BIDDERS INFORMATION PACK
10 ESTANTIA AVENUE, SOUTH HILLS 3 BED HOUSE - ESTATE LATE
AUCTION DATE Tuesday, 01 September @ 12:00 midday REGISTRATION From 11:00 VENUE 10 Estantia Avenue South Hills Johannesburg Gauteng VIEWING On date of sale from 09:30 a.m.
Thukela Mdingane (076) 907 7102 | [email protected] f105861
HOW TO BUY A PROPERTY ON AUCTION
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PROPERTY INFORMATION
Number 10 Street Address: Estantia Avenue
Suburb: South Hills City: Johannesburg Province: Gauteng
Sector: Residential Sub Sector: House Co-Ordinates: Latitude: -26.2517 Longitude: 28.087
Erf Size m2: 496 GLA Size m2: 330 Title Deed T14757/1982
Erf Number ERF 847 South Hills EXT 1 Johannesburg
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PROPERTY DETAILS
Property Specifications
Land Size/ Erf Size 496 m2 Under-Roof / GLA Size 330 m2
Property Description
Located on 10 Estantia Avenue, South Hills, Johannesburg. This property is being sold as part of a Deceased Estate by the Executor. The build is very strong and offers an excellent opportunity for a refurb project. It consists of 3 bedrooms, 1.5 bath, lounge and kitchen. The property is the perfect size for a growing family, it also has a large pool and a small cottage. With a bit of love this house would make an exceptional home.
Features
3 Bed 1.5 Bath Lounge Pool Cottage Rates and Taxes R 0.00 Refuse Collection R 213.90
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FINANCIALS
Tenant Details
Lease Occupant Full Name/ Net Monthly Unit Size Monthly Escalat Lease Expiry Commencement Company Name Rental Income (GLA) m2 Rate per m2 ion % (yyyy/mm/dd) (yyyy/mm/dd) Potential Income R8 500,00 330,00 R25,76 R0,00
6 R8 500,00 330,00
Occupant Full Name/ Company Descriptio Monthly Expense Monthly Parking Other Name n Recovery Income Income Potential Income
Total R0,00 R0,00 R0,00
Unrecovered Expenses
Category Amount Comments Assessment Rates & Municipal Charges R0,00 Refuse R213,90
Total Expenses R213,90
Income
Category Amount Comments Rental Income R8 500,00 Expense Recovery R0,00 Parking Income R0,00 Other Income R0,00
Total Income R8 500,00
Summary
Category Amount Comments Gross Income per Annum R102 000,00 Unrecovered Expenses R2 566,80
Net Income R99 433,20
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AREA ASSESSMENT
Area Description
South Hills is a suburb of Johannesburg, South Africa. Also known as Suidheuwels in Afrikaans, it is about 20 minutes’ drive from Johannesburg Central. It is located in Region F of the City of Johannesburg Metropolitan Municipality.
Amenities
Engen Steeldale Service Centre 0,82 km Sasol Vickers Road 1,51 km Supreme Exel Service Station 1,65 km Saps - Moffat View 1,13 km SAPS - Alberton 4,14 km Montanus Laerskool 0,27 km South Hills Primary School 0,39 km Laerskool Suidheuwels 0,84 km Steeldale Shopping Centre 0,86 km Four Squares 2,27 km Shopping Centre 2,83 km Damelin - Alberton 3,75 km Dckt Training 4,74 km
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PROPERTY MAPS
Map
Satellite
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PROPERTY PHOTOS
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PROPERTY PHOTOS
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PROPERTY PHOTOS
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BROKER PROFILE
Thukela Mdingane Property Advisor
With a BCom in Finance, a BCom (Hons) Business Science degrees and NQF4 in Real Estate Management, Thukela focuses on Property Development and Investment. He is meticulous, in his diverse and committed approach to his work and clients. The fast pace in today’s challenging environment as well as the competitive property market have led to him positioning himself within the AuctionInc stable which provides him with the best platform to achieve a successful transaction for both buyers and sellers. His propensity for locating quality property for clients is guaranteed to result in following and positive outcomes at each one of his auctions.
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CONTACT DETAILS
AuctionInc
Address 1st Floor Masingita House, 41 West Street, Houghton Estate Email [email protected] | Tel +27 11 268 2681
Property Broker
Thukela Mdingane (076) 907 7102 [email protected]
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