Residential Property To Let
11 Willow Drive, Fort Gale, Mthatha
r1 250 000
Three (3) bedroom house
| 1240 sqm
FORT GALE
| Erf 2404, Umtata, Ext 8
Charming three (3) bedroom house with outbuilding. Close to educational facilities and short distance form the town centre.
3 Bed
2 Bathroom
1 Garage
Lounge | Dining Room | Kitchen | Outbuilding
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Sold without vacant occupation.
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Access to the property is limited as such ECDC cannot be held liable for access throughout the transfer process. Cancellations due to inability to gain access by relevant bank valuators and municipal officials required for municipal clearance certificates to be issued will hold ECDC harmless. Buyer to assist where possible.
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Full due diligence would need to be conducted by the buyer before signing the offer process, in full knowledge of the impediments.
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Costs of gaining vacant occupation after/during the sale process will be strictly be for buyers account
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All standard transfer costs (conveyancing, transfer duty, FICA, etc) will be borne by the buyer
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Commission on sale will be for buyers account.
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Seller to settle all outstanding municipal bills in full, unless sale to existing occupant in which case utilities to be settled by the tenant/buyer.
If interested, please contact our sales team associates.
• R 25,000.00 refundable registration deposit. Strictly by EFT. No cash.
FICA Documents are required
• Highest bidder to pay 10% Deposit immediately on the day of the auction.
• Highest bidder to pay 5.5% Auctioneer’s Commission over and above bid
price Plus 15% Vat immediately on the day of the auction.
• Transfer Duty Payable on all sales
• Confirmation period - 04 March 2025
• 45 Day Guarantee Period
• NO OPTION TO APPLY FOR FINANCE ON THE HOUSES PURCHASED. ONLY
CASH BUYERS. The buyer has 45 Days to secure the balance of the purchase
price which will be payable via EFT to the Seller’s Attorneys
• NO ACCESS IS PROVIDED TO THE PROPERTIES AS THE PROPERTIES
ARE TENANTED BY OCCUPANTS NOT AUTHORIZED BY THE SELLER. The
information pertaining to the properties has been obtained from Valuation
reports provided by the Seller. We are unable to confirm the accuracy in
respect of the accommodation details as certain assumptions were made by
the Valuer based on similar properties in the area.
• It is solely the responsibility of the Purchaser to conduct his own Due
Diligence in respect of the current occupants. All responsibility to remove
and/or evict the tenants will be solely for the PURCHASER’S Account.
• Neither the SELLER nor the AUCTIONEER guarantee any vacant occupation.
• Possession on Registration of Transfer
• Electrical & Entomologist Compliance Certificates (if applicable), will be for
the PURCHASER’S account. The PURCHASER waives his rights to obtain
these certificates prior to date of transfer and hereby indemnifies the
SELLER, the AUCTIONEER and the Conveyancers in respect of any claims he/
she might have against any of them as a result of non-compliance of such
certificate being issued prior to date of transfer or any time thereafter.
• There are no building plans or occupation certificates for the properties. Any
costs pertaining to obtaining, passing and approval of the building plans will
be solely for the PURCHASER’S account.
• The PROPERTIES are sold voetstoots.
• Neither the SELLER nor IN2ASSETS will be liable for any misrepresentation or
discrepancies with the information provided.
• Buyers who have previously purchased and defaulted and currently in breach
of any contract shall be prohibited to register or participate at this auction.
• Any Buyer either in his/her personal capacity or in his/her capacity as
Director/Trustee/ Shareholder or Member of a Legal Entity who are
indebted to the Seller shall be compelled to settle all such outstanding debt
to the Seller prior to date of registration of transfer of any property acquired
at this auction.
• The Seller/Auctioneer reserves their rights to prohibit any Buyer from
participating at this auction at their sole discretion.