Information Pack. Expert Knowledge Local Service. Global Reach. ONLINE PROPERTY AUCTION

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Lorena Bond
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Property Information Pack Expert Knowledge Local Service.

portion of portion 1061) Vredenburg, Province of Western

1 Property Information Pack Expert Knowledge Local Service. Global Reach. Title Deeds & Diagrams Defect List Special Conditions - Annexures A-F Along Bester Street, Vredenburg Erf 2472 (a portion of portion 1061) Vredenburg, Province of Western Cape ONLINE PROPERTY AUCTION SALE OPENING: SALE CLOSING: GoIndustry DoveBid

2 NOTICE TO BIDDERS Welcome to GoIndustry DoveBid SA Online Property Auctions! Within this pack, you will find pertinent information regarding the property being auctioned. Furthermore, there are step by step instructions on how to register at the end of this document. All additional information and other properties can be found on our website at On this page we will give you a quick introduction to our online portal as well as relevant legislation on purchasing property in South Africa. The information included herewith is a summary of information from a number of sources, most of which have not been independently verified. This summary has been provided only for the use of prospective bidders for the Online Auction opening, 30 March 2015 at 12:00 and closing, 31 March 2015 from 16:00. It is supplied for whatever assistance it may provide in answering questions; however: SUCH INFORMATION AND OPINIONS ARE SUPPLIED WITHOUT WARRANTIES OR REPRESENTATIONS, EITHER EXPRESSLY OR TACITLY IMPLIED, WHATSOEVER. Prospective bidders are advised to avail themselves of the land uses and or restrictions if any, of the property and to consult whatever advisors they may feel appropriate. The property for sale will be auctioned voetstoots, as it now stands and subject to the terms and conditions and servitudes mentioned and referred to in the current and/or prior Title Deeds and neither GoIndustry DoveBid, nor the Substitute Trustees or their respective agents make any express or tacitly implied warranties of any kind. The description and conditions listed in this and other advertising materials are to be used as guidelines only and are not guaranteed. Please Note: In order to take part in this auction, a R refundable deposit is required prior to your bidding status being approved. Furthermore, all pending registrants may have to complete a participation form which can be found on the events page / auction page on our website. Should you have any questions regarding the approval of registrants, please contact our offices for assistance on GoIndustry DoveBid GoIndustry DoveBid

HOW TO REGISTER AND BID ON: www.go-dove.com 1. 1 st register on the website at: https://www.go-dove.com/accounts/register.asp 2.

3 HOW TO REGISTER AND BID ON: st register on the website at: 2. Once you have completed this, you will be sent an , in the is a link, please click on this to verify your address. 3. Go back to the website and sign in. 4. Go to the sale that you are interested in. 5. On the opening sales page or event page on the right you will see a button that says Sign up for Event, click on this. 6. A notification may pop up saying you only have viewer/registrant status. You need to apply for buyer status, do this by clicking the link and verifying your details and Terms & Conditions. 7. A notification will then say your buyer status will be activated within 72hrs. (if this doesn t happen within the 72 hour time frame, kindly contact our office) 8. Once you have been approved/vetted, then go back to the website, event page and click on View Lot Catalogue. Make sure you are logged in. 9. This shows a listing of all the lots for that sale. 10. In the middle of each lot is a picture of a pen and says Watch This 11. Click on the Watch This on the lots that you are interested in bidding, it will change to a watching symbol. You have now moved the lots into your bid manager. 12. You will now control all your bidding from the Bid Manager. To get to your bid manager click on My Account go down to Bid Manager, then left to Active Lots 13. From here you will control your bidding, it will show various icons on the status of the lots and the status of your bids, IE, met reserves, winning, outbid etc. And most importantly the time remaining. 14. Just click on Bid Now, insert you amount, click Place Auto Bid and it will ask to confirm your amount. 15. The auction has a closing Date and Time, however lots may go into extended time, eg. Each lot must have 10 minutes of no bidding before it closes. If for example the auction closes at 14h00 (SA time) and a bid comes in at 13h55 for Lot 1, then lot 1 is open to 14h05, a bid may now be placed at 14h02, it is then open to 14h12 and so on. This is done to assist bidders with poor internet connections and is the same principle as the auctioneer saying Going, Going, GONE! So please watch your bids/lots that you are interested in CAREFULLY. Things to Note: A. All lots are priced to sell with a reserve price, if this price is not met on auction day, we will trade it out to the next highest bidder. B. Whatever your bid amount is, an 8% buyer s premium will be added and then VAT (If a SA Resident Company, please confirm details and conditions if a foreign company C. You may get further assistance/help at the following link: D. There is an instruction video available on YouTube titled: How to Register at Go-Dove.com visit GoIndustry DoveBid GoIndustry DoveBid

4 PROPERTY SUMMARY VACANT INDUSTRIAL LAND WITH PREFABRICATED IMPROVEMENTS IN VREDENBURG Property Address: Co-ordinates: Property Description: Extent: Ownership: Zoning: Municipal Valuation: (2012/2013 Financial Year) Property Details: Along Bester Street, Vredenburg 32 54'23.55"S, 18 0'6.63"E Erf 2472 (a portion of portion 1061) Vredenburg, Province of Western Cape Fully described on Title Deed No: T6537/1971 ±2784m² (Erf) Telkom SA (Pty) Ltd Light Industrial Zone R This Telkom property is situated in the industrial node of Vredenburg, Western Cape, on the corner of Proses Street and Bester Street. The surrounding neighbourhood comprises mainly of industrial related activity properties, such as workshops, warehousing, etc. The land measures approximately 2'784m²; is irregular shaped and a large area of the yard space is tarred. The Improvements on the property measure approximately 436m² and comprising of: -Prefabricated main building. -Prefabricated second building. -Prefabricated storeroom and garage. -Wooden framed structure used as a lean to canopy. Vredenburg is a reasonably large town providing services to several surrounding towns, amongst others Velddrif, Saldanha, Paternoster and Langebaan. Municipality:Saldanha Bay Municipality GoIndustry DoveBid GoIndustry DoveBid

5 Property Notes: must comply with the conditions at their own cost to enable the transfer of the property. These conditions are specified in Annexure A. The property is sold voetstoots as it now stands and subject to the terms and conditions and servitudes mentioned in the current and/or prior Title Deeds and to the conditions of the zoning certificate. Auction Notes: Bidders and participants who wish to take part in the auction are required to register on the GoIndustry DoveBid website and sign up for the event Registration and approval of your bidding status is subject to completion of the downloadable registration form, submission of your FICA documents, declaration of interest and authority & consent to perform credit bureau profile verification. Bidders are advised to make themselves aware of all property features including but not limited to the property information packs which include the specific Offer to Purchase for each property, Known Defects List, Title Deed and Zoning. Telkom, TFMC and GoIndustry DoveBid does not warrant the accuracy of the information and we have taken the information as being correct at the time of auction. All interested bidders are to familiarise themselves with the properties and perform their own assessment thereon. The sale of these properties are subject to Value Added Tax charged at 14%. GoIndustry DoveBid GoIndustry DoveBid

7 ANNEXURE A : SPECIAL CONDITIONS AND KNOWN DEFECTS General information. Location. The subject property Erf 2472 (portion of Erf 1061), Vredenburg: Is situated along Bester Street, Vredenburg. in the industrial area of Vredenburg. A reasonably large town providing services to several surrounding towns, amongst others Velddrif, Saldanha, Paternoster and Langebaan. The surrounding neighborhood comprises mainly of industrial related activity properties, such as workshops, warehousing, etc. Property. The subject property Erf 2472 (portion of Erf 1061), Vredenburg measuring approximately 2 784m2; is irregular shaped and a large area of the yard space is tarred. Improvements. Erf 2472 (portion of Erf 1061), Vredenburg Improvements consist of: Prefabricated building under asbestos roof Main building. Prefabricated building under asbestos roof Second building. Prefabricated building under asbestos roof Storeroom and garage. Wooden frame-work under asbestos roof used as a lean to canopy. and measuring approximately 436m2 in total. Condition of property and improvements: As can be observed the property is improved. acknowledges that this clause was specifically brought to his/her/its As a result of the fact that asbestos material (-s) exist on site the purchaser acknowledges being informed / reminded of the following: Disposal of the asbestos material to be conducted in line with policy on the handling and disposal of asbestos and asbestos containing waste in terms of section 20 of the Environment Conservation Act, 1989 (Act 73 of 1989). It is our understanding that the tarred surfaces are in need of replacement / repairs and that maintenance is required to all the buildings. Notwithstanding the above no guarantees whatsoever are given and as such the accordingly warrants that it has thoroughly inspected the Property, or Offer to Purchase Immovable Property on Auction Erf 2472 (portion of Erf 1061), Vredenburg. Annexure A March 2015 CONFIDENTIAL Special Conditions & known Defects Page 1 of 3

8 alternatively that it has been given an opportunity to thoroughly inspect the Property and has elected not to do so. further confirms that it submits this Offer to Purchase with full cognisance of the nature of the Property, and that it will have no claim of whatsoever nature against the Seller, either before the date of transfer or thereafter, as a result of the afore-mentioned, vandalism, illegal occupation, statutory non-compliances (with specific reference to building codes, health and safety); current condition and state of municipal services; -connection points; electrical distribution boards and connections; etc. For the sake of clarity and ease of completeness an Aerial Image (Annexure E) as well as some photographs / images (Annexure F) of the subject property are attached herewith. Town Planning conditions: Availability of services. acknowledges being informed that the Developer / must fully acquaint itself with sufficient availability of services to the subject property. There may also be costs involved for the supply of additional electricity or other services. acknowledges that this clause was specifically brought to his/her/its The purchaser specifically acknowledges that: 1) In the event that electricity-; water-; sewer ; fire prevention- and / or any other services are either not split or not available; and / or should it be a specific requirement by Council to provide new separate, independent service (-s), from a Council supply point(-s) to the satisfaction of Council or any other relevant authority all such requests / requirements needs be adhered to at the purchaser s cost SG Diagram (-s). acknowledges being informed that a copy of a SG Diagram 2646/1969 (Annexure D) is attached to the Offer to Purchase. Zoning. warrants that it has been urged to obtain and confirm with the municipality the current zoning of the Property and has fully acquainted itself thereof and that it will have no claim of whatsoever nature against the Seller, either before the date of transfer or thereafter, due to changes in respect of the Property s zoning. Offer to Purchase Immovable Property on Auction Erf 2472 (portion of Erf 1061), Vredenburg. Annexure A March 2015 CONFIDENTIAL Special Conditions & known Defects Page 2 of 3

9 The zoning of the property as received from Saldanha Bay Municipality dated 26 June 2014 (Annexure B) is Light Industrial Zone. Sub-division application conditions and / or re-zoning application conditions (if any). n/a. Servitude (-s) (if any). Please refer to references made in the Title Deed and SG diagram respectively. accordingly warrants and acknowledges that it will be required to ascertain current exact position (-s) of servitude (-s) (if any) and also whether any other servitude (-s) applies to the property / portions of the property. Other Conditions to be noted by the purchaser. n/a Heritage status. No investigation (-s) undertaken in this regard. accordingly warrants and acknowledges that it will be required to liaise, possibly amongst others with the Local Municipality, Heritage Resources Section and SAHRA Regional Office, to ascertain whether any Heritage classification applies to the property / portions of the property. Especially in view of the fact that, should such classification exist and / or be applicable, the may be required to act within specific requirements / specifications / laws and or by-laws as may be imposed by relevant Authorities before it would potentially be allowed to develop and or use this property or portions of the property responsible and sustainable from, amongst others, a heritage and ecological point of view. acknowledges that this clause was specifically brought to his/her/its Encroachments (if any). No investigation (-s) undertaken in this regard. Title Deed conditions: acknowledge being informed of Title Deed number T6537/1971 and subsequent conditions as contained therein (Annexure C). ============================================ Offer to Purchase Immovable Property on Auction Erf 2472 (portion of Erf 1061), Vredenburg. Annexure A March 2015 CONFIDENTIAL Special Conditions & known Defects Page 3 of 3

10 ANNEXURE B : ZONING CERTIFICATE Offer to Purchase Immovable Property on Auction Erf 2472 (portion of Erf 1061), Vredenburg. Annexure B March 2015 CONFIDENTIAL Zoning Certificate Page 1 of 1

11 ANNEXURE C : TITLE DEED (T6537/1971) Offer to Purchase Immovable Property on Auction Erf 2472 (portion of Erf 1061), Vredenburg. Annexure C March 2015 CONFIDENTIAL Title Deed (T6537/1971) Page 1 of 8

12 Offer to Purchase Immovable Property on Auction Erf 2472 (portion of Erf 1061), Vredenburg. Annexure C March 2015 CONFIDENTIAL Title Deed (T6537/1971) Page 2 of 8

13 Offer to Purchase Immovable Property on Auction Erf 2472 (portion of Erf 1061), Vredenburg. Annexure C March 2015 CONFIDENTIAL Title Deed (T6537/1971) Page 3 of 8

14 Offer to Purchase Immovable Property on Auction Erf 2472 (portion of Erf 1061), Vredenburg. Annexure C March 2015 CONFIDENTIAL Title Deed (T6537/1971) Page 4 of 8

15 Offer to Purchase Immovable Property on Auction Erf 2472 (portion of Erf 1061), Vredenburg. Annexure C March 2015 CONFIDENTIAL Title Deed (T6537/1971) Page 5 of 8

16 Offer to Purchase Immovable Property on Auction Erf 2472 (portion of Erf 1061), Vredenburg. Annexure C March 2015 CONFIDENTIAL Title Deed (T6537/1971) Page 6 of 8

17 Offer to Purchase Immovable Property on Auction Erf 2472 (portion of Erf 1061), Vredenburg. Annexure C March 2015 CONFIDENTIAL Title Deed (T6537/1971) Page 7 of 8

18 Offer to Purchase Immovable Property on Auction Erf 2472 (portion of Erf 1061), Vredenburg. Annexure C March 2015 CONFIDENTIAL Title Deed (T6537/1971) Page 8 of 8

19 ANNEXURE D : SG DIAGRAM (2646/1969) Offer to Purchase Immovable Property on Auction Erf 2472 (portion of Erf 1061) Vredenburg. Annexure D March 2015 CONFIDENTIAL SG Diagram Page 1 of 1

ANNEXURE E : AERIAL IMAGE Kindly note that the aerial image is only attached for identification purposes and should not be regarded / accepted as a true reflection of the actual size, layout or

20 ANNEXURE E : AERIAL IMAGE Kindly note that the aerial image is only attached for identification purposes and should not be regarded / accepted as a true reflection of the actual size, layout or current condition (-s) of the property / improvement/-s. Offer to Purchase Immovable Property on Auction Erf 2472 (portion of Erf 1061), Vredenburg. Annexure E March 2015 CONFIDENTIAL Aerial Image Page 1 of 1

ANNEXURE F : PHOTOGRAPHS Kindly note that these photos are only attached

true reflection of the actual size, layout or current condition (-s) of

STREET VIEW (1) STREET VIEW (2) STREET VIEW (3) Offer to Purchase

21 ANNEXURE F : PHOTOGRAPHS Kindly note that these photos are only attached for identification purposes and should not be regarded / accepted as a true reflection of the actual size, layout or current condition (-s) of the property / improvement/-s. STREET VIEW (1) STREET VIEW (2) STREET VIEW (3) Offer to Purchase Immovable Property on Auction Erf 2472 (portion of Erf 1061), Vredenburg. Annexure F March 2015 CONFIDENTIAL Photographs Page 1 of 1

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