Date : 28-01-2020

Talana Park, Phakalane

Residential

Plot 62422, Talana Park, Phakalane

Bids commence at 2400000

 

Agent

Property Location

Street Name : Plot 62422, Talana Park, Phakalane

Area : Talana Park

City : Phakalane

Overview

A beautifully built, modern and exquisitely finished family home on a seldom-found large property nestled amongst high cost homes, located in one of Botswana’s most prestigious residential locations. This unique property is a true gem and a rare find, presenting a highly recommended investment opportunity, an opportunity that should not be missed.

Key Features

Possession Status : Owner

Status : Available

Internal Specifications

Plot Size : 1296

Building Size : 1008

Bed Rooms : 5

Master En Suite? : Yes

Bath Rooms : 3

Lounge? : Yes

Dinning? : Yes

Kitchen Open Plan? : Yes

Laundry? : Yes

External Specifications

Patio? : Yes

Garage? : Yes

Swimming Pool? : Yes

Entertainment Area? : Yes

Established Garden? : Yes

Paved Yard? : Yes

Servants Quarter? : Yes

Electric Fence? : Yes

Alarm Fitted? : Yes

Screen Wall? : Yes

Utilities and Levies

Services with Power and Water? : Yes

Billing : Utilities meters Separate

Tenure : Freehold

Sale Format

Freehold Title – The sale format is a Sale in Execution, transfer of the Property into the name of the Purchaser.

Description

A beautifully built, modern and exquisitely finished family home on a seldom-found large property nestled amongst high cost homes, located in one of Botswana’s most prestigious residential locations. This unique property is a true gem and a rare find, presenting a highly recommended investment opportunity, an opportunity that should not be missed.

 

A boundary wall with an electric fence secures and encompasses 1,296m2 of true beauty, comprising of a grand modernly finished family home, staff quarters (bedroom, bathroom and kitchenette), an integrated double-motorised garage, thatched entertainment lapa, a unique courtyard swimming pool, beautifully manicured and landscaped garden incorporating a miniature golf course.


This lavish home has five bedrooms (all with ensuite bathrooms), master bedroom with walk-in closet and en-suite bathroom, two bathrooms, guest toilet, study, reception with waterfall and fish pond, an open plan lounge and dining area, TV room, fitted kitchen, scullery, pantry, laundry, storeroom and a prayer room.

Auction Details

Viewing Date : August 29, 2019

Auction Date : August 29, 2019

Auction Venue : The auction will take place at the Property

Getting there

Entering into Phakalane from the A1 highway, take the 2nd exit and take 2nd right turn (opposite Academy of Toddlers) then first left. Continue straight and turn right at the T-junction and take first right. It’s the 8th property on the right. Lot 62422

IMPORTANT NOTICE TO BIDDERS

Transfer will be undertaken by the Conveyancers appointed by SFB Auctions

  1. When doing your budget for the auction, please remember that you are required to add 7.5% exc. VAT (fees) on top of your final bid price.
  2. If you are the highest bidder, ON THE DAY OF AUCTION, you will be required to pay 12.5% as a deposit, that is 5% plus the 7.5% Fees mentioned in Point 1 above.
  3. 5% goes towards the Purchase Price. Therefore your BALANCE will be the bid price less the 5% deposit paid immediately post-auction, the balance is payable within 14 days of the auction date.
  4. Note that for your own security a Bank Guaranteed Cheque and NOT Cash is recommended.

 

NB: The above fees DO NOT affect your budget. All you need to remember is to calculate the fees onto your final bid price so that you do not exceed your budget. Each and every bidder is subject to these fees.

An example based on a final Bid Price of P1 million:

Deposit = P12.5% of P1,000,000; therefore the deposit is P134,000 (inc. VAT on fees);
Made up of P84,000 (inc. VAT) as fees and P50,000 towards the bid/ purchase price;
The balance payable is therefore P1,000,000 minus P50,000 = P950,000