The High St Auction Co
Multi Property Auctions
Rules of Auction
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Juristic Entity Name
Married out of community of property
Married in community of property
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If a Company or Close Corporation
Annual turnover is
Less than R2,000,000
Asset value is
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22 August 2017,Summer Place, 69 Melville Road, Hyde Park
24 August 2017,63 Louis Botha Street, Sasolburg
29 August 2017,168 Eloff Street, cnr Bitcon Road, Village Deep
19 September 2017,Summer Place, 69 Melville Road, Hyde Park
11 October 2017,Summer Place, 69 Melville Road, Hyde Park
1 November 2017,Summer Place, 69 Melville Road, Hyde Park
23 November 2017,Summer Place, 69 Melville Road, Hyde Park
107708 - Name: Modern Office Block in Park Like Estate Suburb: Woodmead
107616 - Name: Large Plot with Spanish Style Home Suburb: Mogale City
107705 - Name: 2 Bed Unit - Caribbean Beach Club Suburb: Kosmos Ext 2
107618 - Name: Retail / Residential Block Suburb: Jeppestown
107801 - Name: Zonnekus Holiday Resort Suburb: Morningstar
107614 - Name: 21.85 ha Development Land - Rynfield Suburb: Rynfield
107315 - Name: Prime Development Land - Sandton Suburb: Sandown
107707 - Name: Prime Opportunity for Owner Occupiers / Investors Suburb: Woodmead
107605 - Name: Fully let Business Property Suburb: Jeppestown
107609 - Name: Maboneng Redevelopment Opportunity Suburb: Jeppestown
107701 - Name: Workshop / Warehouse / Factory Suburb: Spartan
M0102 - Name: 3 Bed Family Home - Sasolburg Suburb: Sasolburg
107504 - Name: Mixed Use Industrial Facility Suburb: New Centre
107611 - Name: Rare Redevelopment Opportunity - Bantry Bay Suburb: Bantry Bay
107428 - Name: Prime Development Land in Sandton Suburb: Sandton
103304 - Name: Retail / Warehouse Suburb: Alberton North
107407 - Name: Neat Industrial Facility Suburb: Spartan
104426 - Name: A+ Grade Tenanted Office Block - Silverlakes Suburb: Silverlakes
107612 - Name: 23 Sectional Title Units - Homestead Village Suburb: Homestead Park
107606 - Name: Residential Development Land Suburb: Spruitview
107706 - Name: Silver Lakes Home / Guest House Potential Suburb: Silver Lakes Golf Estate
101324 - Name: 20 000m² Industrial Hub Suburb: Wemmer
107607 - Name: Retail Property - Nelspruit CBD Suburb: Nelspruit
105702 - Name: Sale By Tender Suburb: King William's Town
M0101 - Name: Liquidation - Offices & Warehouse Suburb: Village Deep
107604 - Name: Commercial Property in Kempton Park Suburb: Kempton Park
104212 - Name: Vacant Industrial Stand - Meadowdale Suburb: Meadowdale
107610 - Name: 4 Bedroom Family Home in Essexwold Suburb: Essexwold
107709 - Name: "A" Grade Sandton Office Block in Secure Estate Suburb: Eastgate Ext 17
107602 - Name: Guest House on West Coast Suburb: Melkbosstrand
107603 - Name: 20 Apartments - Hyde Court, Killarney Suburb: Killarney
107601 - Name: Polokwane Guest House - 61 on Ireland Suburb: Polokwane
107702 - Name: Premium Auto-Repair Workshop Suburb: Spartan
107703 - Name: 10 Modern Residential Units Suburb: Lambton Gardens
M0006 - Name: 2 Bedroom Townhouse Suburb: Wierda Glen
M0020 - Name: 3 Bed Family Home - Urgent Sale Suburb: Discovery
107613 - Name: 4 Bedroom Family Home in Northcliff Suburb: Northcliff
105007 - Name: Vulcania - Industrial Stand Suburb: Brakpan
107510 - Name: Millionaire's Bend Mansion Suburb: Parys
105708 - Name: Sale By Tender Suburb: Marshalltown
107617 - Name: Immaculate Showroom & Workshop Suburb: Pretoria North
107608 - Name: 4 Bedroom Family Home - Fairmount Suburb: Fairmount
107615 - Name: Mixed Use Development Stand Suburb: Springs
How will you be paying your registration deposit? (A registration fee is applicable. Please see the relevant property investor pack to find out what the registration fee is.)
In the event that a cash deposit is made, the Depositor will be liable for the bank charges relating to that transaction.
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Kindly use your name and surname as a reference when making deposits into our account.
Branch: Melrose Arch 254405
Acc No: 62286710770
Name: The High Street Auction Company (Pty) Ltd
Please bring the following to the auction:
1. Proof of payment
2. Copy of ID
3. Proof of residence
4. Letter of authority to sign on behalf of a juristic authority
Bidding Terms & Conditions
1.Acknowledges and understands that he/she shall not be entitled to bid until such time as the Auctioneer's registration fee has been paid or secured to the Auctioneer's satisfaction, this registration fee is refundable should he/she not be the highest bidder. The signatory further acknowledges that in the event that the signatory is the successful bidder, the registration fee will be allocated against the signatory's payment obligations in terms of the Offer to Purchase to be executed by the Signatory pursuant to the auction.
2.Acknowledges himself/herself to have read, understood and be bound by the Auctioneer's terms and conditions of auction; and has complied with FICA requirements i.e. brought a copy of his/her ID book, proof of residence and letter of authority to sign on behalf of a juristic entity.
3.Acknowledges and understands that, in respect of lots subject to a reserve, should his/her bid be knocked down as the highest bid in respect of any lot bid upon, such bid shall constitute an irrevocable offer to purchase the relevant lot at such price, which offer shall remain open for acceptance by the seller of the lot for a period of 5 business days.
4.Acknowledges and understands that, in respect of lots not subject to a reserve, should his/her bid be knocked down as the highest bid in respect of any lot bid upon, then such lot shall be deemed to have been sold to the bidder at such bid.
5.Acknowledges and understands that any sale of immovable property by way of public auction shall be binding on the bidder, and does not need to be recorded in a written agreement, in accordance with the provisions of Section 3(1) of the Alienation of Land Act 68 of 1981.
6.Acknowledges and understands, notwithstanding the contents of paragraph 4 above, that should his/her bid be the highest bid on any lot, he/she will then be obligated to sign the Auctioneer's standard agreement of sale by public auction, which agreement the bidder acknowledges to have acquainted himself/herself therewith.
7.Acknowledges that, should his/her bid be knocked down as the highest bid in respect of any lot bid upon, a buyer`s premium of 10% plus VAT shall be payable over and above the bid price, unless otherwise stated.
8.Warrants, in the event that he/she is bidding on behalf of another person/company/close corporation or trust, that he/she has all necessary authority to do so and to bind such party to any consequent sale, and will produce written proof of such authority upon request.
9.Acknowledges that in the event of allowing the paddle allocated to the bidder to be used by any other bidder whether registered or not, shall remain liable for performance.
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