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26 & 28 Houthamer Road

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26 & 28 Houthamer Road Devland Neat Industrial Properties just off the N1-Highway Soweto GBA – ±2,477m² (combined) 26 & 28 Houthamer Road Wednesday, 27 May 2020 @ 12h00 Houghton Golf Club – Osborn Road, Houghton, Johannesburg Lael Levy | 073 384 7714 | [email protected] Draft Version 3: 1 April 2020 Industrial Properties close to N1-Highway – Devland, Soweto Index Disclaimer, Auction Information and Terms & Conditions Page 3 Property Images Page 4 Executive Summary & Key Investment Highlights Page 7 General Information Page 8 Locality Information Page 9 Property Description Page 11 Rates Statements Page 14 Zoning Information Page 18 General Plan Diagram Page 23 /AucorProperty www.aucorproperty.co.za 2 Industrial Properties close to N1-Highway – Devland, Soweto 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. ________________________________________________________________________________________________________ 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/ ________________________________________________________________________________________________________ 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. /AucorProperty www.aucorproperty.co.za 3 Industrial Properties close to N1-Highway – Devland, Soweto Property Images Aerial Image /AucorProperty www.aucorproperty.co.za 4 Industrial Properties close to N1-Highway – Devland, Soweto Property Images Erf 175 – Internal & External Images /AucorProperty www.aucorproperty.co.za 5 Industrial Properties close to N1-Highway – Devland, Soweto Property Images Erf 176 – Internal & External Images /AucorProperty www.aucorproperty.co.za 6 Industrial Properties close to N1-Highway – Devland, Soweto Executive Summary & Key Investment Highlights Street Address: 26 & 28 Houthamer Road - Devland, Johannesburg GPS Coordinates: Erf 175: -26.2817, 27.9305; Erf 176 : -26.2818, 27.9302 Erf 175: 1,386m²; Erf 176: 1,470m² Registered Land Sizes: Total (combined): 2,856m² Zoning: "Industrial 3" - see zoning confirmation attached to this brochure. R6,413.46 /month (combined) - excluding consumption charges and Assessment Rates: city levies See from page 12 for full accommodation details The improvements on the subject properties comprise of two (2) industrial flex buildings (one per erf) with a number of ancillary Accommodation: structures arranged across the sites. The improvements have been constructed and arranged such that the property can be occupied by either a single or multiple tenants. Area Description GBA (± m²) Erf 175 Warehouse (including ground floor offices) 806 First Floor Mezzanine offices 206 Outbuilding 88 Subtotal: 1 100 Erf 176 Warehouse 905 Approx. Total Gross Building Area: Additional street facing storage area 161 Cov ered and Enclosed loading/parking area 311 Subtotal: 1 377 Total Approximate Gross Building Area 2 477 Notes The Gross Building Areas (GBA) are based on a combination of on-site and aerial photograph measurements taken along the outer building walls, and include internal penetrations such as passageways and staircases - sizes are as built. The property will be sold with vacant occupation upon registration of Occupation: transfer. Advantageously situated along the Golden Highway, in very close proximity to the N1-highway Two distinguishable warehouses with office component(s), allowing for Key Investment Highlights: a variety of tenancy mixes based on a single or multiple tenancy set up. Predominantly open span warehouses with eave heights ranging between 5m - 8.5m Prime location in close proximity to various residential suburbs including Devland, Pimville and Eldorado Park, offering ease of access to a strong work force in the surrounding area. The Seller will not provide a Certificate of Compliance (COC) in respect of the electrical fittings on the subject property. Obtaining the COC will thus be for the successful bidder's account. 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. /AucorProperty www.aucorproperty.co.za 7 Industrial Properties close to N1-Highway – Devland, Soweto General Information Street Address 26 & 28 Houthamer Road - Devland, Soweto GPS Coordinates Erf 175: -26.2817, 27.9305; Erf 176: -26.2818, 27.9302 ________________________________________________________________________________________________________ Title Deed Information Title Deed Numbers Erf 175: T48536/2017; Erf 176: T40826/2017 Registered Owners Erf 175: Premier Eva Investment (Pty) Ltd; Erf 176: Eva Properties Investment (Pty) Ltd Title Deed Descriptions Erven 175 & 176 Devland Extension 1 Registered Land Sizes Erf 175: 1,386m²; Erf 176: 1,470m² Total (combined): 2,856m² Title Deed Conditions Copies of the title deeds are on hand and will be made available upon request thereof. Servitudes Both erven are subject to multiple servitudes in favour of Rand Water Board, Electricity Supply Commission and City Council of Johannesburg, vide various Notarial Deeds of Servitude. They are, additionally, subject to servitudes 2m wide in favour of the local authority for sewerage and other municipal purposes along any two boundaries other than a street boundary. Note: There is no notarial tie between the two erven. Erven are, however, offered for combined purchase only due to the nature of the improvements thereon. ________________________________________________________________________________________________________ Municipality Information Municipality City of Johannesburg Metropolitan Municipality Rates Excluding consumption charges and city levies - Based on the tax invoices for the November 2019 billing period as received from council and excludes consumption charges and city levies. (See copies of the invoices attached to this brochure for these and other charges). 2019/ 2020 Municipal Rates 2019 / 2020 2019 / 2020 Erf Exclusion Rebate Monthly Rates Valuation Category Tariff Annual Rates (Annual ÷12) 175 R 1 670 000 R 33 645,49 R 2 803,79 Business N/A N/A 0,0201470 176 R 2 150 000 R 43 316,05 R 3 609,67 Total Rates Payable per Month (combined) R 6 413,46 ________________________________________________________________________________________________________ Town Planning Information Zoning "Industrial 3" - see zoning confirmation attached to this brochure Permitted Uses (per scheme*) 'Industrial purposes, commercial purposes, business purposes, builders' yard, building material storage.' Coverage 70%/1,999.2m² - based on the combined land size. Height Three (3) Storeys Floor Area Ratio 2.1/5,997.6m² - based on the combined land size. Building Lines 3m along the street boundaries Parking Requirements As per scheme *Tshwane Town Planning Scheme. 2008 (Revised 2014) /AucorProperty www.aucorproperty.co.za 8 Industrial Properties close to N1-Highway – Devland, Soweto Locality Information Macro Locality The subject properties are situated on 26 & 28 Houthamer Road, respectively, in a predominantly mixed-industrial suburb known as Devland Extension 1, south-west of the Johannesburg CBD. Devland Extension 1 is a part of a concentrated industrial node situated near the Golden Highway (R553) and the N1 Western Bypass. The suburb is characterised by small to medium enterprises and is a key contributor to employment for the population located in the surrounding suburbs of Devland, Pimville, Eldorado Park and Diepkloof, respectively. The area is serviced by a number of primary roads, including the Golden Highway which links the property to the Johannesburg CBD and the Greater Johannesburg region in general. All major municipal services are available in the area while major amenities are available and easily accessible in the surrounding areas. GPS coordinates for the sites are as follows: Erf 175: -26.2817, 27.9305; Erf 176: -26.2818, 27.9302 Rivasdale N Lenaron Devland Image Data: Google, AfriGIS (Pty) Ltd, DigitalGlobe /AucorProperty www.aucorproperty.co.za 9 Industrial Properties close to N1-Highway – Devland, Soweto Locality LocalityInformation Information Micro Locality Devland Foundry St Google, AfriGIS (Pty) Ltd, DigitalGlobe Ltd, (Pty) AfriGIS Google, Diepkloof Image Data: Data: Image /AucorProperty www.aucorproperty.co.za 10 Industrial Properties close to N1-Highway – Devland, Soweto Locality PropertyInformation Description Approximate Boundaries N Erf 175 Erf 176 Mapviewer Image Data: City of Joburg GIS GIS Joburg of City Data: Image /AucorProperty www.aucorproperty.co.za 11 Industrial Properties close to N1-Highway – Devland, Soweto
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