For Sale
2438 Magamba Drive, Fairbridge Park, Mutare
Commercial Property
Duly Instructed by the Sheriff (MTX0301)
DULY INSTRUCTED BY THE SHERIFF OF THE HIGH COURT OF ZIMBABWE, WE ARE OFFERING THE FOLLOWING AND 28 OTHER IMMOVABLE PROPERTIES FOR SALE BY PUBLIC AUCTION TO BE HELD AT: RAYLTON SPORTS CLUB, CNR FIFTH STREET AND GEORGE SILUNDIKA AVENUE, ON FRIDAY 22nd SEPTEMBER 2017 commencing at 10am confirmation and registration of bidders from 8.00 am. Sale No 28: 152/17: In the matter between Gift Musiyandaka vs KANYENZE TRADE CENTRE. The Defendant’s rights and title to certain piece of land called stand 2438 Umtali Township of Umtali Township lands measuring 195 square metres situate in the District of Umtali. Otherwise known as Stand 2438 Magamba Drive, Fairbridge Park, Mutare Improvements: A double storey with basement commercial building in a 4 unit commercial block in Mutare CBD currently used as a supermarket on the ground floor, basement used for storage and first floor comprises 2 separate units, 1 used for residential and comprises of 2 beds, kitchen, toilet and bath. And the other unit being used as offices but access inside was denied. It has a 2 roomed staff quarters at the back We draw your attention to the following conditions of sale: 1. The full set of sale conditions available upon request from our office and will be read before the auction. 2. Prospective bidders to purchase buyer’s card for $150.This is a non-refundable fee. Which can be paid via Ecocash / Swipe option 3. Prospective bidders to pay a security deposit of $10 000 (Ten Thousand Dollars only) prior to the sale & is refundable if all sale conditions are met or if the bidder does not become a highest bidder in any sale. This can be paid via Swipe / Bank Transfer before auction date. 4. The sale shall be for cash/ bank transfer and in addition the purchaser shall pay: a. The auctioneers commission of 5.75% incl VAT b. The cost of transfer including Conveyancers charges, stamp duty and other fees. c. All arrear rates and charges to complete the transfer of the property. 5. Immediately after conclusion at the auction, the highest bidder shall deposit with the auctioneer an amount sufficient to cover the AUCTIONEERS COMMISSION and further: a. Advise the commissioner appointed by the Sherriff attending to the sale in the manner in which he intends to make payments of the purchase price and other charges in terms of these conditions to satisfy the commissioner of the bonafide ability to meet his obligations. NB: These properties can be viewed on the addresses provided on this advert. Pictures can be viewed at our offices before the date of auction. For further information please do not hesitate to contact (04) show me

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