This property is being sold through the Modern Method of Auction, a process where the buyer and seller agree to complete the sale within a set timeframe. In this case, the Reservation Period is 56 days, during which time the buyer must complete the purchase. The property is being sold as-is, with no warranties or guarantees, and the buyer is responsible for conducting their own due diligence and inspections. The sale is subject to the usual auction terms and conditions, and the buyer must pay a non-refundable deposit of 10% of the purchase price to secure the property.