Timed Online Auction 4 th - 5 th November 2025
Online Insolvency Auction Of A Ground Floor Unit With Private Garden & Lock-up Garage
Section 4, SS Raedene, 90 Clarence Road, Essenwood, Durban
Obo the Provisional Trustees of the Insolvent Estate: S.V.R. Ramdass Master’s Ref. No.: N000128/2025
00
CONTACT: DANIELLE HOSKINS (Property Practitioner Registered with the PPRA) Tel: 033 397 1190 Email: danielle@maskell.co.za
Auction details
Auction Type Bidding starts Bidding closes *Online Auction Notes
: : : : Timed Online Auction through our App - https://bidlive.maskell.co.za/ Tuesday, 4 th November 2025 commencing at 11h00 Staggered *from 11h00 on Wednesday 5 th November 2025 • If a lot receives a bid within the last 10 min. it will remain open for an additional 10 min
• If any further bidding occurs, the extension timer will reset to 10 min. • If no further bidding activity occurs, the lot closes when the timer runs out.
Sold subject to confirmation
: There is no reserve price . The offer is subject to confirmation by the Seller. The successful bidder shall not be entitled to withdraw his or her bid for the duration of the auction/confirmation period.
Bidder’s pack
Link to all documentation: https://1drv.ms/f/c/ca28e23f7a0429c1/Eh2vJasiMgdDqJQ4gEiN94YBsyWKOJn3q6pdDrY1wyo5lA?e=01XeMv
Buyer`s card registration
Buyer’s card deposit: - R50,000.00 - Strictly by EFT payments only – NO CASH
Auction Participation In order to participate in any of our auctions you need to log in and register for the auction in which you will be placing bids. All auctions are distinctive events. You will need to register for each individual event separately. When registering on the Bidlive platform, you will be asked to accept the Terms and Conditions, please ensure you read them carefully and familiarise yourself with the contents thereof. By accepting the Terms and Conditions, you consent and agree to be bound by the Auctioneers Terms and Conditions in addition to any other conditions specified by the Auctioneer or the Seller. These Terms and Conditions are non-negotiable. Submit an ID copy, proof of address (NOT older than 3 months), and proof of payment. Documents to be emailed to danielle@maskell.co.za Download our APP “Peter Maskell Auctioneers” from IOS or the Play Store or visit bidlive.maskell.co.za → Set up profile → Register for the auction https://bidlive.maskell.co.za/ Timed auctions allow a single lot to be up for sale for a fixed time. Place your max bid up until the time is up. If you have the highest bid at the time the time ends, you become the highest bidder, subject to confirmation (as applicable). For best results check ten minutes before the sale ends to see if the time has been extended for further bidding.
Banking details Account holder Bank Account number Branch Reference
: : : : :
Peter Maskell Auctions CC Nedbank 1343096103 198765 your name # Ramdass
Buyer’s costs and Liabilities • VAT or TRANSFER DUTY shall be applicable; • 10% deposit on the purchase price payable on fall of hammer by successful bidder; • Occupation and possession of the property will be given by the seller to the purchaser on date of registration of transfer; • 30 Day Guarantee Period • 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. Important Note The purchaser acknowledges that his or her offer to purchase, made on the auction is not subject to viewing. The purchaser acknowledges that all items are sold voetstoots and the onus is on the Purchaser to inspect all assets prior to the commencement of the auction. It has been recorded that the Purchaser is fully acquainted with goods and the Purchaser hereby indemnifies the Auctioneer or the Seller against any possible claim that may arise as a result of his or her failure to inspect the assets prior to the commencement of the auction.
Property details
Property Details
Property type
:
Sectional scheme unit
Unit number
:
4
Scheme name
:
SS Raedene
Scheme Number/Year
:
183/1994
Situated At
:
Durban, 1096, Rem
Extent
:
57 sqm
Co-ordinates
:
-29.819746 / 31.008590
Title Deed No.
:
ST17625/2009
Exclusive Use Area
:
G1 (Garden area)
Extent
:
58 sqm
Municipal Details
Municipality
:
eThekwini
Market Value
:
R 610,000.00
Monthly rates (residential)
:
R 586.77
Electricity
:
Residential 1 Phase – Scale 4
Levy Details
Monthly levy
:
R 1,562.33
Exclusive use – Garden
:
R 239.95
CSOS levy
:
R 29.84
Security levy
:
R 189.75
Total :
R 2,021.87
The Property
Unlock the perfect blend of comfort, convenience, and security in the heart of desirable Essenwood! This charming 57m² ground floor sectional title unit at 90 Clarence Road is an exceptional opportunity for first-time buyers, downsizers, or savvy investors seeking a low-maintenance lifestyle in a top Durban location.
• Rare Ground Floor Advantage: Easy access, no stairs! Perfect for all lifestyles. • Your Private Oasis: Enjoy the exclusive use of a small, private garden – ideal for relaxation! • Secure & Peaceful: Rest easy within a well-maintained 31-year-old brick building featuring galvanized steel fencing and controlled access. Your safety is paramount. • Practical & Bright Layout: Features 1 bedroom, 1 bathroom, a kitchen, and open-plan lounge/dining area creating a spacious feel. • Lock-Up & Go Convenience: Includes a single lock-up garage • Unbeatable Location: Situated in the vibrant Essenwood suburb, you're moments away from top hospitals, excellent schools, places of worship, shops, cafes, and parks. Everything you need is within easy reach. • Solid & Established: Part of a small, well-managed complex.
Don't miss this chance to own a piece of prime Essenwood real estate offering security, outdoor space, parking, and an unbeatable location!
Auction Terms and Conditions
DISCLAIMER Whilst all reasonable care has been taken to provide accurate information, neither Peter Maskell Auctions CC nor the Sellers 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 the negligence or otherwise of Peter Maskell Auctions CC or the Sellers or any other person. Confirmation The Auctioneer shall forthwith give the Purchaser notice of confirmation of the sale. During the confirmation period, the offer made by the Purchaser shall be irrevocable. The Auctioneer shall be entitled to receive offers on the property during the confirmation period which offers shall be deemed to have been made on precisely the same terms and conditions as are contained in these conditions of sale. The Purchaser shall have the opportunity to match any such offer within 24 hours of such offer being communicated to him by the Auctioneer or Seller (by email or otherwise). The agreement is further subject to the condition that the Seller and / or Master of the High Court must grant the required consent, if applicable. Should the consent of the Master of the High Court or any court be required before transfer of the property or any portion thereof can be registered in the name of the Purchaser, this agreement is subject to such consent being obtained and it shall fall away and be regarded as pro non scripto if such consent cannot be obtained. Neither the secured creditor, nor the Seller, nor the Auctioneer nor the estate shall be liable for any damages suffered by an unsuccessful Purchaser should the required consent be refused or withheld for any reason whatsoever. Occupation, Services, Risk And Alterations Occupation, possession, risk profit and loss shall pass to the Purchaser upon the date of registration of transfer . Without limiting the generality of the above statement, it is specifically recorded that the Purchaser shall be liable for all rates, taxes, levies and other imposts on the Property from occupation date. No party shall effect any alterations, improvements or additions to the property prior to the date of registration without the Seller’s prior written consent and the Purchaser shall have no claim, whether enrichment or otherwise, against the Seller should he effect such alterations, improvements or additions, with or without consent and this clause shall remain of full force in spite of cancellation or voidness of this agreement. Should the Property be occupied by any unauthorised third party/parties on the date of registration of transfer, the Purchaser shall be responsible to lawfully attend to such occupants at the Purchaser's own cost (with due consideration of the Prevention of Illegal Eviction from & unlawful Occupation of Land Act 19 of 1998 and any other relevant legislation). The Seller does not warrant that the Purchaser will obtain vacant occupation and possession of the Property, and the Purchaser purchases the Property subject to any existing lease or right of occupation held by any other party. It is recorded that the Purchaser shall bear the cost of evicting any occupier who may be in unlawful occupation of the Property. Should occupation be prior to transfer, the Purchaser shall pay Interest to the Seller from the date of occupation until date of registration of transfer, payable monthly in advance on or before the first business day of each month and is payable to the Seller at the address as stipulated in the Schedule. The monthly interest shall be 0.7% of the purchase price. Clearance Certificates Electrical certificate of compliance: The Purchaser undertakes that where repairs are required in order for such certificate to be issued, the Purchaser shall at his own cost, employ the services of a certified professional to effect such repairs and provide the clearance certificate to the Seller’s conveyancer for the purpose of transfer of the property into the name of the purchaser. Entomologist Clearance Certificate: The Purchaser undertakes that where repairs are required in order for such certificate to be issued, the Purchaser shall at his own cost, employ the services of a certified professional to effect such repairs and provide the clearance certificate to the Seller’s conveyancer for the purpose of transfer of the property into the name of the purchaser. Water Compliance Certificate: The Purchaser undertakes that where repairs are required in order for such certificate to be issued, the Purchaser shall at his own cost, employ the services of a certified professional to effect such repairs and provide the clearance certificate to the Seller’s conveyancer for the purpose of transfer of the property into the name of the purchaser. Gas Certificate of Conformity: The Purchaser undertakes that where repairs are required in order for such certificate to be issued, the Purchaser shall at his own cost, employ the services of a certified professional to effect such repairs and provide the clearance certificate to the Seller’s conveyancer for the purpose of transfer of the property into the name of the purchaser.
Auction Terms and Conditions
DISCLAIMER Whilst all reasonable care has been taken to provide accurate information, neither Peter Maskell Auctions CC nor the Sellers 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 the negligence or otherwise of Peter Maskell Auctions CC or the Sellers or any other person.
Capacity Of Parties
The highest bidder shall, immediately after the sale, sign the conditions and if the Purchaser purchases on behalf of a principal, he/she/it shall divulge the name of such principal upon signature hereof. The Seller, however, shall sign the conditions only upon confirmation of the sale.
Voetstoots The property is sold as described in the title deed subject to the servitudes and conditions contained therein, any preceding title deeds, leases or other real rights. The property is sold voetstoots as it is and the Seller does not afford any guarantees or warranties in respect of the buildings or any improvements on the property, including all building materials, irrespective of whether the defect, damage, error or shortcoming is latent, hidden, visible, structural or otherwise nor that it is fit for the purpose for which it was built or bought, irrespective of whether it is covered by the voetstoots clause at common law or not and the Seller shall not be liable for such defect, costs and damages. This clause shall be interpreted to favour the Seller should there be a dispute regarding the voetstoots clause. The seller does not warrant that all plans are in order and have been approved by the relevant municipality concerned. The purchaser satisfies himself prior to entering into a sale agreement that the improvements on the property are built in accordance with approved plans and according to municipal regulations. Should the purchaser neglect to ascertain the status of the improvements prior to transfer, he will have to accept the property with the prevailing defects. The purchaser confirms he has investigated the plans and acquires the property as is, and any outstanding plans will be for the cost of the Purchaser. Transfer and Transfer Costs Attorneys appointed by Seller shall attend to the registration of the transfer of the Property into the name of the Purchaser. The Purchaser shall be liable for and shall pay to the Attorneys all the costs of transfer, transfer duty or VAT, whichever is applicable.
Breach Of Contract
Should the Purchaser fail to comply with any term of this agreement the Seller, without prejudice to any right or remedy he might have in terms of this agreement or at common law, may do the following: • By any of the means stipulated in the clause relating to “NOTICES”, address a notice to the Purchaser at his domicilium citandi , notifying him of his breach and requesting him to remedy same within 7 (SEVEN) days. • Cancel this agreement without further notice: ➢ upon which the Purchaser will forfeit all monies paid by him in respect of this agreement as the reasonable pre-estimated liquidated damages without prejudice to any of the Seller’s other rights in terms of this agreement to claim for damages suffered including special damages irrespective of whether such damages were contemplated by the parties at date of conclusion of the agreement, and the Seller may recover from the Purchaser such damages as the Seller has suffered and in this regard the Seller shall be entitled to re-sell the property and to retain the aforesaid payments made by the Purchaser and any interest accrued thereon until such time as the Seller’s damages have been determined and to apply the said payments and accrued interest towards the settlement of or reduction of such damages ➢ and retake possession and occupation of the property ➢ and the Seller may declare all monies paid to the Seller, whether held in trust or otherwise and any interest accrued thereon, to be forfeited to the Seller as “rouwkoop” (the Purchaser hereby authorising all persons holding such monies in trust to pay them to the Seller on demand); or • Claim immediate payment of the whole balance outstanding and strict compliance with all the terms of the agreement and damages, if applicable. • Should the Purchaser be in breach of the agreement, the Purchaser shall be liable to the Auctioneer for payment of the full amount of the commission and shall be liable to the conveyancer for all fees for work in respect of the transfer of the registration of the property and the registration of any bonds and the Seller may in summary manner issue summons against such a party for payment of the due amount. • Should any amount be due by the Purchaser in terms of this agreement, whether liquid, liquidated or unliquidated, a certificate issued by the Seller, stating the amount due, shall be prima facie proof of the Purchaser’s indebtedness.
Physical Address: Unit 1 3 Wembley Terrace Town Hill Pietermaritzburg 3201
Contact details: Telephone: +27 33 397 1190 Email: reception@maskell.co.za Website: www.maskell.co.za
Peter Maskell Auctions CC has been instructed by the Trustees of the Estate to sell the Property and Peter Maskell Auctions and/or the Trustees have no knowledge of any latent defects in the Property and makes no representations regarding the condition of the Property. The Purchaser acknowledges that he/she/it has been informed that professional expertise and /or technical skill and knowledge may be required to detect defects and/or deficiencies in the Property and non-compliance aspects concerning the Property. The Purchaser is to obtain his/her/its own professional advice and/or undertake a professional inspection of the Property. The Purchaser waives any claims against Peter Maskell Auctions and/or the Trustees as he/she/it may otherwise have had, and as may have otherwise arise from its/their response to the any of the statements regarding the condition of the property.
Page 1 Page 2 Page 3 Page 4 Page 5 Page 6Made with FlippingBook Digital Publishing Software