COURTYARD HOTEL (WALVIS BAY) - ON AUCTION - 8 APRIL 2021 @ 12:00

VENUE: ON-SITE (Corner of JJ Cleverley & Bramwell Streets)

On behalf of our client, Auction Dynamix CC gladly presents by means of PUBLIC AUCTION, 100% Membership in The Courtyard Bird Watching Safari CC, being the owner of:

• Erf 2344, measuring 3653m² (Three Six Five Three Square metres) in extent, located in the Municipality of Walvis Bay, Erongo Region, Registration Division “F”. 

DESCRIPTION

The Courtyard Hotel is a welcoming experience, with genuine hospitality and personal service. Regarded as a Family Hotel, situated in a quiet area and within 2 minutes walk from the Walvis Bay Lagoon and 20 minute walk to town. The Lagoon is famous for its variant birdlife and is a paradise for water sports.

IMPROVEMENTS

The Property consists of 1465m² improvements including:

• 18 Comfortable En-suite Rooms, well furbished and decorated (with Bath & Shower facilities). Each room offers a Television, Telephone, Internet connection and a mini-kitchen.
• Kitchen, Lounge, Dining Room and Office.
• Laundry and Conference Room.
• 17 Garages and ample secure parking.

VIEWING

Strictly by appointment. Please contact Dederick at 0811289090 or Leonard at 0811291019 to arrange a viewing.

AUCTION CONDITIONS:

1. Bidders Registrations will be entertained at any time prior to the Auction and WILL CLOSE STRICTLY AT 12:00 ON THE DAY OF THE AUCTION. NO LATE REGISTRATIONS WILL BE ACCEPTED. Please register on time to avoid disappointment.
2. The Actual Auction will commence as soon as the Auctioneer is satisfied that all Registered Bidders (as per Section 1 above) are capable of participating in the Auction (at his sole discretion) and can adhere to the Auction Conditions.
3. Please note: Bidders (potential Buyers) applying for finance (via a Financial Institution), should do so before the Auction and have confirmed finance before they will be allowed to bid.
4. Satisfactory WRITTEN proof of financial capabilities should be provided to the Auctioneer before the Auction (ie. we will require a letter from your financial institution confirming that you are capable of paying the Deposit and Commission directly after the Auction).
5. N$ 100,000-00 (One Hundred Thousand Namibia Dollars) Registration Deposit payable. The Registration Deposit will form part of the 10% Buyer’s Deposit (as indicated below) should you be the successful Bidder, alternatively it will be refunded.
6. 10% Buyer’s deposit & 5% Buyers commission (+ V.A.T.) payable on the fall of the hammer.
7. The balance of the Purchase Price will be payable in Cash or Electronic Fund Transfer or acceptable bank guarantees within 21 working days of the Auction.
8. No V.A.T. will apply on the Purchase of the Members Interest.
9. Possession and Occupation on Registration of Transfer.
10. Should the Property be sold “subject to confirmation”, the Auction Conditions will still apply. The Seller / Authorised Seller reserves the right to accept or refuse any bid within 7 days of the Auction.
11. The Auctioneer reserves the right to withdraw any Lot at any time prior to, during or after the Auction. 
12. Telephone & Proxy Bidders are advised to register in advance and adhere to all requirements of the Auctioneer before they will be allowed to bid.
13. The Seller or Authorised Seller reserves the right to determine a Reserve Price before or during the Auction and it remains in the absolute discretion of such Seller or Authorised Seller to sell the property during or after the Auction.