Industrial Vacant Land In Gansbaai

INSTRUCTED BY OVERSTRAND MUNICIPALITY

ONLINE AUCTION:
Bidding Start Time:  Wednesday 20 November 2024 @ 09:00
Bidding End Time:  Thursday 21 November 2024 @ 14:30
Registration is essential by Monday 18 November 2024.
For more information, please contact the listing agent.

DESCRIPTION:

• The current zoning is Industrial Zone 1:  General Industrial.  
• Access to the Property will be from Industry Circle. The purchaser will only use the existing roads/access, and no new additional roads/accesses will be created without the written approval of the Principal Technologist: Civil – Hermanus of the Overstrand Municipality.
• The applicable primary rights for Industrial Zone 1: General Industrial (see Annexure D) are as follows:
• Industry,
• Agricultural industry,
• Builder’s yard,
• Caretaker’s accommodation,
• Factory shop,
• Funeral parlour,
• Heavy vehicle service station,
• Industrial café (subject to the provision of Chapter 16.10)
• Transport use,
• Utility services; and
• Warehouse and workshop.

INFRASTRUCTURE:

• The existing water connection to the Property must be used to service the Property. The Property is un-serviced insofar electricity and the purchaser will be responsible for all costs pertaining to the establishment of an electricity connection. The upgrading/installation of the services for the purpose of the proposed development will be for the purchaser’s account.
• The purchaser must provide the Property with and adequate sewer conservancy tank(s) which must comply with the standards of the Overstrand Municipality.
• Bulk Infrastructure Contribution Levies are payable by the purchaser where there is an intensification of land use and a resultant increase in loading on the municipal engineering services. Bulk Contribution Levies will be charged according to the Overstrand Municipality’s Bulk Contribution Levy Policy and the prescribed tariffs as contained in Council’s budget. These tariffs are subject to annual adjustment. Levies will be payable prior to the submission of building plans (for sectional title units / commercial buildings), or rates clearance being issued (for free-standing properties).
• The purchaser will be responsible for the construction and provision of all municipal services to the proposed development, including all connection fees, services deposits, and investigation levies for municipal services.
• The purchaser must enter into a service level agreement with the Municipality before the commencement of any development on the Property.
• The purchaser will be held liable for services availability fees on the Property and rates and taxes as from date of registration of the transfer in the Deeds Office.

GENERAL CONDITIONS:

• The Property is sold as it stands, "voetstoots", and the Municipality shall not be responsible for any defects in the Property whether patent or latent. The Property is moreover sold subject to all conditions and servitudes mentioned or referred to in the current title deed of the Property and to all such other conditions and servitudes which may exist in regard to the Property, including from any subdivision conditions, whether imposed by the local authority or any other person or body whomsoever. The Municipality shall not be required to point out the boundary beacons of the Property and shall not be liable for any deficiency in the extent of the Property which may be revealed on any survey or re-survey and shall not benefit by any excess.
• The purchaser will be responsible for all costs related to the transaction and development. This includes, but is not limited to, the Section 14 advertisement as required by Section 14 of Local Government: Municipal Finance Management Act (Act 56 of 2003) and attorney fees.

ADDITIONAL INFORMATION:
There are excavations on a portion of the Property which will require filling. This will be for the cost of the purchaser. See photo marked Annexure E in the supporting documents pack.

DETAILS:

• Erf No:  1851, Gansbaai
• Erf Size:  4000m²

PAYMENT TERMS:
10% Deposit & the Auctioneer's Commission at the commission rate applicable in accordance with the table below (including VAT);  Payable on the fall of the hammer by means of EFT only. Balance payable on transfer.

COMMISSION STRUCTURE:
1.  Does not exceed R100,000.00 - 4.56% Commission Including VAT
2.  Exceeds R100,000.00 but does not exceed R200,000.00 - 4.56% Commission Including VAT
3.  Exceeds R200,000.00 but does not exceed R300,000.00 - 4.56% Commission Including VAT
4.  Exceeds R300,000.00 but does not exceed R600,000.00 - 4.56% Commission Including VAT
5.  Exceeds R600,000.00 but does not exceed R800,000.00 - 4.56% Commission Including VAT
6.  Exceeds R800,000.00 but does not exceed R1,000,000.00 - 3.99% Commission Including VAT
7.  Exceeds R1,000,000.00 but does not exceed R2,000,000.00 - 3.99% Commission Including VAT
8.  Exceeds R2,000,000.00 but does not exceed R4,000,000.00 - 3.31% Commission Including VAT
9.  Exceeds R4,000,000.00 but does not exceed R6,000,000.00 - 2.96% Commission Including VAT
10.  Exceeds R6,000,000.00 but does not exceed R8,000,000.00 - 2.96% Commission Including VAT
11.  Exceeds R8,000,000.00 but does not exceed R10,000,000.00 - 2.28% Commission Including VAT
12.  Exceeds R10,000,000.00 but does not exceed R15,000,000.00 - 2.28% Commission Including VAT
13.  Exceeds R15,000,000.00 but does not exceed R20,000,000.00 - 2.28% Commission Including VAT
14.  Exceeds R20,000,000.00 - 2.28% Commission Including VAT

REGISTRATION REQUIREMENTS:
To bid at the auction you need to provide a copy of your identity document and current proof of residence (not older than 3 months) as well as a R20,000 refundable registration fee.
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 (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.

CONTACT DETAILS:

Auctioneer: Claremart Group

Contact No: +27 21 425 8822

Email: [email protected]