Property For Sale: Illegal Occupation - Mandela Park, Khayelitsha

OPENING BIDS TO BE ADJUSTED ONE DAY PRIOR TO AUCTION.

Deceased Estate Mthuthuzeli Michael Maleki (Master ref no:  002336/2022)

Deceased Estate Elizabeth Ntombekaya Maliti - Maleki (Master ref no.  002454/2022)

ONLINE AUCTION

Bidding Start Time: Wednesday 30 October 2024 @ 09:00

Bidding End Time: Thursday 31 October 2024 @ 14:30

Registration is essential by Monday 28 October 2024.

Pre-Auction Offers may be considered.  Auction Finance Available.

For more information, please contact the listing agent.

DESCRIPTION:

This property is in Mandela Park, a vibrant and growing township in Khayelitsha, Cape Town. The area offers a mix of residential and commercial properties, with a strong sense of community.

Proximity to Amenities: Mandela Park is well-connected to various amenities, including schools, clinics, shopping centres, and public transportation.

PROPERTY STATUS:

• The property at Mandela Park is currently ILLEGALLY OCCUPIED. As a result, IMMEDIATE OCCUPANCY IS NOT GUARANTEED.
• The property is being sold in its current condition, including the existing illegal occupants.
• No Viewings Allowed: Due to the illegal occupation, viewings are not possible at this time.

ILLEGALLY OCCUPIED:

The purchaser acknowledges that this property is Illegally Occupied. Vacant occupation on registration of transfer is not guaranteed by the seller and it will be the buyer’s responsibility to get the illegal occupants out at their own cost.

DETAILS:

• Erf no:  22325, Khayelitsha
• Erf size:  113m²
• Rates:  TBC
• Zoning:  Single Residential 2

Web Ref:  729058

Transfer Duty Applicable

Payment Terms:

2.5% Deposit & 10% Auctioneers Fee (excl. VAT on fee), payable on the fall of the hammer by means of EFT only.  Balance payable on Transfer.

Lisa Mkampule | 063 560 1375 | 021 425 8822 | [email protected]

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: [email protected]