RULES OF AUCTION

 

This auction is a Timed Online Auction and will be held from Wednesday, 2 September 2026 at 12:00 until Thursday, 3 September 2026 on the www.vansauctions.co.za online platform.

1. For the benefit of bidders, the lots will not all close simultaneously at 12:00 on the closing day. Instead, there will be a staggered closing process.
2. Individual lots, and lots that are combinations of other lots, will not close before preceding lots have closed. The closing of a lot will extend until no bids are placed within the last 5 minutes.
3. The auction consists of individual lots and various combination lots. Should the bids on individual lots or smaller combinations be equal to combination bids, the bids on individual lots have preference. 
4. If a bid is made on a lot within five minutes before close, such lot will extend for 5 minutes, and thereafter continuously for 5 minutes if a bid is placed within the 5 minutes before closure.
5. The closure of lots will postpone as per extensions and after closure of preceding lots.

The Auctioneer is Martin Pretorius from Van’s Auctioneers at 36 Gemsbok Street, Koedoespoort Industrial, Pretoria  and telephone number 086 111 8267.

 

The sale shall be subject to the control of the auctioneer who shall have the sole right to regulate the advance in bidding. We are selling per rising bid in South African Rand.

VAN’S AFSLAERS GAUTENG (PTY) LTD will be selling on instructions from

BRIAN FARHAM OR ANY OTHER LEGAL RECOVERIES MANAGER IN THE LEGAL DECOVERIES DEPARTMENT OF NEDBANK LIMITED, REGISTRATION NUMBER: 1951/000009/06 TO ACT ON BEHALF OF ERMAR TRUST, REGISTRATION NUMBER: 670/2010 & W VAN R SCHMIDT (PTY) LTD, REGISTRATION NUMBER: 1966/005122/07 IN TERMS OF SPECIAL POWERS OF ATTORNEY, DATED 4 JUNE 2026, 5 JUNE 2026 & 24 JUNE 2026

to sell by public auction the property known as:

LOT 1: REMAINING EXTENT OF PORTION 51 (A PORTION OF PORTION 9) OF FARM BURGERS HALL 21,

REGISTRATION DIVISION JU, MPUMALANGA PROVINCE  

 

Measuring: 24,8075 HA

LOT 2: PORTION 50 (A PORTION OF PORTION 9) OF FARM BURGERS HALL 21, REGISTRATION DIVISION JU, MPUMALANGA PROVINCE  

 

Measuring: 25,6960 HA

LOT 3: PORTION 49 (A PORTION OF PORTION 9) OF FARM BURGER SHALL 21, REGISTRATION DIVISION JU, MPUMALANGA PROVINCE  

 

Measuring: 25,6960 HA

LOT 4: LOTS 2 & 3 OFFERED JOINTLY

LOT 5: PORTION 48 (AVOCADO) (A PORTION OF PORTION 9) OF FARM BURGERS HALL 21, REGISTRATION DIVISION JU, MPUMALANGA PROVINCE

 

Measuring: 25,6960 HA

LOT 6: PORTION 72 (A PORTION OF PORTION 13) OF FARM BURGERS HALL 21, REGISTRATION DIVISION JU, MPUMALANGA PROVINCE  

 

Measuring: 8,5653 HA

LOT 7: LOTS 5 & 6 OFFERED JOINTLY

LOT 8: ALL OF THE ABOVE PROPERTIES AS ONE LOT

REMAINING EXTENT OF PORTION 51, PORTION 50, PORTION 49, PORTION 48 (AVOCADO) (PORTIONS OF PORTION 9) & PORTION 72 (A PORTION OF PORTION 13); OF FARM BURGERS HALL 21,

REGISTRATION DIVISION JU, MPUMALANGA PROVINCE 

Jointly Measuring: 110,4608 HA

And held by Deed of Transfer number: T3944/2011 in favour of: ERMAR TRUST, REGISTRATION NUMBER:

IT670/2010

LOT 9: PORTION 71 (A PORTION OF PORTION 1) OF FARM DE RUST 12, REGISTRATION DIVISION JU, MPUMALANGA PROVINCE

Measuring: 8,9326 HA

LOT 10: PORTION 9 (A PORTION OF PORTION 2) OF FARM WHITE WATERS 7, REGISTRATION DIVISION JU, MPUMALANGA PROVINCE

Measuring: 29,8061 HA

And held by Deed of Transfer number: T10373/2013 in favour of: ERMAR TRUST, REGISTRATION NUMBER:

670/2010

LOT 11: PORTION 10 (A PORTION OF PORTION 2) OF FARM WHITE WATERS 7, REGISTRATION DIVISION JU, MPUMALANGA PROVINCE

Measuring: 22,5901 HA

And held by Deed of Transfer number: T8276/2012 in favour of: W VAN R SCHMIDT (PTY) LTD, REGISTRATION NUMBER: 1966/005122/07

LOT 12: LOTS 10 & 11 OFFERED JOINTLY

Subject to the following auction rules:

1.The property will be sold to the highest bidder (herein referred to as the PURCHASER) but subject to confirmation by the SELLER, which confirmation can be withheld by the SELLER without furnishing reasons therefore. The PURCHASER is unconditionally and irrevocably bound to his bid for 14 calendar days excluding date of signing of the conditions of sale, and the onus will rest upon the PURCHASER to establish whether his bid was confirmed, or not.

2.Higher offers may be made prior to confirmation or registration of transfer (whichever occurs first.)

            Such higher offers must be made to the AUCTIONEER on the same Terms and Conditions as the auction  

            offer and the highest bidder at the auction shall have the right to equal such offers which offer will be   

            preferent to any other offers. The PURCHASER from the auction must exercise this right within 24 hours  

            (excluding public holidays and weekends) after being so notified by the AUCTIONEER, by submitting an

            equivalent offer and supplementing his deposit accordingly.    

3.The highest bids on all individual and the combination lots will stand for consideration during the confirmation period. Individual bids will always have preference against combination bids and if they are equal, the combination will be deemed to be out bid.    

4.It is specifically recorded that the bids of both the highest bidder and the under bidder (the second highest  bid) will stand and be regarded as legally binding for consideration and acceptance by the Seller(s). The decision regarding acceptance of any offer shall be entirely at the discretion of the Seller(s).

5.      Both these bidders shall sign the Conditions of Sale for their respective bids immediately after closure of the auction. Both bidders will also be required to make payment of the deposit and commission (plus VAT, if applicable) as provided for elsewhere in the Conditions of Sale. If the highest bidder does not perform his or her duties as provided for in the Conditions of Sale and the Rules of Auction then the bid of the under bidder shall be regarded as the auction offer.

6.In the event of a dispute arising in regards to a bid made, the AUCTIONEER will have the discretion to put

        the property up for auction again and his decision will be final.

7.The PURCHASER shall be liable for payment of all duties, levies and taxes, calculated as from the date of possession and/or occupation, but shall not be held liable for any arrears.

8.The property is sold Voetstoots, and neither the AUCTIONEER nor the SELLER gives no guarantee as to the extent, patent or latent defects, the nature, quality or legality of improvements, or the legality of any activities practiced thereon, and will not be held liable for any damages arising from same. By taking part in this online auction the bidder aknowledges that he/she/it has acquainted himself with the condition of the property.

9.Payment method:

a.A Registration Fee of R100 000 (ONE HUNDRED THOUSAND RAND) is payable. This will be refunded to all non-successful bidders, and accounted for against the deposit as required below from the highest bidder.

b.10% of the full purchase price as a deposit, by electronic  transfer (EFT) simultaneously with signature of the Conditions of Sale by the PURCHASER or as requested by the AUCTIONEER, which deposit, after confirmation and deduction of expenses and fees (if applicable), will be paid over to the Estate Account.

c.The PURCHASER shall be liable for payment of interest calculated at 1% per month on the balance of the purchase price from date of possession and/or occupation (whichever occurs first) to date of registration of transfer which interest shall be deemed as occupational rent.

 

d.The balance of the purchase price shall be paid or secured by means of a guarantee acceptable to the SELLER, within 45 days from date of confirmation, payable upon registration of transfer.

10.The  PURCHASER will be liable for auctioneers’ commission of 6% of the purchase price (VAT Exclusive), which is not included in the purchase price, payable simultaneously with the deposit and shall be in addition to the said deposit.

11.The PURCHASER shall upon demand be liable for payment of VAT which is not included in the purchase price, or Transfer Duties, whichever is applicable.

 

12.Possession and/or occupation will be given and taken subject to any existing lease agreements, leasing, tenancy or legal or illegal occupation, on date of  registration of transfer of the property in the Deeds Office, or as agreed upon in writing between the parties, from which date the sole risk, profit or loss of the property shall rest upon the PURCHASER. The SELLER and the AUCTIONEER do not guarantee vacant occupation. The PURCHASER acknowledges that the PURCHASER will be responsible and liable for all costs towards the eviction herein.

13.The terms and conditions of this agreement shall constitute the sole agreement between the parties concerned and no variation or amendment thereto shall be binding unless agreed upon in writing and signed by the SELLER and PURCHASER. The Terms and Conditions of the full Conditions of Sale are incorporated herein and the PURCHASER is bound thereby.

14.In compliance with the National Consumer Protection Act and the Regulations thereto, Vendor Bidding is permitted at the auction, and the SELLER, AUCTIONEER or a Vendor Bidder representing the SELLER or the AUCTIONEER may bid up to an amount and not exceeding the Reserve Price.

           

15.These Rules of Auction comply with the provisions of Section 45 of the Consumer protection Act, 68 of 2008. Sub sections (1), (2) and (3) of this Section provides as follows:

“(1) In this section, ‘‘auction’’ includes a sale in execution of or pursuant to a court order, to the extent that the order contemplates that the sale is to be conducted by an auction.

(2) When goods are put up for sale by auction in lots, each lot is, unless there is evidence to the contrary, regarded to be the subject of a separate transaction.

(3) A sale by auction is complete when the AUCTIONEER announces its completion by the fall of the hammer, or in any other customary manner, and until that announcement is made, a bid may be retracted.”