LUXURY FOR SALE BY HOME AUCTION 43 ROWNHAM ROAD, QUEENSBURGH WEB#: AUCT-000307 | www.in2assets.com ADDRESS: 43 Rownham Road, Queensburgh AUCTION VENUE: The Durban Country Club, Isaiah Ntshangase Road, Durban AUCTION DATE & TIME: 25 October 2016 | 11h00 VIEWING: By Appointment CONTACT: Selvi Howitz | 074 863 3683 | 031 574 7600 | [email protected] REGISTRATION FEE: R 50 000-00 (Refundable Bank Guaranteed Cheque) AUCTIONEER: Andrew Miller The Rules of Auction can be viewed at www.In2assets.com or at Unit 504, 5th Floor, Strauss Daly Place, 41 Richefond Circle, Ridgeside Office Park, Umhlanga Ridge. Bidders must register to bid and provide original proof of identity and residence on registration. The Rules of Auction contain the registration requirements if you intend to bid on behalf of another person or an entity. The above property is subject to a reserve price and the sale by auction is subject to a right to bid by or on behalf of the owner or auctioneer. CONTENTS 43 ROWNHAM ROAD, QUEENSBURGH 1318 Old North Coast Road, Avoca CPA LETTER 2 PROPERTY DESCRIPTION 3 PROPERTY LOCATION 4 PICTURE GALLERY 5 ADDITIONAL INFORMATION 8 TERMS AND CONDITIONS 9 SG DIAGRAM 10 ZONING CERTIFICATE 11 TITLE DEED 12 BUILDING PLANS 15 DISCLAIMER: Whilst all reasonable care has been taken to provide accurate information, neither In2assets Properties (Pty) Ltd 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 the negligence or otherwise of In2assets Properties (Pty) Ltd or the Sellers or any other person. The Consumer Protection Regulations as well as the Rules of Auction can be viewed at www.In2assets.com or at Unit 504, 5th Floor, Strauss Daly Place, 41 Richefond Circle, Ridgeside Office Park, Umhlanga Ridge. Bidders must register to bid and provide original proof of identity and residence on registration. Version 5: 24.10.2016 1 CPA LETTER 43 ROWNHAM ROAD, QUEENSBURGH 1318 Old North Coast Road, Avoca In light of the Consumer Protection Act which came into effect on 1 April 2011, In2Assets would like to offer you, our valued client, the opportunity to pre-register as a bidder prior to the auction day. South African consumers are now amongst the best protected consumers in the world and the purpose of the Act is to promote fair business practices and to protect consumers against deceptive, misleading, unfair or fraudulent conduct. It is compulsory that all Bidders are required to present the following documentation in order to register at our auctions (without which registration cannot take place): 1. SA Identity Document; 2. Utility bill addressed to your physical address (not older than 3 months); 3. In the event of you bidding on behalf of a company, trust or close corporation in your capacity as director, trustee or member respectively, you are required to submit a letter on the Entity’s official letterhead authorizing you to bid, sign all necessary documents and effect transfer on behalf of the Entity which must be accompanied by a certified copy of the resolution by the directors, trustees or members of the entity authorizing you to do so. 4. A special Power of Attorney is required should you be bidding on behalf of another person which must expressly authorize you to bid on behalf of that person and must include a certified copy of that person’s SA Identity Document and proof of that person’s residential address not being older than 3 months. 5. Copy of Entity’s FICA Documents 6. Vat Registration Certificate 7. Income Tax Reference Number and proof of marital status We would like to offer you an opportunity to register prior to the auction in order to avoid the time-consuming registration process as we endeavor to make this process as hassle free and efficient as possible. Should you require any further assistance or have any questions or queries, please do not hesitate to contact us. Version 5: 24.10.2016 2 PROPERTY 43 ROWNHAM ROAD, QUEENSBURGH 1318DESCRIPTION Old North Coast Road, Avoca General Property Address 43 Rownham Road, Escombe Township & Province: Queensburgh, KwaZulu Natal Title deed information Title Deed Number: T19273/2006 Registered Owner: Kogie Moodley Family Trust Title Deed Description: Erf 1693 Queensburgh Extent: 2 942 m² Municipal information The local authority in which the property is situated is the eThekwini Municipality. According to the permitted zoning scheme the property is zoned as follows: Town Planning Information Zoning: Special Residential 1 F.A.R: 0.3 Coverage: 30% Height: 2 Storeys Building Lines: 7.5m Side Space: 2.0m Rear Space: 3.0m Parking Requirements: Depends on use Comment: The property is subject to a road servitude as per the Title Deed and Zoning Certificate. Version 5: 24.10.2016 3 PROPERTY 43 ROWNHAM ROAD, QUEENSBURGH 1318LOCATION Old North Coast Road, Avoca The subject property is located in Escombe, a suburb of Queensburgh approximately 20km West of Durban in the Greater Durban Metropolitan Area. The property fronts onto Rownham Road, a quiet and peaceful road that is surrounded by medium to upmarket type residential dwellings and sectional title duplexes. It has easy access to the Main Road of Malvern. The M7 Main Arterial Road is easily accessible which in turn links to the N2 National Freeway in the east. To the west, the M7 links to Hansdettman Highway which carries traffic to commercial and industrial businesses to the north (Pinetown, New Germany & Westmead) and the Chatsworth Township to the south. All modern amenities are found within the suburb of Malvern, which also forms part of the township of Queensburgh. A police station and other emergency services are found on the Main Road to Malvern. SUBJECT PROPERTY: 43 Rownham Road, Queensburgh Version 5: 24.10.2016 4 PICTURE 43 ROWNHAM ROAD, QUEENSBURGH 1318GALLERY Old North Coast Road, Avoca Version 5: 24.10.2016 5 PICTURE 43 ROWNHAM ROAD, QUEENSBURGH 1318GALLERY Old North Coast Road, Avoca (Continued) .5 Version 5: 24.10.2016 6 PICTURE 43 ROWNHAM ROAD, QUEENSBURGH 1318GALLERY Old North Coast Road, Avoca (Continued) Version 5: 24.10.2016 7 ADIITIONAL 43 ROWNHAM ROAD, QUEENSBURGH 1318INFORMATION Old North Coast Road, Avoca Primary use The property comprises of a modern and attractive double storey residential home with basement garage parking. It boasts fixtures and fittings of superior quality and impressive architectural designs. Entrance and exit driveways surrounded by paved yard lead to the drop off zone at the entrance. Landscaped and irrigated gardens surround the rear of the property. The home features 4 en-suite bedrooms, 3 lounges (plus 4 forming part of the TV & entertainment), gourmet kitchen with scullery & pantry, study rooms, TV lounges, dining rooms, prayer room and prayer hall, entertainment rooms, basement granny flat, basement workshop and lock up basement parking for 14 vehicles. All bedrooms open out to balconies which overlook the infinity pool and outside entertainment areas. Bedrooms are fitted with built in cupboards and some have walk in closets. The spacious bathrooms feature creative designs, fittings and fixtures. This mega-mansion has all the comforts, back yards, swimming pool, skylights, Jacuzzi, multiple living space and entertainment areas. The property is fully automated. This sizeable dwelling is undoubtedly one of the most beautiful examples of residential architecture. The property is subject to a servitude of road as per the Title Deed and SG Diagram. Accommodation Details The gross building area measures approximately:- Ground: 455 m² First Floor: 292 m² Lower ground floor (garage): 194 m² 941 m² The above extents was obtained from copies of the existing building plans provided by the seller. Lease Details The property is currently owner occupied and will be sold with vacant occupation. Expenses The assessment rates for the year 2016/2017 amounts to R13 029.60, which equates to a monthly figure of R1 085.80 The current rates figure provided is based on municipal land value only. Vat Status Transfer Duty will be payable. Version 5: 24.10.2016 8 TERMS & 43 ROWNHAM ROAD, QUEENSBURGH 1318CONDITIONS Old North Coast Road, Avoca If you are the successful bidder kindly note the following: 5% deposit payable by the Purchaser on the fall of the hammer 10% Auctioneers Commission payable by the Purchaser on the fall of the hammer 24 Hour Confirmation period – 26 October 2016 @ 17h00 45 Day Guarantee Period Possession on Registration of Transfer Electrical, Entomologist and Gas Certificates for the Sellers account Kindly note for EFT & Cheque payments, the following applies: Cheques need to be made out to In2assets Properties (Pty) Ltd EFT Payments, our trust account banking details are as follows: Bank Name : Standard Bank Account Name : In2assets Properties (Pty) Ltd Account No. : 050022032 Branch Name : Kingsmead Branch code : 040026 Version 5: 24.10.2016 9 SG DIAGRAM 43 ROWNHAM ROAD, QUEENSBURGH 1318 Old North Coast Road, Avoca Version 5: 24.10.2016 10 ZONING 43 ROWNHAM ROAD, QUEENSBURGH 1318CERTIFICATE Old North Coast Road, Avoca Version 5: 24.10.2016 11 TITLE DEED 43 ROWNHAM ROAD, QUEENSBURGH 1318 Old North Coast Road, Avoca Version 5: 24.10.2016 12 TITLE DEED 43 ROWNHAM ROAD, QUEENSBURGH (Continued) 1318 Old North Coast Road, Avoca Version 5: 24.10.2016 13 TITLE DEED 43 ROWNHAM ROAD, QUEENSBURGH (Continued) 1318 Old North Coast Road, Avoca Version 5: 24.10.2016 14 BUILDING PLANS 43 ROWNHAM ROAD, QUEENSBURGH 1318 Old North Coast Road, Avoca Version 5: 24.10.2016 15 BUILDING PLANS 43 ROWNHAM ROAD, QUEENSBURGH (Continued) 1318 Old North Coast Road, Avoca Version 5: 24.10.2016 16 BUILDING PLANS 43 ROWNHAM ROAD, QUEENSBURGH (Continued) 1318 Old North Coast Road, Avoca Version 5: 24.10.2016 17 1318 Old North Coast Road, Avoca Version 5: 24.10.2016 18 1318 Old North Coast Road, Avoca Version 5: 24.10.2016 19 .