AUCTION WOODRIDGE FOREST ESTATE KZN MIDLANDS THURSDAY 4 TH FEBRUARY 2016 @11am VENUE: THE WANDERERS CLUB, SANDTON, JOHANNESBURG Andrew Giddy 082 601 9278 Viewing by appointment 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 WOODRIDGE FOREST ESTATE Property Summary Pictures Locality Maps 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 of transfer 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 WOODRIDGE FOREST ESTATE General Property Address Section 5 of the Scheme SS Woodridge Forest Estate Title Deed Information Title Deed Number ST32985/2013 Title Deed Description Section 5 of the scheme Woodridge Forest Estate (255/2013) Situated on Portion 3 Farm 15315 Gaywood, FT, Kwa-Zulu Natal Extent Unit : 471m² Land Size : 4000m² Property Details This property located within the renowned Woodridge Eco Forest Estate offers beautiful views over the Balgowan Valley with it also being central to some KZN s top schools (such as Michaelhouse and Clifton) and the KZN Midlands Meander. 3
PROPERTY INFORMATION WOODRIDGE FOREST ESTATE The property comprises: MAIN RESIDENCE Lower Level 2 Bedrooms (En-Suite) Open Plan Kitchen/Lounge and Dining Room Guest Toilet 2 x Store Rooms Upper Level 2 Bedrooms (En-Suite) Entertainment Room Steam Room with toilet Study OUTBUILDING 1 Bedroom (En-Suite) Laundry Staff Quarters with shower and toilet 2 X Undercover Parking Bay 4
PROPERTY INFORMATION WOODRIDGE FOREST ESTATE Leases The property is currently occupied by a tenant on a month to month basis. The monthly rental amount amounts to R 20 000.00. Condition The property is in a good to 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 a Vat vendor. Vat will be applicable to the purchase price. Expenses Rates: ± R 2 520.00 per month Woodridge Estate: Monthly Levy: ± R 4 400.00 Special Levy: R 500.00 per month Complex Management: Monthly Levy: R 295.00 Site Security: R 220.00 per month Management Fee: R 75.00 per month 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 MAP KZN MIDLANDS SPLENDOUR 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 6
PHOTOS KZN MIDLANDS SPLENDOUR 7
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