LENASIA PROPERTPY AURCTION PERTY AUCTION Ridge Mansion 8 Bedrooms with Distinctive Features Sauna, Entertainment Area, 3 Bedroom Flatlet

Portion 31 of ERF 1795 PRICED TO SELL - KEEN SELLER

BID LIVE VIA WEBCAST

Auction Date: Tuesday 18 August 2020 @ 11:30 AM Venue: ONLINE WEBCAST AUCTION – www.whauctions.com Viewing: By appointment only subject to Covid-19 Regulations

Contact for further info:

WH Auctioneers Properties (PTY) Ltd

578 16th Road, Randjespark, Midrand Sergio Ferreira

Tel: 0115745700 Cell: 072 826 4855 • Email: [email protected] The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all www.whsaleus carteisounbjesc.tctoamminimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.

Page | 1 WATERKLOOF RIDGE AUCTION

8 Bedroom Mansion With Distinctive Features

Index

1. Guideline for the Auction Page 3

2. General Page 6

3. Title Deed Information Page 6

4. Locality Page 6 & 7

5. Property Description Page 8 & 9

6. Site Pictures Page 10 & 11

The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.

Page | 2 WATERKLOOF RIDGE AUCTION

8 Bedroom Mansion With Distinctive Features

1. GUIDELINE FOR THE AUCTION

BIDDING OPTIONS: 1. WEBCAST BIDDING (PROCEDURE BELOW)

Auction Date & Venue: Thursday 25 June 2020 at 10:30 am –Webcast Bidding Registration: Bidders can register at any time prior to auction by contacting the auction house. Identity and FICA documents are required in order to register for the auction.

All potential buyers are required to pay a registration fee of R50 000 in order to bid at the auction. This amount can be paid either by bank guaranteed cheque or EFT into the Auctioneer’s trust account. Cash will NOT be accepted at the venue.

Once registered each buyer will be issued with a buyer’s card reflecting a buyer’s number.

Upon signature of the registration documents, all buyers will have acknowledged and accept the Terms and Conditions set out in the Rules of Auction.

Registration Fee: 50 000.00 (Refundable to unsuccessful bidders) Deposit: 21.75% of hammer price Confirmation period: 5 Business days. Balance of the purchase price payable within 21 business days after confirmation of sale.

The bid price excludes the buyer’s premium which is payable over and above the purchase price.

Example: Highest bid with buyer’s premium Bid Price: R 1 000 000 Buyers comm. (10%) R 100 000 15% VAT on the Buyer’s Premium R115 000 Total Purchase Price R 1 115 000 The auctioneers have the right to regulate the bidding at the auction and to bid on behalf of the seller up to (but not exceeding) the reserve price as mandated by the seller. When the auctioneer knocks down the property to the highest bidder the successful bidder will sign the Conditions of Sale on the day.

A deposit of 21.75% is payable on the fall of the hammer. This percentage is made up of the commission payable by the successful bidder of 10% plus VAT (namely,5.75%) plus a 10% deposit on the purchase price of the Property.

The deposit is payable by way of a Bank Guaranteed cheque or electronic transfer. The deposit and buyer’s premium are deposited into the WH Auctioneers Trust account.

For queries regarding the properties on auction contact: Sergio Ferreira: 072 826 4855 WH Auctioneers offices: 011 574 5700

The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.

Page | 3 WATERKLOOF RIDGE AUCTION

8 Bedroom Mansion With Distinctive Features

The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.

Page | 4 WATERKLOOF RIDGE AUCTION

8 Bedroom Mansion With Distinctive Features

The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.

Page | 5 WATERKLOOF RIDGE AUCTION

8 Bedroom Mansion With Distinctive Features

2. GENERAL

Property Address: 315A Aquila Street, Waterkloof Ridge

Por/Erf & Suburb & City: Portion number 67 of ERF 1795, Waterkloof Ridge,Tshwane

3. TITLE DEED INFORMATION

Deeds Office: City of Tshwane

Title Deed No. T62683/2003 Erf Size: 2006m² Building Size: 900m²

4. LOCALITY

Waterkloof Ridge ( for "Water Ravine") is a suburb of the city of , , located to the east of the city centre. It is named after the original farm that stood there when Pretoria was founded in the 19th Century. Waterkloof is a highly sought-after area and has some of the city's most expensive real estate, including hilltop homesteads on Edward and Victoria Streets with views of Pretoria. Like many areas of the city, its streets are lined with jacaranda trees. Many streets are named after British royalty; the main thoroughfares are Crown Avenue, which links Waterkloof with the affluent suburb of Brooklyn to its north, and Albert Street, which runs East-West between the neighbouring areas of Menlo Park and .

Several ambassadorial residences are located in Waterkloof. It is the home of soprano Mimi Coertse, and the location of the upmarket Dube-house in the film Tsotsi. Pretoria Country Club, which has an eighteen-hole golf course, is also located in the area.

The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.

Page | 6 WATERKLOOF RIDGE AUCTION

8 Bedroom Mansion With Distinctive Features

The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.

Page | 7 WATERKLOOF RIDGE AUCTION

8 Bedroom Mansion With Distinctive Features

5. DESCRIPTION OF IMPROVEMENTS

The house is a multi - level structure offering excellent functionality, space and entertainment features as can be noted

below:

Bedrooms consists of the following:

8 Bedrooms in total, the rooms are all massive in size with built in cupboards throughout

The main bedroom with en-suite bathroom, full walk through closet. Situated on the upper level of the property

The en-suite bathroom has a a spa bath, double vanity, shower and bidet

3 bedrooms are situated upstairs with. The upstairs level has a large skylight which adds to the levels overall natural lighting

Guest bedroom is situated downstairs, a lovely north facing room with a sliding door

The additional bedrooms all consist of build in cupboards and are large in size

Main house features include:

A large kitchen which is in need of some TLC and a modern touch. Central breakfast nook and scullery

Pantry

Lounge and dining area with good functionality and natural lighting. A fireplace

Private and spacious office with glass close in doors

Large tiles cover most of the houses floor space, air conditioning throughout the internals

Entrance hall

Externals include:

The property has 2 entrances, the 1 being the main entrance gate which gives access to the garages and driveway, the second being the small gate which is ideal for deliveries etc

4 Garages in total, double garage as well as 2 individual garages. If you have a 2x Ferrari’s they will fit

The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.

Page | 8 WATERKLOOF RIDGE AUCTION

8 Bedroom Mansion With Distinctive Features

The outdoor patio consists of a large but manageable swimming pool, Jacuzzi and a sit down built in fire place

Outdoor Pergola with a seating arrangement which can sit approximately 10/15 people with a stunning chandelier

The entertainment space includes a large built structure which includes a built gas fire and braai area, own kitchen and toilet + Sauna. Ideal space and offering excellent functionality for an owner who likes to entertain

2 stunning water features

Separate patio area which is secluded from the main entertainment section of the property

Lockroom and storage

Full maids quarters with its own kitchen

The flatlet included:

3 full bedrooms (2 entrances) with a kitchen, cupboard space and dining area/TV room.

Security:

Electric fencing, alarms, beams, high walls, fully secure and safe.

The street also has a permanent guard on site. Pergola

Fire pit

Sauna, gas and braai area

The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.

Page | 9 WATERKLOOF RIDGE AUCTION

8 Bedroom Mansion With Distinctive Features

6. SITE PHOTOGRAPHS

The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.

Page | 10 WATERKLOOF RIDGE AUCTION

8 Bedroom Mansion With Distinctive Features

The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.

Page | 11 WATERKLOOF RIDGE AUCTION

8 Bedroom Mansion With Distinctive Features

The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.

Page | 12 WATERKLOOF RIDGE AUCTION

8 Bedroom Mansion With Distinctive Features

The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and notice is given that all sales are subject to a minimum reserve unless otherwise stated. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.

Page | 13