ONCE IN A LIFETIME ONLINE AUCTION OF TWO PROPERTIES LOCATED IN WITBANK, ZA – 1 X LUXURIOUS 16-HECTARE SECURE WATERFRONT RESIDENTIAL ESTATE AND 1 X EXCEPTIONAL 24-HECTARE WATERFRONT RESORT INVESTMENT PROPERTY WITH PROVEN INCOME GENERATING POTENTIAL
REGISTRATIONS ARE OPEN EVEN IF AUCTION IS ONGOING
ALL LOTS TO BE SOLD SUBJECT TO CONFIRMATION TO HIGHEST BIDDER
ALL REQUIRED DOCUMENTS FOR THIS AUCTION CAN BE FOUND ON OUR BIDDING PLATFORM OR ON OUR WEBSITE (AT THE BOTTOM OF THIS PAGE)
ALL LOTS ARE LOCATED IN EMALAHLENI, SOUTH AFRICA
WHATSAPP LINES:
WITHIN SOUTH AFRICA:
(+27) 66 274 9808
INTERNATIONAL:
(+507) 6889-8047
REGISTRATION DEPOSITS AND CURRENCY PAYMENTS
ACCEPTED CURRENCY: ZAR OR USD
REGISTRATION DEPOSIT OF R20000 OR $2000 REQUIRED
ALL DUE DILIGENCE (FICA) DOCUMENTS MUST BE SUBMITTED ALONG WITH REGISTRATION FORM AND PROOF OF DEPOSIT PAYMENT TO panabidafrica@outlook.com
BUYER’S PREMIUM
7% BUYER’S PREMIUM CHARGED ON ALL LOTS SOLD
SALES TAX AND OTHER EXPENSES
TAKE NOTE THAT VALUE ADDED TAX (VAT) IS CHARGED ON THE 7% BUYER’S PREMIUM AND ON THE PURCHASE/SELLING PRICE OF AN ASSET
15% VALUE ADDED TAX (VAT) ON SOLD PRICE (HAMMER PRICE/PURCHASED PRICE)
15% VALUE ADDED TAX (VAT) ON 7% BUYER’S PREMIUM
R2500 (OR $250) CHARGE ONLY ON LOTS WITH NATIS DOCUMENTS (IF APPLICABLE)
VIEWING
DURING NORMAL WORKING HOURS
MONDAY TO FRIDAY BETWEEN 08:00 TO 16:00 (SAST)
VIEWING CONTACT INFORMATION
ANRIE LLOYD: (+27) 72 255 0080 (CALLS OR WHATSAPP)
PANABID AFRICA OFFICE: (+27) 66 274 9808 (CALLS OR WHATSAPP)
EMAIL: panabidafrica@outlook.com
ASSET TRANSFER
ASSISTANCE WILL BE PROVIDED WITH ALL PAPERWORK REQUIRED
10% OF THE PURCHASE PRICE WILL BE REQUIRED FROM SUCCESSFUL BIDDERS TO COMMENCE THE TITLE DEED TRANSFER PROCESS
THE OUTSTANDING BALANCE (90% OF THE PURCHASE PRICE) WILL BE SETTLED UPON FINAL SIGNATURE OF THE TITLE DEED
ALL REVOCABLE BANK GUARANTEES MUST BE SUBMITTED IN FAVOR OF THE SELLER
INVOICING AND PAYMENTS
ALL INVOICING WILL BE DONE ON CONFIRMATION OF ASSETS
INVOICES WILL BE SENT VIA EMAIL TO SUCCESSFUL BUYERS
ALL PAYMENTS CAN ONLY BE MADE VIA WIRED/ELECTRONIC BANK TRANSFERS
EXCHANGE RATE AS ON DATE OF INVOICE ISSUED FOR BUYERS PAYING IN USD
RELEASE OF ASSETS
ASSETS WILL ONLY BE RELEASED TO BUYERS ONCE FULL PAYMENT REFLECTS IN THE NOMINATED BANK ACCOUNT OF PANABID AFRICA (PTY) LTD (ZAR) OR PANABID S.A. (USD)