Lot

8

24A Alphine Crescent, Fernwood, Somerset West

Bidding Closed

SOLD FOR

R4 560 000

Property Enquiries

MC Du Toit

mc.dutoit@bidx1.com
+27 (0)82 563 3275

Viewing Registration / Enquiries

BidX1 Support Team

info@za.bidx1.com
+27 (0) 21 140 3541

Description

Map

Viewings


Property Summary
  • This sale will be SUBJECT TO CONFIRMATION by the LIQUIDATOR
  • Duly instructed in the Matter of Rocacube (Pty) Ltd (In Liquidation) - Masters Ref Number: C137/2019
  • Development land with some structures already built
  • Approximately 9 964 sq. m
Location
  • Perfectly located on Old Sir Lowreys Road and close to the N2
  • Fernwood is a new developing area with top class private schools and shopping centres
  • Close to Vergelegen Private Hospital
  • Approximately 20 km from Stellenbosch
Description
  • 9 964 sq.m of Development Land
  • Some structures already built (Incomplete)
  • Only two sections, Unit 9 and 10, has been registered under sectional title SS Pine Mews (135/2017)
  • The Partially constructed units consist of Double Storey 3 Bedroom units
  • Construction of these units is poor
  • Cracks are starting to apear on the buildings
  • Inspections might not have been done on these properties by the local building inspector
  • Please note: All legal documents can be viewed by clicking on the ‘Legals’ tab above, in order for you to carry out due diligence in relation to the property. By doing so, this will also then ensure that you are continuously updated regarding any pricing changes on the property before the auction.
  • This sale will be Subject to Confirmation by the Liquidator
  • No Buyers Commission will apply

 

Zoning

Zoned as General Business 4

VAT
Please refer to Legal Documents

Important Notice

The guide price must be seen as guides only and does not reflect the opening bid or reserve.

No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.