Live Auction: Bidding to start from Auction Terms & Legal Disclosures
How to Participate:
* Offers Prior to Auction: The Seller invites all offers—cash or bond-subject—prior to the auction date. If an offer is accepted, the property may be secured via private treaty, and the auction will be cancelled.
* Auction Registration: To bid on the day, please click the "Enquiry" button or contact the agent to receive your Bidder Registration Pack, which includes the Rules of Auction and the Mandatory Disclosure Form.
* The Event: This is a non-distressed luxury auction conducted via Zoom. Registered bidders will receive their unique access link and credentials in the week leading up to the event.
Auction Terms:
* No Buyer’s Commission: 0% commission is payable by the purchaser on the auction day.
* Opening Bid: R1,450,000
* Reserve Price: The sale is subject to a non-disclosed reserve price. The Auctioneer and Seller reserve the right to bid up to the reserve price (CPA Section 45).
* Compliance: The highest bid is subject to a 3-business-day confirmation period by the Seller.
* Reports: All property reports and disclosures are available upon request prior to the event.
Mandatory Statutory Disclosures:
* Registered with the PPRA.
* Harcourts South Africa holds a Business Fidelity Fund Certificate.
* Stephanus Vivier holds an Individual Fidelity Fund Certificate.
* This firm does not operate a Trust Account.
* The Rules of Auction are available for inspection at our offices or via digital request at least 24 hours prior to the auction.