FALCON CREST MANOR HOUSE CC (IN LIQUIDATION)

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PROPERTY BROCHURE FALCON CREST MANOR HOUSE CC (IN LIQUIDATION) SECTION 34 SS FALCON CREST The Manor House 1. INSTRUCTIONS I have been instructed to provide both an Open Market and Forced Sale Appraisal for the property more fully described in this report. 2. REGISTERED OWNER 2.1 Falcon Crest Manor House CC - CK No. 2007/169338/23 2.2 Held under Sectional Title Deed No. ST46249/2009 3. PHYSICAL ADDRESS Manor House (Building 1 per SG Diagram No. D167/1995), Falcon Crest Estate, 18 Old Main Road, Botha s Hill Page 1 of 7

4. PROPERTY DESCRIPTION & EXTENT 4.1 Section 34 and 4.2 Exclusive Use Areas: EUA 1, EUA 2 and EUA 3 of SS Falcon Crest, Scheme No. 438/1994, in extent 1 026m², 15m², 15m² and 16m² respectively. 5. MUNICIPAL & LEVY INFORMATION 5.1 Zoning : Residential 5.2 Municipal value : R 900 000.00 (as at 2011) 5.3 Annual rates : R 7612.80 5.4 Outstanding rates : R 42311.82(as at February 2014) 5.5 Monthly levy : R 14 054.00 5.6 Managing Agents : Unlimited Town Houses 6. LEASES & OCCUPATION The building is vacant and reserved for use by the owner. 7. GENERAL COMMENTS & LOCATION OF SITE The subject section is a located within a 3 storey freestanding building within the secure Falcon Crest Estate in Botha s Hill, to the North of the Hillcrest CBD and residential area, and is known as the Manor House. The Manor House is set up for use as a guest lodge, wedding and functions venue with restaurants and conference facilities. Section 34 extends over the entire Upper ground level (with the exclusion of the main entrance and foyer inclusive of the staircase to the upper level) and also the Lower ground level of the Manor House. The Estate is made up of simplex-style cottages and is mainly resident to retired folk, hence, being a peaceful and harmonious environment which overlooks the Valley of a 1000 Hills below. Page 2 of 7

8. DESCRIPTION OF IMPROVEMENTS 8.1 Upper ground level Entrance foyer (common property) Suspended wooden strip flooring with double volume ceiling level and staircases to First floor and lower ground level Reception Carpeted area with built in reception counter and access from the foyer Office 1 Carpeted flooring with access from internal passage and reception Office 2 Suspended timber strip flooring with direct access from parking area and internal passage Office 3 Suspended timber strip flooring with access from the internal passage Kitchen Tiled flooring and fitted with eye-level-oven, double pot bowl sink, centre overhead extractor canopy, 2 x double bowl sink units, 2 x ceiling fans, walk in freezer and chiller rooms and walk in pantry. There is also access to the lower ground level via staircase. Bar lounge Carpeted with built in bar and bulkhead, fireplace and stack doors to open patio Dining room Carpeted with stone fireplace and access to bar, foyer and function room Function room 1 terrace Split level air conditioned room with carpeted and tiled flooring with access to the bar and outside patio, female and male ablutions Function room 2 Suspended strip timber floor air conditioned room with tiled ablution and access from the reception foyer and access to the rear garden and pool area Page 3 of 7

Function room 3 Suspended strip timber flooring having access from the common passageway and Function Room 3 Ablutions Unisex ablution facility in passageway 8.2 Lower ground level Wine cellar / private dining room Tiled floor with built in wall racks for wine storage Restaurant area Laminate floor with access from the entrance foyer above or pool area on lower ground level Laundry Tiled room Storeroom Cement paved floor Staff rooms x 2 Carpeted floor with toilet, shower and basin Strong room 6m² Ablution Tiled with access from restaurant or pool area Storeroom / workshop Concrete floor Rear patio Tiled covered area with access to the pool, restaurant and a second kitchen area which has stair access to the main kitchen on upper ground level Page 4 of 7

Rear elevation Bar lounge Page 5 of 7

Dining room Function room 1 Page 6 of 7

Lower ground restaurant Lower ground - restaurant Page 7 of 7