Eshowe Hills Golf Estate 20 Residential Stands

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Eshowe Hills Golf Estate 20 Residential Stands Eshowe, Zululand, KwaZulu Natal WEB#: 3263787 www.in2assets.com ADDRESS: Eshowe Hills Golf Estate, KwaZulu Natal AUCTION VENUE: On-Site Eshowe Hills Golf Estate Country Club House AUCTION DATE & TIME: 27 March 2015 11h00 VIEWING: By Appointment CONTACT: Hein Hattingh 083 639 0558 031 574 7600 hhattingh@in2assets.com REGISTRATION FEE: R 20 000-00 (Refundable Bank Guaranteed Cheque) AUCTIONEER: Andrew Miller The Rules of Auction can be viewed at www.in2assets.com 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 Properties will all be sold without any Reserve.

CONTENTS CPA LETTER 2 PROPERTY DESCRIPTION 3 PROPERTY LOCATION 7 PICTURE GALLERY 8 ADDITIONAL INFORMATION 13 TERMS AND CONDITIONS 15 SG DIAGRAMS 16 ARCHITECTURAL GUIDELINES 21 CONDUCT RULES 33 2

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 endeavour 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. 3

PROPERTY DESCRIPTION General Property Address: Township & Province: Eshowe Hills Golf Estate, Zululand Eshowe, KwaZulu Natal Title deed information No. Lot Number Registered Owner Title Deed Extent Address Number (m²) 1 2202 Sihloleni Estates Pty Ltd T7393/2006 1 448 1 Bishop's Walk 2 2219 Sihloleni Estates Pty Ltd T7393/2006 1 004 10 Forest Drive 3 2220 Sihloleni Estates Pty Ltd T7393/2006 1 004 9 Forest Drive 4 2230 Sihloleni Estates Pty Ltd T7393/2006 1 077 17 River Road 5 2231 Sihloleni Estates Pty Ltd T7393/2006 1 011 19 River Road 6 2238 Sihloleni Estates Pty Ltd T7393/2006 1 018 36 River Road 7 2239 Sihloleni Estates Pty Ltd T7393/2006 961 38 River Road 8 2262 Sihloleni Estates Pty Ltd T7393/2006 962 34 River Road 9 2263 Sihloleni Estates Pty Ltd T7393/2006 986 33 River Road 10 2302 Sihloleni Estates Pty Ltd T7393/2006 1 000 10 Park Lane 11 2303 Sihloleni Estates Pty Ltd T7393/2006 1 000 12 Park Lane 12 2304 Sihloleni Estates Pty Ltd T7393/2006 940 14 Park Lane 13 2313 Sihloleni Estates Pty Ltd T7393/2006 940 13 Park Lane 14 2314 Sihloleni Estates Pty Ltd T7393/2006 1 000 11 Park Lane 15 2315 Sihloleni Estates Pty Ltd T7393/2006 1 169 7 Park Lane 16 2365 Sihloleni Estates Pty Ltd T7393/2006 923 50 River Road 17 2366 Sihloleni Estates Pty Ltd T7393/2006 1 003 49 River Road 18 2370 Sihloleni Estates Pty Ltd T7393/2006 887 45 River Road 19 2371 Sihloleni Estates Pty Ltd T7393/2006 896 44 River Road 20 2382 Sihloleni Estates Pty Ltd T7393/2006 883 15 River Road Refer to the below diagram in conjunction with the above numbers in red. 4

PROPERTY DESCRIPTION (Continued) 5

PROPERTY DESCRIPTION (Continued) Municipal information The local authority in which the property is situated is the Umlalazi Municipality. According to the permitted zoning scheme the property is zoned as follows: Town Planning Information Zoning: Low Impact Residential F.A.R: 0.6 Coverage: 50% Height: 2 storeys Building Lines: 3m Side Space: 1m Rear Space: 1m Parking Requirements: 6

PROPERTY LOCATION Situated on the rolling hills just outside Eshowe, with magnificent views down to the coast, and within easy reach of the new King Shaka Airport, Eshowe Hills Eco and Golf Estate offers not only a unique golfing experience for enthusiasts but also a base for visitors wishing to explore the historical or natural attractions of beautiful Zululand. The Eshowe Hills Golf Estate is close to the main shopping area of Eshowe where all the major South African chains are represented and the main street is also well supplied with smaller retailers and banks. Eshowe boasts two cathedrals and many other churches. There is a bowling club and a public sports club as well. Eshowe itself is steeped in history having once been the Victorian capital of Zululand and has an interesting museum village. In recent years Eshowe has become quite famous for its Aerial Boardwalk set 10 metres above the ground in the beautiful Dlinza Forest. A fifteen minute drive on the Melmoth road will take the visitor to the Phobane Dam and Shakaland which has an African village where the visitor can learn about the culture of the indigenous people of the area, the world renowned Zulus. Imfolosi Game Reserve is one and half hours away and Hluluwe just two hours. SUBJECT ESTATE: Eshowe Hills Eco and Golf Estate, KZN 7

PICTURE GALLERY 8

PICTURE GALLERY (Continued) 9

PICTURE GALLERY (Continued) 10

PICTURE GALLERY (Continued) 11

PICTURE GALLERY (Continued) 12

ADDITIONAL INFORMATION The Estate Eshowe Hills Eco & Golf Estate is a 110 hectare residential estate, ideal for the individual who is searching for quality laid back, country living. The entire estate is enclosed and 80% of the estate will remain open and undeveloped, so residents will be able to enjoy the spectacular scenery, pristine Dlinza forest, game viewing and bird watching whilst sitting on their verandahs. Eshowe Hills is designed around a nature reserve and an existing 100 year old 18 hole golf course. The course itself is extremely good and has a great pedigree, being designed by the well-known Bob Grimsdell who also designed the Durban Country Club amongst other well-known courses. As the estate will be limited to 184 plots and outside membership will be kept to a minimum, the course and the clubhouse will maintain a personal and genuine country feel. Sports facilities on the estate include 6 tennis courts and 2 squash courts. The Zululand Birding Route has recorded over 600 species of birds and is regarded as one of Southern Africa s premier birding destinations. Eshowe is one of South Africa s premier birding destination. Zululand Lifestyle Outdoor Paradise Eshowe is a special place with a culture of outdoor living. At 500m above sea level and 26km from the coast, Eshowe has arguably the best weather in Zululand. Apart from the golf and birding facilities, it is noteworthy that it is a mere 30 minute drive from the launch site of the Amatikulu Ski-Boat club and only a 15 minute drive from one of the largest big bass fishing dams in the country, namely the spectacular Lake Phobane. The result is a lifestyle of top-class, superb quality country living. Eshowe, less than an hour s drive from the new international airport at La Mercy is very well placed on the KZN tourist route and close to most of KZN s major tourist attractions. Game Reserves: Hluhluwe, Umfolozi, Mkuze, Phinda and Itala are in close proximity to Eshowe. In fact Umfolozi is only an hour and a half drive from Eshowe. The KwaZulu Natal battlefield route also includes Eshowe. The unique Dlinza Forest Aerial Boardwalk is located in Eshowe; it is a 125m long wooden walkway 10m high in the magnificent Dlinza forest canopy. Golf courses: Zimbali, Umhlali GC & Prince s Grant GC are all within an hour s drive from Eshowe Hills Eco & Golf Estate. Homeowners Association An attractive feature of the development is that by purchasing a property, one will in conjunction with other property owners, automatically become a member of the Eshowe Hills Homeowners Association (HOA). The HOA owns and has registered in its name the entire estate including the Country Club House, Tennis Club House and courts, squash courts, golf course and indigenous bush and Game Park Areas. The HOA makes the rules and regulations relating to the conduct and administration of the estates affairs, including the alteration of any levies which may be payable from time to time. 13

ADDITIONAL INFORMATION (Continued) Expenses The monthly expense for each site is as follows: No. Lot Number HOA 2014/2015 Extent Address Levies Rates (m²) 1 2202 R1 875.00 PM TBA 1 448 1 Bishop's Walk 2 2219 R1 875.00 PM TBA 1 004 10 Forest Drive 3 2220 R1 875.00 PM TBA 1 004 9 Forest Drive 4 2230 R1 875.00 PM TBA 1 077 17 River Road 5 2231 R1 875.00 PM TBA 1 011 19 River Road 6 2238 R1 875.00 PM TBA 1 018 36 River Road 7 2239 R1 875.00 PM TBA 961 38 River Road 8 2262 R1 875.00 PM TBA 962 34 River Road 9 2263 R1 875.00 PM TBA 986 33 River Road 10 2302 R1 875.00 PM TBA 1 000 10 Park Lane 11 2303 R1 875.00 PM TBA 1 000 12 Park Lane 12 2304 R1 875.00 PM TBA 940 14 Park Lane 13 2313 R1 875.00 PM TBA 940 13 Park Lane 14 2314 R1 875.00 PM TBA 1 000 11 Park Lane 15 2315 R1 875.00 PM TBA 1 169 7 Park Lane 16 2365 R1 875.00 PM TBA 923 50 River Road 17 2366 R1 875.00 PM TBA 1 003 49 River Road 18 2370 R1 875.00 PM TBA 887 45 River Road 19 2371 R1 875.00 PM TBA 896 44 River Road 20 2382 R1 875.00 PM TBA 883 15 River Road The monthly levies covers security (electrified fence and guards), maintenance of Homeowner s property including club house, squash courts, tennis courts etc and membership of the Eshowe Hills Country Club. Levy Stabilization Fund to be advised (If applicable) 14

ADDITIONAL INFORMATION (Continued) VAT Status The Seller is VAT registered. Comments The properties are subject to Servitudes as per the Articles of Association, which is available on our website. Golf Membership The Purchaser of each unit is entitled to two full memberships of the club. 15

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 45 Day Guarantee Period Possession on Registration of Transfer Electrical, Entomologist and Gas Certificates for the Sellers account (If applicable) Purchaser must become a member of Eshowe Hills Homeowners Association and shall automatically become a full member of the Tennis Club Kindly note for EFT & Cheque payments, the following applies: Cheques need to be made out to Strauss Asset Solutions KZN (Pty) Ltd EFT Payments, our trust account banking details are as follows: Bank : Standard Bank Account Name : Strauss Asset Solutions (KZN) Pty Ltd Account No. : 050022032 Branch Name : Kingsmead Branch code : 040026 16

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SG DIAGRAMS ZONING CERTIFICATE 20

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ARCHITECTURAL GUIDELINES 22

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ZONING CERTIFICATES 31

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CONDUCT RULES 33

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