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CHAMDOR – JOHANNESBURG COMMERCIAL PROPERTY 7 ADCOCK STREET, CHAMDOR, KRUGERSDORP Property Information Locality Property Description Tenancy Property Images PROPERTY INFORMATION 7 ADCOCK STREET, CHAMDOR, KRUGERSDORP General Property Address Erf 198 7 Adcock Street, Chamdor, Krugersdorp Title Deed Information Title Deed Number T9569/2009 Registered Owners Geerlings Property Investment PTY (Ltd) Title Deed Description Portion 0 of Erf 198, Chamdor Ext. 1 Registered Extent 8568m² Extent of Improvements ± 2500m² Municipal Information Municipality Mogale City Local Municipality Zoning Commercial Monthly Property Rates R5 623.50 LOCALITY 7 ADCOCK STREET, CHAMDOR, KRUGERSDORP The subject property is situated in Adcock Street and is has a huge passing clientele which makes the property ideal for retail. Chamdor is one of six operational industrial nodes within the Mogale City Local Municipality and is located north-east of the town of Kagiso. The Chamdor industrial node is the largest industrial node in the Mogale City Local Municipality, comprising 259 Ha in extent. The Chamdor industrial node is located along a major movement spin (Chamdor Road / R558), connecting the node with the R41 moving in an east-west direction. The R558 connects Chamdor with Soweto to the south; and Krugersdorp to the north. The R41 links Chamdor with the City of Johannesburg to the south, and Randfontein to the west, serving as an important provincial movement spine. Latitude & Longitude for the site: -26.162033/27.804643 PROPERTY DESCRIPTION 7 ADCOCK STREET, CHAMDOR, KRUGERSDORP DESCRIPTION OF IMPROVEMENTS: Improvements: Main Warehouse with 15 Ton Overhead Crane comprising of: • Reception with 4x Offices • Boardroom • Ladies Toilet • Kitchen • Upstairs Storeroom • Bond Storeroom • Mezzanine Floor Next Warehouse attached to the Main Warehouse with 5 Ton Overhead Crane (±724m²), comprising of: • Office • 2x Changerooms • Generator Room • 3 x Storerooms • 2x Bond Storerooms • Mezzanine Floor General Information: • 150 Amps, 3 phase power with transformer room 150m away • Approximately 2500m² floor space under roof • High roof with insulation • 5 Ton crane in rear workshop • 15 Ton crane in front workshop (optional to remain) • Drop proof front concrete floor with metal shaving surface • Multiple store rooms • 3x Sets of change rooms • HPS OVERHEAD LIGHTING • Motorized roller doors • 12ft Steel fencing front and back • +/- 5000m² land for development • Two mezzanine floors for storage 100mm concrete slabs, I-Beam supported. • Electric cable reticulated to many points in preparation for more DB Boards • Optional generator connected with AMF • Container docking platform under roof • Lage yard able to turn super links and space for a second entrance gate • Plans drawn and optional steel structure available for an additional 1000m² up to 2000m² Primary Use: Commercial Condition: The building recently had a facelift on the street side and is in a good state of repair. The roof has no leaks. Tenancy: The subject property is currently occupied by Geerlings Machinery. There is currently no rental contract in place and is occupied on a month to month basis. Monthly Rates & Taxes estimate: R5 623.50 CONDITIONS OF SALE: Confirmation Period: The property will be sold subject to a 7 (Seven) working day confirmation period. Deposit: 5% Deposit on the hammer price, payable immediately after the fall of the hammer. Commission: 10% Buyers Commission immediately after the fall of the hammer. Possession & Occupation: On Registration of Transfer, unless otherwise agreed to by the parties in writing. Occupational Rent: Occupational rent shall be payable at a rate to be agreed to in writing by both parties. Transfer: Transfer of the property shall be passed by the Sellers Attorneys. Electric Certificate of Compliance: The Seller to provide the Sellers Attorneys, prior to possession or transfer by the PURCHASER whichever is the earlier with a Certificate of Compliance in respect of the PROPERTY as well as Electric Fence Installation (if applicable) as required by the Electrical Installation Regulations. The Certificate shall be issued by an Electrical Contractor registered in terms of the regulations. PROPERTY IMAGES 7 ADCOCK STREET, CHAMDOR, KRUGERSDORP .