Date : 19-09-2019

Close to Bus Rank, Kopong

Residential

TRIBAL LOT 2570, KOPONG

Bids commence at 350000

 

Agent

Property Location

Street Name :

Area : Close to Bus Rank

City : Kopong

Overview

A large affordable family home situated in a lovely and quiet neighbourhood along the Kopong - Lentsweletau Road. A highly recommended excellent investment opportunity at a remarkable value. Suitable for first-time buyers, families or and as an investment.

Key Features

Possession Status : Owner

Status : Available

Internal Specifications

House Type : Independent House

Plot Size : 808

Building Size : 78

Bed Rooms : 3

Master En Suite? : Yes

Bath Rooms : 1

Lounge? : Yes

Kitchen Open Plan? : Yes

External Specifications

Established Garden? : Yes

Screen Wall? : Yes

Utilities and Levies

Services with Power and Water? : Yes

Billing : Utilities meters Separate

Tenure : Leasehold

Sale Format

Leasehold – 99 years from 4th May 2012. The sale format is a sale deed of transfer, transfer of the Property into the name of the Purchaser. NB – For the consideration of citizens of the Republic of Botswana and majority owned citizen companies only.

Description

This spacious property is secured by a 1.8 meter high boundary wall and is accessed via a sliding steel gate. The property comprises of a ready-to- move in: three bedroomed home (master bedroom wardrobe fitted); a common bathroom (bath-tub, toilet and wash hand basin); a lounge and a fully fitted kitchen with light wood cupboards, wood tops and double sink. The whole is ceramic floor tiled and the common bathroom wall tiled to door height level.
Water and power are connected and there is ample space for future developments/ extensions.

Auction Details

Viewing Date : April 17, 2019

Auction Date : April 17, 2019

Auction Venue : The auction will take place at the Property

Getting there

On the Gaborone-Molepolole Road, turn right after crossing the Metsimotlhabe river towards Kopong. Cross the Kopong River bridge and turn right into Kopong (By blue unnamed Filling Station). Drive straight past the Bus rank on the right (keeping left), then turn left after the graveyards (by bus stop). Drive straight and turn right after a peach boundary walled property. Drive straight through a passage for 0.4km, and the property is ahead, with a black gate.

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