Timed Online Insolvency Auction of 2 Bachelor Flats in Pietermaritzburg CBD and a ±816m² Development Stand in Edendale, Pietermaritzburg - OBO the Trustees of the Insolvent estate Ngwenya Family Trust, Master’s Ref. No. N000233/2023 - * Section no. 8 Tshiamo Court, 533 Pietermaritz Street, Pietermaritzburg CBD: The property is a sectional title complex located within a small block of flats with a commercial unit on the lower level and 17 flats on the upper level. * Section no. 25 Donleo, 365 Chief Albert Luthuli Street, Outer PMB CBD: The property is a residential sectional title unit located within a small block of flats known as Donleo situated in close proximity to the University of Natal and other tertiary institutions and amenities. * 2275 FJ Sithole Street, Edendale, Pietermaritzburg, KwaZulu-Natal: The property is a corner site vacant stand which is rectangular in shape with a level aspect. The property is located across the road from Durban University of Technology Indumiso Campus. Viewing: Strictly by appointment Contact: Danielle Hoskins (Candidate Property Practitioner) on 082 801 6827 / 033 397 1190 Terms: • R50000 buyer's card deposit payable by EFT • FICA to be provided • “Above subject to change without prior notice • Sale is subject to confirmation • E&OE • *Bidding is subject to Automatic staggered ending times As per the Conditions of Sale: • VAT or transfer duty shall be applicable • 10% deposit on the purchase price payable on fall of hammer by successful bidder • The auctioneer shall be entitled to receive offers on the property during the first 7 working days from/after the last date of the auction • The purchaser shall have the opportunity to match any such offer (provided that the price offered is higher than his successful bid) within 24 hours of such offer being communicated to him by the auctioneer • The sale is subject to the seller confirming his acceptance of the sale • The Seller in no way gives warranty that the Purchaser shall obtain vacant occupation, on the date of occupation • 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