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Terms & Conditions R 50 000 refundable deposit (strictly bank guaranteed cheque or cash transfer only). Bidders must provide original proof of identity and
residence on registration. No cash will be accepted at the auction. No exceptions. All bids are exclusive of commission + VAT. Ian Wyles
Auctioneers may bid up to reserve on behalf of the sellers. Subject to change without notification.
Auctioneer: Ian Wyles
BEACHFRONT UNIT
UNIT 16, LA MER
103 MARINE DRIVE, MARGATE
HIBISCUS COAST, KZN
SATURDAY, 19 JANUARY @ 11:00 AM
ON SITE: 103 MARINE DRIVE, MARGATE
Andrew Giddy: 082 601 9278 | 031 – 579 4403
Viewing by Appointment only
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Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither IAN WYLES AUCTIONEERS Ltd nor the Seller/s guarantee the correctness of the information, provided herein and neither will be held liable for any direct or indirect damages or loss, of whatsoever nature, suffered by any person as a result of errors or omissions in the information provided, whether due to negligence or other wise of IAN WYLES AUCTIONEERS or the Sellers or any other person
Property Summary
Locality Maps
Pictures
Additional Information
Auction Information
Deposit 5% of bid price payable by The Purchaser on the fall of the hammer
Commission 10% plus VAT thereon of the bid price payable by the Purchaser on
the fall of the hammer
Terms and Conditions
If you are the successful bidder, the following is applicable:
30 Day Guarantee Period from confirmation of sale by the Seller
Possession & occupation of property on registration
Electrical (including electric fencing), woodborer and gas compliance for the
Purchaser’s account, if applicable
Banking Details Ian Wyles Auctioneers
Mercantile Bank
Durban Branch: 450126
Account Number: 1050653718
Reference: Use Name and Property Address
CONTENTS UNIT 16, LA MER, MARGATE
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Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither IAN WYLES AUCTIONEERS Ltd nor the Seller/s guarantee the correctness of the information, provided herein and neither will be held liable for any direct or indirect damages or loss, of whatsoever nature, suffered by any person as a result of errors or omissions in the information provided, whether due to negligence or other wise of IAN WYLES AUCTIONEERS or the Sellers or any other person
General
Property Address 103 Marine Drive, Margate, Hibiscus Coast, Kwazulu Natal
Title Deed Information
Title Deed Number T41567/2007
Title Deed Description Sect 16 of Plan 18/2007, Known as La Mer, Situated at Erf
3228, Margate, Hibiscus Coast, Kwazulu Natal
Unit Size 137 m²
Municipal Value R 1 604 000.00
Locality
This subject property is set in LA MER, one of the most sought-after complexes in Margate, on
the South Coast.
This unit is situated on the second floor within walking distance to Margate Main Beach,
Restaurants and local shopping centres.
Condition
The property is in good condition. Please note that we have not undertaken a structural
survey nor have we arranged for tests of inspections of the service installations.
INFORMATION UNIT 16, LA MER, MARGATE
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Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither IAN WYLES AUCTIONEERS Ltd nor the Seller/s guarantee the correctness of the information, provided herein and neither will be held liable for any direct or indirect damages or loss, of whatsoever nature, suffered by any person as a result of errors or omissions in the information provided, whether due to negligence or other wise of IAN WYLES AUCTIONEERS or the Sellers or any other person
Property Description
Beachfront Unit with Sea Views comprising;
Open Plan Kitchen, Lounge/ Dining Area
3 Bedrooms (MES)
1 Bathroom
Balcony
1 Covered Parking
Communal Pool
180 Degrees Sea Views
Expenses
Monthly Levies : R 2 900.00 (Estimated)
Monthly Rates : R 1 800.00 (Estimated)
Value Added TAX
Seller is not a VAT vendor. Transfer duty applies.
Lease/ Occupancy
The Property is Vacant.
INFORMATION UNIT 16, LA MER, MARGATE
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Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither IAN WYLES AUCTIONEERS Ltd nor the Seller/s guarantee the correctness of the information, provided herein and neither will be held liable for any direct or indirect damages or loss, of whatsoever nature, suffered by any person as a result of errors or omissions in the information provided, whether due to negligence or other wise of IAN WYLES AUCTIONEERS or the Sellers or any other person
IMAGES UNIT 16, LA MER, MARGATE
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Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither IAN WYLES AUCTIONEERS Ltd nor the Seller/s guarantee the correctness of the information, provided herein and neither will be held liable for any direct or indirect damages or loss, of whatsoever nature, suffered by any person as a result of errors or omissions in the information provided, whether due to negligence or other wise of IAN WYLES AUCTIONEERS or the Sellers or any other person
IMAGES UNIT 16, LA MER, MARGATE
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Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither IAN WYLES AUCTIONEERS Ltd nor the Seller/s guarantee the correctness of the information, provided herein and neither will be held liable for any direct or indirect damages or loss, of whatsoever nature, suffered by any person as a result of errors or omissions in the information provided, whether due to negligence or other wise of IAN WYLES AUCTIONEERS or the Sellers or any other person
IMAGES UNIT 16, LA MER, MARGATE
AERIAL VIEW UNIT 16, LA MER, MARGATE
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Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither IAN WYLES AUCTIONEERS Ltd nor the Seller/s guarantee the correctness of the information, provided herein and neither will be held liable for any direct or indirect damages or loss, of whatsoever nature, suffered by any person as a result of errors or omissions in the information provided, whether due to negligence or other wise of IAN WYLES AUCTIONEERS or the Sellers or any other person
AERIAL VIEW UNIT 16, LA MER, MARGATE