PROPERTY AUCTION 5 & 6 MARCH 2025

AUCTION CLOSED

2025-03-05 07:00

Auction Format: Timed Auction

Currency: ZAR

Auction Turnover: R 624 000

PROPERTY AUCTION 5 & 6 MARCH 2025

Presented by: Claremart Group

Contact No: +27 21 425 8822

Email: info@claremart.co.za

Location: Cape Town

Start: 2025-03-05 07:00

End: 2025-03-06 12:30

Tax Rate on Fees: 15,00%

Currency: ZAR

ONLINE IMMOVABLE PROPERTY AUCTION

in partnership with

OLD MUTUAL ALTERNATIVE INVESTMENTS

 

PAYMENT TERMS:

10% Deposit & 6% Auctioneers fee (Excluding VAT on fee); Payable on the fall of the hammer by means of  EFT only. Balance payable on transfer. 

 

DISCLAIMER:

The information supplied in this catalogue does not constitute a warranty of any kind or nature by the Sellers of the property or by the Auctioneers.  The information supplied herein cannot be regarded as a substitute for any inspections or warranties that prospective purchasers may wish to obtain prior to bidding at a sale by public auction in respect of a property or properties concerned and bidders must conduct their own investigations prior to bidding.

 

REGISTRATION TERMS:

NO NOMINATIONS WILL BE ACCEPTED!!

i.e. Your Bidders card will reflect the name in which the property will be registered.

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 not 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.

 

PLEASE NOTE:

  • The sale is subject to the necessary KYC/AML checks to be conducted.
  • The purchaser shall provide all documentation and other information required for the necessary checks to be performed.

Document Type Document Name Description Download Document
R 624K

Auction Value

17

Total Lots

3

Lots Sold

3

Bids