erf 2064 riversdale - go-dove.com · [email protected] information pack . erf 2064 riversdale ....

GoIndustryA LIQUIDITY SERVICES MARKETPLACE

DoveBid www.go-dove.com/southafrica@GoDoveSA

0861 GODOVE (463683)[email protected]

INFORMATION PACK

ERF 2064 RIVERSDALE

36 Beach Street Strand

Section 209 of SS Ocean View Scheme No 159 City of Cape Town Western Cape

ONLINE PROPERTY AUCTION SALE CLOSING: 26 NOVEMBER 2019 AT 14:00 ZA

Version 2 - 20 November 2019




PROPERTY SUMMARY RECTANGULAR SHAPED STAND IMPROVED WITH SINGLE STOREY BUILDING IN RIVERSDALE Property Address: Hofmeyer Street, Riversdale Co-ordinates: -34.094095, 21.252609 Property Description: Erf 2064 Riversdale, Langeberg Municipality, Province of Western

Cape Fully described on Title Deed No: T3695/1945

Extent: 1,031 m²

Ownership: Telkom SA (Pty) Ltd Municipal Valuation: (2013/2014 Financial Year)

Unknown

Property Details: The subject is situated opposite the Riversdale Hospital. The stand

is rectangular in shape and has good accessibility and exposure to the hospital entrance and passing traffic. It enjoys convenient access to the N2 National Road. The subject stand appears to be improved with a single storey building used as a offices with related use. The Purchaser acknowledges that they have been informed that Telkom intends to continue occupying a certain portion of the property by means of a Notarial Lease until such time as the property is vacated by Telkom. Refer to Notarial Lease agreement (Annexure F).




ZONING




LOCALITY MAP




AUCTION TERMS & CONDITIONS

Property Notes: The Purchaser must comply with the conditions at their own cost to enable the transfer of the property. These conditions are specified in “Annexure A”. The property is sold “voetstoots” as it now stands and subject to the terms and conditions and servitudes mentioned in the current and/or prior Title Deeds and to the conditions of the zoning certificate.

Auction Notes: • Bidders and participants who wish to take part in the auction are required to register online prior to the event.

• Registration and approval of your bidding status is subject to completion of the registration form, submission of your FICA documents, declaration of interest and authority & consent to perform credit bureau profile verification and upon receiving proof of payment of the R10 000 which is a refundable deposit & may be payable by a bank guaranteed cheque or Electronic Fund Transfer (EFT).

• Bidders are advised to make themselves aware of all property features including but not limited to the property information packs which include the specific Offer to Purchase for each property, Known Defects List, Title Deed and Zoning. Telkom, Gyro Group and GoIndustry DoveBid does not warrant the accuracy of the information and we have taken the information as being correct at the time of auction. All interested bidders are to familiarise themselves with the properties and perform their own assessment thereon.

• The sale of these properties are subject to Value Added Tax charged at 15%.

• Interested parties are reminded that NO POST AUCTION OFFERS WILL BE ENTERTAINED BY THE SELLER. All interested parties are urged to familiarise themselves with the available documentation on hand and can be found by downloading the relevant information from the Lot Catalogue or alternatively requesting such information from our offices.

• •Kindly note, no Nomination Agreement will be entertained, thus the registered person / entity shall be the stipulated purchaser on the signed purchase agreement.

• •Deposit of 10% and Buyers Premium 8% (Percentage breakdown to follow) plus VAT immediately after the sale, balance of the purchase price (plus VAT)on registration of transfer.

• The sale of these properties are subject to Value Added Tax charged at 15%.




NOTICE TO BIDDERS Welcome to GoIndustry DoveBid SA Online Property Auctions! Within this pack, you will find pertinent information regarding the property being auctioned. Furthermore, there are step by step instructions on how to register at the end of this document. All additional information and other properties can be found on our website at www.godove.com/southafrica. On this page we will give you a quick introduction to our online portal as well as relevant legislation on purchasing property in South Africa. The information included herewith is a summary of information from a number of sources, most of which have not been independently verified. This summary has been provided only for the use of prospective bidders for the Online Auction opening, 22 November 2019 at 14:00 and closing, 26 November 2019 from 14:00. It is supplied for whatever assistance it may provide in answering questions; however: SUCH INFORMATION AND OPINIONS ARE SUPPLIED WITHOUT WARRANTIES OR REPRESENTATIONS, EITHER EXPRESSLY OR TACITLY IMPLIED, WHATSOEVER. Prospective bidders are advised to avail themselves of the land uses and or restrictions if any, of the property and to consult whatever advisors they may feel appropriate. The property for sale will be auctioned “voetstoots”, as it now stands and subject to the terms and conditions and servitudes mentioned and referred to in the current and/or prior Title Deeds and neither GoIndustry DoveBid, nor the Substitute Trustees or their respective agents make any express or tacitly implied warranties of any kind. The description and conditions listed in this and other advertising materials are to be used as guidelines only and are not guaranteed. Please Note: In order to take part in this auction, a R10 000.00 refundable deposit is required prior to your bidding status being approved. Furthermore, all pending registrants may have to complete a participation form which can be found on the events page / auction page on our website. Should you have any questions regarding the approval of registrants, please contact our offices for assistance on 0861 463 683.

Offer to Purchase Immovable Property on Auction Annexure A Special Conditions & known Defects

Page 1 of 4

OFFER TO PURCHASE IMMOVABLE PROPERTY ON AUCTION

General information. Location.

ANNEXURE “A”: SPECIAL CONDITIONS AND KNOWN DEFECTS

The subject property is located on Hofmeyer Street, Riversdale.

Property.

The subject property – Erf 2064 Riversdale, Langeberg Municipality, Province of

Western Cape – measuring approximately 1031 sqm ;

Improvements

The property is improved with the following buildings - measuring approximately 104.5

sqm in total – with details as follow:

The subject is situated opposite the Riversdale Hospital. The stand is rectangular in

shape and has good accessibility and exposure to the hospital entrance and passing

traffic. It enjoys convenient access to the N2 National Road.

The subject stand appears to be improved with a single storey building used as a

offices with related use.

Notwithstanding the above information given, the Purchaser still needs to investigate

/ inspect the property accordingly.

Condition of property and improvements: The improvements on the property appears to be in average state of repairs.

However, no structural surveys were undertaken, nor were any tests / inspections

done by the Seller and as such it is assumed that improvements are free of any rot,

beetle or any other major defects. As such the Purchaser still needs to investigate /

inspect the property accordingly.

The Purchaser

acknowledges that

this clause was

specifically brought

to his/her/its

attention:

Signed by the

Purchaser


Page 2 of 4


In the event that asbestos material (-s) exist / may exist on site – the purchaser

acknowledges being informed / reminded of the following:

Disposal of the asbestos material to be conducted in line with policy on the handling

and disposal of asbestos and asbestos containing waste in terms of section 20 of the

Environment Conservation Act, 1989 (Act 73 of 1989).

Notwithstanding the above no guarantees whatsoever are given and as such the

Purchaser accordingly warrants that h e / s h e / it has thoroughly inspected the

Property, or alternatively that it/he/she has been given an opportunity to thoroughly

inspect the Property and has elected not to do so.

The Purchaser further confirms that it submits this Offer to Purchase with full

cognisance of the nature of the Property, and that it will have no claim of whatsoever

nature against the Seller, either before the date of transfer or thereafter, as a result

of the afore-mentioned, vandalism, illegal occupation, statutory non-compliances

(with specific reference to building codes, health and safety) etc.

For the sake of clarity and ease of completeness an Aerial Image (Annexure E) and

some photographs / images (Annexure F) are attached herewith.

Town Planning conditions: Availability of services.

Purchaser acknowledges being informed that the Developer / Purchaser must fully

acquaint itself with sufficient availability of services to the subject property. There

may also be costs involved for the supply of additional electricity or other services.

The purchaser specifically acknowledges that:

1) In the event that electricity-; water-; sewer–; fire prevention- and / or any other

services are either not split or not available; and / or should it be a specific

requirement by Council to provide new separate, independent service (-s), from a

Council supply point(-s) – to the satisfaction of Council or any other relevant authority

– all such requests / requirements needs be adhered to at the purchaser’s cost

SG Diagram (-s).

The Purchaser acknowledges being informed that a copy of SG diagram

No:3891/44 (Annexure D) is attached to the Offer to Purchase.

The Purchaser

acknowledges that

this clause was


to his/her/its

attention:

Signed by the

Purchaser


Page 3 of 4


Zoning.

The Purchaser warrants that it has been urged to obtain and confirm with the

municipality the current zoning of the Property and has fully acquainted itself thereof

and that it will have no claim of whatsoever nature against the Seller, either before

the date of transfer or thereafter, due to changes in respect of the Property’s zoning.

Sub-division application conditions and / or re-zoning application conditions (if any).

n/a

Servitude (-s) (if any).

Please refer to references made in the Title Deed and SG diagram respectively.

The Purchaser accordingly warrants and acknowledges that it will be required to

ascertain current exact position (-s) of servitude (-s) (if any) and also whether any

other servitude (-s) applies to the property / portions of the property.

Other Conditions to be noted by the purchaser.

If applicable, the following conditions are recorded:

a) Telkom Occupying Property(if applicable) The Purchaser acknowledges that they have been informed that Telkom is still

occupying certain portions of the property. Should the sale transaction register before

The Purchaser

acknowledges that

this clause was


to his/her/its

attention:

Signed by the

Purchaser

Telkom employees have successfully been relocated elsewhere, a lease agreement

needs to be entered into until such time as the property is vacated by Telkom.

A copy of the lease is attached.

b) Heritage status. - no investigation undertaken


Page 4 of 4


The Purchaser accordingly warrants and acknowledges that it will be required to

liaise, possibly amongst others with the Local Municipality, Heritage Resources

Section and SAHRA Regional Office, to ascertain whether any Heritage classification

applies to the property / portions of the property.

Especially in view of the fact that, should such classification exist and / or be

applicable, the Purchaser may be required to act within specific requirements /

specifications / laws and or by-laws as may be imposed by relevant Authorities

before it would potentially be allowed to develop and or use this property or

portions of the property responsible and sustainable from, amongst others, a

“heritage” and “ecological” point of view.

c) Encroachments (if any).

No investigation (-s) undertaken in this regard. Purchaser must determine extent and

Pointing out of beacons.

Title Deed conditions: The Purchaser acknowledge being informed of Title Deed number T3695/1945 and

subsequent conditions as contained therein (Annexure C).

============================================

The Purchaser acknowledges that these clauses was specifically

brought to his/her/its attention:

_________________

Signed by the

Purchaser

ANNEXURE B - ZONING

ANNEXURE C - TITLE DEED

SG DIAGRAM

ANNEXURE D - SG DIAGRAM

ANNEXURE E – AERIAL MAP

ANNEXURE F - LEASE AGREEMENT

HOW TO REGISTER TO OUR WEBSITE

1. Website: www.go-dove.com/southafrica

2. Click “Register” in the top right hand corner of page.

3. Complete all fields.

http://www.go-dove.com/southafrica

4. Indicate if you are a registering on behalf of your business/company or in your private capacity. If it

is behalf of your business/company, please fill in the relevant information below. Reseller/Dealer – Business End User – Private capacity

5. Select your preferred email alerts and enter your mobile number.

6. Agree to the terms and conditions to continue

7. You will receive a confirmation email or sms with an activation link which will direct you back to the

website to create a new password.

8. Your registration is now complete.

HOW TO BID ONLINE

1. Go to the sale that you are interested on www.go-dove.com/southafrica

> Auctions > All Auctions & Sales

2. Once on the Event Page, click on the “Sign up for event” button on the right of the page.

http://www.go-dove.com/southafrica

3. Fill in all fields and click “Continue”.

4. Scroll down to the bottom of page, tick the box and click “Continue”

5. You are now a pending registrant and you will be approved within 72 hours (normally within 2 hours).

6. Once you have been approved, you will be notified and you can then begin bidding, if bidding has opened.

Click on “View lot catalogue”.

7. Go through the catalogue and select “Watch This” on the items you are interested in bidding on.

8. The “Watch this” button will change to a magnifying glass and a “Go to bid manager” button. You have now

moved these lots into your Bid Manager. You can now go into your Bid Manager by clicking this button, or by

clicking the Bid Manager button in the top right corner of the website, at any stage.

9. To place a bid, click “Bid now”

10. To bid on a lot, enter your bid in the “My Max AutoBid” field. You must add to the “Current bid” by an

amount that is a multiple of the “Bid Increment”.

Current bid: What the bid is currently for this lot

Bid increment: You add to the current bid in multiples of this amount

My Max AutoBid: Where you place your bid amount EXAMPLE You will see the “Bid Increment” is R10 for the above lot, so you may place a bid that is a minimum of R10 higher (in this case R270), or a higher bid that is a multiple of R10 (R20, R30, R40 etc), which would make the amount you enter R280, R290, R300 etc. The amount you insert must be the actual amount you want to pay for the lot, not the amount you want to increase the current bid to. Insert the amount in the “My Max AutoBid” field and click “Place AutoBid”. It will ask you to confirm this amount. The “My Absolute Bid” section underneath the AutoBid section refers to an amount you can enter if you know what the maximum bid is that you are willing to spend. You enter it here and the system will automatically bid on your behalf up until this value. However, if the lot closes and the competing bidders only bid up to R300 for example, and you bid R400 as your absolute, the bid value will automatically jump to your R400. But if you were continually placing an Autobid instead, you would only have needed to bid R10 higher at R310 and you would have won the lot.

NOTES:

The auction has a closing date and time, however, Lots may go into extended time. A Lot will stay open for

10 minutes after someone has placed a bid on it. If nobody bids within 10 minutes of the last bid, the Lot will

close.

o Example: If the auction closes at 2:00pm and a bid is placed at 1:55pm, the Lot will stay open for 10

minutes until 2:05pm. If a second bidder bids at 2:02pm, the Lot will then be extended again by

another 10 minutes until 2:12pm, and so on. If nobody bids after 2.12pm, the Lot will close 10

minutes later at 2.22pm.

When bidding, please make sure you bid out of your bid manager, bidding from your lot catalogue may

result in your computer caching your pages and you may think you are winning a Lot while you have actually

been outbid.

o The Bid Manager updates every 40 seconds

erf 2064 riversdale - go-dove.com · [email protected] information pack . erf 2064 riversdale ....

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