Cluster on Auction in Dal Josafat

Description

INSTRUCTED BY TRANSNET SOC LIMITED Opening Bid: R2,700,000.00 ONLINE AUCTION Bidding Start Time: Wednesday 4 March 2026 @ 09:00 Registration is essential by Tuesday 3 March 2026. Auction Finance Available. For more information, please contact the listing agent. PROPERTY INFORMATION: ADDRESS: Portion of Remainder Erf 5392, Paarl SIZE: ± 8,195m² The purchaser will be responsible for the subdivision of the property as per the disposal plan. LOCATION: The subject property is essentially located alongside Huguenot Metrorail Train Station. The station lies north of the N1 highway, 1km west of the Paarl CDB. The subject property can be considered to have a central locality with easy access to all amenities. ACCESS The subject property can be accessed off Van Der Merwe Street which leads off Ambagsvallei Street, which intersects with Huguenot Bypass - a main traffic bypass off Jan Van Riebeeck Drive which connects Paarl in the south with Wellington in the north. Public transport in this node is considered fair and the subject property is located in close proximity to the Huguenot Metrorail Train Station and local taxis. Furthermore, the bus service in this area is considered fair. The subject property hosted seven residential dwellings (of which two are shown to have been demolished) which are to be auctioned as one unit. Although the parent property measures 8 956.00m², the approximate area to be sub-divided measures 8 195.00m². Dwelling 1: (Asset number - 01APB01C) Size: 170.00m² Accommodation: 3 Bed, 1 Bath Maintenance required Asset number - 01APB02C Size: 0.00m² Demolished Dwelling 2 - Asset number - 01APB03C Size: 195.00m² Accommodation: 3 Bed, 1 Bath Vandalised Asset number - 01APB04C 0.00m² Demolished Dwelling 3: Asset number - 01APB05C Size: 178.00m² Accommodation: 3 Bed, 1 Bath Bad condition Dwelling 4: Asset number - 01APB07C Size: 163.00m² Accommodation: 3 Bed, 1 Bath Maintenance required Dwelling 5: Asset number - 01APB08C Size: 140.00m² Accommodation: 3 Bed, 1 Bath Maintenance required Additional Land Overhead measurements indicate that the vacant land portion (2 x demolished and 1 x severely vandalised building) is some 2 400.00m². NOTES: • The property is sold subject to confirmation. • The property is sold Voetstoots with no repairs to be done by the Seller. • Vacant occupation on Registration of Transfer is not guaranteed by the Seller or Auctioneer. • Purchaser will be responsible for any Certificates of Compliance necessary to pass transfer. • Purchaser will be responsible for settling all outstanding municipal accounts, if any, prior to transfer. • 10% Deposit and 5% Auctioneer’s fee, plus VAT thereon, payable on the fall of the hammer. • Seller is VAT registered and VAT will be applicable to the transaction. PAYMENT TERMS: 10% Deposit & 5% Auctioneers fee (Excluding VAT on fee); Payable on the fall of the hammer by means of EFT only. Balance payable within 30 business days after acceptance. REGISTRATION: A R25,000 registration fee payable by EFT is required to register together with ID & FICA documents. The registration fee is refundable should you not be the successful bidder. All relevant documentation will be required for registering on behalf of a person/entity as follows: PERSON: • Copy of your ID & your Spouse’s ID (if married in community of property) • Proof of residence no older than 3 months • Letter of authority from spouse (if married in community of property) • Tax Clearance Certificate for both yourself and spouse (if married in community of property) COMPANY: • Company Registration documents • Resolution signed by all Shareholders authorising bidder • Copy of all Shareholders/Directors ID • Proof of Company Address - not older than 3 months • Company Tax Clearance Certificate TRUST: • Trust Registration documents • Resolutions signed by all Trustees authorising Bidder • Copy of all Trustee’s IDs • Proof of Trust Address not older than 3 months • Trust Tax Clearance Certificate All relevant documentation will be required for registering on behalf of a Non-Profit Organisation as follows: • Valid certificate of registration as a non-profit organisation/welfare organisation (NPO Certificate) • Section 21 company registration documents • Resolution signed by all directors/office bearers authorising bidder • Copy of director’s/office bearers ID’s • Proof of Organisation’s address not older than 3 months • Organisation’s Tax clearance certificate/Public Benefit Organisation certificate (PBO Certificate) PLEASE NOTE: All Resolutions must be completed correctly or they will NOT be accepted. They must AUTHORIZE the bidder to BID ON BEHALF OF as well as SIGN ANY AND ALL DOCUMENTATION REQUIRED to pass transfer. DISCLAIMER: The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers. Bidders must conduct their own investigations prior to bidding. A structural survey has not been conducted. Neither the Seller or Auctioneer warrant the availability of any building plans and the property will not be sold subject to the provision of such plans. Neither the Seller nor the Auctioneer warrant vacant occupation of the property. It will be the Purchaser’s responsibility