property auction lenasia property auction insolvent … · the house comprises 4 bedrooms, 3...

LENASIA PROPERTY AUCTION

The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all

sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.

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4 Bedroom House - Pretoria

Wapadrand Security Village

10 Briekslinger Place l Wapadarand, Pretoria Erf 239 Wapadrand Ext. 1

PROPERTY AUCTION

Contact for further info:

Daniel Pelkowitz Cell: 072 360 7510 • Email: [email protected]

Nellie Robbetze Cell: 074 073 8426 • Email: [email protected]

Insolvent Estate

B J Kruger Masters Ref. T.1100/16

Auction Date: Tuesday, 3 September 2019 – 12H00

Venue: On - Site at the property

Auctioneer: Tim Varenzakis

For more information regarding auction registration, see Guideline for the Auction on page 3.

WH Auctioneers Properties (PTY) Ltd

578 16th Road, Randjespark, Midrand

Tel: 0115745700

www.whauctions.com

4 Bedroom House– Wapadrand Security Village, Pretoria



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Index

1. Guidelines for Auction Page 3

2. General Page 4

3. Locality Page 4 - 6

4. Description of Improvements Page 7

6. Site Photographs Page 8

7. Zoning Certificate Page 9 - 10

8. Liquidation Documents Page 11 - 12




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1. GUIDELINES FOR THE AUCTION

Auction date & venue: 3rd September 2019 at 10 Briekslinger Place l Wapadarand, Pretoria - ON SITE

Registration: Bidders can register any time prior to the auction or on auction day at the property. Identity

document and FICA documents required.

All potential buyers are required to pay a registration fee of R25 000 in order to bid at the auction. This fee can

be paid either by bank guaranteed cheque or EFT payment into the Auctioneers’ Trust Account.

Cash will NOT be accepted at the auction venue. Banking information will be provided when requesting

registration forms. Once registered each buyer will be issued with a buyer’s card reflecting a buyer’s number.

Upon signature of the registration documents, all buyers will have acknowledged and accepted the Terms and

Conditions set out in the Rules of Auction.

Registration Fee: R25 000.00 (Refundable to unsuccessful bidders)

Deposit: 15.75% of Hammer Price.

Confirmation period: 14 Business days.

Guarantees: Balance of the purchase price payable within 21 business days after confirmation of sale.

The bid price excludes the buyer’s premium which is payable over and above the hammer price.

Example:

Bid Price: R 100 000.00

Buyer’s Premium: 5% on bid price equating to R5 000.00 plus VAT on the Buyer’s Premium

VAT on Buyer’s Premium: R750.00

Total Purchase Price R 105 750.00

The auctioneers have the right to regulate the bidding and to bid on behalf of the seller at the auction up to (but

NOT exceeding) the reserve price as mandated by the seller. When the auctioneer knocks down the property to

the highest bidder the successful bidder will sign the Conditions of Sale on the day.

A deposit of 15.75% is payable on the fall of the hammer. This is made up of the Buyer’s commission 5%

plus VAT = 5.75% and 10% deposit on the property price

The deposit is payable by way of a Bank Guaranteed cheque or electronic fund transfer. The deposit and buyer’s

premium are deposited into the WH Auctioneers’ Trust account.




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1. GENERAL

Property Address: 10 Briekslinger Place, Wapadrand Security Village, Pretoria, Gauteng

Erf & Suburb & City: Erf 239 Wapadrand Ext. 1, Pretoria, Gauteng

2. TITLE DEED INFORMATION

Deeds Office: Pretoria

Title Deed No. T105948/2007

Erf Size: 1 201m2

Size of House: ±350m2

3. LOCALITY

The subject property is located in Wapadrand, a suburb of the city of Pretoria, South Africa. Located to the east of

Lynnwood.

The area is a completely secure boomed off residential suburb categorised predominantly by modern family

houses.

The subject property offers good access to the local amenities including shopping centres, schools. The property

is easily accessible from major arterial routes including as the Lynnwood Road and Solomon Mahlangu Drive

(Previously Hans Strydom) which links onto the N4 Highway.

Access to the area is gained via secure booms which are monitored by 24-hour security.

The GPS Co-ordinates of the property are as follows:

S – 25˚77’98.59”

E – 28˚33’70.58”




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4. DESCRIPTION OF IMPROVEMENTS

The subject property comprises of a multi-level residential dwelling located in Wapadrand Security Village.

The house comprises 4 bedrooms, 3 Bathrooms, all bedrooms include wooden built-in cupboards. There is a

reception area, a pyjama lounge with an external balcony, lounge / TV room, modern kitchen with granite tops,

scullery, entertainment area with built-in braai facility, a swimming pool and neat garden complete with an irrigation

system. The house also has staff quarters/laundry room with separate toilet and double garage with extra storage

space.

Ground Floor

The front door opens onto a large open plan reception area consisting of a lounge/TV Room leading onto the

dining room. There is a separate lounge which leads directly off the TV Room. The living area leads onto a nice

patio and braai area, which then leads into the garden, and swimming pool.

There are 3 bedrooms are located on the ground floor one of which is utilised as a study. The main bedroom is well

sized with a walk-in closet and en-suite bathroom. The 2 bedrooms also have built in cupboards and share a

separate bathroom which only has a shower. The 3rd bedroom is currently used as a study. The bedrooms are all

finished in a similar style.

The passage leads into a well sized kitchen which is beautifully finished with wooden built in cupboards, a built-in

stove and electric hob, granite tops and extraction fan, there is also a scullery, pantry, separate laundry room/staff

quarter and a back yard.

First Floor

Access to the first floor is gained via an internal tiled staircase which leads onto a pyjama longe which is used as a

secondary TV Room. This room then leads onto a small balcony.

There is another large main bedroom located on the first floor with a separate bathroom with a bath and shower.

The bedroom also leads onto the small balcony.

Internal walls are plastered and painted brickwork, there are also well finished cornices and steel window frames.

Patio doors have wooden frames. Floors are ceramic/porcelain tiles throughout the house.

All the bedrooms overlook the garden.

External walls – plastered and painted brickwork as well as facebrick. It appears that the double storey portion of

the property was built onto the original facebrick house at a later stage. Details of this construction are unknown.

The property measures approximately 350m2 under roof.




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Parking

There is a large double garage at the back of the house. Wooden garage doors are operated by automatic

motors. There is also a parking lot outside the house with 8 parking bays. Parking surface is brickwork paving.

Site Access and Security

Access is gained to the site via a motorise gate. The site is secured by high external walls.

Summary

Roof: Pitched roof with clay roof tiles

External Walls: Plastered and painted brickwork and face brick

Internal Walls: Plastered and painted brickwork

External Floors: Brick paving and ceramic/porcelain tiles

Internal floors: Ceramic/porcelain tiles

Staff Quarters: Staff quarters available

Condition: The property appears to be in a fair condition. There is maintenance required in places.

There is evidence of cracking in certain places specifically at the garage where the wall

joins the garage. Having spoken to a builder on site, it appears to be plaster and not a

structural crack but this cannot be confirmed at this stage. There is evidence of water

damage and rising damp to the external walls of the property and the house itself. This

will need attention. Gutters and downpipes appear to be in a decent condition and only

require painting in places.

A structural survey of the building has not been undertaken and will not form part of this report. All structural and

maintenance information are as per information provided by the owners upon visiting the site.




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5. SITE PHOTOGRAPHS




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6. NSOLVENCY DOCUMENTS