7 Cyril Zulu Avenue - MR426677

House in Umlazi, Durban - South Coast, Kwa-Zulu Natal

R 400,000 to R 800,000

FNB Property

2
1
676m2
7 Cyril Zulu Avenue - MR426677
House in Umlazi, Durban - South Coast, Kwa-Zulu Natal
R 400,000 to R 800,000
FNB SIE Sale In Execution 2 Bedroom House for Sale in Umlazi - MR426677
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SOLD
Property has been sold

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2
1
676m2

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Key Features

Rooms

  • 2 Bedrooms
  • 1 Bathrooms

Lounges

  • Lounge

Services

  • Rates and Taxes R313

Kitchen

  • Kitchen

More Features

  • Property Type - House
  • Seller Type - FNB SIE Sale In Execution
  • Erf Size - 676m2

MyRoof Stats

  • 888 Views
PID=426677 DID=451154 SID=88

Sheriff Auction

Conditions of sale at a sheriff auction:
A sale agreement is signed by the sheriff and the buyer. The buyer's responsibilities include:

  • Paying a deposit of 10% of the purchase price in cash or a bank guaranteed cheque, immediately on buying.
  • Paying commission on date of purchase by the buyer.
  • Guarantees for the balance of the purchase price, together with interest within 14 or 30 days
  • The buyer is responsible for the payment of any outstanding levies, water and electricity, rates and taxes.
  • The buyer is responsible for occupation of the property

A sale in execution is a public auction held by a Sheriff of the Court. This means a court order has been obtained by us to attach and sell the property to recover the money that has not been repaid on a home loan. We cannot accept or decline offers on these properties as we are not the legal owners. These properties are advertised in the Government Gazette as well as in any two local newspapers distributed in the area in which the property is situated. We also market these properties to estate agents and the public.

The purchaser shall immediately on demand pay the sheriff's commission calculated as follows:
  • 6% on the first R100 000.00, and
  • 3.5% on R100 001.00 to R400 000.00, and
  • 1.5% on the balance of the proceeds of the sale,
subject to a maximum commission of R40 000.00, plus VAT, in total and a minimum of R3 000.00, plus VAT, (inclusive in all instances of the sheriff’s bank charges and other expenses incurred in paying the proceeds into his or her trust account).

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Notes about this property by MyRoof

This house is for sale in Umlazi. This is a FNB SIE Sale In Execution Property .The following description of this suburb will give you a better idea of Umlazi. Umlazi suburb is located in Kwa-Zulu Natal, just outside the Durban CBD. It is close to the old Durban International Airport, and has easy access to various amenities in the Durban surroundings

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This single storey house floor area was not measured but the erf size was measured at 676m2.
This house has monthly rates or ground taxes payable to the amount of R 313.

To buy this property you need to be present at the Sheriff auction as indicated when clicking the "Contact Details" button.

Many people buy bank private properties because they are priced right and offer great value for money.

Do you want to sell property in Umlazi? Via MyRoof, you can sell house in a few easy steps, with professional help, every step of the Sell My House way. We've achieved 27 private property sales in Umlazi. Because of our superior offering, there is a high demand from people to sell property in Umlazi. To market your house online for free, click on the "Sell My Property" tab at the top of the page or the "Sell House" button on the right of this page.

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