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Taxi Rank Westonaria CBD Newly Built Taxi-Retail Opportunity West Rand GBA ± 1,623m2 29 Allen Street Thursday, 20 February 2020 @ 12h00 Houghton Golf Club – Osborn Road, Houghton, Johannesburg Paulo Vinhas | 076 151 3390 | [email protected] Version 1: 3 February 2020 NvV Newly Built Taxi-Retail Opportunity – Westonaria CBD, West Rand 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 Approved Building Plans Page 12 Supplementary Documentation Page 14 Rates Statements Page 15 General Plan Diagram Page 17 /AucorProperty www.aucorproperty.co.za 2 Newly Built Taxi-Retail Opportunity – Westonaria CBD, West Rand Disclaimer, Auction Information and Terms & Conditions 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 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 Newly Built Taxi-Retail Opportunity – Westonaria CBD, West Rand Property Images The boundary lines have not been drawn to scale and are drawn for illustrative purposes only. Taxi Rank /AucorProperty www.aucorproperty.co.za 4 Newly Built Taxi-Retail Opportunity – Westonaria CBD, West Rand Executive Summary & Key Investment Highlights Street Address: 29 Allen Street - Westonaria, West Rand GPS Coordinates: -26.3212, 27.6514 (Erf 823) and -26.3211, 27.6518 (Erf 824) Erf 823 : 2,070m²; Erf 824 : 1,618m² Registered Erf Sizes: Combined Erf Size: 3,688m² Zoning: To be verified Assessment Rates: R 395.50 per month - excludes consumption charges and city levies See from page 10 for full accommodation details The subject site comprises two (2) erven. The improvements on the site span both erven and feature a single-storey commercial warehouse Accommodation: facility with good eaves height, as well as an adjoining smaller component for potential office and/or smaller retail development. Both components offer a rectangular footprint and have been arranged in an L-shape. Area Description GBA (± m²) Primary Warehouse (Retail Facility) 1 328 Secondary Offices / Small Retail 112 Storerooms 146 Other* 37 Approx. Total Gross Building Area: Total Approximate Gross Building Area 1 623 Notes Gross building areas are as extracted from the building plans supplied by the Seller. *Other items include additional facilities such as ablutions, change room and the kitchen. The property will be sold with vacant occupation upon registration of Occupation: transfer. Prime location in the heart of the Westonaria CBD. Advantageously located adjacent to both the local Taxi Rank and the Westville Shopping Centre (hosting the local Shoprite). The sites strategic location allows for high volumes of passing pedestrian Key Investment Highlights: and vehicular traffic. Newly built warehouse facility with flexible floor spans can accommodate a variety of potential end-users, especially any wholesale retailer (see preliminary layout plans included in this brochure) . Ease of access to both the R28 and N12-highway. 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 5 Newly Built Taxi-Retail Opportunity – Westonaria CBD, West Rand General Information Street Address 29 Allen Street - Westonaria, West Rand GPS Co-Ordinates -26.3212, 27.6514 (Erf 823) and -26.3211, 27.6518 (Erf 824) ________________________________________________________________________________________________________ Title Deed Information Title Deed Number T7121/2018 Registered Owner Q-Tique 79 (Pty) Ltd Title Deed Descriptions Erven 823 and 824, Westonaria Registered Land Sizes Erf 823: 2,070m²; Erf 824: 1,618m² Combined Erf Size: 3,688m² Title Deed Conditions A copy of the title deed is on hand and will be made available upon request. ________________________________________________________________________________________________________ Municipality Information Municipality Rand West City Local Municipality Rates Excluding consumption charges and city levies. Based on the Tax Invoices as issued by Council for the December 2019 billing period - See copies of the tax invoices attached to this brochure for these and other charges. Municipal 2019 / 2020 2019 / 2020 2019/ 2020 Monthly Erf No. Rates Category Rebate Valuation Tariff Annual Rates Rates (Annual ÷12) 823 R 70 000 Business N/A 0,0339000 R 2 373,00 R 197,75 824 R 70 000 Business N/A 0,0339000 R 2 373,00 R 197,75 Total property assessment rates payable per month R 395,50 ________________________________________________________________________________________________________ Zoning Information Zoning To be verified /AucorProperty www.aucorproperty.co.za 6 Newly Built Taxi-Retail Opportunity – Westonaria CBD, West Rand Locality Information Macro Locality The subject site, spanning two (2) erven, is situated in the heart of the Westonia CBD. Westonaria is a town in the west of Gauteng, roughly 45km west of Johannesburg and 18km south of Randfontein. According to 2011 census data, the town's population is around 10,250. The town forms the nucleus of five gold mines which are the main economic drivers of the area. The site is advantageously located in the north-eastern corner of the Botha / Allen Street intersection, Botha Street being one of the main city centre arterials that extends onto Edwards Ave (providing access to the R28), as well as Cedar Avenue (providing access to the N12-highway). The site's prime location abutting both the local Taxi Rank (north) and the Westville Shopping Centre (south-east) allows for the property to enjoy high volumes of passing vehicular traffic. All services and amenities are located within the immediate surrounds of the site. GPS co-ordinates for the site are as follows: -26.3212, 27.6514 (Erf 823) and -26.3211, 27.6518 (Erf 824). N Image Data: Google, AfriGIS (Pty) Ltd, DigitalGlobe /AucorProperty www.aucorproperty.co.za 7 Newly Built Taxi-Retail Opportunity – Westonaria CBD, West Rand Locality Information Micro Locality Westville Shopping Centre Shopping CBD Westonaria Westonaria Taxi Rank Image Data: Google, AfriGIS Ltd, (Pty) DigitalGlobe /AucorProperty www.aucorproperty.co.za 8 Newly Built Taxi-Retail Opportunity – Westonaria CBD, West Rand Property Description Approximate Boundaries N Erf 824 Erf 823 Viewer CSG Spatial Data Map Image Data: /AucorProperty www.aucorproperty.co.za 9 Newly Built Taxi-Retail Opportunity – Westonaria CBD, West Rand Property Description Accommodation See extracts of the building plans, as well as preliminary retail floor layout plans from page 12. The subject site comprises two (2) erven. The improvements on the site span both erven and feature a single-storey commercial warehouse facility with good eaves height, as well as an adjoining smaller component for potential office and/or smaller retail development. Both components offer a rectangular footprint and have been arranged in an L-shape. The warehouse / retail component offers mostly open spans with good eaves height and is essentially configured for use as a big box retail/wholesale hub. The warehouse section is accessible from the yard via a number of roller shutter doors of varying size. The office section (that offers the conversion potential into a smaller retail component) comprises various enclosed sections along the eastern building perimeter, with additional spaces (storage, ablutions, kitchen, etc.) arranged along the western building perimeter. ________________________________________________________________________________________________________ Yard & Perimeter The remaining yard extents are unimproved. The sites are enclosed by means of a combination of rendered and painted structural walls, as well as steel palisade fencing. The property is accessible via two (2) manual steel sliding gates located in Allen Street and in the reserve street providing access to the Westville Shopping Centre, respectively. ________________________________________________________________________________________________________ Construction The building is constructed of a steel superstructure, supported with plastered and painted structural walls under chromadek craft-lock
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