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Property Prospectus

Property Prospectus

HENTIESHELF 1045 CC (IN LIQUIDATION) MASTER’S REFERENCE NUMBER G998/2018

PROPERTY PROSPECTUS

REMAINING EXTENT OF PORTION 93 OF THE FARM ROODEKRANS NO 183 IQ ,

EXTENT OF LAND: 3.3540 HECTARE (33 540 SQUARE METRES)

AUCTION: TUESDAY 1 DECEMBER 2020 AT 11:00am

Auctioneer: Roy Lazarus; Clive Lazarus; Nic Techmann

Unit Number 10, Ferndale Mews North, Cnr Oak & Dover Road, Ferndale, , 2194 Tel: (011) 789-4375 Fax: (011) 789-4369

CONTENTS

1. Disclaimer ...... 2 2. Conditions of Sale ...... 3 3. Property Description ...... ………………………….. 4 a. The Stand b. The Improvements c. Municipal Information 4. Attachments ...... …………………………... 5 - 14

DISCLAIMER

Whilst all reasonable care has been taken to provide accurate information, neither Village Auctions nor the Seller/s guarantee the accuracy of the information and neither will be held liable for any loss or damages resulting from any errors or omissions in the information herein provided, whether due to the negligence or otherwise of Park Village Auctions or the Sellers or any other person.

Whilst all reasonable care has been taken to provide accurate information, neither Park Village Auctions nor the Seller/s guarantee the accuracy of the information

CONDITIONS OF SALE

Deposit: 15% of the Purchase Price payable on the day of the auction

Commission: Buyer’s commission of Six (6%) plus VAT payable on the day the auction

Confirmation Period: Fourteen (14) Business Days from date of signature

Occupation: Occupation is on the registration of transfer of the property into the Purchaser’s name

Risk, Control & Insurance: The sole risk and control and benefit in and to the property shall, unless otherwise agreed in writing and signed by both parties, pass to the Purchaser on receipt of Guarantees and from that date, the Purchaser shall be liable for all imposts levied on the property, inclusive of and without limiting the generality hereof, all municipal rates and taxes, licences and other official and/or municipal and consumable charges.

Transfer Duty / VAT: Transfer Duty or VAT Payable on the Purchase amount (NOT BOTH)

FOR MORE INFORMATION PLEASE CONTACT: Carol

Whilst all reasonable care has been taken to provide accurate information, neither Park Village Auctions nor the Seller/s guarantee the accuracy of the information

PROPERTY DECRIPTION

TITLE DEED NUMBER: T60231/2003

REGISTERED EXTENT OF STAND: 3.3540 Hectares (33 540 Square Metres)

DESCRIPTION: A vacant, unimproved residential stand located against the Northern slope of the Roodekrans Ridge overlooking the North Western suburbs of such as Ruimsig, Poortview AH and Willowbrook.

LOCATION: The subject property is situated at Stand Number 93 Totius Road, Poortview Agricultural Holdings (Ruimsig), Roodepoort, Gauteng Province at GPS co- ordinates; -26.100521, 27.858542 Access to the stand is from Totius Road (Poortview AH) via Doreen Road which effectively incorporates the stands as forming part of Poortview / Ruimsig rather than forming part of Roodekrans. The Poortview AH and Ruimsig areas West of Hendrik Potgieter Road comprises mostly middle to upper income residential small holdings.

DESCRIPTION: THE STAND: The stand is located on the Northern slope of the Roodekrans Ridge. The Roodekrans Ridge form part of the , Roodepoort, Krugersdorp ridge which extends roughly South East to North West East from the Johannesburg suburbs of Northcliff and Florida to Krugersdorp. The stand is roughly rectangular in proportion with the shorter perimeter bordering the front Portion 158 (Portion of Portion 93) and Portion 159 (Portion of Portion 93) with the longer perimeters of the stand extending up towards the ridge extending along the back of the property. Located above the stand, on the adjacent Portion 189 and Portion 94 at the top of the ridge, are two large communications towers.

SERVITUDE ACCESS: Access to the subject stand is via a paved Servitude access road extending from Totius Road across the front subdivided Portions 159, 158, 157 & 156 (Portions of Portion 93)

Whilst all reasonable care has been taken to provide accurate information, neither Park Village Auctions nor the Seller/s guarantee the accuracy of the information

GAUTENG RIDGE POLICY: Development along the Northcliff, Roodepoort, Krugersdorp ridge is governed by the Gauteng Ridge Policy. The Northcliff, Roodepoort, Krugersdorp ridge is categorized as Class 3 ridge and in terms of the Ridge Policy, any development activities and uses along ridge that have a high environmental impact will NOT be permitted. Subject to written approval from the City of Johannesburg Town Planning Department, low impact development activities, such as tourism facilities, which comprise of an ecological footprint of 5% or less of the property may be permitted. (The ecological footprint includes all areas directly impacted on by a development activity, including all paved surfaces, landscaping, property access and service provision).

TOPOGRAPHY: The topography of the stand is uneven, with a fairly steep incline from the front of the property towards the ridge exiting along the back of the property.

SURFACE COVER: Pickable soil, rock, wild grass, bush and trees.

SOIL CONDITIONS: The area is fairly rocky. Please Note: No geo-technical survey was undertaken to determine the exact composition of the soil.

SERVICES: Municipal services are available upon application

BOUNDARY: The back and side perimeters of the stand is unbound with the sections bordering the neighbouring front Portion 158 (Portion of Portion 93) and Portion 159 (Portion of Portion 93) bound by the fencing of the two properties.

RATES AND TAXES: Account Number: 555266336 Monthly Rates: R 4 351.86

Whilst all reasonable care has been taken to provide accurate information, neither Park Village Auctions nor the Seller/s guarantee the accuracy of the information

GIS MAP

Whilst all reasonable care has been taken to provide accurate information, neither Park Village Auctions nor the Seller/s guarantee the accuracy of the information

WINDEED

WinDeed Property Report

Name ROODEKRANS, Number 183, Portion 93 REGISTERED PROPERTY DETAILS Property Type FARM Diagram Deed T9030/965 Farm Number 183 Registered Size 3.3540H Portion Number 93 Municipality CITY OF JOHANNESBURG Farm Name ROODEKRANS Province GAUTENG Registration Division IQ Coordinates (Lat/Long) -26.100521 / 27.858542 Deeds Office PRETORIA

OWNER DETAILS Owner 1 of 1 Person Type COMPANY Title Deed T60231/2003 Name HENTIESHELF 1045 CC Purchase Date 2003/02/26 Registration Number 200106281723 Purchase Price (R) 850,000 Share (%) - Registration Date 2003/05/27

MAPS

PROPERTY INFORMATION Address - Primary Use - Estate -

Whilst all reasonable care has been taken to provide accurate information, neither Park Village Auctions nor the Seller/s guarantee the accuracy of the information

SG DIAGRAMS

Whilst all reasonable care has been taken to provide accurate information, neither Park Village Auctions nor the Seller/s guarantee the accuracy of the information

Whilst all reasonable care has been taken to provide accurate information, neither Park Village Auctions nor the Seller/s guarantee the accuracy of the information

Whilst all reasonable care has been taken to provide accurate information, neither Park Village Auctions nor the Seller/s guarantee the accuracy of the information

Whilst all reasonable care has been taken to provide accurate information, neither Park Village Auctions nor the Seller/s guarantee the accuracy of the information

Whilst all reasonable care has been taken to provide accurate information, neither Park Village Auctions nor the Seller/s guarantee the accuracy of the information

PHOTOGRAPHS

Whilst all reasonable care has been taken to provide accurate information, neither Park Village Auctions nor the Seller/s guarantee the accuracy of the information

NOTES ______

Whilst all reasonable care has been taken to provide accurate information, neither Park Village Auctions nor the Seller/s guarantee the accuracy of the information