House on auction in Elysium

Bidding to start from: R9 000 000 | Live Auction: 07 July 2026 • Vacant, well-established 3-star beach resort along the KZN South Coast sitting on 4.5602ha erf • 22 en-suite guest rooms accommodating up to 56 guests • Suitable for leisure, corporate, conference and wedding markets as a hospitality and events destination • Sold inclusive of furniture and fittings, supporting immediate operational potential Auction Terms and Buyer Information: • Buyer Costs: 16.5% payable on auction day (10% commission + VAT on commission + 5% deposit towards purchase price). • Registration Fee: R50,000 (live/venue bidders) | R100,000 (telephonic/online bidders). All bids constitute a legally binding offer, and the highest bidder is required to sign the Auction Sale Agreement immediately upon the fall of the hammer; failure or refusal to sign constitutes a breach and results in forfeiture of the registration deposit. The sale is subject to a reserve price unless otherwise stated. The property is sold voetstoots, as-is with no warranties or guarantees, and all bidders must provide valid FICA documentation prior to registration.