LIQUIDATION UNIT 30, SS THE WATERFRONT 37 SOUTH BEACH ROAD, SELECTION BEACH, UMHLOTI

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1 LIQUIDATION UNIT 30, SS THE WATERFRONT 37 SOUTH BEACH ROAD, SELECTION BEACH, UMHLOTI Wednesday 11 October 11:00 AM 101 ISAIAH NTSHANGASE ROAD, DURBAN PETER SALVESEN Viewing by Appointment only Terms & Conditions R refundable deposit (strictly bank guaranteed cheque or cash transfer only). Bidders must provide original proof of identity and residence on registration. No cash will be accepted at the auction. No exceptions. All bids are exclusive of VAT. Ian Wyles Auctioneers may bid up to reserve on behalf of the sellers. Subject to change without notification. Auctioneer: Ian Wyles 1

2 CONTENTS Property Summary Locality Maps Pictures Additional Information Auction Information Deposit 10% of bid price payable by The Purchaser on the fall of the hammer Commission 10% plus VAT thereon of the bid price payable by the Purchaser on the fall of the hammer Confirmation period Tuesday 24 October 2017 Terms and Conditions If you are the successful bidder, the following is applicable: 30 Day Guarantee Period from confirmation of sale by the Seller Possession & occupation of property on registration Electrical (including electric fencing), woodborer and gas compliance for the Purchaser s account, if applicable Banking Details Ian Wyles Auctioneers Mercantile Bank Durban Branch: Account Number: Reference: Use Name and Property Address 2

3 INFORMATION General Property Address Unit 30 & 68 SS The Water Front, 37 South Beach Road, Title Deed Information Selection Beach, Umhloti Title Deed Number Title Deed Description ST11355/1995 Property Section 40 and 68 of the plan 237/1995 known as THE WATERFRONT, situated at portion 2048 farm 1575 COTTON LANDS Unit Size 84m² Garage Size 19m² Locality Laying between Umhlanga and Billito, and situated at the mount of the Mdloti River, Umdloti is a small Kwazulu, Natal Coast town nestled in a coastal conservancy surrounded by fields of sugar cane and indigenous forests. Umdloti s main attraction for the North Coast Holidaymakers are three beautiful beaches namely Newsel Beach, Selection Beach and Umdloti Beach. 40 The Waterfront complex is situated on the South Side of Umdloti opposite the beach, there is a stunning secured swimming pool with braai facilities, short walking distance from the shops and restaurants Condition The property has been inspected and is in good condition, Please note that we have not undertaken a structural survey nor have we arranged for tests of inspections of the service installation 3

4 INFORMATION Property Description This subject sectional title unit situated on the top floor with magnificent sea views consists 2 Bedrooms Main bedroom - open plan titled, siding door leading onto the patio Family Bathroom Fully titled, comprising of a bath, shower, toilet, basin Open plan Living Room and Kitchen Titled floors, built in kitchen cupboards, sliding door leading onto covered patio 1 x Single lock up garage 1 x Open plan parking Seller Vat Status The Seller is not a VAT vendor. VAT is not applicable to the purchase price. Expenses Monthly Rates ± R [Estimated] Monthly Levies TBA Leases Currently Occupied vacant on transfer 4

5 AERIAL VIEW 20 Canterbury Village, Camelot Hillcrest Unit 40 & 68 SS The Water Front, 37 South Beach Road, Selection Beach, Umhloti 5

6 IMAGES 6