Immovable Property

This listing is updated on a weekly basis.

  • Auctions of fixed properties (largely houses) are generally held on a Monday.
  • Auctions advertised in the newspapers and Government Gazette, websites or other sources do not mean that the auctions will proceed.
  • Prospective buyers should check on the day of the sale whether the scheduled auction is proceeding. The auction can be cancelled on the very last minute.
  • Auction buyers must comply with the provisions of the Consumer Protection Act and supply FICA documents (ID & Proof of Residence).
  • Sales in execution require a 10% deposit in cash, bank guaranteed cheque of EFT transfer immediately upon sale of the property. Viewing is only possible on the day of the sale.
  • The sheriff cannot grant vacant occupation althought the conditions of auction normally allow for possession on payment of the deposit. Buyers will have to arrange occupation at their own expense.
  • The maximum commission payable is R11006.70 inclusive of VAT.

 

Auction Schedule

 

Wednesday 16th April 2014

300 4th Avenue
Lotus River
10:30
 

Wednesday 23rd April 2014

21 Doreen Road
Grassy Park
10:30
 
7 Baywater Street
Lotus River
11:30

-