HOTEL REFURBISHMENT CLEARANCE ONLINE AUCTION | 23-27 JULY 2026
Mark your calendar — registrations for this auction open on
Thursday 16 July 2026
Viewing and Auction Schedule | |
Viewing Day 1 |
Thursday 23 July 2026 | 09h00 – 15h00 |
Viewing Day 2 |
Friday 24 July 2026 | 09h00 – 15h00 |
Viewing Venue | Capital On The Park 101 Katherine Street, Sandown, Sandton |
Auction Opens |
Thursday 23 July 2026 | @11h00 |
Auction Closes |
Monday 27 July 2026 | from 11h00 |
Lot Closing Speed | Staggered Lot 1 lot per minute from 11h00 (+ 30 second auto-extend) |
Payments Due By |
Tuesday 28 July 2026 | Close of business |
Dispatch Start Date |
Tuesday 28 July 2026 | 09h00-15h00 |
Dispatch Close Date |
Tuesday 04 August 202 | 09h00-16h00 |
⚠️ No dispatch over weekends or public holidays ⚠️ | |
**SCAM ALERT** Be aware that Tirhani Auctioneers and the Seller will never ask buyers for a holding deposit to withdraw vehicles from auction. All vehicles are sold exclusively at public auctions, not via Facebook or other social media.
REGISTRATION & FICA REQUIREMENTS
- Register on the bidding platform by clicking Register & Bid Online on the auction listing.
- You will receive an auction registration email containing the Rules of Auction, the Bidder Participation Form, and instructions for uploading required documents to the Tirhani Auctioneers FICA Portal.
- Upload all registration documentation, proof of payment of the Auction Registration Fee and FICA documentation to the Tirhani Auctioneers FICA Portal for verification by 4 PM on Friday 24 July 2026.
- By signing the Rules of Auction, you agree to all general and specific auction rules. These rules are non-negotiable.
The Rules of Auction & Bidder Participation Form document is in fillable .pdf format:
- Fill in the form using a PDF viewer or editor.
- Save it to your device and sign.
- Upload the saved document from your device to the target website or platform.
REGISTRATION FEE/DEPOSIT:
• R10 000 - this is a refundable registration deposit that is required to participate in this auction. Payment must be made via Electronic Funds Transfer (EFT) into the trust account stipulated in the Rules of Auction.
Successful bidder: the deposit will be applied as part payment towards the settlement of your invoice. Please refer to your invoice for confirmation.
Unsuccessful bidder, non-bidder, or unsuccessful registration: The deposit will be refunded to your nominated bank account within 5 (five) working days of the closure of the sale.
FICA DOCUMENTS:
• All FICA documents provided to Tirhani Auctioneers must also be provided to the Seller when collecting your asset(s).
• FICA documents to be provided as per Annexure A of the Rules of Auction and outlined in the FICA Requirement Document.
PURCHASE PRICE:
The Purchase Price for this auction is calculated as follows:
Highest Bid Amount:
• The highest bid announced by the auctioneer/online auction system at the completion of bidding.
• It is specifically recorded that all amounts listed below are excluded from the Highest Bid Amount and are payable by the purchaser in addition thereto.
PURCHASE COSTS | |
The highest bid amount excludes VAT, commission/buyer’s premium.
These are added to the invoice where applicable | |
VAT |
15% on highest bid & commission/
buyer’s Premium |
Commission/Buyer’s Premium |
15% plus VAT on the highest bid per lot |
Administration Fee |
No Administration Fee |
Winning Multiple Lots:
If you win multiple lots, a single invoice will be issued for all successful bids. You may not select specific lots to claim individually.
Sold Subject to Confirmation (STC):
Some lots may be sold subject to seller confirmation, regardless of the online bid amount.
REMINDER: ALL FICA DOCUMENTS PROVIDED TO TIRHANI AUCTIONEERS MUST ALSO BE PROVIDED TO THE SELLER WHEN COLLECTING YOUR ASSET(S).
HOW BIDDING WORKS
Reserve Price:
This auction operates 'With Reserve'. If you are the highest bidder but the reserve price is not met, the seller is not required to complete the sale. The auctioneer can accept lower bids as instructed by the seller.
The Auctioneer reserves their right to accept or refuse the bid of any bidder should they be unable to satisfy any of the above notices or the Rules of Auction and FICA requirements.
Tirhani Auctioneers may place bids during the auction to protect the reserve price, per section 45 (4) of the CPA.
Extended Bidding:
This auction features EXTENDED BIDDING. Any lot with a bid within 1 minute of its scheduled closing time will remain open for bids past its normal close; it will go into extended bidding.
Max Bidding:
Your maximum bid is placed at the reserve price if it exceeds the reserve. If below the reserve, the full amount is placed. The system auto-bids the system set increments up to the reserve, then stops. If you are the highest bidder, the lot will be sold to you, unless another bidder outbids you.
Technical Issues:
In the event there are technical difficulties related to the server, software, Internet or any other online auction-related technologies, Tirhani Auctioneers reserve the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Tirhani Auctioneers shall be liable for missed bids or the failure of the software to function properly for any reason.
NOTICE TO BIDDERS
1. These assets are sold “voetstoots”, “as is”, “where is”.
2. Neither the Seller nor the Auctioneer has any duty to repair.
3. The asset description as provided by the Auctioneer is not conclusive. It is the bidder's responsibility to make sure that the asset specifications are correct.
4. The bidder must set their price based on their own assigned value to the asset.
5. It is the bidder's responsibility to inspect the asset and ensure that the actual condition of the asset is known. The viewing day is provided for the bidders to get access to the assets to ascertain the actual condition.
6. Subject to the provisions of clause D (3) (3.7) of the Rules of Auction therein, buyers participating at Tirhani Auctioneers' auctions bid at their own risk and are advised to inspect the goods/property on offer prior to the commencement of the auction in accordance with sub-regulation 28(5) of the CPA.
7. Collections are subject to payment reflecting in our bank account.
8. Considering the provisions of clause F (5) (5.6) of the Rules of Auction therein, bidding for an asset Tirhani Auctioneers’ online auctions shall be taken as tacit proof and confirmation that the bidder has inspected the asset and is satisfied with its condition.
9. Do not bid for any asset at Tirhani Auctioneers’ online auctions unless you have inspected it and you are satisfied with its condition. If you bid for an asset and are declared the highest bidder and purchaser of the asset, please note that no returns will be entertained thereafter, irrespective of the claim.
For more information on how our auctions work and documentation required, visit our FAQ or Information pages.
FOR MORE INFORMATION CONTACT:
Stacy-Lee Campbell Customer Liaison |
082 327 4580 |
Vutomi Jones Bidding System Queries & Support |
082 327 4578 |
Robyn Brown Invoicing Queries |
079 305 3809 |
Percy Vuma FICA Queries |
065 979 6998 |
To participate in this online auction, complete and submit all required documents by 4PM on the cut-off date on the Tirhani Auctioneers FICA Portal.
By signing the Rules of Auction and Bidder Participation Form, you the bidder/buyer consent and agree to be bound by the Auctioneers General and Specific Rules of Auction in addition to any other conditions specified by the Auctioneer or the Seller. These Rules of Auction are not negotiable, so if you do not agree with them do not register to bid on this auction.
This auction is 'With Reserve'. Although you may be the ‘High Bidder’ for a Lot, note that if the Reserve is not met, there is no commitment from the Seller to sell. Tirhani Auctioneers reserve the right to extend bidding, continue the bidding, or close the bidding. Control of the auction shall be entirely managed by the auctioneer, who has the sole right to regulate the bidding process and control the bid increments. The auction will be conducted per rising bid in South African Rands.
