LUXURY FOR SALE

BY HOME AUCTION 43 ROWNHAM ROAD,

WEB#: AUCT-000307 | www.in2assets.com ADDRESS: 43 Rownham Road, Queensburgh AUCTION VENUE: The Country Club, Isaiah Ntshangase Road, Durban AUCTION DATE & TIME: 25 October 2016 | 11h00 VIEWING: By Appointment CONTACT: Selvi Howitz | 074 863 3683 | 031 574 7600 | [email protected] REGISTRATION FEE: R 50 000-00 (Refundable Bank Guaranteed Cheque) AUCTIONEER: Andrew Miller

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. The Rules of Auction contain the registration requirements if you intend to bid on behalf of another person or an entity. The above property is subject to a reserve price and the sale by auction is subject to a right to bid by or on behalf of the owner or auctioneer.

CONTENTS 43 ROWNHAM ROAD, QUEENSBURGH 1318 Old North Coast Road, Avoca

CPA LETTER 2

PROPERTY DESCRIPTION 3

PROPERTY LOCATION 4

PICTURE GALLERY 5

ADDITIONAL INFORMATION 8

TERMS AND CONDITIONS 9

SG DIAGRAM 10

ZONING CERTIFICATE 11

TITLE DEED 12

BUILDING PLANS 15

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.

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CPA LETTER 43 ROWNHAM ROAD, QUEENSBURGH 1318 Old North Coast Road, Avoca

In light of the Consumer Protection Act which came into effect on 1 April 2011, 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.

Should you require any further assistance or have any questions or queries, please do not hesitate to contact us.

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PROPERTY 43 ROWNHAM ROAD, QUEENSBURGH 1318DESCRIPTION Old North Coast Road, Avoca

General

Property Address 43 Rownham Road, Escombe Township & Province: Queensburgh, KwaZulu Natal

Title deed information

Title Deed Number: T19273/2006 Registered Owner: Kogie Moodley Family Trust Title Deed Description: Erf 1693 Queensburgh Extent: 2 942 m²

Municipal information

The local authority in which the property is situated is the eThekwini Municipality. According to the permitted zoning scheme the property is zoned as follows:

Town Planning Information

Zoning: Special Residential 1 F.A.R: 0.3 Coverage: 30% Height: 2 Storeys Building Lines: 7.5m Side Space: 2.0m Rear Space: 3.0m Parking Requirements: Depends on use

Comment: The property is subject to a road servitude as per the Title Deed and Zoning Certificate.

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PROPERTY 43 ROWNHAM ROAD, QUEENSBURGH 1318LOCATION Old North Coast Road, Avoca

The subject property is located in Escombe, a suburb of Queensburgh approximately 20km West of Durban in the Greater Durban Metropolitan Area.

The property fronts onto Rownham Road, a quiet and peaceful road that is surrounded by medium to upmarket type residential dwellings and sectional title duplexes. It has easy access to the Main Road of Malvern. The M7 Main Arterial Road is easily accessible which in turn links to the National Freeway in the east. To the west, the M7 links to Hansdettman Highway which carries traffic to commercial and industrial businesses to the north (, New Germany & Westmead) and the Chatsworth Township to the south.

All modern amenities are found within the suburb of Malvern, which also forms part of the township of Queensburgh. A police station and other emergency services are found on the Main Road to Malvern.

SUBJECT PROPERTY: 43 Rownham Road, Queensburgh

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PICTURE 43 ROWNHAM ROAD, QUEENSBURGH 1318GALLERY Old North Coast Road, Avoca

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PICTURE 43 ROWNHAM ROAD, QUEENSBURGH 1318GALLERY Old North Coast Road, Avoca (Continued)

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PICTURE 43 ROWNHAM ROAD, QUEENSBURGH 1318GALLERY Old North Coast Road, Avoca (Continued)

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ADIITIONAL 43 ROWNHAM ROAD, QUEENSBURGH

1318INFORMATION Old North Coast Road, Avoca

Primary use

The property comprises of a modern and attractive double storey residential home with basement garage parking. It boasts fixtures and fittings of superior quality and impressive architectural designs.

Entrance and exit driveways surrounded by paved yard lead to the drop off zone at the entrance. Landscaped and irrigated gardens surround the rear of the property.

The home features 4 en-suite bedrooms, 3 lounges (plus 4 forming part of the TV & entertainment), gourmet kitchen with scullery & pantry, study rooms, TV lounges, dining rooms, prayer room and prayer hall, entertainment rooms, basement granny flat, basement workshop and lock up basement parking for 14 vehicles. All bedrooms open out to balconies which overlook the infinity pool and outside entertainment areas. Bedrooms are fitted with built in cupboards and some have walk in closets. The spacious bathrooms feature creative designs, fittings and fixtures.

This mega-mansion has all the comforts, back yards, swimming pool, skylights, Jacuzzi, multiple living space and entertainment areas. The property is fully automated. This sizeable dwelling is undoubtedly one of the most beautiful examples of residential architecture.

The property is subject to a servitude of road as per the Title Deed and SG Diagram.

Accommodation Details

The gross building area measures approximately:-

Ground: 455 m² First Floor: 292 m² Lower ground floor (garage): 194 m² 941 m²

The above extents was obtained from copies of the existing building plans provided by the seller.

Lease Details

The property is currently owner occupied and will be sold with vacant occupation.

Expenses

The assessment rates for the year 2016/2017 amounts to R13 029.60, which equates to a monthly figure of R1 085.80

The current rates figure provided is based on municipal land value only.

Vat Status

Transfer Duty will be payable.

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TERMS & 43 ROWNHAM ROAD, QUEENSBURGH

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 payable by the Purchaser on the fall of the hammer  24 Hour Confirmation period – 26 October 2016 @ 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 Name : Standard Bank Account Name : In2assets Properties (Pty) Ltd Account No. : 050022032 Branch Name : Kingsmead Branch code : 040026

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SG DIAGRAM 43 ROWNHAM ROAD, QUEENSBURGH

1318 Old North Coast Road, Avoca

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ZONING 43 ROWNHAM ROAD, QUEENSBURGH

1318CERTIFICATE Old North Coast Road, Avoca

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TITLE DEED 43 ROWNHAM ROAD, QUEENSBURGH

1318 Old North Coast Road, Avoca

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TITLE DEED 43 ROWNHAM ROAD, QUEENSBURGH (Continued) 1318 Old North Coast Road, Avoca

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TITLE DEED 43 ROWNHAM ROAD, QUEENSBURGH (Continued) 1318 Old North Coast Road, Avoca

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BUILDING PLANS 43 ROWNHAM ROAD, QUEENSBURGH

1318 Old North Coast Road, Avoca

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BUILDING PLANS 43 ROWNHAM ROAD, QUEENSBURGH (Continued) 1318 Old North Coast Road, Avoca

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BUILDING PLANS 43 ROWNHAM ROAD, QUEENSBURGH (Continued) 1318 Old North Coast Road, Avoca

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1318 Old North Coast Road, Avoca

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1318 Old North Coast Road, Avoca

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