APPRECIATING PROPERTY INVESTMENT NAA GLOBAL WINNERS AUCTION. 23 March Summer Place, 69 Melville Road, Hyde Park

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1 APPRECIATING PROPERTY INVESTMENT AUCTION 23 March 2017 Summer Place, 69 Melville Road, Hyde Park

2 SOLD R205 Million SPECIALITY PROPERTY SUCCESS KYALAMI RACE TRACK KYALAMI RACE TRACK This iconic property in Johannesburg was sold for a record breaking R205 Million. This property was bought by Porsche SA for re-development.

3 Thursday 23 March 12pm Welcome to today s premier auction event Today you will be hosted by our Lead Auctioneer Joff van Reenen. Should you require any assistance, please feel free to approach any of our representatives. Please acquaint yourself with the rules of auction which are available on our website: Alternatively our bidding assisitants can provide you with a copy of the rules. PROPERTIES ON AUCTION Lot Duchesses Avenue, Windsor East... BANK INSTRUCTION Lot 02 Lot 03 Lot 04 Lot 05 Lot 06 Lot 07 Lot 08 Lot 09 Lot 10 Lot 11 Lot 12 Lot 13 Lot 14 Lot 15 Lot 16 Lot 17 Lot Albertina Sisulu Road, Roodepoort Assen Court, 17 Park Street, Turf Club... LEGAL INSTRUCTION 10 & 12 Clamart Road, Richmond 21E Polo Crescent, Woodmead Office Park... CORPORATE DISPOSAL 123 Albertina Sisulu Road, Roodepoort 1028 Koma Road, Jabulani, Soweto 34 & 36 Siemert Road, New Doornfontein 27 Marula Crescent, Winchester Hills Ext 3... ATTORNEY INSTRUCTION 21 Buckingham Avenue, Craighall Park... INSOLVENT ESTATE 125 Albertina Sisulu Road, Roodepoort 6 Groeneweide Street, Vredelust, Bellville, WC Erf 36 Walkersons Private Estate, Dullstroom, Mpumalanga 4 Sanda Close, Morningside Unit 7,8 & 9 Charon Square, Wellington, WC 5598 Stinkwood Close, Blair Atholl 2 Lissataba Game Farm, Off R530, Hoedspruit, Limpopo 30 Lissataba Game Farm, Off R530, Hoedspruit, Limpopo Notice is given that all sales are subject to an undisclosed reserve price. Any Master of the High Court order, Sales in Execution, Deceased Auction, Absolute or Divorce Auction is clearly indicated in the index, as well as on every application property. 1

4 LOT 01 Medical Centre Web Ref: Duchesses Avenue, Windsor East Opening Bid: R2 MILLION POWER OF ATTORNEY Must sell! Land extent: ± 2 973m² GLA: ± 1 700m² Three erfs sold as one lot Clinic / Medical consulting rooms Vodacom Cell Tower BANK INSTRUCTION SHAWN shawn@highstreetauctions.com LOT 02 8 Retail Industrial Units Web Ref: Albertina Sisulu Road, Roodepoort 265m² - 530m² Total GLA: 5 446m² Total GBA: 3 190m² Projected Net Income: R126k p/m Projected Net income R1.5m p/a 630 Amps 3 Phase 4m high roller door access WIKUS wikus@highstreetauctions.com 2

5 LEGAL INSTRUCTION Residential Block Web Ref: Assen Court, 17 Park Street, Turf Club Opening Bid: R1.6 MILLION 14 Flats Well located Good condition Secure parking Stand size: 991m² LOT 03 Jaacov Two Full Title Office Buildings Web Ref: & 12 Clamart Road, Richmond Opening Bid: R2 MILLION EACH Guy LOT 04 Building 10: 585m² (Vacant) Building 12: 495m² (Partially let) Total GLA: ± 1080m² 28 Parking bays 10KW Solar Power System 44 Panels Sound rooms Fully soundproofed Fibre Optic connectivity Caretaker room Excellent security Sold separately or as one lot (both must sell) 3

6 LOT 05 Vacant Offices on N1 Highway Web Ref: E Polo Crescent, Woodmead Office Park Vacant double storey office block Prominent position Income from large advertising board Secure office park A Grade finishing GLA : 1751m² Stand size: 3230m² CORPORATE DISPOSAL Neels neels@highstreetauctions.com 4

7 Industrial Investment Property Web Ref: Albertina Sisulu Road, Roodepoort GLA: 2 798m² GBA: 1 200m² 5 Year Lease - 31/03/2022 Projected Rental Income: R p/m 20% escalation p/a 100 Amp 3 Phase Power LOT 06 WIKUS wikus@highstreetauctions.com Bottling Distribution Centre Web Ref: Koma Road, Jabulani, Soweto LOT 07 Erf size: 2 809m² Security wall & gate with CCTV cameras A 2 year Triple Net Lease in place (8% annual escalation) ± 15 Months left on the lease, with a renewal option NAI: +/- R520k Zoning: Business 1 Located just behind the Jabulani Mall Convenient access road for delivery vehicles Cliff cliff@highstreetauctions.com 5

8 LOT 08 Ideal Residential Conversion Web Ref: & 36 Siemert Road, New Doornfontein Opening Bid: R5 MILLION Zoning: General 7 Storey building with basement Roller shutter doors to ground floor GLA: ± 4900m² Great exposure to highway Good advertising potential 2x OTIS lifts in good working order 1km from UJ Campus 1.5 km to Gautrain Station Ricardo ricardo@highstreetauctions.com LOT 09 Residential 4 Development Site Web Ref: Marula Crescent, Winchester Hills Ext 3 Stand size: 4372m² Zoning: Residential 4 Height: 6 Storeys Coverage: 40% Proposed plans for 56 residential units ATTORNEY INSTRUCTION Yoni yoni@highstreetauctions.com 6

9 INSOLVENT ESTATE Family Home / Office Web Ref: Buckingham Avenue, Craighall Park Opening Bid: R1.5 MILLION Master s Reference Number: G835/2016 Double garage Stand Size: 816m² 3 Bedrooms 3 Bathrooms Recently built Secure pan handle Very neat LOT 10 Shawn shawn@highstreetauctions.com Multi Factory Industrial Property Web Ref: Albertina Sisulu Road, Roodepoort Projected Net Income R p/a GLA: 3124m² GBA: 1600m² Factory 1-385m² Factory 2-315m² Factory 3-650m² Offices - 144m² Store rooms + ablutions - 106m² 400 Amps 3 Phase Power LOT 11 WIKUS wikus@highstreetauctions.com 7

10 LOT 12 Fully Let Student Accommodation Web Ref: Groeneweide Street, Vredelust, Bellville Opening Bid: R1.5 MILLION Accommodates 10 full time students Garage could accommodate 2 more 3 Upstairs bedrooms, 6 downstairs and an outside studio 3 Bathrooms in the house, 1 in the studio & 1 guest toilet Adjacent to Tygerberg & Karl Bremer Teaching Hospitals GAI: R (Yield improvements achievable) RIPLEY ripley@highstreetauctions.com LOT 13 Stand in Walkersons Private Estate Web Ref: Erf 36 Walkersons Private Estate, Dullstroom Opening Bid: R Vacant Land: 1.13 ha in Walkersons Private Estate This spacious stand is located between 3000m of paved paths for jogging or walking This estate is situated in the beautiful town of Dullstroom which is one of South Africa s fly fishing destinations Spa, Hotel, Restaurant and Clubhouse located in the Estate Excellent security ANITA anita@highstreetauctions.com 8

11 Morningside Mansion Web Ref: Sanda Close, Morningside Ricardo ricardo@highstreetauctions.com LOT 14 5 Bedroom, 4.5 bathroom mansion built by leading architect 4 Garages, 2 store rooms, 2 staff rooms with kitchens and bathrooms Playroom with wooden floors with travertine tiles and built-in kitchenette Study, office or granny flat Excellent security Fitted Industrial generator (can run whole house with heating) Underfloor heating and heated pool Improvements: ± 850m² Stand: 2024m² 9

12 LOT 15 Brand New Student Accommodation Web Ref: Unit 7,8 & 9 Charon Square, Wellington, WC Opening Bid: R1.5 MILLION 3 x 3 Bedroom double storey units 106m² each Each unit has 2 upstairs bathrooms, open plan kitchen & lounge area, exterior patio with braai and outside area for washing lines 1 Garage & 1 open parking per unit Adjacent to Cape Peninsula University of Technology Anticipated gross yield for the three units is R p/a RIPLEY ripley@highstreetauctions.com LOT 16 Vacant Stand Web Ref: Stinkwood Close, Blair Atholl Opening Bid: R Stand size: 3353m² Urgent seller Close to Lanseria International Airport and N14 Highway with easy access to Fourways, Randburg and Tshwane Offers exclusive estate lifestyle with a blend of old world country estate living and modern amenities Incredible bird life Wellness centre & spa Equestrian centre / Great golf course SHAWN shawn@highstreetauctions.com 10

13 2 Bedroom Bush Lodge Web Ref: LOT 17 2 Lissataba Game Farm, Off R530, Hoedspruit Opening Bid: R Architect designed home Bush views on three sides of the house The views show the banks of The Olifants River 2 Bedrooms 2 Bathrooms Bush views from showers Central fireplace Stand: 1 ha Improvements:120m² WIKUS wikus@highstreetauctions.com 11

14 LOT 18 4 Bedroom Bush Lodge Web Ref: Lissataba Game Farm, Off R530, Hoedspruit Opening Bid: R Glorious mountain views Lissataba Nature Reserve is a privately owned 2542 ha 4 Bedrooms 4 Bathrooms Stand: 1ha Improvements: 250m² House comes with Game viewer WIKUS wikus@highstreetauctions.com 12

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16 THE HIGH STREET AUCTION COMPANY (PTY) LTD Johannesburg rd Floor, 160 Jan Smuts Avenue, Rosebank, Gauteng, 2196, South Africa PO Box 704, Parklands, 2121 Cape Town st Floor, Convention Tower, Cnr. Walter Sisulu & Heerengracht Street, Foreshore, Cape Town, 8001, South Africa Durban The Business Centre, 2 Ncondo Place, Ridge Side, Umhlanga Ridge, Durban, 4319, South Africa HIGH STREET Kindly note that in order to bid at an auction, please bring proof of identity and residence and if bidding on behalf of a juristic entity, a letter of authority is also required. A registration fee of R is payable on registration.