DECEASED ESTATE PROPERTY AUCTION
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1 DECEASED ESTATE PROPERTY AUCTION 3 BEDROOM SECTIONAL TITLE UNIT 151 BUCKINGHAM ROAD, BONELA, DURBAN Thursday 24 May 11:00 am Durban Country Club, 101 Isaiah Ntshangase Road, Durban Craig Wood Viewing by Appointment only 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
2 CONTENTS BONELA-KWAZULU NATAL Property Summary Locality Maps Pictures Additional Information Auction Information Deposit 5% 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 Monday 6 June 2016 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
3 PROPERTY INFORMATION BONELA KWAZULU NATAL General Property Address Section 4 SS Buckingham Road No Buckingham Road, Bonela, Durban Title Deed Information Title Deed Number ST48360/2007 Title Deed Description Section 4 of SS Buckingham Road No. 31 Sectional Scheme No. 19/1993 Unit Size 60m² Location This property is located within the residential suburb of Bonela, West of the Durban CBD. Bonela borders Mayville, Westridge and Wiggins and is in close proximity to the Pavilion Shopping Centre, N3 and the Jan Smuts Highway. General comments Although the residence is part of a Sectional Scheme development and continues to be registered as such, we have been advised that the subject unit has its own private vehicle entrance, from Buckingham Road, and also has exclusive use of the front and rear garden as well as an outbuilding. The improvements are relatively well maintained with some minor maintenance and repairs required to floor tiling in the dining room area. Apart from this, the residence is in seemingly good order with additional features being:
4 PROPERTY INFORMATION BONELA KWAZULU NATAL Rear covered patio with built in braai Sliding gate for vehicle and pedestrian access Bitumen surfaced driveway Thus, the registered extent of 60m² does not do justice to the actual benefit derived from owning the property. PROPERTY DETAILS The unit is situated in a well maintained building and comprises: Main residence Semi-detached double storey duplex unit having plastered and painted internal and external walls, under clay tiled roof with aluminium frame windows, comprising: Ground level Dining room / kitchen Entrance / Living room Patio Lock up Garage Upper level Family bathroom Separate toilet Laundry Bedroom 1 with built in cupboard Bedroom 2 with built in cupboard Bedroom 3 with walk through closet and access to the balcony
5 Outbuilding Storeroom with toilet and shower Features Private access from Buckingham Road Private front and rear gardens Covered rear entertainment area with built-in braai Condition The property is in a fair condition. Please note that we have not undertaken a structural survey nor have we arranged for tests of inspections of the service installations. Seller Vat Status The Seller is not a VAT vendor, Vat will not be applicable to the purchase price. Lease The property is currently occupied by the deceased s spouse Expenses Monthly Rates: ± R223.00
6 AERIAL VIEW BONELA KWAZULU NATAL
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