Krugersdorp CBD Krugersdorp Retail Shops with Well-Established enants otal Rentable Area ± 2,785m² 28 Van Breda Street (Corner of Commissioner Street) hursday, 16 November 2017 @ 12h00 Venue: Houghton Golf Club Osborn Road, Houghton, Johannesburg Lael Levy 073 384 7714 LaelL@Aucor.com Version 2 (31 October 2017) erms & 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 VA. Aucor Property may bid up to reserve on behalf of the sellers. Subject to change without notification. Auctioneer: Pieter Geldenhuys
Index Disclaimer Page 3 Property Images Page 4 Executive Summary & Key Investment Highlights Page 6 General Information Page 7 Locality Information Page 9 Property Description Page 11 Income Summary Page 14 Site Plan Page 15 Zoning Certificate Page 16 Rates Statement Page 17 Surveyor Diagram Page 26 2
Disclaimer & Auction Information Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither Aucor Corporate (Pty) Ltd /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 other wise of Aucor Corporate (Pty) Ltd /A Aucor Property or the Seller/s or any other person. Auction Information Deposit 5% of bid price Commission 10% plus 14% VA thereon of the bid price Confirmation period 2 Days Rules of auction and conditions of sale are available at www.aucorproperty.co.za/ 3
Property Images 4
Property Images 5
Retail Shops with Established enants Executive Summary & Key Investment Highlights Street Address: GPS Co-Ordinates: -26,1013, 27,7701 28 Van Breda Street (Corner of Commissioner Street) itle Deed Information: Zoning: Assessment Rates and Levies: Erf number itle Deed Number Registered Owner Registered Land Size (m²) 1226 16607/1981 Pama Waves Prop CC 248 1227 16607/1981 Pama Waves Prop CC 248 1228 16607/1981 Pama Waves Prop CC 495 1229 16608/1981 Edanwaves CC 495 1230 16608/1981 Edanwaves CC 495 1274 16608/1981 Edanwaves CC 248 1275 16608/1981 Edanwaves CC 248 1276 16608/1981 Edanwaves CC 495 1277 16608/1981 Edanwaves CC 495 otal Registered Land Size 3,467 "Business 1" - See Zoning Certificate attached to this folder R 13,692,49 / month (excluding city levies and consumption related charges) Accommodation: See page 11 for full details. Approx. Gross Building Area: ±2,795 m 2 Approx. Gross Lettable Area: ±2,785 m 2 Occupation / enants: Currently all shops (except for one shop) are occupied by tenants Key Investment Highlights: Centrally and conveniently located on Commisioner Street High volumes of pedestrians and vehicular traffic In close proximity to the CBD and major routes as well as necessary amentities We recommend that a prospective purchaser consult an area own Planner to best understand the development potential of the subject property. he property is sold as is. 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. 6
General Information Street Address 28 Van Breda Street (Corner of Commissioner Street) Krugersdorp Central GPS Co-Ordinates -26.1013, 27.7701 itle Deed Information Erf number itle Deed Number Registered Owner Registered Land Size (m²) 1226 16607/1981 Pama Waves Prop CC 248 1227 16607/1981 Pama Waves Prop CC 248 1228 16607/1981 Pama Waves Prop CC 495 1229 16608/1981 Edanwaves CC 495 1230 16608/1981 Edanwaves CC 495 1274 16608/1981 Edanwaves CC 248 1275 16608/1981 Edanwaves CC 248 1276 16608/1981 Edanwaves CC 495 1277 16608/1981 Edanwaves CC 495 otal Registered Land Size 3,467 7
General Information Municipal and Rates Information Municipality Property Assessment Rates Mogale City Local Municipality Excluding city levies and consumption charges based on the August 2017 rates statements see a copy of the statements attached to this brochure for these and other charges. Property Municipal Valuation Rates Category Exclusion 2016 / 2017 ariff 2016 / 17 Annual Rates (original) 2016 / 2017 Monthly Rates (Annual 12) (original) Erf 1226 R1,150,000.00 Business N/A 0.0293400 R 33,741 R 2,811.75 Erf 1227 R100.00 Business N/A 0.0293400 R 3 R 0.24 Erf 1228 R910,000.00 Business N/A 0.0293400 R 26,699 R 2,224.95 Erf 1229 R680,000.00 Business N/A 0.0293400 R 19,951 R 1,662.60 Erf 1230 R700,000.00 Business N/A 0.0293400 R 20,538 R 1,711.50 Erf 1274 R100.00 Business N/A 0.0293400 R 3 R 0.24 Erf 1275 R740,000.00 Business N/A 0.0293400 R 21,712 R 1,809.30 Erf 1276 R740,000.00 Business N/A 0.0293400 R 21,712 R 1,809.30 Erf 1277 R680,000.00 Business N/A 0.0293400 R 19,951 R 1,662.60 otal Assessment Rates Payble / month R 164,309.87 R 13,692.49 own Planning Information Zoning Coverage Height Floor Area Ratio Parking Business 1 See a copy of the Zoning Certificate attached to this brochure 90% / 3,120m² Not prescribed (unrestricted) 5.0 / 17,335m² 2 parking spaces per 100m² gross leasable floor area 8
Locality Information Macro Locality he site is situated on the corner of Commissioner Street and Van Breda Street in Krugersdorp Central. he site is situated in a strong trading node within the Krugersdorp central business district. he site benefits from high volumes of vehicular and pedestrian traffic passing through the city centre due to the site being situated on a major arterial route which runs through the CBD (being Commissioner Street). Access to and from the site is thus considered easy. All major amenities are available in the immediate surrounds with access to and from these amenities considered simple from the site. GPS co-ordinates for the site are as follows: -26.1013, 27.7701 Image Data: Google, AfriGIS Pty Ltd 9
Image Data: Google, Afri GIS Pty Ltd President Square Cradlestone Mall Retail Shops with Established enants Locality Information Micro Locality 10
Image Data: Google, Afri GIS Pty Ltd Retail Shops with Established enants Property Description Approximate Boundaries & Localities 11
Property Description Improvements he subject property comprises a mostly L-shaped retail block constructed over 9 erven and configured to host 9 designated retail units. he accommodation features can be summarized as follows: A double volume retail shop which has been divided into 4 shop areas all situated on Commissioner Street. On Erf 1230 is an additional small workshop facility as well as ablution facilities. A double volume workshop which is also a part double storey warehouse accessible from Ockerse Street. A single storey building which comprises 5 shop areas for retail and / or offices which is situated on the corner of Van Breda Street and Ockerse Street. he property hosts two canopies / sheds, one of which is utilized as storage and the other as a carport. he buildings comprise of face brick external walls, and the shops on Commissioner Street have glass panels and aluminum frames on the street frontage under corrugated iron roof sheets. he internal walls are plastered and painted brick and the floors are a combination of ceramic tiles, carpet, concrete, rubber tiles and laminated flooring. Buildings straddle across Erf boundaries. Rentable Areas Approximate area s based on measurements taken on site. Accommodation Approx. GBA (±m 2 ) Approx. GLA (±m 2 ) Approx. GLA otal (±m 2 ) Shop 1 (dulux) 474 474 Shop 2 (pumps) 557 557 Shop 2 (open) 223 223 Shop 3 (timber) 283 283 Shop 3 (workshop) 83 83 Shop 3 (ablutions) 5 5 Shop 4 (motorcycles) 264 264 Shop 4 (showroom) 59 59 Shop 4 (workshop) 130 130 Shop 4 (hallway) 10-2785 Shop 5 (ground floor) 228 228 Shop 5 (first floor) 82 82 Shop 6 (sewing & keys) 102 102 Shop 7 (attorneys) 97 97 Shop 8 (unoccupied) 90 90 Canopy / Shed 1 73 73 Canopy / Shed 2 35 35 Notes: 1. Gross Building Areas (GBA) are approximate and are based on a combination of on-site measurement and the building plan measurements taken along the outer walls. 12
Property Description Condition he property requires routine repairs and maintenance. We have not undertaken a structural survey of the buildings nor have we arranged for tests of inspections of the service installations, but these appear to be in working order. 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. 13
Retail Shops with Established enants Income Summary and Site Layout 6 7 8 5 4 3 4 1 3 2 Note: Ref enant Area let (m²) Basic Rental Shop 1 Dulux Paint 474 R 12,809.04 Shop 2 Amanti Pumps 780 R 18,000.00 Shop 3 Quality Pine 371 R 6,840.00 Shop 4 Krugersdorp Motor Bike 463 R 5,296.88 Shop 5 Hoosier yres 310 R 6,930.00 Shop 6 Kobus Locksmith 102 R 4,000.00 Shop 7 De Beer Attorneys 97 R 2,000.00 Shop 8 Vacant 90 R - otal Gross Income / month R 55,875.92 Income details are Seller supplied and have not been verified to lease agreements 14
Site Plan 15
Zoning Certificate 16
Rates Statement 17
Rates Statement 18
Rates Statement 19
Rates Statement 20
Rates Statement 21
Rates Statement 22
Rates Statement 23
Rates Statement 24
Rates Statement 25
Surveyor Diagram 26