Kloof Property Auction In Durban, KwaZulu Natal
Location
Portion 2 of Erf 240 Kloof Extension 4, Registration Division FT
67 Quentin Smythe Road, Kloof, 3610
The Property
Peter Maskell Auctioneers has been instructed in the matter of Zwane and Timane Builders CC (In Liquidation) to sell a large residential property in Kloof, one of the established suburbs of KwaZulu-Natal's Upper Highway area.
The house sits on a 1,991m² erf. It's a split-level home with five bedrooms, several living and entertainment areas, raised verandas, a swimming pool and double garaging. From its raised position it looks out across the valley.
The layout suits an extended family, with living space that opens onto outdoor entertainment areas.
Principal Features
- Five bedrooms
- Large living and reception areas
- Several entertainment and relaxation spaces
- Raised balconies and covered verandas
- Views across the surrounding valley
- Swimming pool
- Established outdoor entertainment area
- Double garage
- Large paved courtyard and parking area
- 1,991m² residential stand
Location and Access
Kloof is a leafy Upper Highway suburb known for bigger properties. The house is within reach of Kloof's shops, schools, medical services and commercial centres, with road links to Hillcrest, Pinetown and Durban.
Refurbishment Opportunity
There's a lot of house here, but maintenance has been deferred and parts of it need work. Prospective buyers should inspect the property thoroughly and do their own investigations into its condition, the repairs required and whether it suits their intended use.
Conditions of Sale
- Refundable auction registration deposit: R50,000, payable by EFT
- Purchase deposit: 10% of the purchase price
- Purchaser's premium: 5% plus VAT, payable over and above the purchase price
- FICA documentation required
- Sale subject to confirmation and the applicable Conditions of Sale
- Property sold voetstoots
- Vacant occupation is not warranted
- Additional terms and conditions apply
Viewing is strictly by appointment only.
This is a liquidation auction and the property is being sold as-is, without any warranties. It is the bidder's responsibility to conduct any necessary inspections and assessments. Professional expertise may be required to assess the property's condition, including potential defects or non-compliance with municipal regulations.
Viewing is strictly by appointment ONLY.
Auction Participation
Bidders will attend the auction at Riverside Hotel Durban, 10 Kenneth Kaunda Road (Northway), Durban North, Durban.
For more info contact Danielle 033-397-1190 or email reception@maskell.co.za
