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
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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.
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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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Industrial Properties close to N1-Highway – Devland, Soweto
Property Images Aerial Image
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Industrial Properties close to N1-Highway – Devland, Soweto
Property Images Erf 175 – Internal & External Images
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Industrial Properties close to N1-Highway – Devland, Soweto
Property Images Erf 176 – Internal & External Images
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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.
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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)
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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
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Industrial Properties close to N1-Highway – Devland, Soweto
Locality LocalityInformation Information Micro Locality
Devland
FoundrySt
Google, AfriGIS (Pty) Ltd, DigitalGlobe Ltd, (Pty) AfriGIS Google, Diepkloof
Image Data: Data: Image
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Industrial Properties close to N1-Highway – Devland, Soweto
Locality PropertyInformation Description Approximate Boundaries
N
Erf175
Erf176
Mapviewer
Image Data: City of Joburg GIS GIS Joburg of City Data: Image
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Industrial Properties close to N1-Highway – Devland, Soweto
Property Description Accommodation The improvements on the subject properties comprise of two (2) industrial flex buildings (one per erf) with a number of ancillary 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.
The improvements on Erf 175 comprise a rectangular footprint building offering a double storey office (mezzanine) component and a double volume warehouse. The ground floor office component offers a reception area with two (2) offices. The first floor includes a previously drywalled boardroom, as well as a kitchenette and ablution facilities. The warehouse features predominantly open spans and includes ablution facilities.
Erf 176 has been similarly improved with a large flex building with a rectangular footprint, which has been configured to accommodate a large double volume warehouse with a small ground floor office component including a receiving office, storeroom and ablution facilities.
The buildings are additionally supported by various outbuildings and/or complete yard enclosures and coverings predominantly hosting staff facilities, additional office/storage space and covered loading/parking areas. ______Additional Features In addition, the subject sites have been improved to accommodate the following features:
• Steel roller shutter doors fitted to both buildings - o Erf 175: one large street facing roller shutter door (3m[w]x4m[h]) and one smaller side door fitted with a steel gate (2.9[b]x3m[h]) o Erf 176: Three (3) roller shutter doors accessible from the fully covered and enclosed parking/loading area of 5m[w]x4m[h] • Excellent eave height – o Erf 175: 5.6m - 8.5m o Erf 176: 5.3m – 7.3m • Both buildings have separate direct access to and from Houthamer Road; • Large parking and storage canopies and enclosures covering the majority of the unimproved yard space(s); • Large solid steel gate providing access to the covered and enclosed yard space on Erf 176. ______Construction The industrial buildings feature a similar construction typology and are generally constructed of a steel superstructure with perimeter walls being a combination of brick structural walls and low-rising IBR panels in places, under mostly IBR roofing. ______
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Industrial Properties close to N1-Highway – Devland, Soweto
Property Description Fixtures and Finishes The industrial and ancillary buildings feature standard fixtures and finishes including concrete and ceramic tiled floors and exposed ceilings in the flex building on Erf 175 with the flex building on Erf 176 featuring insulated ceilings. Both are fitted with translucent polycarbonate roof insets allowing for additional natural lighting. Suspended ceiling boards are present in the ground floor office area on Erf 175. ______
Utilities Electricity as well as water & sanitation are supplied by the City of Johannesburg Metropolitan Municipality. Although connections for services are understood to be in place, various service fittings have been stripped from the building and ought to be independently verified by interested parties. Note: The Seller will not provide a Certificate of Compliance (COC) in respect of the electrical fittings on the subject property. ______Gross Building Areas 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 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. Yard The unutilized extents of the yard are generally covered with interlocked brick paving throughout. ______Perimeter The properties are enclosed by a combination of various steel fencing topped with barbwire (Erf 175) and brick walls (Erf 176) along the street facing extents, with a combination of prefabricated cement slab fencing and brick walls along the remaining boundaries. ______Occupation The property will be sold with vacant occupation upon registration of transfer. ______Condition The structures require repairs and maintenance. We have not undertaken a structural survey of the buildings nor have we arranged for tests or inspections of the service installations. The property is old voetstoots (“as is”) without any warranties express or implied. The Purchaser shall be responsible to demolish existing structures on the properties that are not on plan – should this be necessary. 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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Industrial Properties close to N1-Highway – Devland, Soweto
Rates Statements Erf 175 – November 2019 Amounts in arrears are for the Seller’s account.
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Industrial Properties close to N1-Highway – Devland, Soweto
Rates Statements Erf 175 – November 2019
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Industrial Properties close to N1-Highway – Devland, Soweto
Rates Statements Erf 176 – November 2019 Amounts in arrears are for the Seller’s account.
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Industrial Properties close to N1-Highway – Devland, Soweto
Rates Statements Erf 176 – November 2019
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Industrial Properties close to N1-Highway – Devland, Soweto
Zoning Information Zoning Certificate
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Industrial Properties close to N1-Highway – Devland, Soweto
Zoning Information Height Development Restrictions
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Industrial Properties close to N1-Highway – Devland, Soweto
Zoning Information F.A.R. Restrictions
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Industrial Properties close to N1-Highway – Devland, Soweto
Zoning Information Coverage Restrictions
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Industrial Properties close to N1-Highway – Devland, Soweto
Zoning Information Building Line Restrictions
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Industrial Properties close to N1-Highway – Devland, Soweto
General Plan Diagram S.G. No. A9399/1984
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Industrial Properties close to N1-Highway – Devland, Soweto
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