PROPERTY AUCTION ABRAMS CREST ESTATE- KELSO 9 BEDROOM RESIDENCE WITH SEA VIEWS THURSDAY 4 TH FEBRUARY 2016 @ 11am VENUE: THE WANDERERS GOLF CLUB, SANDTON, JOHANNESBURG Andrew 082 601 9278 Viewing by Appointment only Terms & Conditions R50 000 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
CONTENTS ABRAMS CREST ESTATE-KELSO 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 WEDNESDAY 10 FEBRUARY 2016 (COUNTER OFFERS TO BE ACCEPTED WITHIN THE FIRST 7 DAYS ONLY, THEREAFTER THE SELLER HAS A FURTHER 7 DAYS TO ACCEPT OR REJECT THE OFFER) 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: 450126 Account Number: 1050653718 Reference: Use Name and Property Address 2
PROPERTY INFORMATION ABRAMS CREST ESTATE-KELSO General Property Address Erf 31, Abrams Crest Estate, Kelso Title Deed Information Title Deed Number T347/2008 Title Deed Description Erf 31 Kelso Extent 1100m² Locality Kelso is a holiday resort along the Umdoni Coast, KwaZulu- Natal situated 50 kilometers south of Durban on the N2. The subject property is positioned to the East side of the R102 in close proximity to the sea. The subject property with sea views is situated within an upmarket gated estate, Abrams Crest, which boasts 145 freehold residential sites, many of which are situated on the crest and sea-facing side of Kelso Hill. The development have been fully walled with access being gained through an impressive gated entrance, manned by guards twenty four hours a day. 3
PROPERTY INFORMATION ABRAMS CREST ESTATE-KELSO Leases The property is currently owner occupied Property Details A double storey above road level residence comprising: MAIN RESIDENCE 6 Bedrooms 6 Bathrooms (Access) Open plan kitchen Spacious lounge/dining room Entertainment area overlooking pool FLAT ONE 2 Bedroom apartment above double garage Separate balcony with sea views FLAT TWO Bachelor flat above double garage Access is controlled by automated gate at road level with a brick paved driveway leading to the main residence and the garage/entertainment facilities. The residence enjoys sea-views 4
PROPERTY INFORMATION ABRAMS CREST ESTATE-KELSO Condition The property 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 installations. Seller Vat Status The Seller is not a Vat vendor. Vat will not be applicable to the purchase price. Expenses Rates: ± R 1000.00 per month Levies: R 833.00 per month (R 733.00 home owners levy + R 150 water levy) Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither IAN WYLES AUCTIONEERS Ltd nor the Seller/s guarantee the correctness of the information, provided herein and neither will be held liable for any direct or indirect damages or loss, of whatsoever nature, suffered by any person as a result of errors or omissions in the information provided, whether due to negligence or other wise of IAN WYLES AUCTIONEERS or the Sellers or any other person. 5
LOCALITY ABRAMS CREST ESTATE-KELSO 6
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