Ferndale Randburg Income Generating 2 Bedroom Apartment Unit size 79m² Participation Quota 1.5989% Door 40 Brightwater View, 265 Long Avenue Thursday, 12 April 2018 @ 12h00 Venue: Houghton Golf Club, Osborn Road, Houghton, Johannesburg Sean O Shea 083 265 8593 SeanOS@aucor.com Version 2 (27 March 2018) Terms & 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 VAT. 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 General Information Page 6 Locality Information Page 7 Property Description Page 9 Sectional Plans Page 11 Title Deed Page 15 2
Disclaimer & Auction Information Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither Aucor Corporate (Pty) Ltd T/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 T/A Aucor Property or the Seller/s or any other person. Auction Information Deposit 5% of bid price Commission 10% plus 15% VAT 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
General Information Street Address Unit 40 Brightwater View, 265 Long Avenue, Ferndale, Randburg GPS Co-Ordinates -26.0978, 27.9902 Title Deed Information Title Deed Description Section 40 of plan 722/2007 known as Brightwater View, situated at Erf 2114, Ferndale Property Type Sectional Title Unit Title Deed Number ST95335/2007 Registered Owner(s) Stuart James Rogers & Christopher William Taylor Mother Erf Size 8030m² Registered Unit Size 79m² Exclusive Use Areas Not applicable Participation Quota 1.5989% Title Deed Conditions See a copy of the Title Deed attached to this brochure. Municipal and Rates / Levy Information Municipality Assessment Rates & Levies City of Johannesburg Metropolitan Municipality To be verified Zoning Information Zoning Residential 3 6
Locality Information Macro Locality The property is situated in a sectional title scheme development known as Brightwater View situated on 265 Long Avenue, Ferndale. The scheme backs on to Republic Road but is accessed via Long Avenue. Brightwater View is near the Randburg CBD and is in close proximity to Sandton, Linden and Cresta being advantageously located from an access to business, retail and amenity point of view with various schools and other services available in the immediated surrounds. The park-like Brightwater Commons shopping Centre is across from adjacent Republic Road and offers an array of high-end and trendy shops, boutiques and general amenities. Nearby schools include Fountainebleau Primary and Randburg High School with St. Stithians College and Ferndale High also in close proximity. GPS co-ordinates for the home are as follows: -26.0978, 27.9902 Image Data: Google, AfriGIS Pty Ltd, DigitalGlobe 7
Cresta Image Data: Google, Afri GIS Pty Ltd Income Generating 2 Bedroom Apartment Locality Information Micro Locality 8
Image Data: City of Joburg GIS Income Generating 2 Bedroom Apartment Property Description Approximate Boundaries *Note: Imagery based on 2006 Aerials as presented on City of Joburg GIS and does not necessarily portray the current on-site and surrounding environment situation accurately Approximate boundaries of servitude area(s) Approximate property boundaries 9
Property Description Scheme Information Accommodation Brightwater View hosts a total of eleven (11) buildings comprising a total of 54 residential units together with two (2) common property buildings. The Scheme is situated on Erf 2114 Ferndale which land size according to the Sectional Plan and a Windeed enquiry is registered at 8,030m² (including servitude areas). The useable flat surface area (excluding Republic Road, Right of Way and municipal servitudes) is estimated at ± 7,390m² using servitude diagram measurements. The subject unit s total Participation Quota in the Scheme is 1.5989%. The subject property is a renovated first-floor apartment (Unit 40) configured as follows: 2 bedrooms 2 bathrooms Open plan lounge / living / dining area Kitchen. Fixtures and Finishes Condition Occupation The dwelling unit floor coverings were recently refurbished. Ceilings are suspended board throughout. Walls are a combination of plastered brick, with ceramic tile trimmings in the kitchen and bathrooms respectively. The unit is neat and generally well kept. The complex requires repairs and maintenance. We have not undertaken a structural survey nor have we arranged for tests of inspections of the service installations. 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. The unit is currently tenanted in terms of an ongoing lease at a basic monthly rental of R5,500.00. 10
Sectional Plan Sheet 4 of 15 of Sectional Plan D360/2007 11
Sectional Plan Sheet 5 of 15 of Sectional Plan D360/2007 12
Sectional Plan Sheet 12 of 15 of Sectional Plan D360/2007 13
Sectional Plan Extracts from Sheet 15 of 15 of Sectional Plan D360/2007 14
Title Deed Sectional Title Deed - ST95335/07 - (Section 40) 15
Title Deed Sectional Title Deed - ST95335/07 - (Section 40) 16
Title Deed Sectional Title Deed - ST95335/07 - (Section 40) 17