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Fourways Waterford Office Park – A-Grade Offices in Prime Location Johannesburg 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 - Maroeladal (Fourways), 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 /AucorProperty www.aucorproperty.co.za 2 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. ________________________________________________________________________________________________________ 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/ ________________________________________________________________________________________________________ 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 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 /AucorProperty www.aucorproperty.co.za 4 Offices in Secure Business Park - Maroeladal (Fourways), Johannesburg Property Images /AucorProperty www.aucorproperty.co.za 5 Offices in Secure Business Park - Maroeladal (Fourways), Johannesburg Executive Summary & Key Investment Highlights Street Address: Waterford Estates Office Park: 28 Sheringham Drive, Maroeldal, Sandton 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 (Witkoppen) 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 Fourways Mall, 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. /AucorProperty www.aucorproperty.co.za 6 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 Gauteng 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. /AucorProperty www.aucorproperty.co.za 7 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 N1-highway at the R511/William Nicol Drive, or alternatively along the R564/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 Randburg lies to the west. Additionally, Fourways is conveniently located near Sandton, which is considered the financial hub of South Africa. 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 /AucorProperty www.aucorproperty.co.za 8 Offices in Secure Business Park - Maroeladal (Fourways), Johannesburg Locality Information Information Micro Locality The Buzz Buzz The Shopping Centre Shopping Image Data: Google, AfriGIS Ltd, (Pty) DigitalGlobe /AucorProperty www.aucorproperty.co.za 9 Offices in Secure Business Park - Maroeladal (Fourways), Johannesburg PropertyLocality Description Information Approximate Boundaries N g GIS Image Data: City Johannesbur of /AucorProperty www.aucorproperty.co.za 10 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. ________________________________________________________________________________________________________ Additional Features The buildings
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