Date : 28-01-2020

Mmaseetsele Ward, Moshupa

Residential

Lot 1235 Moshupa (Mmaseetsele Ward)

Bids commence at 250000

 

Agent

Property Location

Street Name :

Area : Mmaseetsele Ward

City : Moshupa

Overview

A modern and exquisitely finished family home situated in a lovely and quiet neighbourhood situated just 500m from the Rural Administration Centre/ Council building. This is a good find and an excellent investment opportunity at a remarkable value. Suitable for first-time buyers, families or as an investment.

Key Features

Possession Status : Owner

Status : Available

Internal Specifications

House Type : Independent House

Plot Size : 999

Building Size : 256

Bed Rooms : 3

Bath Rooms : 1

External Specifications

Utilities and Levies

Services with Power and Water? : Yes

Billing : Utilities meters Separate

Tenure : Leasehold

Sale Format

Leasehold Title for a period of 99 years from 21st April 2010. The sale format is a sale in execution (cession of lease), transfer of the Property into the name of the Purchaser.

Description

The property is enclosed by a high boundary wall and is accessed via a sliding steel gate. The property comprises of a well-kept house with a veranda.
The house consists of 3 bedrooms, master ensuite bathroom (bath, shower, toilet and wash-hand basin), common bathroom (bath, toilet and wash-hand basin), a guest toilet (toilet and wash-hand basin), open plan lounge with dining and a fitted kitchen.
The house comprises of ceramic tiled flooring in most areas of the house. All bedrooms are spacious with room for wardrobes. The kitchen is fitted with double sink.
The yard is spacious with ample space for further developments and all utilities are connected.

Auction Details

Viewing Date : December 11, 2019

Auction Date : December 11, 2019

Auction Venue : The auction will take place at the Property

Getting there

Driving on the A10 from Gaborone towards get to Moshupa. Turn right following the tarred road and take the first right turn on a wide gravel road towards Council building. Pass Diratsame CJSS on the right and Moshupa Senior School on the left. Get to Council/ RAC and pass in front of the main gate. From the gate, drive for 100m and turn left. Follow the road and get to a T-junction and turn right. Drive for 100m and turn left and follow the road maintaining the road to the right. Drive for 200m and turn left. The property will be on the left (with “Citadel Pre-School” signage).

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