Starts 7 December 2022 at 10am








77 Murchison Street, Ladysmith

 Ends 8 December 2022 at 3pm

Timed Online Auction
Mnambithi TVET College and Various Matters


7 Dec 2022 9am-3pm
Registration Closes:
9am on day of auction
Releasing & Collection Date:
9 Dec 2022
Viewing Venue:
77 Murchison Street, Ladysmith

For more information contact:
082 532 8896 / 011 440 5663

To register and bid online, create an online profile at

Visit > click create profile > fill in form with your details> upload FICA documents on profile > then send POP to > wait for registration sms. 


Terms & Conditions:
Register online by sending REFUNDABLE DEPOSIT R5 000 + FICA (ID & PROOF OF ADDRESS) to It is compulsory that buyers submit FICA documents via email for registration. Use ID as reference for payment. The rules of auction comply with Section 45 of the Consumer Protection Act, Act 68 of 2008. Please ensure all your documentation is sent back for verification to

Bidders must adhere to FICA requirements on registration and each bidder has to comply with the below as part of their registration:
1. SA ID – copy and proof of address no older than 3 months

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. The sellers shall be entitled to instruct the auctioneer to accept a lower bid. The Auctioneers reserve the right to refuse or accept the bid of any bidder should they be unable to satisfy any of the above notices or the Rules of Auction.

Please note that if you are the successful bidder on more than one lot, you will be invoiced for all your successful bids. You cannot choose or select which lots you will take!

MAX BIDDING: When you place your maximum bid, it will be placed at the reserve price if said max bid exceeds the reserve. If the Max Bid amount is below the reserve, the bid will be placed for the full amount. The ‘System’ will automatically bid against you at the set increment until reserve is met, at which point the system will stop. If you are the highest bidder, the lot will be sold to you, unless another bidder out bids you.

TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software, Internet or any other online auction-related technologies, Riley Auctioneers reserve the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software, nor Riley Auctioneers shall be held responsible for a missed bid or the failure of the software to function properly for any reason.