Heriotdale Warehouse Facility with Offices Johannesburg GBA ± 1,729m2 10 Hyser Street Thursday, 20 February 2020 @ 12h00 Houghton Golf Club – Osborn Road, Houghton, Johannesburg Luke Rebelo | 072 493 2148 | [email protected] Version 1: 29 January 2020 NT Warehouse Facility with Offices – Heriotdale, Johannesburg Index Disclaimer, Auction Information and Terms & Conditions Page 3 Property Images Page 4 Executive Summary & Key Investment Highlights Page 6 General Information Page 7 Locality Information Page 8 Property Description Page 10 Approved Building Plans Page 13 Rates Statement Page 16 General Plan Diagram Page 18 /AucorProperty www.aucorproperty.co.za 2 Warehouse Facility with Offices – Heriotdale, Johannesburg 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 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 Warehouse Facility with Offices – Heriotdale, Johannesburg Property Images Exterior Images /AucorProperty www.aucorproperty.co.za 4 Warehouse Facility with Offices – Heriotdale, Johannesburg Property Images Interior Images /AucorProperty www.aucorproperty.co.za 5 Warehouse Facility with Offices – Heriotdale, Johannesburg Executive Summary & Key Investment Highlights Street Address: 10 Hyser Street - Heriotdale, Johannesburg GPS Co-Ordinates: -26.2123, 28.1196 Registered Land Size: 2,361m² Industrial 1 – (awaiting the zoning confirmation certificate, Zoning: which has been requested from council) R7,461.11 / month (excluding consumption charges and city Assessment Rates: levies) See page 11 for full accommodation details The improvements on the subject property comprise of a “big Accommodation: box” warehouse with an attached double storey office building. Area Description GBA (± m²) Double Store Office Building 495 Warehouse Building 1 208 Outbuilding 26 Approx. Total Gross Building Areas: Total Approximate Built Areas 1 729 Not es: The approximat e gross building areas are approximat es and are a result of on-sit e and aerial phot ograph measurement s t aken along t he out er wall and include vert ical pent rat ions, but exclude mezzanine ext ent s. The property will be sold with vacant occupation upon Occupation: registration of transfer. Neat, well-maintained flex building currently utilized as warehousing/distribution facility, considered ideal for both investors and end-users due to the desirability of the locality. Situated in strategically advantageous proximity to the largest inland container terminal located in nearby City Deep. Located just off the M2 highway and in close proximity to th Key Investment Highlights: Geldenhuys interchange, within a strategic confluence, which links Gauteng to the rest of the country, the region and the beyond, by road, rail and air. As well as its excellent access from the M2 highway, the subject property is easily accessible from the N12, N17 and the N3 highways and is located on the preferred side of the Gillooly's interchange for freight coming into the province from Durban and other port cities. 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 6 Warehouse Facility with Offices – Heriotdale, Johannesburg General Information Street Address 10 Hyser Street - Heriotdale, Johannesburg GPS Co-Ordinates -26.2123, 28.1196 ________________________________________________________________________________________________________ Title Deed Information Title Deed Number T3594/2013 Registered Owner Robsun Quality Supplies (Pty) Ltd* VAT Registration Status Registered VAT vendor Title Deed Description Erf 130, Heriotdale Extension 7 Registered Land Size 2,361m² Title Deed Conditions A copy of the title deed is on hand and will be made available to prospective purchasers upon request. ________________________________________________________________________________________________________ Municipality Information Municipality City of Johannesburg Metropolitan Municipality Rates Based on the municipal tax invoice as received for the December 2019 billing period. See a copy of this document attached to this brochure for these and other charges. Municipal 2019 / 2020 2019 / 20 Annual 2019 / 2020 Monthly Rates Category Exclusion Rebate Valuation Tarif Rates Rates (Annual ÷12) R 4 444 000 Business N/A N/A 0.0201470 R 89 533.27 R 7 461.11 ________________________________________________________________________________________________________ Zoning Information Zoning Industrial 1 (awaiting the zoning confirmation certificate, which has been requested from council) Permitted Uses (per scheme) * "Industrial purposes, public garages, public or private parking areas, shops, business purposes, commercial purposes, builders’ yard, building material storage" Height TBC Coverage TBC F.A.R TBC Building lines TBC Parking TBC * Johannesburg Land Use Scheme, 2018 - a copy of the scheme is on hand and will be made available upon request. /AucorProperty www.aucorproperty.co.za 7 Warehouse Facility with Offices – Heriotdale, Johannesburg Locality Information Macro Locality The subject property is situated in an established industrial suburb located just east of the Johannesburg CBD, known as Heriotdale. This suburb forms a part of a cluster of Industrial suburbs making up the broader industrial complex to the south and east of the Johannesburg CBD and is located just off the Geldenhuys Interchange allowing for strategically and critically simple passage to the M2, N3 and N17 highways, which are the are integral carriage ways connecting the economic hubs within the Gauteng City Region. The area is considered to be on the preferred side of the busy Gillooly's Interchange for freight coming into the province from Durban and other port cities. Furthermore, the Germiston industrial complex, an important component of the City of Ekurhuleni economy is located within easy access of the node, as well. All major and general amenities are available within easy access in and around the node. All major municipal services are available in the area. GPS coordinates for the site are as follows: -26.2123, 28.1196 N Image Data: Google, AfriGIS (Pty) Ltd, DigitalGlobe /AucorProperty www.aucorproperty.co.za 8 Warehouse Facility with Offices – Heriotdale, Johannesburg Locality Information Micro Locality Germiston N3 M2 Image Data: Google, AfriGIS Ltd, (Pty) DigitalGlobe /AucorProperty www.aucorproperty.co.za 9 Warehouse Facility with Offices – Heriotdale, Johannesburg Property Description Approximate Boundaries N GIS Johannesburg Image Data: City of /AucorProperty www.aucorproperty.co.za 10 Warehouse Facility with Offices – Heriotdale, Johannesburg Property Description Accommodation The improvements on the subject property comprise of a “big box” warehouse with an attached double storey office building. The ground floor of the office component hosts a reception area, multiple private offices, a boardroom, kitchenette and male and female ablution facilities. Internal access to the warehouse is provided for and it is from there that the first floor of the office building can be accessed. The first floor features an expansive area hosting staff facilities i.e. spacious canteen and kitchenette, with ablution facilities provided for, as well. The warehouse component features a large flex facility offering good eaves heights and currently configured according to the present user’s specifications and requirements. The facility is accessible via two large roller shutter doors (one street facing and the other opening onto the driveway located along western perimeter of the building). The warehouse been further improved with three mezzanine extents creating additional usable area on the first floor of the warehouse, of which two are constructed of bricks and mortar and the other constructed of woodboard and steel. ________________________________________________________________________________________________________ Additional Features Additional improvements on the subject property include: • Adequate fire protection fittings, including a fire hoses and extinguishers • Good eaves height • Extensive security fixtures including an