Braamfontein Commercial Office Space (Immediate Occupation) Gross Building Areas: ±426m2

4 Henri Street

Tuesday, 14 July 2020 @ 12h00 Online Webcast Auction Murray Lovemore | 076 237 5890 | [email protected]

Version 1: 19 June 2020 NT

Commercial Office Space - Braamfontein, 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

Rates Statement Page 13

Zoning Information Page 16

General Plan Diagram Page 18

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Commercial Office Space - Braamfontein, 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 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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Commercial Office Space - Braamfontein, Johannesburg

Property Images

Boundary lines are not to scale and are drawn for illustrative purposes only.

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Commercial Office Space - Braamfontein, Johannesburg

Property Images

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Commercial Office Space - Braamfontein, Johannesburg

Executive Summary & Key Investment Highlights

Street Address: 4 Henri Street - Braamfontein, Johannesburg GPS Coordinates: -26.1953, 28.0317

Registered Land Sizes: 249m² Zoning: 'Industrial 1' - See t he zoning confirmat ion at t ached t o t his brochure Assessment Rates: R 3,519.01 / month - Excluding consumpt ion charges and cit y levies

See from page 11 for full det ails Improvements on the subject property comprise of a double-storey office building with a square footprint. The ground floor has been configured to accommodate a Accommodation: reception area, multiple shared and private offices, ablution facilities and a kitchenette. The first floor, configured in a U-shape, features an open plan shared office area and an expansive boardroom on either side of a rooftop courtyard.

Approx GBA Area Description (m²) Ground Floor (Offices) 249.0 First Floor (Offices) 177.0 Approx. Total Gross Building Area: Total Gross Building Area 426 Not es: 1. Gross Building Areas are an est imat e based on aerial phot ograph measurement s t aken along t he out er building walls of built st ruct ures.

The property will be sold with vacant occupation upon registration Occupation: of transfer.

Vacant commercial stand/building in the vibrant epicentre of the Johannesburg CBD. Located opposite the famous Shine Studios with exposure/frontage onto the major Smit Street and located less than 300m from the South and North onramps (and ± 250m Key Investment Highlights: from the M1 South offramp). Located in a charismatic node of the City of Johannesburg characterised by a cosmopolitan population from a diverse array of backgrounds, driven largely by the students and young professionals studying and employed in the numerous major tertiary institutions and corporations based in Braamfontein.

By bidding on t his propert y, t he purchaser acknowledges t hat he has acquaint ed himself wit h t he ext ent and t he nat ure of t he propert y he is buying, and t hat he accept s t he propert y as such.

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Commercial Office Space - Braamfontein, Johannesburg

General Information Street Address 4 Henri Street - Braamfontein, Johannesburg GPS Coordinates -26.1953, 28.0317 ______Title Deed Information

Title Deed Numbers T21362/2015 Registered Owner Rockstar Trading 55 (Pty) Ltd Title Deed Description Erf 2431 Johannesburg Registered Land Size 249m² Title Deed Conditions A copy of the Title Deed is on hand and will be made available to bona fide purchasers upon request. ______Municipality Information

Municipality City of Johannesburg Metropolitan Municipality Rates & Levies Excluding consumption charges and city levies. Based on the Tax Invoice as issued by Council for the May 2020 billing period - see copies of both invoices attached to this brochure for these and other charges. 2019 / 2020 Municipal Rates 2019 / 2020 2019 / 20 Annual Exclusion Rebate Monthly Rates Valuation Category Tariff Rates (Annual ÷12) R 2 096 000 Business N/A N/A 0.0201470 R 42 228.11 R 3 519.01 ______Zoning Information

Zoning 'Industrial 1' - See zoning confirmation attached to this brochure Permitted Uses (per A/S) 'Industrial purposes, noxious industries, public garages, public or private parking areas, shops, business purposes, commercial purposes, canteen' Amendment Scheme / Annexure No. Not applicable Height See zoning information attached Floor Area Ratio 4,0 / 996m² Coverage 80% / 199.2m² Density Not specified Building Lines 1.5m in respect of ground storey only Parking Requirements As per scheme*

*Johannesburg Town Planning Scheme, 1979 - a copy is on hand and available upon request

A recent copy of the zoning certificate, to be issued in terms of the recently promulgated City of Johannesburg Land Use Scheme, 2018 has been requested and will be provided upon request.

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Commercial Office Space - Braamfontein, Johannesburg

Locality Information Macro Locality The subject property is located in the vibrant central suburb of Johannesburg known as Braamfontein. Situated just north of the Johannesburg CBD, the suburb is the seat of the Constitutional Court and a number of major corporations and institutions such as Wits University, Liberty Holdings Limited, JD Group, Sappi, Bidvest Bank and Hollard. The immediate locality of the subject property is characterised by a mixture of commercial and medium-to-high density residential developments catering to the strong demand for student accommodation and affordable rental accommodation for the burgeoning work force active in the area. A variety of transport modalities, including the Gautrain Station, Park Station and the MTN Taxi Rank are within easy access from the property. All major and general amenities, including a variety of retail and leisure offerings are available in the area. GPS coordinates for the site is as follows: -26.1953, 28.0317

Park Station

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

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Commercial Office Space - Braamfontein, Johannesburg

Locality LocalityInformation Information Micro Locality

Park Park Station

Google,AfriGIS Ltd, (Pty) DigitalGlobe

ImageData:

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Commercial Office Space - Braamfontein, Johannesburg

Locality PropertyInformation Description Approximate Boundaries

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MapViewer

JohannesburgGIS Spatial Data ImageData:

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Commercial Office Space - Braamfontein, Johannesburg

Property Description Accommodation Improvements on the subject property comprise of a double-storey office building with a square footprint.

The ground floor has been configured to accommodate a reception area, multiple shared and private offices, ablution facilities and a kitchenette.

The first floor, configured in a U-shape, features an open plan shared office area and an expansive boardroom on either side of a rooftop courtyard. ______Additional Features The subject property includes the following additional features: • Split-unit air-conditioning installed • Fire safety equipment including a fire extinguisher and hose • Security fixtures including an alarm system and steel burglar bars with along the ground floor windows and doors • Private use parking canopies accommodating eight (8) cars ______Construction The building is constructed of painted and rendered brick structural walls under a corrugated iron roof. ______Fixtures and Finishes Both floors have been similarly fitted with a combination of ceramic tiling and laminated wood floors under suspended gypsum boards fitted with a mixture of downlights, light-boxes and fluorescent light fittings. Walls are rendered and painted with internal partitioning by means of drywalling. ______Utilities It is understood that all utilities are supplied by the City of Johannesburg. Consumption charges for services supplied by Council are metered and billed to the Seller’s account on a postpaid basis. ______Gross Building Areas Approx GBA Area Description (m²) Ground Floor (Offices) 249.0

First Floor (Offices) 177.0 Total Gross Building Area 426 Not es: 1. Gross Building Areas are an est imat e based on aerial phot ograph measurement s t aken along

t he out er building walls of built st ruct ures. ______Parking Street front parking is available along Henri Street. ______

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Commercial Office Space - Braamfontein, Johannesburg

Property Description

Perimeter The property is unbounded throughout with access to the boundaries other than the street facing extent being limited by structures and perimeter fencing erected on the adjacent properties. ______Occupation The property will be sold with vacant occupation upon registration of transfer. ______Condition The building requires ongoing repairs and maintenance. 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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Commercial Office Space - Braamfontein, Johannesburg

Rates Statement

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Commercial Office Space - Braamfontein, Johannesburg

Rates Statement

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Commercial Office Space - Braamfontein, Johannesburg

Rates Statement

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Commercial Office Space - Braamfontein, Johannesburg

Zoning Information

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Commercial Office Space - Braamfontein, Johannesburg

Zoning Information

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Commercial Office Space - Braamfontein, Johannesburg

General Plan Diagram S.G. No. 4003/1911

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Commercial Office Space - Braamfontein, Johannesburg

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