Richards Bay Property For Sale By Public Auction: Single-Storey Home on a 450m² Erf in Esikhawini J, Richards Bay

Richards Bay Property Auction In KwaZulu Natal

The Location

1564 Mthombothi Street, Esikhawini J, Richards Bay, KwaZulu-Natal

The Property

Peter Maskell Auctioneers is selling an established home in Esikhawini J, part of the greater Richards Bay and uMhlathuze area.

The erf is roughly 450m². On it is a single-storey house with an attached garage, and the yard is fully enclosed.

It's a practical, affordable home in an easy-to-reach area. That makes it a fit for first-time buyers and owner-occupiers, as well as investors looking for a rental. It does need maintenance and some refurbishment, so a buyer can improve it to suit their own needs.

Viewing is strictly by appointment only.

This is an estate late 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.

Purchaser's Liabilities

• VAT or Transfer Duty shall be applicable.
• 10% deposit on the purchase price payable on fall of hammer by the successful bidder.
• 7% + VAT buyer's premium payable by the highest bidder on the date of the auction (this is payable over and above the purchase price).
• The purchaser shall at his own cost obtain all compliance certificates (as applicable) and any further or additional documentation for effective registration of transfer or occupation of the property.
• The Seller in no way gives warranty that the Purchaser shall obtain vacant occupation on the date of occupation.

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