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For Sale Auction DISTINGUISHED FOR SALE BOUTIQUE HOTEL BY MAKARANGA AUCTION LODGE, 1A IQWABABA ROAD, KLOOF WEB#: AUCT-000234 | www.in2assets.com ADDRESS: Makaranga Lodge, 1A Iqwababa Road, Kloof, Kwa-Zulu Natal AUCTION VENUE: The Durban Country Club, Isaiah Ntshangase Road, Durban AUCTION DATE & TIME: 23 August 2016 | 11h00 VIEWING: By Appointment CONTACT: Carl Kleinhans| 082 467 5664 | 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. CONTENTS MAKARANGA LODGE, 1A IQWABABA ROAD, KLOOF 1318 Old North Coast Road, Avoca CPA LETTER 2 PROPERTY DESCRIPTION 3 PROPERTY LOCATION 6 PROPERTY LAYOUT 7 PICTURE GALLERY 8 MUNICIPAL INFORMATION 27 ADDITIONAL GALLERY 28 SITE LAYOUT DIAGRAMS 30 TERMS AND CONDITIONS 32 DISCLAIMER: Whilst all reasonable care has been taken to provide accurate information, neither 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. Version 2: 15.06.2016 1 CPA LETTER MAKARANGA LODGE, 1A IQWABABA ROAD, KLOOF 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 endeavor 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. Version 2: 15.06.2016 2 PROPERTY MAKARANGA LODGE, 1A IQWABABA ROAD, KLOOF 1318DESCRIPTION Old North Coast Road, Avoca General Property Address: Makaranga Lodge, 1A Iqwababa Road Township & Province: Kloof, KwaZulu Natal Title deed information – Property 1 Title Deed Number: T779/2002 Registered Owner: Makaranga Charitable Trust Title Deed Description: Erf 1467 Kloof Extent: 6 682 m² Title deed information – Property 2 Title Deed Number: T779/2002 Registered Owner: Makaranga Charitable Trust Title Deed Description: Portion 2 of Erf 1478 Kloof Extent: 4 439 m² Title deed information – Property 3 Title Deed Number: T779/2002 Registered Owner: Makaranga Charitable Trust Title Deed Description: Portion 3 of Erf 1478 Kloof Extent: 1 800 m² Title deed information – Property 4 Title Deed Number: T779/2002 Registered Owner: Makaranga Charitable Trust Title Deed Description: The Remainder of Erf 1828 Kloof Extent: 1 801 m² Version 2: 15.06.2016 3 PROPERTY MAKARANGA LODGE, 1A IQWABABA ROAD, KLOOF 1318DESCRIPTION Old North Coast Road, Avoca NATAL (continued) Title deed information – Property 5 Title Deed Number: T779/2002 Registered Owner: Makaranga Charitable Trust Title Deed Description: The Remainder of Erf 1970 Kloof Extent: 3 897 m² Title deed information – Property 6 Title Deed Number: T779/2002 Registered Owner: Makaranga Charitable Trust Title Deed Description: Erf 2151 Kloof Extent: 5, 1882 Hectares Title deed information – Property 7 Title Deed Number: T779/2002 Registered Owner: Makaranga Charitable Trust Title Deed Description: Erf 2705 Kloof Extent: 6 139 m² Title deed information – Property 8 Title Deed Number: T779/2002 Registered Owner: Makaranga Charitable Trust Title Deed Description: The Remainder of Erf 3018 Kloof Extent: 1, 2890 Hectares Title deed information – Property 9 Title Deed Number: T779/2002 Registered Owner: Makaranga Charitable Trust Title Deed Description: Erf 3288 Kloof Extent: 3, 0396 Hectares Total Extent: 11, 9926 Hectares (29. 6343 Acres) Version 2: 15.06.2016 4 PROPERTY MAKARANGA LODGE, 1A IQWABABA ROAD, KLOOF 1318DESCRIPTION Old North Coast Road, Avoca NATAL (continued) Title deed information – Property 10 Title Deed Number: T35358/2003 Registered Owner: Terry Flack Title Deed Description: Portion 3 of Erf 1479 Kloof Extent: 3 488 m² Total Extent of all 10 Properties: 12, 3414 Hectares (30.4962 Acres) Version 2: 15.06.2016 5 PROPERTY MAKARANGA LODGE, 1A IQWABABA ROAD, KLOOF 1318LOCATION Old North Coast Road, Avoca Makaranga is a privately owned garden located within the suburb of Kloof. It is positioned north and adjacent to the King Cetshwayo Highway (M13). Kloof forms part of the Outer West region and is set approximately 25 kilometres north-west of Durban Central. This node is positioned at the top of Fields Hill. The subject property forms part of an upmarket node along Iqwababa Road. Iqwababa Road runs adjacent and parallel to the M13, offering excellent exposure to passing traffic and easy access. A unique location surrounded by well-established residential suburbs. The property is bound by various residential roads namely Wuhutu Crescent, Itendele Road, Uplands Road and Iqwababa Road. The location provides a tranquil environment and enjoys easy access to major arterial routes. The main vehicular access to the property is from Iqwababa Road which is accessed from the M13 via Everton Road. The Kloof Country Club is within a short distance as well as various shopping centres including the Kloof Village Mall. There are many excellent schooling facilities in the area which includes Thomas More College, St. Mary’s Diocesan and Kloof High School. SUBJECT PROPERTY: Makaranga Lodge, 1A Iqwababa Road, Kloof, KwaZulu Natal Version 2: 15.06.2016 6 PROPERTY MAKARANGA LODGE, 1A IQWABABA ROAD, KLOOF 1318LAYOUT Old North Coast Road, Avoca The below layout map is numbered in accordance to details and pictures from page 8 to page 15 and page 19. PICTURE Version 2: 15.06.2016 7 PICTURE MAKARANGA LODGE, 1A IQWABABA ROAD, KLOOF 1318GALLERY Old North Coast Road, Avoca 1. Pedestrian Entrance / Footpath to Reception This lodge is one of a few national hospitality establishments with Universal Accessibility grading (AU). Rocky, impassible mini waterfalls with spectacular greenery surround pathways that eventually surrounded by koi ponds with brightly coloured varieties. There is a covered drop off zone outside the main reception area. Beautiful stoned sculptures lead the way from the car park to the reception area. Version 2: 15.06.2016 8 PICTURE MAKARANGA LODGE, 1A IQWABABA ROAD, KLOOF 1318GALLERY Old North Coast Road, Avoca (continued) 2. Main Lodge - Reception, Lounges, Restaurants and Kitchens The large welcoming reception area leads to a relaxing lounge and an open patio for dining. The indoor Nonna restaurant with its exotic atmosphere is perfect for any occasion. A wine cellar with an adult lounge bar is positioned viewing the kitchen. A Deli and the kids play area are also positioned nearby. Version 2: 15.06.2016 9 PICTURE MAKARANGA LODGE, 1A IQWABABA ROAD, KLOOF 1318GALLERY Old North Coast Road, Avoca (continued) Version 2: 15.06.2016 10 PICTURE MAKARANGA LODGE, 1A IQWABABA ROAD, KLOOF 1318GALLERY Old North Coast Road, Avoca (continued) 3. Main Lodge – East Wing This single storey block comprises 11 spacious bedrooms and ensuites that consists of superior fixtures and fittings. All bedrooms open out to balconies enjoy the views of the gardens. Four of the 11 bedrooms can be utilized as family rooms as they have inter-leading doors. Administration offices are also positioned along the passage. Version 2: 15.06.2016 11 PICTURE MAKARANGA LODGE, 1A IQWABABA ROAD, KLOOF 1318GALLERY Old North Coast Road, Avoca (continued) 4. Main Lodge – West Wing The West Wing Block has its own access from the main driveway with under cover parking available.
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