ZIMBALI COASTAL RESORT ERF 279, 25 CLUB DRIVE ZIMBALI COASTAL RESORT KWAZULU NATAL THURSDAY, 26 JULY 2018 @ 11:00 AM THE DURBAN COUNTRY CLUB, 101 ISAIAH NTSHANGASE ROAD, DURBAN Andrew Giddy 082 601 9278 031 579 4403 Viewing by Appointment only Terms & Conditions R 50 000 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 1
CONTENTS 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: Thursday, 08 August 2018 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
INFORMATION Property & Title Deed Information Property Address 25 Club Drive, Zimbali Coastal Resort Title Deed Number T42134/2015 Title Deed Description Erf 279, Port Zimbali, Kwadukuza, Kwazulu Natal Extent 2221 m² MUNICIPAL INFORMATION Zoning Usage Category Coverage FAR Primary Right Municipal Value Annual Rates Vacant 3
INFORMATION Locality The Resort is located in one of South Africa s prime coastal Nature Reserves. Zimbali Coastal Resort is situated North of Umhlanga Rocks and bordering Ballito. The only Sub Tropical Beach Resort in South Africa. The Fairmont Zimbali Resort provides world-class facilities and cuisine and a tempting retreat in an unspoilt sanctuary for discerning guests the world over and the Zimbali Country Club provides members with a sports and social club. The iconic Valley of the Pools provides a unique ocean-side swimming experience mixed with a top quality restaurant for all food connoisseurs to enjoy. It has absolutely everything imaginable for your Luxury. Choose from 9 pools, water slides, Restaurants, Tennis, Mountain Biking, Golf etc. The Residential Estate, the Fairmont Zimbali Resort and the Zimbali Country Club provide residents with a wide range of facilities suited to a broad age spectrum a relaxed and tranquil quality of life and a resort of international standing. Property Description 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. Lease No Lease, Vacant Stands. 4
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