INSTRUCTED BY TRANSNET SOC LIMITED

ONLINE AUCTION
Bidding Start Time:  Wednesday 15 October 2025 @ 09:00
Bidding End Time:  Thursday 16 October 2025 @ 14:30
Registration is essential prior to the auction by Tuesday 14 October 2025.

NOTES:

• The properties are sold subject to confirmation.
• The properties are sold Voetstoots with no repairs to be done by the Seller.
• Vacant occupation on Registration of Transfer is not guaranteed by the Seller or Auctioneer.
• Purchaser will be responsible for any Certificates of Compliance necessary to pass transfer.
• Purchaser will be responsible for settling all outstanding municipal accounts, if any, prior to transfer.
• 10% Deposit and 5% Auctioneer's fee, plus VAT thereon, payable on the fall of the hammer.
• Seller is VAT registered and VAT will be applicable to the transaction.

PAYMENT TERMS:
10% Deposit & 5% Auctioneers fee (Excluding VAT on fee); Payable on the fall of the hammer by means of  EFT only. Balance payable within 30 business days after acceptance.  

REGISTRATION:

A R25,000 registration fee payable by EFT is required to register together with ID & FICA documents.  The registration fee is refundable should you not be the successful bidder.

All relevant documentation will be required for registering on behalf of a person/entity as follows: 

PERSON: 

• Copy of your ID & your Spouse’s ID (if married in community of property) 
• Proof of residence no older than 3 months 
• Letter of authority from spouse (if married in community of property) 
• Tax Clearance Certificate for both yourself and spouse (if married in community of property) 

COMPANY: 

• Company Registration documents 
• Resolution signed by all Shareholders authorising bidder 
• Copy of all Shareholders/Directors ID 
• Proof of Company Address - not older than 3 months 
• Company Tax Clearance Certificate 

TRUST: 

• Trust Registration documents 
• Resolutions signed by all Trustees authorising Bidder 
• Copy of all Trustee’s IDs 
• Proof of Trust Address not older than 3 months 
• Trust Tax Clearance Certificate 

All relevant documentation will be required for registering on behalf of a Non-Profit Organisation as follows: 

• Valid certificate of registration as a non-profit organisation/welfare organisation (NPO Certificate) 
• Section 21 company registration documents 
• Resolution signed by all directors/office bearers authorising bidder 
• Copy of director’s/office bearers ID’s 
• Proof of Organisation’s address not older than 3 months 
• Organisation’s Tax clearance certificate/Public Benefit Organisation certificate (PBO Certificate) 

PLEASE NOTE: All Resolutions must be completed correctly or they will NOT be accepted. They must AUTHORIZE the bidder to BID ON BEHALF OF as well as SIGN ANY AND ALL DOCUMENTATION REQUIRED to pass transfer.

DISCLAIMER:
The information supplied in this advert does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers. Bidders must conduct their own investigations prior to bidding.