23 Gainsborough Court, 2 DR Yusuf Dadoo Street - MR498412

Sectional Title in Durban Central, Durban - CBD, Kwa-Zulu Natal

R 400,000 to R 800,000

FNB Property

1
1
495m2
23 Gainsborough Court, 2 DR Yusuf Dadoo Street - MR498412
Sectional Title in Durban Central, Durban - CBD, Kwa-Zulu Natal
R 400,000 to R 800,000
FNB SIE Sale In Execution 1 Bedroom Sectional Title for Sale in Durban Central - MR498412

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1
1
495m2

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Key Features

Rooms

  • 1 Bedrooms
  • 1 Bathrooms

Lounges

  • Lounge

Services

  • Levy R1278
  • Rates and Taxes R982

Kitchen

  • Kitchen

More Features

  • Property Type - Sectional Title
  • Seller Type - FNB SIE Sale In Execution
  • Erf Size - 495m2

MyRoof Stats

  • 736 Views
PID=498412 DID=522815 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 sectional title is for sale in Durban Central. This is a FNB SIE Sale In Execution Property .

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Durban Central has the following point of interest, these include Amanzimtoti (29km), Durban Int Airport (17.4km), Kings Park Stadium (3.7km), North Beach (1.7km), The Pavillion Centre (10.8km), Umhlanga Rocks (13.9km), Ballito (41.8km), Ushaka Marine World (3.1km), N2 (7.9km) and N3 (0.7km)

This single storey sectional title floor area was not measured but the erf size was measured at 495m2.
This sectional title has monthly rates or ground taxes payable to the amount of R 982 and a monthly levy of R 1,278.

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.

Interested in selling your property in Durban Central? Via MyRoof, you can market house in a few easy steps, with professional help, every step of the Sell My House way. We've achieved 246 private property sales in Durban Central. Because of our superior offering, there is a high demand from people to sell property in Durban Central. 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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