Date : 29-03-2020

Phase 4, Gaborone

Residential

Plot 22576 Phase 4 Gaborone

Bids commence at 700000

 

Agent

Property Location

Street Name :

Area : Phase 4

City : Gaborone

Overview

This is a wonderful opportunity to secure a modernly finished, well-maintained family home at a great value, conveniently located in close proximity to Westwood International School, Letlhabile Primary School, Game City shopping mall and major business centres.

Key Features

Possession Status : Owner

Status : Available

Internal Specifications

House Type : Independent House

Plot Size : 450

Building Size : 177

Bed Rooms : 3

Master En Suite? : Yes

Bath Rooms : 2

Lounge? : Yes

Kitchen Open Plan? : Yes

External Specifications

Servants Quarter? : Yes

Screen Wall? : Yes

Utilities and Levies

Services with Power and Water? : Yes

Billing : Utilities meters Separate

Tenure : Fixed Stat Grant

Sale Format

Deed of Fixed Period State Grant, 99 years from 29th January 1990. The sale format is a Deed of Transfer, transfer of the Property into the name of the Purchaser.

Description

This soundly-built family home is secured by a high boundary wall and is accessed via a sliding gate. It comprises of three bedrooms, master bedroom with en-suite bathroom (bath, shower, toilet and basin), a lounge with a fireplace, TV room, fitted kitchen, a common bathroom (bath and basin) and a guest toilet. This lovely home is tiled throughout and all bedrooms are complete with fitted cupboards.

The staff quarters is detached to the main house and comprises of a bedroom, kitchenette and bathroom (shower, basin and toilet).

Auction Details

Viewing Date : October 10, 2019

Auction Date : October 10, 2019

Auction Venue : The auction will take place at the Property

Getting there

At the old “Nokia Warehouse traffic lights” (Now Bank of Baroda) facing north, take left onto “Kudumatse road” and face west. Drive straight and take first left into Phase 4. Drive straight past “Letlhabile Primary School” on the right and “Marulamantsi CJSS” on the left, and then take Second turn right. Drive straight and the property is the forth after the bend.

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