Corporate Disposal - Offices

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Gervais Day
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Corporate Disposal - Offices 61 Commando Road Wednesday, 16 July 2014 @ 12h00 The Maslow, Corner Grayston Drive & Rivonia Road Sandton Luke

Bidders must provide original proof of identity and residence on registration. No cash will be accepted at the auction. No exceptions.

1 Corporate Disposal - Offices 61 Commando Road Wednesday, 16 July 12h00 The Maslow, Corner Grayston Drive & Rivonia Road Sandton Luke Rebelo luker@aucor.com Terms & Conditions R 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: Darren Winterstein

2 Index Property Information Locality Property Description Images Surveyor Diagram Zoning Rates Title Deed Auction Information Deposit Commission Confirmation period 5% of bid price 10% plus 14% VAT thereon of the bid price 2 Business Days Rules of auction and conditions of sale are available on

3 Property Information General Property Address 61 Commando Road Industria Johannesburg Title Deed Information Title Deed Number T21420/2013 Registered Owner Times Media Pty Ltd Title Deed Description Erven 128, 129, 130 and 131 Industria Extension 2 Registered Land Size Erf 128-3,404m² Erf 129-1,487m² Erf 130-1,437m² Erf 131-1,239m² Total - 7,567m² Municipal Information Municipality City of Johannesburg Zoning Industrial 1 - see zoning attached to brochure (Please also note conditions in attached Title Deed) Permitted Uses (per scheme) - Industrial purposes - Public garages - Public or private parking areas - Shops - Business purposes - Canteen - Commercial purposes - Dwelling units - Residential buildings Floor Area Ratio Maximum Height Coverage Building Line Parking Requirements 3.4 for industrial uses and 2.8 for other uses 4 storeys 85% for industrial uses and 70% for other non-residential uses 4 metres to street 1 bay per 100m² for industrial or commercial use and 4 bays per 100m² for office uses Property assessment rates based on municipal valuation and new tariff (effective July 2014) published by the City of Johannesburg (2014/15 period) see March 2014 rates statements attached to this brochure Erf No 2013 Municipal Valuation Roll Rating Category 2014/15 Category Tariff 2014/15 Annual Assessment Rates 2014/15 Monthly Assessment Rates 128 R Business & Commercial R R Valued with Erf 128 Business & Commercial na R - R Valued with Erf 128 Business & Commercial na R - R Valued with Erf 128 Business & Commercial na R - R - R R

Locality The subject property is situated within a well-established industrial node ±7km west of Johannesburg

The site has direct access from Commando Road which is a major area arterial and further links to nearby Main

Conveniently, a Rea Vaya Bus Stop (Coronationville Station) is located on Commando Road adjacent the subject

4 Locality The subject property is situated within a well-established industrial node ±7km west of Johannesburg CBD known as Industria. The site has direct access from Commando Road which is a major area arterial and further links to nearby Main Reef Road (which leads to Johannesburg CBD). Conveniently, a Rea Vaya Bus Stop (Coronationville Station) is located on Commando Road adjacent the subject property providing passenger transport. In addition, the N1 (Western by-pass) is fairly easy accessible Maraisburg Road and All major amenities and facilities are available in the immediate and surrounding suburbs. GPS co-ordinates for the site is: S 26 11'24.68"; E 27 58'1.72"

5 Property Description Primary Uses Parking Main Building Structure Roof Walls Floor coverings Air Conditioning Accommodation Building Areas Boardroom Building Structure Air Conditioning Accommodation Building Areas Total Sizes Property Condition Offices 138 parking bays Most parking is shade net covered with one having IBR covering please note that some parking bays require repairs/replacement to the shade cloth and that some bays fall outside the perimeter of the property (see aerial photo overleaf) Part single, part double and part three storey (mezzanine office top) brick and mortar Part pitched, part mono-pitched timber-framed IBR, lined internally Face brick and mortar, rendered and painted or papered internally, incorporating steel-framed doors and windows and wall-mounted air-conditioning units to certain areas. Internal offices are mainly dry-walled partitioned. Carpeted and ceramic tiled floor cover Various units including wall mounted and cassette units The building offers mostly office space including a reception, internal ablutions, kitchen, various store rooms and some mezzanine offices (board floor). Main electric board has a 200A circuit breaker. Approximate areas based on building diagrams, on-site and additional aerial measurements Component GBA (±m²) Estimated Rentable Area (±m²) Main Building excluding Mezzanines Mezzanine offices Estimated at ±150m² in total Part single, part double storey brick and mortar Wall mounted units The building offers a boardroom, kiosk and first floor storage facilities Approximate areas based on on-site measurements Component GBA (±m²) Estimated Rentable Area (±m²) Ground Floor - Boardroom & Kiosk First Floor Total Excluding guard house Total GBA (±m²) Total Estimated Rentable Area (±m²) Sections of the buildings require repairs and maintenance. Electric fencing is not functional. We have not undertaken a structural survey nor arranged for test or inspections of the service installations however these appear to be sound and in working order.

6 Property Description Approximate Boundaries Source: City of Joburg GIS

7 Images

8 Images

9 Surveyor Diagram

10 Zoning

11 Rates

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15 Title Deed

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22 Title Deed

Factory. Booysens Reserve - Jhb rd Street. Wednesday, 17 September 12h00 The Maslow, Corner Grayston Drive & Rivonia Road Sandton

Factory. Booysens Reserve - Jhb rd Street. Wednesday, 17 September 12h00 The Maslow, Corner Grayston Drive & Rivonia Road Sandton Booysens Reserve - Jhb Factory 33 3 rd Street Wednesday, 17 September 2014 @ 12h00 The Maslow, Corner Grayston Drive & Rivonia Road Sandton Jason Mitchell 076 970 5047 JasonM@Aucor.com Terms & Conditions