Online Auction - Closed - Awaiting Outcome

48 Lakeview Flats, 20 5th Avenue - MR133508

Sectional Title in Florida, Johannesburg - West, Gauteng

R 300,000 Price Reduced

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48 Lakeview Flats, 20 5th Avenue - MR133508
Sectional Title in Florida, Johannesburg - West, Gauteng
R 300,000
Standard Bank Insolvent 2 Bedroom Sectional Title for Sale on online auction in Florida - MR133508
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Front View
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Front View of property in Florida
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Front View of property in Florida
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Front View of property in Florida
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Front View of property in Florida
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Front View of property in Florida

Key Features

Rooms

  • 2 Bedrooms
  • 1 Bathrooms
  • 2 Living Rooms

Services

  • Rates and Taxes R122376

Kitchen

  • Kitchen 1 Kitchen

More Features

  • Property Type - Sectional Title
  • Seller Type - Standard Bank Insolvent
  • Floor Area - 88m2
  • Erf Size - 88m2
  • Price per square floor meter - R3,409 per m2
  • Price per square erf meter - R3,409 per m2

MyRoof Stats

  • 5935 Views
PID=133508 DID=123734 SID=15

Location

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Bank Insolvent

General information on buying this type of Bank Insolvent property:

  • The offer, once signed by the Purchaser, will be open for acceptance by the Seller for a period of 30 days. Should the Seller elect not to accept the offer, the Purchaser shall have no claim against the Seller or MyRoof for failure of such acceptance.
  • If accepted, the offer is subject to approval of the sale by the Court of the Master of the High Court within 60 days of the Seller accepting the offer (or such extended date as parties may agree to).
  • A 10% deposit of the purchase price is payable by the Purchaser within 3 days of the offer being accepted by the Seller.
  • Transfer duty and legal conveyancing costs are payable by the Purchaser.
  • Should the Seller be a VAT vendor, then the purchase price will be exclusive of VAT and shall be for the account of the Purchaser. Either transfer duty or VAT will be payable (not both), depending on the circumstances
  • The property is sold voetstoots (meaning "as is").
  • Occupation will be given on date of transfer, unless otherwise agreed. The Seller does not warrant that the Purchaser will be able to obtain vacant occupation of the property. The property is sold subject to existing tenancies.
  • Where the property is guarded, an appointment must be made with the specific security company prior to viewing the property.
  • The Purchaser shall be liable to obtain all compliance certificates in respect of the property (e.g. electrical compliance certificate).

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Notes by Standard Bank

This is a Standard Bank Mandated Property. If you are interested in this property, use our online Make An Offer process. Standard Bank only accepts offers made in this manner. Email any queries to StandardBank@myroof.co.za.

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The steps involved in buying this property is similar to that of buying any other property. All offers are made Online on MyRoof.co.za. Once your Online Offer has been accepted, Standard Bank will require you to complete and sign the Offer to Purchase and fax it to 086 517 0269. You need to send us certified copies of your ID book as well as proof of residential address (water and electricity bill). If you require finance for this property, you can apply at any bank for a bond, as you would do on any other property. You need to take the signed Offer to Purchase to them with the application documentation. Read Standard Bank frequently asked questions for more info about Standard Bank Insolvent Property

Standard Bank Disclaimer
This list is produced by the Standard Bank of South Africa Ltd ("the Bank") for information purposes only. All properties are sold "voetstoots" (meaning as is), and prospective purchasers' are advised that the Bank does not guarantee vacant occupation of the properties being sold, and purchasers will have to obtain vacant occupation at their own cost. You are advised to consult the relevant Deeds Registry Office for accurate information pertaining to a particular property, such as size, endorsements, servitudes etc. By making an offer on any property advertised on MyRoof.co.za, online, or using any other medium you warrant that you understand that making an offer is not a bidding process and Standard Bank, in its sole and unbiased discretion, and for whatever reason retains the right to accept or reject any offer at any time for whatever reason and is not obliged to accept the highest offer. All users of the information on this website do so at their own risk. Neither the Bank nor MyRoof.co.za will be liable for any losses of whatsoever nature incurred, as a direct or indirect result of the use of the information on this list.

Erf Details: 20 5th Avenue - ERF 755

Notes about this property by MyRoof

This sectional title is for sale in Florida. This is a Standard Bank Insolvent Property .

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Florida has the following point of interest, these include OR Tambo Airport (36.3km), Clearwater Mall (7.4km), Cresta (10.2km), Westgate Mall (8km), Nasrec Rd. (12.7km), Sandton City (18.2km), Johannesburg CBD (16.3km), Monte Casino (23.6km) and Gallagher Estate (34km)

This single storey sectional title floor area was measured at 88m2 and erf size was measured at 88m2.
This sectional title has monthly rates or ground taxes payable to the amount of R 122,376.

If you make an online offer using the Make An Offer button MyRoof will let you know if your offer was successful with the bank. To make an offer takes less than a minute.

Many people invest in Mandated or distressed property because these properties are competitively priced and offer excellent value for money.

Do you want to sell property in Florida? Via MyRoof, you can sell house in a few easy steps, with professional help, every step of the Sell My House way. We've achieved 143 private property sales in Florida. Because of our superior offering, there is a high demand from people to sell property in Florida. To market your house online for free, click on the "Sell My Property" tab at the top of the page or the "Sell House" button on the right of this page.


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