Fourways Waterford Office Park – A-Grade Offices in Prime Location Total GBA - ± 627m²

28 Sheringham Drive

Tuesday, 25 August 2020 @ 12h00 Houghton Golf Club – Osborn Road, Houghton, Johannesburg Letta Molefe | 074 155 7591 | [email protected]

Version 1: 21 July 2020 LM

Offices in Secure Business Park - (), Johannesburg

Index

Disclaimer, Auction Information and Terms & Conditions Page 3

Property Images Page 4

Executive Summary & Key Investment Highlights Page 6

General Information Page 7

Locality Information Page 8

Property Description Page 10

Building Plans Page 13

Levy Statement Page 14

Rates Statement Page 15

Surveyor General Diagram Page 17

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Offices in Secure Business Park - Maroeladal (Fourways), Johannesburg

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.

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Auction Information Deposit 5% of the bid price Commission 10% plus 15% VAT thereon of the bid price Confirmation period 2 Business Days

Rules of auction and conditions of sale are available at www.aucorproperty.co.za/

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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.

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Offices in Secure Business Park - Maroeladal (Fourways), Johannesburg

Property Images The boundary lines are not drawn to scale and have been drawn for illustrative purposes only The boundary lines are not drawn to scale and have been drawn for illustrative purposes only

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Offices in Secure Business Park - Maroeladal (Fourways), Johannesburg

Property Images

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Offices in Secure Business Park - Maroeladal (Fourways), Johannesburg

Executive Summary &

Key Investment Highlights

Street Address: Waterford Estates Office Park: 28 Sheringham Drive, Maroeldal, GPS Coordinates: -26.0254, 27.9879

Registered Land Size: 1,212m² Zoning: Special' - See the zoning confirmation attached to this brochure Assessment Rates & Levies: R 12 692,61 / month - excluding consumption charges and city levies.

See from page 11 for full detalils The improvements on the subject property comprise of a double-storey Accommodation: office building with a basement parking.

Approx. Total Gross Building Area:

Occupation: The property will be sold with vacant occupation on transfer.

Advantageously located in the vibrant economic hub of Fourways () with ease of access to Cedar Road and Witkoppen Road - both of which are major throughfares through the greater Fourways area. Key Investment Highlights: The prime location in the centre of Fourways allows ease of access to service offerings including , Cedar Square, Montecasino, Fourways Crossing and Life Fourways Hospital, to name a few, all in very close proximity to the subject property.

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.

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Offices in Secure Business Park - Maroeladal (Fourways), Johannesburg

General Information Street Address Unit 28 Sheringham Drive, Waterford Estate - Maroeladal (Fourways), Johannesburg GPS Coordinates -26.0254, 27.9879 ______

Title Deed Information

Title Deed Number T161098/2007 Registered Owner Phase 2 C D S Inv Pty Ltd Title Deed Description Erf 729 Maroeladal Ext 27 City of Johannesburg Registered Erf Size 1 212m² Title Deed Conditions A copy of the Title Deed is on hand and will be made available upon request. ______Municipality Information

Municipality City of Johannesburg Metropolitan Municipality

Rates and Levies Excluding consumption charges and city levies. Based on the tax invoices for the June 2020 billing period. The levy statement is attached to this brochure. Rates invoices are on hand and will be provided to bona fide purchasers upon request. 2017 / 2018 Municipal Rates 2017 / 2018 2017 / 2018 Erf Exclusion Rebate Monthly Rates Valuation Category Tariff Annual Rates (Annual ÷12) R - R - R -

729 R 7 560 000 Business N/A N/A 0,0201470 R 152 311,32 R 12 692,61 R - R - R - Total Property Rates Payable per Month R 12 692,61 Note:

Due to the nature and extents of the improvements spanning all three erven, the properties are, for all intents and purposes, valued and invoiced as a single property as is evident from the tax invoice as received from the Municipality. ______

Zoning Information Zoning' Special' (A copy of the zoning certificate has been requested and will be provided upon our receipt thereof) Amendment Scheme To be verified Permitted Uses (per amendment scheme) TBC Coverage TBC Floor Area Ratio TBC Height Restriction TBC Building Lines TBC Parking As per scheme* *City of Johannesburg Land Use Scheme, 2018 – a copy of the scheme will be made available upon quest.

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Offices in Secure Business Park - Maroeladal (Fourways), Johannesburg

Locality Information Macro Locality The subject property is situated in the sought-after office park known as Waterfall Office Park in the heart of an established suburb of Fourways, known as Witkoppen. Witkoppen, as well as the broader Fourways area, is a fast developing commercial and residential hub in the north of Johannesburg. The main access routes to Fourways are off the -highway at the /William Nicol Drive, or alternatively along the /Witkoppen Road. Although Fourways is constantly abuzz with activity, its position on the outskirts of the metropolis makes it a gateway to the countryside, abundant with rolling hills and game parks to enjoy both the urban offerings and wildlife attractions of Johannesburg. Fourways is bordered by Bryanston to the east and south, while lies to the west. Additionally, Fourways is conveniently located near Sandton, which is considered the financial hub of . The subject property is easily accessed by means of a number of major and secondary routes, being advantageously located between Cedar Road and William Nicol Drive and in very close proximity to Cedar Square, Fourways Mall, Montecasino and Fourways Crossing. GPS coordinates for the sites are as follows: -26.0254, 27.9879

Image Data: Google, AfriGIS (Pty) Ltd, DigitalGlobe

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Offices in Secure Business Park - Maroeladal (Fourways), Johannesburg

Locality Information Information Micro Locality

The Buzz Buzz The

Shopping Centre Shopping

ImageData: Google, AfriGIS Ltd, (Pty) DigitalGlobe

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Offices in Secure Business Park - Maroeladal (Fourways), Johannesburg

PropertyLocality Description Information Approximate Boundaries

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Offices in Secure Business Park - Maroeladal (Fourways), Johannesburg

Property Description

Accommodation The subject of properties forms a part of the Waterford Office Park, a well-established business park hosting several full title office buildings of similar design and general configuration.

The property comprises a free-standing double storey office building, a parking lot hosting a number of shade-net parking bays and access-controlled basement parking bays.

The main entrance is access-controlled and opens onto a core platform that provides a secondary access-controlled entrance to the ground floor office, as well as hosts the staircase leading directly to the access-controlled entrance door of the first-floor office. Each platform includes separate male and female ablution facilities.

The two (2) floors feature a similar floorplan, each hosting reception areas, boardrooms, shared office spaces and multiple private offices configured and optimized for a serviced office letting, by way of a combination of dry wall and glass partitioning.

The first floor additionally hosts a server room which can be converted to storage or additional office space.

Each floor is serviced by a shared kitchenette and ablution facilities, as well as a storeroom and a server room on the first floor.

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Additional Features The buildings include the following additional features:

• Multiple access-controlled entrances to the various internally configured units/office areas • Covered parking (basement, open and shade-net parking options) • 24/7 Security. • Air-conditioning units installed in the facility. • Access to high speed fibre internet • Fire protection installations including fire hoses and extinguishers throughout • Convenient coffee shop within the park offering free delivery to offices. ______Construction The building is constructed of face brick structural walls with rendered and painted brick wall inset in places under pitched tile roofing.

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Offices in Secure Business Park - Maroeladal (Fourways), Johannesburg

Property Description

Fixtures and Finishes Each floor feature generally similar fixtures and finishes. The finishes are a combination of ceramic tile, wood laminate and carpeted flooring under suspended ceiling boards fitted with lightboxes and downlights in places. ______Utilities All services are supplied by the City of Johannesburg Metropolitan Municipality. ______Gross Lettable Area Approx GBA (m²) Area Description Ground floor 276,9 First-Floor 350 Total Gross Building Area 627 Areas not included in GBA Basement Parking 73 Notes: Gross Building Areas are an estimate based on a combination of on- site and aerial photograph measurements taken along the outer building walls and includes internal penetrations such as staircases and platforms, passageways, voids, etc. but excludes balconies.

______Parking 4 x Basement Parking Bays; 6 x Open Bays; 11 x Shade-net Bays Total parking provided: 21 parking bays ______Perimeter The property is located within a secure office park enclosed by a palisade fence topped with electric fencing throughout. ______Occupation The property will be sold with vacant occupation on transfer. ______Condition The building appears to be in good condition and offers excellent curb appeal with ongoing repairs and maintenance required. No structural survey of the buildings has been undertaken nor have tests or inspections of service installations been arranged. 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.

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Offices in Secure Business Park - Maroeladal (Fourways), Johannesburg

Building Plans

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Offices in Secure Business Park - Maroeladal (Fourways), Johannesburg

Levy Statement

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Offices in Secure Business Park - Maroeladal (Fourways), Johannesburg

Rates Statement

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Offices in Secure Business Park - Maroeladal (Fourways), Johannesburg

Rates Statement

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Offices in Secure Business Park - Maroeladal (Fourways), Johannesburg

Surveyor General Diagram

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Offices in Secure Business Park - Maroeladal (Fourways), Johannesburg

Surveyor General Diagram

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Offices in Secure Business Park - Maroeladal (Fourways), Johannesburg

Surveyor General Diagram

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Offices in Secure Business Park - Maroeladal (Fourways), Johannesburg

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