Historical National Landmark Property St Elmo's, Umzumbe, Kwa Zulu-Natal

HISTORICAL NATIONAL LANDMARK ON PROPERTY

AUCTION ST ELMO’S, UMZUMBE, KWA ZULU-NATAL SOUTH COAST

WEB#: AUCT-000099 | www.in2assets.com ADDRESS: St Elmo’s, Golf View Road, Umzumbe, KwaZulu-Natal South Coast AUCTION VENUE: The Durban Country Club, Isaiah Ntshangase Road, Durban AUCTION DATE & TIME: 12 November 2015 | 11h00 VIEWING: By Appointment CONTACT: Rainer Stenzhorn | 082 321 1135 | 031 574 7600 | [email protected] REGISTRATION FEE: R 50 000-00 (Refundable Bank Guaranteed Cheque) AUCTIONEER: Andrew Miller

The Rules of Auction can be viewed at www.In2assets.com or at Unit 504, 5th Floor, Strauss Daly Place, 41 Richefond Circle, Ridgeside Office Park, Umhlanga Ridge. Bidders must register to bid and provide original proof of identity and residence on registration. The Rules of Auction contain the registration requirements if you intend to bid on behalf of another person or an entity. The above property is subject to a reserve price and the sale by auction is subject to a right to bid by or on behalf of the owner or auctioneer.

ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, CONTENTS KWAZULU-NATAL SOUTH COAST 1318 Old North Coast Road, Avoca

CPA LETTER 2

PROPERTY DESCRIPTION 3

PROPERTY LOCATION 4

PICTURE GALLERY 5

ADDITIONAL INFORMATION 7

TERMS AND CONDITIONS 17

ZONING INFORMATION – THE REMAINDER OF ERF 91 UMZUMBE 18

ZONING INFORMATION - FOR THE PROPOSED SUB 2 OF ERF 91 UMZUMBE 21

SG DIAGRAMS 26

TITLE DEED 30

PROPOSED FLOOR PLANS 35

DISCLAIMER: Whilst all reasonable care has been taken to provide accurate information, neither of In2assets Properties (Pty) Ltd nor the Seller/s guarantee the correctness of the information, provided herein and neither will be held liable for any direct or indirect damages or loss, of whatsoever nature, suffered by any person as a result of errors or omissions in the information provided, whether due to the negligence or otherwise of In2assets Properties (Pty) Ltd or the Sellers or any other person. The Consumer Protection Regulations as well as the Rules of Auction can be viewed at www.In2assets.com or at Unit 504, 5th Floor, Strauss Daly Place, 41 Richefond Circle, Ridgeside Office Park, Umhlanga Ridge. Bidders must register to bid and provide original proof of identity and residence on registration.

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, CPA LETTER KWAZULU-NATAL SOUTH COAST

1318 Old North Coast Road, Avoca

In light of the Consumer Protection Act which came into effect on 1 April 2011, In2Assets would like to offer you, our valued client, the opportunity to pre-register as a bidder prior to the auction day.

South African consumers are now amongst the best protected consumers in the world and the purpose of the Act is to promote fair business practices and to protect consumers against deceptive, misleading, unfair or fraudulent conduct.

It is compulsory that all Bidders are required to present the following documentation in order to register at our auctions (without which registration cannot take place):

1. SA Identity Document;

2. Utility bill addressed to your physical address (not older than 3 months);

3. In the event of you bidding on behalf of a company, trust or close corporation in your capacity as director, trustee or member respectively, you are required to submit a letter on the Entity’s official letterhead authorizing you to bid, sign all necessary documents and effect transfer on behalf of the Entity which must be accompanied by a certified copy of the resolution by the directors, trustees or members of the entity authorizing you to do so.

4. A special Power of Attorney is required should you be bidding on behalf of another person which must expressly authorize you to bid on behalf of that person and must include a certified copy of that person’s SA Identity Document and proof of that person’s residential address not being older than 3 months.

5. Copy of Entity’s FICA Documents

6. Vat Registration Certificate

7. Income Tax Reference Number and proof of marital status

We would like to offer you an opportunity to register prior to the auction in order to avoid the time-consuming registration process as we endeavour to make this process as hassle free and efficient as possible.

Should you require any further assistance or have any questions or queries, please do not hesitate to contact us.

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, PROPERTY KWAZULU-NATAL SOUTH COAST 1318DESCRIPTION Old North Coast Road, Avoca

General

Property Address: St, Elmo’s, Golf View Road, Beachside Property, Stiebel Rocks Road Township & Province: Umzumbe, KwaZulu-Natal South Coast

Title deed information

Title Deed Number: T77758/2003 Registered Owner: Dotcom Trading 164 Pty Ltd Title Deed Description: The Remainder of Erf 91 Umzumbe Extent: 8, 2339 Hectares

Municipal information

The local authority in which the property is situated is the Hibiscus Coast Municipality. According to the permitted zoning scheme the property is zoned as follows:

Town Planning Information Zoning: Public Buildings and Administration Comments: See Permitted Uses, Consent Uses on zoning information on the pages 18, 19 & 20

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, PROPERTY KWAZULU-NATAL SOUTH COAST 1318LOCATION Old North Coast Road, Avoca

St Elmo’s is situated in Umzumbe on the East Coast of Southern Africa in the province KwaZulu-Natal which is approximate 100 kilometers from Durban and 1 kilometer from Umzumbe Beach which has an international “Blue Flag” rating. The property is situated on a hill, just off the R102 route from Hibberdene to Port Sheptone. The beaches of Umzumbe and Pumula can be safely reached by means of Road Culvert under the R102, which measures approximately 1KM from the main gate of St Elmo’s. This road culvert is wide enough for a golf cart or a narrow custom built vehicle linking St Elmo’s with the road to the beach.

St Elmo’s is comfortably accessible by:

Road: 1 Hour drive from Durban Approximately 30 minute drive Margate

By Air: King Shaka International Airport I n Durban for international and domestic flights Margate Airport for domestic flights

SUBJECT PROPERTY: St Elmo’s, Golf View Road, Beachside Property, Stiebel Rocks Road, Umzumbe, Kwa-Zulu Natal South Coast

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, PICTURE KWAZULU-NATAL SOUTH COAST 1318GALLERY Old North Coast Road, Avoca

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PICTURE ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, KWAZULU-NATAL SOUTH COAST 1318GALLERY Old North Coast Road, Avoca (continued)

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, ADDITIONAL KWAZULU-NATAL SOUTH COAST 1318INFORMATION Old North Coast Road, Avoca

Primary use

St Elmo’s was erected in stages as from 1918 until 1939 as a Catholic convent which was used as a retreat for the nuns of the Third Order of St Dominic as well as a remedial school for children with learning disabilities.

The name of St. Elmo is attributed to an Italian derivation of Saint Elmo or St. Erasmus (circa 300 A.D.), the patron saint of the early Mediterranean sailors challenging the powers of storm and sea in small sailing vessels. Legend records that when a blue light appears at mastheads before and after a storm, the seamen took it as a sign of Erasmus’s protection. This was known as "St. Elmo's fire". St. Elmo's fire has long served as an omen of heavenly intervention to sailors.

The property is subject to servitudes as per Title Deed.

The climate is typical sub-tropical with warm and humid summers and mild winters along coast. This region is a summer rainfall area with rain from November through to March. The weather in winter is on average beautiful sunny days and calm seas. Sea temperature are generally around the low 20º C.

All the rooms facing the ocean have panoramic views of the ocean. The rooms facing inland have a view of the rolling green hills of KZN. The property slopes naturally from northwest to southeast.

Existing Buildings on the Property

The buildings on the property are of significant architectural and heritage value and every effort should be made to ensure that the integrity and facades of the buildings be retained as far as reasonably possible. The development on the property is over sixty years old and any alterations and extensions to most of the buildings would be in terms of the provisions of the Heritage Act of 1997 which requires AMAFA approval.

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, ADDITIONAL KWAZULU-NATAL SOUTH COAST 1318INFORMATION Old North Coast Road, Avoca

Layout of Existing Buildings on Subject Property

Buildings 6, 7, 8 and 11 have already been partly demolished. Building 9 (127m²) which used to be the house of the Pastor can be temporarily used for accommodation for construction personnel.

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, ADDITIONAL KWAZULU-NATAL SOUTH COAST 1318INFORMATION Old North Coast Road, Avoca

Number of building as Description of building type and potential use Floor per diagram area (m²)

Building 1 Single storey building. Stores and outbuildings with ablutions +/-235

Building 2 Three-storey building. Ground floor 320 m² functions hall +/-1,535

with 1st and 2nd floor offices, meeting rooms and ablutions

Building 3 Arrangement of double storey buildings around a central +/-2,080

court yard with recessed arcuated verandas on the

southeast elevation. Ground floor: Proposed ining room,

kitchen, offices, storerooms and ablutions First Floor:

Proposed offices, meeting rooms and ablutions on all level

Building 4 Three storey building around a central court yard with +/-2,975

arcuated verandas on 1st and 2nd floors on the southeast

elevation. Proposed offices, meeting rooms and ablutions

on all levels

Buillding 5 Two and three-storey buildings around central courtyard +/-2,676

attached to large basilican church building with blind

colonnade on northeast elevation 750 m² council chambers

with proposed offices, meeting rooms, ablutions and

possible residential accommodation

TOTAL AREA +/-9,501 The provided floor plans and artist impressions have been drafted with a 6 star hotel in mind for any future developments. The above information has been provided by the seller.

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, ADDITIONAL KWAZULU-NATAL SOUTH COAST 1318INFORMATION Old North Coast Road, Avoca

Building 1 – +/- 235m²

Single storey building consisting of store rooms and outbuildings.

Building 2 – +/-1535m²

Three storey building consisting of ground floor with a previous functions hall of 320m² and first and second previous floor offices, meeting rooms and ablution facilities. Building 2 is positioned behind Building 4 with no front elevation. There is presently a linking passage from one of the floors between Building 2 & Building 4.

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ADDITIONAL ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, KWAZULU-NATAL SOUTH COAST 1318INFORMATION Old North Coast Road, Avoca

Building 3 – +/-2,080 m²

This was the first building on the property, being built in 1917/18 with high ceilings and oregan pine floors. It is an arrangement of double storey buildings around a central court yard with recessed arched verandas on the southeast elevation. The ground floor comprises previous dining room, kitchen, offices, storerooms and ablutions. First floor comprises of previous offices, meeting rooms and ablutions.

ADDITIONAL

First Dining Hall which can easily be linked with Building 2

Building 2

Building 3 Building 4

Artist’s Impressions of Renovations to Building 3

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, ADDITIONAL KWAZULU-NATAL SOUTH COAST 1318INFORMATION Old North Coast Road, Avoca

Building 4 – +/-2975m²

This is a three storey building situated around a central courtyard with verandas on the first and second floors on the southeast elevation. This used to be the old school building with previous offices, meeting rooms and ablution facilities on all levels.

Rooms with sea views towards Hibberdene from east facing windows

ADDITIONAL INFORMATION

Artist’s impression of courtyard to be renovated of Building 4

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ADDITIONAL ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, KWAZULU-NATAL SOUTH COAST 1318INFORMATION Old North Coast Road, Avoca

Building 5 – +/-2676m²

Two and three storey building around central courtyard attached to large Bascilla church with Blind colonnade on northeast elevation.

Front view of church built in 1938 by the Italian Prisoners of War which are clearly demonstrated by the architecture especially inside the church

Residential Accommodation

Top section above arches Façade of chapel cannot be which can be converted to changed without additional mezzanine floor for permission of AMAFA meeting rooms/apartments

Large windows which could be Patio overlooking the sea converted to sliding doors to walk out onto patio with sea view Bunker built by Prisoners of War which can be converted to a wine cellar

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, ADDITIONAL KWAZULU-NATAL SOUTH COAST 1318INFORMATION Old North Coast Road, Avoca

Artist’s impression of Building 5 below with comparison to the existing building above

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ADDITIONAL ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, KWAZULU-NATAL SOUTH COAST 1318INFORMATION Old North Coast Road, Avoca

Artist’s impression of front façade of Building 5 above, and below existing building

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, ADDITIONAL KWAZULU-NATAL SOUTH COAST 1318INFORMATION Old North Coast Road, Avoca

Lease Details

We have been advised by the Seller that there are approximately 6 families residing on the property, mainly for security purposes. There are no lease arrangements in place. The Seller has further advised us that these families will require 3 Month notice period to vacate the property.

We have also been advised by the Seller that there are no approved building plans that are available.

Expenses

The annual assessment rates for the year 2015/2016 amount to R 29 406.00 which equates to a monthly figure of R 2 940.60 (10 Months)

Vat Status

The Seller is not Vat registered.

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TERMS & ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, KWAZULU-NATAL SOUTH COAST 1318CONDITIONS Old North Coast Road, Avoca PARK

If you are the successful bidder kindly note the following:

 5% deposit payable by the Purchaser on the fall of the hammer  10% Auctioneers Commission + payable by the Purchaser on the fall of the hammer  7 Days Confirmation period – 19 November 2015 @ 17h00  21 Day Guarantee Period  Possession on Registration of Transfer  Electrical, Entomologist and Gas Certificates for the Purchasers account

Kindly note for EFT & Cheque payments, the following applies:

Cheques need to be made out to In2assets Properties (Pty) Ltd

EFT Payments, our trust account banking details are as follows:

Bank : Standard Bank Account Name : In2assets Properties (Pty) Ltd Account No. : 050022032 Branch Name : Kingsmead Branch code : 040026

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, ZONING KWAZULU-NATAL SOUTH COAST 1318INFORMATION Old North Coast Road, Avoca

Zoning Information – The remainder of Erf 91 Umzumbe

ZONING INFORMATION

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, ZONING KWAZULU-NATAL SOUTH COAST 1318INFORMATION Old North Coast Road, Avoca

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, ZONING KWAZULU-NATAL SOUTH COAST 1318INFORMATION Old North Coast Road, Avoca

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, ZONING KWAZULU-NATAL SOUTH COAST 1318INFORMATION Old North Coast Road, Avoca

Zoning Information for Proposed Sub 2 of Erf 91 of Umzumbe

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, ZONING KWAZULU-NATAL SOUTH COAST 1318INFORMATION Old North Coast Road, Avoca

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, ZONING KWAZULU-NATAL SOUTH COAST 1318INFORMATION Old North Coast Road, Avoca

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, ZONING KWAZULU-NATAL SOUTH COAST 1318INFORMATION Old North Coast Road, Avoca

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, ZONING KWAZULU-NATAL SOUTH COAST 1318INFORMATION Old North Coast Road, Avoca

The following information as per page 25 have been provided by the seller.

To use the property for the development of any residential accommodation i.e. hotel, apartments, retirement village etc, the PURCHASER will need to apply for rezoning to “General Commercial” under the Hibberdene Amalgamated Town Planning Scheme, January 2001 as amended in 2008.

The description of “General Commercial” is as follows”

1 2 3 4 5 USE ZONE COLOUR PURPOSES FOR WHICH PURPOSES FOR PURPOSES FOR NOTATION BUILDINGS MAY BE ERECTED WHICH BUILDINGS WHICH BUILDINGS ON AND USED AND LAND MAY BE MAY BE ERECTED MAY NOT BE SCHEME USED (REFER CLAUSE 1.7) AND USED AND ERECTED AND MAP LAND MAY BE USED AND LAND USED ONLY WITH MAY NOT BE USED SPECIAL CONSENT (REFER CLAUSE 1.8) General Dark Blue Commercial Workshop, Agricultural land Buildings and land Commercial Dwelling house, Office Creche uses not included Building, Place of Public Educational in Columns 3 and 4 Amusement, Place of Public Building, Assembly, Public Office, Recreational Residential Building, Building, Restaurant, Shop, Warehouse Health & Entertainment business

A COPY OF THE HIBBERDENE AMALGAMATED TOWN PLANNING SCHEME OF 2001, AMENDED IN 2008 IS AVAILABLE ON OUR WEBSITE.

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, SG DIAGRAM KWAZULU-NATAL SOUTH COAST 1318 Old North Coast Road, Avoca

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, SG DIAGRAM KWAZULU-NATAL SOUTH COAST 1318 Old North Coast Road, Avoca

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, SG DIAGRAM KWAZULU-NATAL SOUTH COAST 1318 Old North Coast Road, Avoca

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, SG DIAGRAM KWAZULU-NATAL SOUTH COAST 1318 Old North Coast Road, Avoca

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, TITLE DEED KWAZULU-NATAL SOUTH COAST 1318 Old North Coast Road, Avoca

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, TITLE DEED KWAZULU-NATAL SOUTH COAST 1318 Old North Coast Road, Avoca

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, TITLE DEED KWAZULU-NATAL SOUTH COAST 1318 Old North Coast Road, Avoca

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, TITLE DEED KWAZULU-NATAL SOUTH COAST 1318 Old North Coast Road, Avoca

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ST ELMO’S, GOLF VIEW ROAD, UMZUMBE, TITLE DEED KWAZULU-NATAL SOUTH COAST 1318 Old North Coast Road, Avoca

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