Highlands (Bertrams) Zoned Residential Development Land Johannesburg Approved for 90 Apartments

51 Hunter Street

Tuesday, 17 March 2020 @ 12h00 Houghton Golf Club – Osborn Road, Houghton, Johannesburg Craig La Vita | 072 733 7470 | [email protected]

Version 1: 25 February 2020 NT

Zoned Development Land (90 Apartments) – Highlands (Bertrams), Johannesb urg

Index

Disclaimer, Auction Information and Terms & Conditions Page 3

Property Images Page 4

Executive Summary & Key Investment Highlights Page 5

General Information Page 6

Locality Information Page 7

Property Description Page 9

Supplementary Documentation Page 11

Rates Statement Page 15

Zoning Information Page 17

Surveyor General Diagram Page 21

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Zoned Development Land (90 Apartments) – Highlands (Bertrams), Johannesb urg

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 Business 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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Zoned Development Land (90 Apartments) – Highlands (Bertrams), Johannesb urg

Property Images

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

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

Bertrams Rd

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Zoned Development Land (90 Apartments) – Highlands (Bertrams), Johannesb urg

Executive Summary & Key Investment Highlights

Street Address: 51 Hunter Street - Highlands (Bertrams), Johannesburg GPS Co-Ordinates: -26.1889, 28.0655

Registered Land Size: 5,948m² Zoning: Residential 4 - (a copy of a recent zoning certificate has been requested) Assessment Rates: R6,844.95 / month - Excluding consumption charges and city levies

The site has a noticeable slope from top west to bottom east, in line with surrounding properties in the area. The gradient of the slope decreases slightly Topography: towards Hunter Street. The property is predominantly covered with grasses, some trees and shrubs. There are ruins of foundations visible in places.

Improvements: The subject property is a greenfield property with no improvements thereon.

Water Water is supplied by the local municipality from existing infrastructure in the host street.

Electricity A letter obtained from City Power in February 2015, confirmed that there is Services: sufficient capacity – limited to a maximum capacity of 315 kVA limited to 400A at 400V (see a copy of the letter attached to this brochure)

Sewerage There is an existing sewer network in the host street and surrounding properties. Connections/service installations have not been verified. The status of service connections should be confirmed.

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

Residential 4 zoning in place for high density residential development, located in a node with a high demand for rental accommodation. A Site Development Plan has already been compiled for the site and is ready for submission to Council (see Proposed Development attached to this brochure)

Key Investment Highlights: Prime location just north-east of the Johannesburg CBD and close to the University of Johannesburg (UJ) - Doornfontein Campus Location in proximity to main arterial routes including Bertrams Road and Albertina Sisulu Road allows for ease of access to surrounding business centres including Johannesburg CBD, Bertrams and Jeppestown.

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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Zoned Development Land (90 Apartments) – Highlands (Bertrams), Johannesb urg

General Information

Street Address 51 Hunter Street - Highlands (Bertrams), Johannesburg GPS Coordinates -26.1889, 28.0655 ______

Title Deed Information

Title Deed Number T42226/2014 Registered Owner Calvary Property and Investments (Pty) Ltd Title Deed Description Erf 61 Highlands Registered Land Size 5,948m² Title Deed Conditions A copy of the Title Deed has been requested and will be made available, if requested, upon our receipt thereof. ______

Municipality Information

Municipality City of Johannesburg Metropolitan Municipality Rates Excluding consumption charges and city levies. Based on the tax Invoice for the February 2020 billing period. See a copy of the statement attached to this brochure. 2019 / 2020 Municipal Rates 2019 / 2020 2019 / 20 Exclusion Rebate Monthly Rates Valuation Category Tariff Annual Rates (Annual ÷12) R 2 650 000 Vacant N/A N/A 0.0309960 R 82 139.40 R 6 844.95 ______Town Planning Information

Zoning Residential 4 Primary Rights (per scheme)* “Dwelling units, residential buildings excluding an hotel in respect of which an on-consumption licence is granted according to the conditions of the Liquor Act (Act 27 of 1989)” Density 1,500m² Height Restriction Four (4) storeys Coverage 60% / 3,568.8m² Floor Area Ratio 2.4 / 14,275.2m² Parking Provision As per scheme Building Lines 6m along street frontages * Johannesburg Town Planning Scheme, 1979 – a copy of the scheme is available upon request (a copy of a recent zoning certificate, issued in terms of the Johannesburg Land Use Scheme 2018 has been requested)

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Zoned Development Land (90 Apartments) – Highlands (Bertrams), Johannesb urg

Locality Information Macro Locality The subject property is situated on 51 Hunter Street in the established residential suburb to the east of Johannesburg known as Highlands. Highlands is immediately bordered by a high-density residential and commercial suburb know as Bertrams. The site provides ease of access to Bertrams Road, a major arterial in the area linking Jeppestown to Hillbrow. Highlands is located roughly 3km north-east of the Johannesburg CBD and is in close proximity to the UJ Doornfontein Campus. Several primary and secondary roads service the area with Bertrams Road, and nearby Albertina Sisulu Road being the major arterials linking Highlands to the Johannesburg CBD. Given the close proximity to the Johannesburg CBD, all major amenities and services are relatively nearby. In addition, there are several transportation options such as buses and taxi routes which service the area. There is a train station in nearby New Doornfontein, as well as the BRT station on Bertrams Road. GPS coordinates for the site are as follows: -26.1889, 28.0655.

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

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Zoned Development Land (90 Apartments) – Highlands (Bertrams), Johannesb urg

Locality LocalityInformation Information Micro Locality

Joe Slovo Joe Dr

Johannesburg

Bertrams

Jeppestown

EllisPark Arena ImageData: Google, AfriGIS Ltd, (Pty) DigitalGlobe

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Zoned Development Land (90 Apartments) – Highlands (Bertrams), Johannesb urg

Locality PropertyInformation Description Approximate Boundaries

ding the vegetation on the property. property. the on vegetation the ding

GIS Map Viewer Map GIS

Joburg

Image Data: Data: Image

We We are unaware of any Invasive Alien Plants on the property. By bidding on this property, the purchaser Invasive Alien Plants Alien Invasive acknowledges that he has himself acquainted with the extent and the of nature the property he is buying and inclu such, as property the accepts that he

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Zoned Development Land (90 Apartments) – Highlands (Bertrams), Johannesb urg

Property Description

Topography The site has a noticeable slope from top west to bottom east, in line with surrounding properties in the area. The gradient of the slope decreases slightly towards Hunter Street. The property is predominantly covered with grasses, some trees and shrubs. There are ruins of foundations visible in places.

Image Data: Joburg GIS ______Improvements There are no improvements (neither of a temporary, nor a permanent nature) on the subject property. ______Services Water Water is supplied by the local municipality from existing infrastructure in the host street. No tests/inspections have been performed on the services installations, but it would appear that these are in working order. Sewerage There is an existing sewer network in the host street and surrounding properties. Connections/service installations have not been verified. ______Power A letter obtained from City Power in February 2015, confirmed that there is sufficient capacity – limited to a maximum capacity of 315 kVA limited to 400A at 400V (see a copy of the letter attached to this brochure) ______Access Access to the property is obtained along Hunter Street. ______Perimeter The site is enclosed by a face-brick wall with painted plaster on the street front and a steel-type entrance gate. ______Occupation The property will be sold with vacant occupation upon registration of transfer. ______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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Zoned Development Land (90 Apartments) – Highlands (Bertrams), Johannesb urg

Supplementary Documentation

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Zoned Development Land (90 Apartments) – Highlands (Bertrams), Johannesb urg

Supplementary Documentation

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Zoned Development Land (90 Apartments) – Highlands (Bertrams), Johannesb urg

Supplementary Documentation Sketch Plan – Revision E-1

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Zoned Development Land (90 Apartments) – Highlands (Bertrams), Johannesb urg

Supplementary Documentation Site Development Plan – Revision O

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Zoned Development Land (90 Apartments) – Highlands (Bertrams), Johannesb urg

Rates Statement

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Zoned Development Land (90 Apartments) – Highlands (Bertrams), Johannesb urg

Rates Statement

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Zoned Development Land (90 Apartments) – Highlands (Bertrams), Johannesb urg

Zoning Information

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Zoned Development Land (90 Apartments) – Highlands (Bertrams), Johannesb urg

Zoning Information

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Zoned Development Land (90 Apartments) – Highlands (Bertrams), Johannesb urg

Zoning Information

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Zoned Development Land (90 Apartments) – Highlands (Bertrams), Johannesb urg

Zoning Information

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Zoned Development Land (90 Apartments) – Highlands (Bertrams), Johannesb urg

Surveyor General Diagram

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Zoned Development Land (90 Apartments) – Highlands (Bertrams), Johannesb urg

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