42 section 53 SS Dolfyn, 1 Boekenhout Street - MR380515

Sectional Title in Algoa Park, ECape - PE - North, Eastern Cape

Up to R 400,000

FNB Property

Property to be sold on sheriff auction "as is"

Auction Date: 22 May 2020 at 12:00

2
1
1
1.64ha
42 section 53 SS Dolfyn, 1 Boekenhout Street - MR380515
Sectional Title in Algoa Park, ECape - PE - North, Eastern Cape
Up to R 400,000
FNB SIE Sale In Execution 2 Bedroom Sectional Title for Sale in Algoa Park - MR380515
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Front View
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Front View of property in Algoa Park
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Front View of property in Algoa Park
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Kitchen of property in Algoa Park
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Kitchen of property in Algoa Park
2
1
1
1.64ha

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Key Features

Rooms

  • 2 Bedrooms
  • 1 Bathrooms

Parking

  • 1 Garage

Lounges

  • Lounge

Services

  • Levy R44932
  • Rates and Taxes R12666

Kitchen

  • Kitchen

More Features

  • Property Type - Sectional Title
  • Seller Type - FNB SIE Sale In Execution
  • Floor Area - 1.64ha

MyRoof Stats

  • 822 Views
PID=380515 DID=405350 SID=88

Location

Please note that while we do our best to ensure that every property’s floor plan and location is correctly mapped, we cannot guarantee accuracy.
Please Contact Us should you have any queries.

Sheriff Auction

Conditions of sale at a sheriff auction:
A sale agreement is signed by the sheriff and the buyer. The buyer's responsibilities include:

  • Paying a deposit of 10% of the purchase price in cash or a bank guaranteed cheque, immediately on buying.
  • Paying commission on date of purchase by the buyer.
  • Guarantees for the balance of the purchase price, together with interest within 14 or 30 days
  • The buyer is responsible for the payment of any outstanding levies, water and electricity, rates and taxes.
  • The buyer is responsible for occupation of the property

A sale in execution is a public auction held by a Sheriff of the Court. This means a court order has been obtained by us to attach and sell the property to recover the money that has not been repaid on a home loan. We cannot accept or decline offers on these properties as we are not the legal owners. These properties are advertised in the Government Gazette as well as in any two local newspapers distributed in the area in which the property is situated. We also market these properties to estate agents and the public.

Costs involved:
  • The Sheriff's commission is based on the purchase price and is calculated as follows
    • 6% on the first R30 000 plus VAT
    • 3,5% on the balance of the price
  • The minimum commission payable is R440 plus VAT and the maximum R8 750 plus VAT.

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Notes about this property by MyRoof

This sectional title is for sale in Algoa Park. This is a FNB SIE Sale In Execution Property .

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This single storey sectional title floor area was measured at 1.64ha.
This sectional title has monthly rates or ground taxes payable to the amount of R 12,666 and a monthly levy of R 44,932.

To buy this property you need to be present at the Sheriff auction as indicated when clicking the "Contact Details" button.

Many people buy bank private properties because they are priced right and offer great value for money.

Looking to sell your property in Algoa Park? 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 15 private property sales in Algoa Park. Because of our superior offering, there is a high demand from people to sell property in Algoa Park. 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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