13 Dolphin Crescent, Ballito Well Positioned Residential

WELL POSITIONED RESIDENTIAL HOME 13 DOLPHIN CRESCENT, BALLITO WEB#: AUCT-000633 | www.in2assets.com ADDRESS: 13 Dolphin Crescent, Ballito AUCTION VENUE: The Durban Country Club, Isaiah Ntshangase Road, Durban AUCTION DATE & TIME: 18 April 2018 | 11h00 VIEWING: By Appointment CONTACT: Luke Hearn | 071 351 8138 | 031 574 7600 | [email protected] REGISTRATION FEE: R 50 000-00 (Refundable Bank Guaranteed Cheque) AUCTIONEER: Andrew Miller CONTENTS 13 DOLPHIN CRESCENT, BALLITO 1318 Old North Coast Road, Avoca CPA LETTER 2 PROPERTY DESCRIPTION 3 PROPERTY LOCATION 4 PICTURE GALLERY 5 ADDITIONAL INFORMATION 9 TERMS AND CONDITIONS 10 SG DIAGRAM 11 TITLE DEED 13 BUILDING PLANS 22 RULES OF AUCTION & COS 24 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 3: 16.04.2018 1 CPA LETTER 13 DOLPHIN CRESCENT, BALLITO 1318 Old North Coast Road, Avoca 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. Version 3: 16.04.2018 2 PROPERTY 13 DOLPHIN CRESCENT, BALLITO 1318DESCRIPTION Old North Coast Road, Avoca General Property Address: 13 Dolphin Crescent, Ballito Township & Province: Ballitoville, KwaZulu-Natal Title deed information Title Deed Number: T69536/2003 Registered Owner: Hemanth Rajkumar Singh Title Deed Description: Erf 799 Ballitoville Extension 1 Extent: 1 240 m² Municipal information The local authority in which the property is situated is the KwaDukuza Municipality. According to the permitted zoning scheme the property is zoned as follows: Town Planning Information Zoning: Residential Only Detached 6 (RODE 6) F.A.R: 0.35 Coverage: 30% Height: 2 Storeys Building Lines: 7.5M Side: 2M Rear: 2M Parking: 1 garage space, or covered parking per dwelling and 1 garage space or covered parking per additional self-contained unit. Version 3: 16.04.2018 3 PROPERTY 13 DOLPHIN CRESCENT, BALLITO 1318LOCATION Old North Coast Road, Avoca The property is situated within the residential area of Ballito and is approximately 1 km from the beach. Ballito is situated approximately 29 km from King Shaka International Airport and approximately 55 km from Durban. Ballito has grown exponentially in recent times and offers fantastic family adventure attractions such as the crocodile farm and microlight flights and tours. It is a holiday destination with hotels and self-catering accommodation, swimming and surfing beaches. A promenade about 2.5 kilometers long along the beach front allows for walking and jogging. In recent years, there has been a population boom in Ballito. Various secure or gated estates, the largest being Zimbali followed by Simbithi, have been built in and around the town. Many new hotels and resorts have opened, drawing even more tourists into this picturesque part of the KwaZulu-Natal coast. Plans are currently on the table for new schools to be constructed, a new town centre, a taxi rank, and a larger clinic. The main entrance to Ballito from the N2 National Road has been upgraded, with the construction of a multi level interchange to ease traffic, the widening of the road to four lanes in Ballito Drive, and proper pedestrian walkways. Ballito contains all necessary modern amenities, with two shopping malls within the area namely the Lifestyle Centre and the Ballito Junction. Alberlito Hospital and The Seaforth Private College and Medical Centre are also within the immediate area. SUBJECT PROPERTY: 13 Dolphin Crescent, Ballito Version 3: 16.04.2018 4 PICTURE 13 DOLPHIN CRESCENT, BALLITO 1318GALLERY Old North Coast Road, Avoca Version 3: 16.04.2018 5 PICTURE 13 DOLPHIN CRESCENT, BALLITO 1318GALLERY Old North Coast Road, Avoca (Continued) Version 3: 16.04.2018 6 PICTURE 13 DOLPHIN CRESCENT, BALLITO 1318GALLERY Old North Coast Road, Avoca (Continued) . Version 3: 16.04.2018 7 PICTURE 13 DOLPHIN CRESCENT, BALLITO 1318GALLERY Old North Coast Road, Avoca (Continued) Version 3: 16.04.2018 8 ADDITIONAL 13 DOLPHIN CRESCENT, BALLITO 1318INFORMATION Old North Coast Road, Avoca Primary use This spectacular executive 3 storey residential dwelling has been built to high standards and enjoys excellent position in the sought after area of Ballitoville on the North Coast. The property is ideally situated for a bed and breakfast as it lies just 1 Km from the beach, however special consent will be required for B & B usage. The ground floor consists of a center entrance / reception area with 2 single garages on either side with one of the single garages having a storage area at the rear. There are 2 tastefully designed staircases which lead to the first floor. The first floor is made up of a spacious lounge with wrap around balcony, a large open plan dining room and kitchen / living space / entertainment room adjacent to the kitchen and a large en-suite bedroom. The kitchen is fitted with high end built-in units, a hob and extractor fan. The spacious upstairs level is accessed via 2 staircases and offers four en-suite bedrooms. The en-suite of the main bedroom has an open plan design and consist of a corner tub and shower with a separate toilet. Yard improvements include a paved front yard and wall fencing. With a rapidly growing residential population, Ballito provides the perfect playground for investors. Accommodation Details As per Building plans from the Municipality: Lower Ground Floor: 90 m2 Ground Floor: 210 m2 First Floor: 170 m2 Total: 470 m2 The Purchaser acknowledges herewith that he has fully acquainted himself with the improvements on the Property as well as the building plans and any deviations that may be applicable between the building plans and the improvements on the Property itself. The Purchaser acknowledges that he will have no claims against the Seller or the Auctioneer in respect hereof. Lease Details The property is currently vacant and will be sold with vacant occupation. Expenses The assessment rates for the year 2017/2018 amounts to R21 206.46, which equates to a monthly figure of R1 927.86 Vat Status Transfer Duty is payable. Version 3: 16.04.2018 9 TERMS & 13 DOLPHIN CRESCENT, BALLITO 1318CONDITIONS Old North Coast Road, Avoca 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 plus 15 % Vat payable by the Purchaser on the fall of the hammer • 24 Hour Confirmation period – 19 April 2018 @ 17h00 • 45 Day Guarantee Period • Possession on Registration of Transfer • Electrical, Entomologist and Gas Certificates for the SELLERS 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 Version 3: 16.04.2018 10 SG DIAGRAM 13 DOLPHIN CRESCENT, BALLITO (Continued) 1318 Old North Coast Road, Avoca Version 3: 16.04.2018 11 SG DIAGRAM 13 DOLPHIN CRESCENT, BALLITO (Continued) 1318 Old North Coast Road, Avoca Version 3: 16.04.2018 12 TITLE DEED 13 DOLPHIN CRESCENT, BALLITO 1318 Old North Coast Road, Avoca Version 3: 16.04.2018 13 TITLE DEED 13 DOLPHIN CRESCENT, BALLITO

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