Deceased estate master’s reference number: 021268/2023
MASTER’S REFERENCE NUMBER: 021268/2023
STRICTLY ONLINE BIDDING
Duly instructed by the Executor of the Estate Late I.P. Miller, Open Auctions will dispose of the undermentioned property via an No Reserve Online-Only Public Auction.
Opening bids from R 300,000.
Online Timed Auction starts on 24 June 18h00 and ends on 1 July 18h00.
PROPERTY DETAILS:
Property Description: 1 Otello Crescent, Erf 31715 Mitchells Plain, Eastridge
Erf Size: 196 m²
Estimated Building Size : 58 m²
Property Type: Residential
CRITICAL NOTICE TO ALL BUYERS / PROPERTY INVESTORS
Please note that this property is being sold under highly specific legal conditions as mandated by the Estate's legal representatives. For full disclosure and the protection of all parties, the following clauses will be inserted directly into the Conditions of Sale and apply strictly to this transaction:
1. NO ON-SITE INSPECTIONS OR VIEWINGS
Absolutely no physical viewings or on-site internal inspections of the property will be permitted prior to or after the auction.
2. PUBLIC SOURCE MARKETING ONLY
Purchasers acknowledge that no formal internal property inspection has been concluded by the Executor or the Auctioneer. All marketing images and descriptions are drawn exclusively from public sources (Google Maps and Street View). The property is sold entirely "as is".
3. RESISTANT OCCUPATION & EVICTION STATUS
The Property is sold subject to existing occupation by the occupant and/or any other persons occupying through them. The Purchaser acknowledges that the occupants are uncooperative and resistant to vacating the Property.
4. NO VACANT OCCUPATION ON TRANSFER
Vacant occupation cannot and will not be given to the Purchaser upon registration of transfer.
5. POST-CONFIRMATION EVICTION AT ESTATE'S COST
The Estate will actively apply for a formal eviction order in terms of the Prevention of Illegal Eviction (PIE) Act. This eviction process will be conducted at the Estate’s cost, commencing only after formal Master’s confirmation has been secured. The Purchaser explicitly acknowledges that this legal eviction process may be prolonged.
6. COMPLIANCE CERTIFICATES
The Purchaser will be entirely responsible for obtaining and financing all necessary statutory Compliance Certificates (including Electrical, Gas, and Beetle certificates where applicable) required for transfer.
7. PURCHASER INDEMNITY
The Purchaser explicitly indemnifies the Estate, the Executor, and Open Auctions against any and all potential claims arising from the occupation or subsequent eviction process.
BIDDING REQUIREMENTS:
All bidders must pre-register with Open Auctions and submit valid FICA documentation (ID and Proof of Residence) to be approved for the online bidding platform.
For Auctions Rules and Conditions and Registration details contact Open Auctions today.
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