FOR SALE AUCTION LARGE INDUSTRIAL DEVELOPMENT SITE CORNER CORDOVA CLOSE & QUEEN NANDI DRIVE, BRIARDENE INDUSTRIAL PARK, DURBAN

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Sydney Howard
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FOR SALE BY AUCTION LARGE INDUSTRIAL DEVELOPMENT SITE CORNER CORDOVA CLOSE & QUEEN NANDI DRIVE, BRIARDENE INDUSTRIAL PARK, DURBAN WEB#: AUCT-000357 www.in2assets.

1 FOR SALE BY AUCTION LARGE INDUSTRIAL DEVELOPMENT SITE CORNER CORDOVA CLOSE & QUEEN NANDI DRIVE, BRIARDENE INDUSTRIAL PARK, DURBAN WEB#: AUCT ADDRESS: Corner Cordova Close & Queen Nandi Drive, Briardene Industrial Park, Durban AUCTION VENUE: The Durban Country Club, Isaiah Ntshangase Road, Durban AUCTION DATE & TIME: 28 February h00 VIEWING: By Appointment CONTACT: Carl Kleinhans REGISTRATION FEE: R (Refundable Bank Guaranteed Cheque) AUCTIONEER: Andrew Miller The Rules of Auction can be viewed at 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.

2 CONTENTS CPA LETTER 2 PROPERTY DESCRIPTION 3 PROPERTY LOCATION 4 PICTURE GALLERY 5 ADDITIONAL INFORMATION 7 TERMS AND CONDITIONS 8 SG DIAGRAMS 9 TITLE DEED 12 ZONING CERTIFICATE 16 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 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. 1

3 CPA LETTER 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. 2

4 PROPERTY DESCRIPTION General Property Address: Township & Province: Corner of Cordova Close and Queen Nandi Drive, Briardene Industrial Park Durban North, KwaZulu Natal Title deed information Title Deed Number: T37472/1995 Registered Owner: Title Deed Description: Extent: Manchester Investments (Pty) Ltd Portion 14 of Erf 3474 Durban North 1, 4596 hectares Municipal information The local authority in which the property is situated is ethekwini Municipality. According to the permitted zoning scheme the property is zoned as follows: Town Planning Information Zoning: FAR: Coverage: Height: Building Lines: Side: Rear: Parking: Light Industrial N/A N/A 25m 6.0 from centre line of street; 7.5m building line where opposite residential N/A N/A Depends on use 3

PROPERTY LOCATION The subject property is situated within Briardene Industrial Park, which is located approximately 15 kilometres from Durban's Central Business District.

5 PROPERTY LOCATION The subject property is situated within Briardene Industrial Park, which is located approximately 15 kilometres from Durban's Central Business District. The area is bounded by North Coast Road to the East and the N2 highway to the west. The property is situated on the corner of Cordova Close and Queen Nandi Drive. The industrial precinct consists of a mixed assortment of general industrial type buildings, with usage ranging from light to heavy industrial factories and a few interspersed office blocks and retail accommodation. This node is mainly characterised by established tenants and/or owner-occupiers. The immediate area comprises popular industrial nodes such as Riverhorse Valley Business Park, Umgeni Business Park and Redhill Industrial Park. Briardene Industrial Park and Riverhorse Valley Business Park have had massive success stories and have resulted in the relocation of Retail, Office and Warehousing for National Tenants to this area. A major factor has been the accessibility to the business nodes via Queen Nandi Drive which links North Coast Road to the N2. Nandi Drive (M45) is a major arterial route. Most amenities and public transport are located along North Coast Road. SUBJECT PROPERTY: Corner Cordova Close & Queen Nandi Drive, Briardene Industrial Park, Durban 4

6 PICTURE GALLERY 5

7 PICTURE GALLERY (Continued) 6

8 ADDITIONAL INFORMATION Primary use When it comes to rare opportunities then this m² Industrial Development site is the cherry on top. There are NO OTHER LARGE SITES available in the Queen Nandi, Briardene and Riverhorse node. The property enjoys three road frontages with excellent visibility and easy access to the N2 Freeway. The property provides an opportunity for a very fortunate developer of visionary corporate to establish themselves in this prime area of KwaZulu Natal. The property is subject to various servitudes as per the Title Deed. Lease Details The property comprises vacant industrial development land and will be sold with vacant occupation. Expenses The assessment rates for year 2016/2017 amounts to R , which equates to a monthly figure of R Vat Status The Seller is not Vat registered. 329 MONTY NAICKER (PINE) STREET, DURBAN 7

9 TERMS & CONDITIONS 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 1 March 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 : Standard Bank Account Name : In2assets Properties (Pty) Ltd Account No. : Branch Name : Kingsmead Branch code :

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13 TITLE DEED 12

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16 TITLE DEED (Continued) 15

17 ZONING CERTIFICATE 16

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FOR SALE AUCTION RESIDENTIAL INVESTMENT PROPERTY 64 ATTERBURY ROAD, ROSEHILL, DURBAN NORTH

FOR SALE AUCTION RESIDENTIAL INVESTMENT PROPERTY 64 ATTERBURY ROAD, ROSEHILL, DURBAN NORTH FOR SALE BY AUCTION RESIDENTIAL INVESTMENT PROPERTY 64 ATTERBURY ROAD, ROSEHILL, WEB#: AUCT-000429 www.in2assets.com ADDRESS: 64 Atterbury Road, Rosehill, Durban North AUCTION VENUE: The Durban Country