Tag Archives: Progressive Administration

The Late Herman Pretorius’ Welgemoed Family Home to Go Under ClareMart‘s Hammer

5 Aug

Author: Property Wheel

Publications: Property Wheel

Date Published: 04 August 2014

The luxury fully furnished designer family home belonging to the wife of the late Herman Pretorius, who was implicated for his involvement in various hedge fund investment schemes, will be presented for public auction by the ClareMart Auction Group on site in Welgemoed on Friday, August 15 at 12 noon. This final auction of Pretorius linked properties is that of 26 Van De Graaf Street, which forms part of the Insolvent Estate of Mrs Susan Ann Pretorius and is instructed by Progressive Administration.

“Our Group has been instructed to sell various properties associated with Pretorius, his family and his companies and began the process of winding up the various matters in 2013, starting with the much publicized auction of the family’s Voelklip beach house in Hermanus. We then proceeded to auction with a Claremont apartment in Liquidation which was associated with Pretorius and his RZT Zelpy 4005 (Pty) LTD company, and we are now finally to dispose of the Welgemoed estate, to be vacated by Mrs Pretorius at the end of July” says Group Chief Executive Officer, Jonathan Smiedt.

The multi-level fully automated and integrated four bedroom home is situated atop the Welgemoed crest and offers spectacular views from almost every vantage point and was architecturally and interior designed by a leading South African based firm. “The Avant-garde villa styled modern masterpiece boasts a marble entrance hall with water feature which leads on to an open plan living area comprising two lounges and two dining areas” says Smiedt. The state of the art fully fitted kitchen which is to be sold equipped with all the Siemens appliances is complimented by marble counter tops.

For entertainment there is a home theatre with a large flat screen audio visual system, complete with Bose surround sound speakers and the unique residence boasts a wine cellar. Fitness and leisure pursuits are catered for by an equipped gymnasium with sauna as well as an outdoor extra length rim flow swimming pool. “The pool is located on a wraparound marble patio which is complimented by a bathroom and which enjoys an open braai area” says Smiedt. Upstairs is accessed via a glass and marble staircase and comprises three en-suite bedrooms as well as a fourth master bedroom with dressing area all of which lead on to a wraparound balcony with views of the immaculately landscaped gardens and mountains beyond.

Further features of this singular home which has an estimated replacement value in excess of R20million, include an en-suite flatlet and for convenience there is a storage area, a double garage and all-call air phone with speakers. “Security has been given paramount importance and the residence is protected by electric fencing and an alarm system with CCTCV” adds Smiedt.

The luxurious and exclusive property as well as all of its tasteful, sophisticated and well-appointed furnishings, fixtures and fittings will be on show on Sunday, August 3 from 2pm to 5pm and Sunday, August 10 from 2pm to 5pm. The auction will take place on-site on Friday, August 15 at 12 noon and for information contact Andrew Koch or Twane Scholes on 021 425 8822 or visit http://www.claremart.co.za

Pretorius moet sê oor interdik

21 Aug

Author: Marelize Barnard

Publications:  Die Burger

Date Publiched: 21 Augustus 2013

KAAPSTAD. – Het Herman Pretorius se weduwee geweet dat ’n interdik verontagsaam word toe miljoene rande se aandele ná haar man se dood verkwansel is om haar eie regskostes te betaal?

Dit is die vraag wat Susan-Ann Pretorius moet beantwoord wanneer sy vandag ’n sekwestrasie-aansoek teen haar in die Wes-Kaapse hooggeregshof beveg. Haar regspan kan dalk lig werp oor die bewering dat ’n groot getal Wesizwe-aandele verkoop is ten spyte daarvan dat dit strydig kon wees met ’n hofbevel.

Lambertus von Wielligh Bester van Progressive Administration, ’n mede-kurator van Pretorius se beleggingstrust (Relative Value Arbitrage Fund), voer in ’n beëdigde verklaring aan dat aandele verkoop is nadat ’n interdik op 9 Oktober verlede jaar verkry is wat Susan-Ann verhinder om enige bates te vervreem.

Maar Susan-Ann voer in haar beëdigde verklaring aan dat die opbrengste uit die verkoop ………

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Fierce Bidding for Luxury Voelklip beach holiday villa of the late Herman Pretorius

26 Apr

Author: Property Wheel

Publications: Property Wheel

Date Published: 26 April 2013

“Our Group received joint instruction by Mr C F Bester of Progressive Administration and Ms S A M Daneel of Independent Corporate Recovery Advisors, to proceed to auction with this premier sea front designer home and all of its luxurious and décor appointed contents and the record crowd and highly competitive bidding on the day bears testimony to not only the notoriety of the previous owner but also the unique and desirable appeal of the home” says Group Chief Executive Officer, Jonathan Smiedt who conducted the auction.
“We had an unexpected turn out of over two hundred members of the public attending the auction as well as media journalists from various publications, one of …..

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Pretorius se ‘web van sake’ ontrafel

12 Apr

Author: Marelize Barnard

Publications:  Die Burger

Date Publiched: 12 April 2013

KAAPSTAD. –Wyle Herman Pretorius het “beslis geld oorsee weggesteek”.

Pretorius, wie se spog-vakansiehuis op Hermanus vanmiddag opgeveil word, het nié net beleggers se geld gebruik om verskeie eiendomme te koop nie, maar hy het talle bankrekeninge oorsee gehad om geld in te versteek.

Só het Lambertus von Wielligh Bester van Progressive Administration, ’n mede-kurator van Pretorius se beleggingstrust (Relative Value Arbitrage Fund), gister gesê, en verduidelik dat geld oorsee in verskeie entiteite én Pretorius se eie naam belê is.

“Ons doen heelwat ondersoekwerk en gee aandag aan Pretorius se buitelandse bankrekeninge. Ons volg die geld tot in Europa.”

Bester het gesê die kurators is bewus van ’n “paar entiteite” in ander lande waarheen …..

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