FULLY FURNISHED POTENTIAL BED & BREAKFAST / HOLIDAY ACCOMODATION - 180º SEA VIEWS

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OWNER RELOCATED FULLY FURNISHED RESIDENCE RAMSGATE FULLY FURNISHED POTENTIAL BED & BREAKFAST / HOLIDAY ACCOMODATION - 180º SEA VIEWS THURSDAY 4 TH FEBRUARY 2016 @ 11am VENUE: THE WANDERERS CLUB, SANDTON, JOHANNESBURG Charles Lucey 079 576 8532 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 Property Summary Pictures Additional Information Locality Maps Auction Information N 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. The Purchaser, purchases the property free of any encumbrances. Banking Details Ian Wyles Auctioneers Mercantile Bank Durban Branch: 450126 Account Number: 1050653718 Reference: Use Name and Property Address 2

PROPERTY INFORMATION General Property Address 1137 Wedge Road, Ramsgate Title Deed Information Title Deed Number T51687/2003 Title Deed Description Remainder of Erf 1137, Ramsgate Hibiscus Coast Extent 3793m² Locality The subject property is situated in a well-established residential suburb on the KZN South Coast and is in close proximately to the beach, shopping centres, schools and places of Worship. Ramsgate is a popular holiday destination during school holidays and the festive period. This property offers a 180º degree sea view Leases The property is currently vacant. 3

PROPERTY INFORMATION MAIN HOUSE: 3 Bedrooms- 3 Bathrooms, main bedroom with Luxury shower unit & Jacuzzi Bath. All Bedrooms have TV s & Fridges plus Furniture. Dining room 2 Lounges Study/Office Fully fitted kitchen with breakfast nook Guest toilet Garage Storeroom. FLAT NO. 1 1 Bedroom: Fully Fitted with kitchen, fridge, microwave, TV & Furniture FLAT NO. 2 Open Plan: 1 Bedroom with kitchen, Fridge, Microwave, TV & Furniture LAND All above set in tropical garden with cycads, Pool with stunning 180 Sea Views from Patio and Entertainment area fitted with Fridge, Gas stove and kitchenette. Property has Security Alarm System and Fully Fenced. 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. 4

PROPERTY INFORMATION Condition The property is in good condition & well maintained. 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 sale Expenses Rates: ± R1 692.43 per month Disclaimer 5

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. PICTURES 6

PICTURES 7

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. INVENTORY OF ASSETS: MAIN HOUSE Entrance Hall: Various Ornaments 2x Ratton Chairs Side board Chest of drawers Mirror Ratton Bench 8

Table Paintings & Pictures Kitchen: Sinotech TV LG Microwave Breakfast table with 4x aqua chairs Large Fridge Dining Room: Glass dining room table 8x Aqua chairs Clock Large Mirror Tea trolley Study: 2x Office chairs Logik fan Small wooden cabinet Clock Large cabinet 1x small wooden table Lounge: LG TV Lounge suite Various pictures Various ornaments Water feature 2x small glass tables Glass coffee table Large De Santos painting TV Display cabinet with DSTV decorder Second Lounge & Patio: Lounge suite 2x Tables Circular table Logik fan LG TV Total gas stove Defy bar fridge White patio furniture Main bedroom: 9

Base double bed 2x pedestals Painting Samsung TV Square table Small round table Various ornaments 2x small carpets (Main en Suite Logik dryer, Defy Automaid washing machine & curtains) Second Bedroom: Double bed White linen Defy microwave Hisense fridge Telefunken TV 2x small round tables Picture frame Kettle White dresser in bathroom Third Bedroom: Brown wooden double bed Hisense fridge Defy microwave 3x Pictures Airtech heater 2x side tables Flat 1: Double bed unit Linen, Lounge suite KIC Fridge Samsung microwave Univa 314 stove Toaster Kettle Daewoo TV Carpet Coffee table Wooden unit 2x pictures Glass table Flat 2: Double bed unit Lounge suite Carpet Mirror 10

White coffee table Pictures KIC Fridge Sunbeam microwave Aim TV Defy stove Toaster Kettle Various ornaments Small wooden table Painting Flat 3: Defy stove Ottimo microwave Toaster Kettle Round table 4x chairs Lounge suite Coffee table KIC Fridge Wall unit Pictures Painting Tapestry Double bed Linen 3x tables Double bunk Single bed Chest of drawer Store room: Lawnmower Garage: Various white plastic chairs & tables 11