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Along R104 (Samora Machel Drive)

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Along R104 (Samora Machel Drive) West Acres Prime Industrial Facility with Major Road Exposure Nelspruit Gross Lettable Area ±3,297m2 (Seller Supplied) Along R104 (Samora Machel Drive) Wednesday, 27 May 2020 @ 12h00 Houghton Golf Club – Osborn Road, Houghton, Johannesburg Paulo Vinhas | 076 151 3390 | [email protected] Draft Version 4: 3 April 2020 NvV Industrial Facility with Office Component –– West Acres, Nelspruit Index Disclaimer, Auction Information and Terms & Conditions Page 3 Property Images Page 4 Executive Summary & Key Investment Highlights Page 7 General Information Page 8 Locality Information Page 9 Property Description Page 11 Approved Building Plans Page 14 Lease Summary Page 18 Projected Gross Annual Income Summary Page 19 Projected Gross Annual Income Page 20 Rent Roll Page 21 Rates Statements Page 22 Surveyor General Diagrams Page 24 /AucorProperty www.aucorproperty.co.za 2 Industrial Facility with Office Component –– West Acres, Nelspruit Disclaimer, Auction Information and Terms & Conditions Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither Aucor Corporate (Pty) Ltd T/A Aucor Property 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 negligence or otherwise of Aucor Corporate (Pty) Ltd T/A Aucor Property or the Seller/s or any other person. ________________________________________________________________________________________________________ Auction Information Deposit 5% of the bid price Commission 10% plus 15% VAT thereon of the bid price Confirmation period 7 Business Days Rules of auction and conditions of sale are available at www.aucorproperty.co.za/ ________________________________________________________________________________________________________ Terms & Conditions R50 000 refundable deposit (strictly bank guaranteed cheque or cash transfer only). Bidders must provide original proof of identity and residence on registration. No cash will be accepted at the auction. No exceptions. All bids are exclusive of VAT. Aucor Property may bid up to reserve on behalf of the sellers. Subject to change without notification. Auctioneer: Pieter Geldenhuys. /AucorProperty www.aucorproperty.co.za 3 Industrial Facility with Office Component –– West Acres, Nelspruit Property Images Aerial Imagery Central Nelspruit /AucorProperty www.aucorproperty.co.za 4 Industrial Facility with Office Component –– West Acres, Nelspruit Property Images Office Component /AucorProperty www.aucorproperty.co.za 5 Industrial Facility with Office Component –– West Acres, Nelspruit Property Images Warehouse Component /AucorProperty www.aucorproperty.co.za 6 Industrial Facility with Office Component –– West Acres, Nelspruit Executive Summary & Key Investment Highlights Along Samora Machel Drive (R104) - West Acres, Nelspruit Street Address: (Mbombela) GPS Coordinates: -25.463660, 30.951980 (to main entrance gate) Ptn 2 of Erf 1517: 1,8899ha / 18,899m²; Ptn 3 of Erf 1517: 4,367m² Registered Land Sizes: Total Combined Land Size: 23,266ha / 23,266m² Zoning: 'Special' - Awaiting zoning confirmation from Council. R 13,321.87 / month combined - excluding consumption charges Assessment Rates: and city levies See from page 12 for full accommodation details Improvements on the subject property feature a large industrial Accommodation: flex building with a rectangular footprint and an ancillary double- storey office component. Approx. Gross Lettable Area: ±3,297m² (Seller Supplied) Area Description GBA (± m²) Industrial Component Workshop 1 755 First Floor Canteen / Offices 111 2 075 Workshop Receiving/Dispatch Offices 209 (western perimeter) Office Component Ground Floor 470 940 First Floor 470 Approx. Total Gross Building Area: Other Wash Bay 106 Guard House 20 176 External Storeroom 50 Total Approximate Gross Building Area 3 191 Notes: The Gross Building Areas are approximates based on a combination of approved building plans, as well as on-site and aerial photograph measurements taken along the outer walls of built structures and includes internal penetrations such as staircases, passageways and atriums but excludes temporary structured mezzanine areas. Occupation: The property is let to a single tenant. See from page 18 for details. Expansive purpose-built industrial facility with office component in a prominent logistics hub of Mbombela, which is the economic hub of the region, anchoring industries and servicing markets as far as Bushbuck Ridge, as well as Maputo and Swaziland (these regions being located to the north and south of Mbombela respectively). Key Investment Highlights: Advantageously located along the major regional arterial being Samora Machel Drive (R104) which provides ease of access to the nearby N4 highway and connect the locality to the greater Mbombela region and beyond. Ample yard and manoeuvering space available on the site. Well equipped workshop with 12 roller shutter doors, two deep lubrication pits and a break roller. Equipment, machinery and installations, whether or not included or Exclusions: referred to in this brochure, are property of the tenant and excluded from this sale. By bidding on this property, the purchaser acknowledges that he has acquainted himself with the extent and the nature of the property he is buying, and that he accepts the property as such. /AucorProperty www.aucorproperty.co.za 7 Industrial Facility with Office Component –– West Acres, Nelspruit General Information Street Address Along Samora Machel Drive (R104) - West Acres, Nelspruit (Mbombela) GPS Coordinates -25.463660, 30.951980 (to main entrance gate) ________________________________________________________________________________________________________ Title Deed Information Title Deed Number T9306/2014 Registered Owner Capital Propfund 2 (Pty) Ltd. Title Deed Descriptions Portions 2 & 3 of Erf 1517, West Acres Extension 13 Registered Land Sizes Ptn 2 of Erf 1517: 1,8899ha / 18,899m²; Ptn 3 of Erf 1517: 4,367m² Total Combined Land Size: 23,266ha / 23,266m² Title Deed Conditions A copy of the Title Deed is on hand and will be made available to bona fide purchasers upon request. Servitudes Both portions are subject to a servitude, 2m wide, in favour of the local authority for sewerage and other municipal purposes along any two boundaries other than a street boundary. ________________________________________________________________________________________________________ Municipality Information Municipality City of Mbombela Local Municipality Rates Excluding consumption charges and city levies. Based on the Tax Invoice for the February 2020 billing period - see a copy attached to this brochure for these and other charges. 2020 / 2021 Municipal Rates 2020 / 2021 2020 / 2021 Erven Exclusion Rebate Monthly Rates Valuation Category Tariff Annual Rates (Annual ÷12) Portion 2 R 9 972 000 Business N/A N/A 0,0155700 R 155 264,04 R 12 938,67 Portion 3 R 443 000 Other N/A N/A 0,0103801 R 4 598,40 R 383,20 Total Rates Payable per Month: R 13 321,87 ________________________________________________________________________________________________________ Zoning Information Zoning Special* - awaiting zoning confirmation from Council Permitted Uses To be verified Coverage Restriction 50%/11,633m² or 1.1633ha ** Height Restriction Two (2) storeys Floor Area Ratio N/A Building Lines 6m from street boundaries, 2m side and back boundaries, 16m from N4/7 Parking Requirements 2,5 bays per 100m² office space excl. kitchens and toilets * Based on the Seller supplied Schedule of Rights, as included on the approved building plan(s). ** Calculation based on the combined erf size. /AucorProperty www.aucorproperty.co.za 8 Industrial Facility with Office Component –– West Acres, Nelspruit Locality Information Macro Locality The subject site is advantageously located on the eastern outskirts of the City of Mbombela with frontage onto and access from the main road, Samora Machel Drive (R104) and forms part of the established suburb of Nelspruit known as West Acres. Nelspruit is the hub of the region and thus the node is a key logistics hive servicing the region between Bushbuck Ridge to the north and eSwatini and Maputo to the south. The node has thus been optimized with a variety of logistics infrastructure, which comprises a well-developed and maintained road network and the railroad passing through the suburb, as well. The locality is well-serviced by a network of major and secondary roads, with the prime frontage onto Samora Machel Drive allowing ease of access to the city centre and the nearby N4 highway, connecting the suburb to the greater city of Mbombela and beyond. The immediate area is defined by a mixed-use character, with specialised service offerings including the I’langa Mall and the Mpumalanga High Court located nearby. All major municipal and general amenities are available in the area. GPS coordinates for the property are as follows: -25.463660, 30.951980 (to main entrance gate) Nelspruit Central Image Data: Google, AfriGIS (Pty) Ltd, DigitalGlobe /AucorProperty www.aucorproperty.co.za 9 Industrial Facility with Office Component –– West Acres, Nelspruit Locality LocalityInformation Information Micro Locality Nelspruit Central Vintonia DigitalGlobe Ltd, (Pty) AfriGIS Google, Data: Image /AucorProperty www.aucorproperty.co.za 10 Industrial Facility with Office Component –– West Acres, Nelspruit Locality
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