Elevated 1476 m2, serviced development site with 3metre direct access point to the beach and the picturesque “Coppins Cove”. Walk less than 100m through indigenous coastal flora to the water’s edge, tidal pools, and popular fishing spots. The site is zoned for 2 units at present, with a strong possibility of increasing the density by 100 %, per the Hibiscus Coast Town Planning Dept.
Current Municipal Valuation is R 1million with annual rates of R 19870.20.
On instructions from the principals concerned, public auction to take place at “The Blue Waters Hotel, 175 Snell Parade , Durban on Saturday the 21st of June 2014, @ 11h00 (Registration from 10h00)
VIEWING: by appointment
Registration Deposit: R10 000 (BANK GUARANTEED CHEQUE) OR EFT made payable to Dales Bros Estate Agents (Pty) Ltd – Trust Account.
Deposit: 10% bank guaranteed deposit cheque or EFT, payable on the fall of the hammer.
Auctioneer’s fees A commission of 7% (Plus VAT) is payable by the purchaser on the fall of the hammer/confirmation.
CPA regulation: The property will be sold without duty to repair, excluding any movables.
Confirmation period: The property will be sold subject to a 7 day confirmation period.
IDENTITY DOCUMENTS AND PROOF OF RESIDENCE REQUIRED AT AUCTION
DRIVING LICENCES NOT ACCEPTED
PLEASE ENSURE YOUR FINANCES ARE IN ORDER PRIOR TO AUCTION
A 3% LEVY WILL BE CHARGED ON ALL CREDIT CARD TRANSACTIONS AND 2% FOR CASH DEPOSITS. SECURE EFT PAYMENT FACILITIES ARE AVAILABLE AT THE SALEROOM.
Dales Bros will accept strong pre-auction offers for the seller’s consideration.
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