APPRECIATING PROPERTY HISTORY AUCTION 24 May 2018 Summer Place, 69 Melville Road, Hyde Park
THE TEAM At High St Auctions it is our people that bring the value to the business. The successes of the company are based on the capabilities and the high performance culture of the sales and support teams at High Street. Besides being property specialists in their respective fields our people are innovative, motivated and service orientated. The philosophy of the team is embedded in the fact that we can only succeed if we help our clients to succeed first. The team is supported by our service providers that we consider to be partners and who subscribe to the same philosophies and high performance culture of High Street Auctions.
Thursday 24 May 2018 @ 12pm Welcome to today s premier auction event Today you will be hosted by our Lead Auctioneer Joff van Reenen. Should you require any assistance, please feel free to approach any of our representatives. Please acquaint yourself with the rules of auction which are available on our website: www.highstreetauctions.com/auction-info-high-street-auctions.php#rules. Alternatively our bidding assisitants can provide you with a copy of the rules. PROPERTIES ON AUCTION Lot 01 Mellis Park, 8A & 8B Mellis Road, Rivonia - FUND DISPOSAL Lot 19 5 Main Road, Melville Lot 02 Ambassador Mansions, 73 von Wielligh Street, JHB CBD Lot 20 33 5th Street, Wynberg Lot 03 262 Commissioner Street, Boksburg Central - FUND DISPOSAL Lot 21 422 Willow Crescent, Blair Atholl Lot 04 61-73 5th Avenue, Springs Lot 22 21 Phufane Crescent, Ellisras, Limpopo Lot 05 143 Burger Avenue, Lyttleton Manor Lot 23 Cnr Frans Avenue & Susanna Street, Fransville, Witbank Lot 06 16 & 18 10th Avenue, Rivonia Lot 24 14 Ridge Peak Lane, Nieuwe Steenberg Estate, Cape Town Lot 07 14 Skeen Boulevard, Bedfordview Lot 25 28 Saddle Drive, Woodmead Office Park, Woodmead Lot 08 215 Johannes Ramokhoase Street, PTA CBD Lot 26 5 Lower Boksburg Road, Germiston Lot 09 1 Foster Road, Winklespruit, Kingsburgh, KZN Lot 27 58 Seventh Street, Alberton North - FUND DISPOSAL Lot 10 310 Commissioner Street, Boksburg Central - FUND DISPOSAL Lot 28 CB Centre, 79 Lower Main Road, Observatory, Cape Town Lot 11 25 Bushbuck Street, Monument Park Lot 29 Cnr Quartz Drive & Boundary Road, Kya Sand - LIQUIDATION Lot 12 Royal Palms Lodge, 6 Morgan Road, Webber, Germiston Lot 30 230 Rondebult Road, Libradene, Boksburg Lot 13 358 Rossouw Street, Murrayfield Lot 31 Section 2 331 Eridanus Street, Waterkloof Lot 14 372 & 376 Oak Avenue, Ferndale Lot 32 Section 1 331 Eridanus Street, Waterkloof Lot 15 399 Paul Kruger Street, PTA CBD Lot 33 15 & 17 Banfield Road, Industria North Lot 16 Mkhondo Mall, Off R33, Piet Retief, Mpumalanga Lot 34 339 Pine Avenue, Ferndale - BANK INSTRUCTION Lot 17 33 6th Street, Parkhurst Lot 35 7 Surrey Manor, 101 Dennis Road, Atholl, Sandton - COURT ORDER Lot 18 2 Village Drive, Village View Estate, Irene - BANK INSTRUCTION Notice is given that all sales are subject to an undisclosed reserve price. Any Master of the High Court order, Sales in Execution, Deceased Auction, Absolute or Divorce Auction is clearly indicated in the index, as well as on every application property. 1
LOT 01 2 x 3 Storey Office Blocks Web Ref: 108428 Mellis Park, 8A & 8B Mellis Road, Rivonia 2 x 3 Storey office blocks Vacant occupation Centrally located Total GLA: ± 1268m² (634m² each) Ground floor with roller shutters FUND DISPOSAL Ricardo 072 246 8129 ricardo@highstreetauctions.com LOT 02 Student Accommodation & Retail Web Ref: 108416 Ambassador Mansions, 73 von Wielligh Street, JHB CBD ± 2000m² Ground plus 7 floors 4 Flats per floor-subdivided for total of 70 flats 2 Shops Lift Prepaid electricity Water meters Simple to manage and run Excellent condition Security entrance Central Johannesburg Rodney 082 551 5841 rodney@highstreetauctions.com 2
FUND DISPOSAL LOT 03 Retail / Offices Residential Conversion Web Ref: 108431 262 Commissioner Street, Boksburg Central Retail and offices High foot traffic Main road GLA: 1855m² Vacant property Possible residential conversion Shawn 079 949 6325 shawn@highstreetauctions.com Fully Let SAPS Building Web Ref: 108438 LOT 04 61-73 5th Avenue, Springs Long lease with SAPS GLA: 2 874m² GAI: ± R2.85 million 40 parking bays Rodney 082 551 5841 rodney@highstreetauctions.com 3
LOT 05 Immaculate Offices / Medical Suites Web Ref: 108421 143 Burger Avenue, Lyttleton Manor Recently Renovated Offices / Medical Suites Double storey - Box configuration GBA: 1246m² ERF Size: 1800m² Reception area Ablutions & kitchens on both floors Central air-conditioning Ample parking Vacant occupation Guy 082 335 1749 guy@highstreetauctions.com LOT 06 Rivonia Development Land Web Ref: 108405 16 & 18 10th Avenue, Rivonia Excellent development opportunity Zoned for 60 units Residential 3 development site Erf site: ± 7932m² Start building tomorrow! Prime location Ricardo 072 246 8129 ricardo@highstreetauctions.com 4
LOT 07 Distressed Sale - Office Block with Highway Exposure Web Ref: 108410 14 Skeen Boulevard, Bedfordview Erf Size: 2962m² GLA: ± 3624m² 39 Basement parking bays Close to all amenities Additional bulk available Low maintenance Zoned: Business 3 Emmanuel 061 155 6457 emmanuel@highstreetauctions.com Redevelopment Opportunity Web Ref: 108423 LOT 08 215 Johannes Ramokhoase Street, PTA CBD 11 Storey building Land Extent: 1391m² GBA: 8639m² GLA: ± 5190m² 114 Basement parking bays Zoning: Business 1 Residential redevelopment allowed Retail: 700m² + cafeteria area 150m from Church Plain Wikus 084 495 2188 wikus@highstreetauctions.com 5
LOT 09 Beachfront Apartments Redevelopment Web Ref: 108437 1 Foster Road, Winklespruit, Kingsburgh, KZN To benefit from residential demand created by the massive R11.5B Durban Automotive Supplier Park in Illovo Well maintained resort overlooking the ocean Vacant occupation Currently 19 apartments (13 two bedroom, 6 one bedroom units) 6 Apartments include splash pool, A/C units and BBQ grills Common braai area, gazebo, 2 outdoor pools, games room, and a playground GBA: 1390m² James 082 444 7777 james@highstreetauctions.com LOT 10 Retail / Offices Resi Conversion Web Ref: 108430 310 Commissioner Street, Boksburg Central Retail and offices High foot traffic Main road GLA: 1803m² 202m² Occupied 1601m² Vacant Possible residential conversion FUND DISPOSAL Shawn 079 949 6325 shawn@highstreetauctions.com 6
Your New Head Office Web Ref: 108425 LOT 11 25 Bushbuck Street, Monument Park 3 Separate buildings to accommodate various users 2 Single storey home offices, and an impressive 4 storey low maintenance office block Within close proximity to all amenities Good access to arterial routes connecting to highway network PJ 082 888 0828 pj@highstreetauctions.com BBBEE Turnkey Lodge Web Ref: 108302 LOT 12 Royal Palms Lodge, 6 Morgan Road, Webber, Germiston Government Clientele Fully furnished & equipped modern guest lodge 38 Rooms en-suite with TV Separate dining hall and kitchen Laundry room Ample parking Back-Up generator James 082 444 7777 james@highstreetauctions.com 7
LOT 13 Listed Fund Disposal Web Ref: 108420 358 Rossouw Street, Murrayfield FUND DISPOSAL Double storey retail, office facility & Total Petrol Station Strategically located for easy access to highways and all major amenities GLA: ± 4000m² Projected Net Annual Income: R5.146m PJ 082 888 0828 pj@highstreetauctions.com 8
Multi Tenanted Office Park Web Ref: 108412 LOT 14 372 & 376 Oak Avenue, Ferndale 7 Office Blocks GLA: 5123m² Good exposure Double storey Low maintenance face brick offices Basement, covered & open parking Potential to be a residential conversion Projected NAI: ± R3.2 million Lance 083 255 9275 lance@highstreetauctions.com LOT 15 Commercial Building on Government Blvd Web Ref: 105511 399 Paul Kruger Street, PTA CBD GLA: 2077m² Gross Annual Income (If Let) ± R2.4m Stand size: 3641m² 80% Coverage Bulk available - Development opportunity Pretoria CBD on proposed Government Boulevard Wikus 084 495 2188 wikus@highstreetauctions.com 9
LOT 16 90% Let - Strip Retail Centre Web Ref: 108408 Mkhondo Mall, Off R33, Piet Retief, Mpumalanga Cashbuild Anchor Tenant: 60% of GLA (lease expiry date of Dec 2025) Erf size: 3.175 ha Total GLA: ± 2372m² Other tenants include (amongst others): Old Mutual Life Assurance, Mpumalanga Mental Health Office & a Liquor Store N2 Exposure Projected NAI ± R2m Zoning: one could develop a further 10,000m² bulk on the residual land Kendall 072 415 3260 kendallr@highstreetauctions.com 10
Parkhurst Commercial Property Web Ref: 108427 33 6th Street, Parkhurst Opening Bid: R2 MILLION LOT 17 GLA: ± 232m² Stand size: 495m² Zoned Business 4 Neat, renovated offices Boardroom, multiple offices 2 Reception areas 2 Cottages Dry walling partitioning Alarm system Air-conditioning throughout BANK INSTRUCTION Yoni 061 822 6128 yoni@highstreetauctions.com Opulent 5 Bedroom Home Web Ref: 108434 LOT 18 2 Village Drive, Village View Estate, Irene Ext 5 BANK INSTRUCTION - POWER OF ATTORNEY 5 Bedrooms (All En-Suite) Guest toilet 24 Hour access controlled security Dining room Family room Lounge Study area Entertainment area with built-in braai Double garage Emmanuel 061 155 6457 emmanuel@highstreetauctions.com 11
LOT 19 Landmark Retail Building Web Ref: 108414 5 Main Road, Melville Fully let retail building Great exposure Stand size: 1793m² GLA: ± 1720m² Large parking area Gross Annual Income: ± R1.9 million Neels 082 458 6899 neels@highstreetauctions.com LOT 20 Showroom, Warehousing & Storage Web Ref: 108409 33 5th Street, Wynberg Immaculate showroom and warehousing GLA: 6570m² Easy access Secure Vacant occupation Rodney 082 551 5841 rodney@highstreetauctions.com 12
Grand Chateau Family Home Web Ref: 108403 422 Willow Crescent, Blair Atholl LOT 21 5 Bedrooms 3 En-suite bathrooms and family bathroom Study & studio Beautiful kitchen with scullery Wine Cellar & tasting room Pool with pool house Teppanyaki grill Garaging for 4 cars Vineyard Many more wonderful features of this property Bri-Anne 082 896 4362 bri-anne@highstreetauctions.com 13
LOT 22 Corporate Lease Ledibeng Eco- Estate Web Ref: 108436 21 Phufane Crescent, Ellisras, Limpopo Extraordinary double storey residence Land Extent: 664m² GLA: ±296m² 3 Bedrooms main en-suite 2 Bathrooms Controlled access Modern, fitted kitchen Open plan dining room & living room Splash pool Extra-length double garage Situated on this magnificent 635 ha ecoestate Spectacular views of the Waterberg Greer 082 454 9626 greer@highstreetauctions.com LOT 23 Prime Office Building Web Ref: 108422 Cnr Frans Avenue & Susanna Street, Fransville, Witbank, Mpumalanga 1st Floor GBA: 570.5m² Ground Floor GBA: 570.5m² Lower Ground Floor GBA: 275.5m² Total GBA: 1 416.5m² Sold with vacant occupation Dedicated covered & open parking bays Located within a secure business park Located in a high demand area, in close proximity to various amenities Nikolai 071 610 6365 nikolai@highstreetauctions.com 14
Luxurious Townhouse Web Ref: 108417 LOT 24 14 Ridge Peak Lane, Nieuwe Steenberg Estate, Cape Town Double storey home Gated security estate Stand size: 427m² Under roof: 380m² 3 Bedrooms (all en-suite) Upstairs balconies Guest WC Open plan lounge, kitchen & scullery Dining room onto patio Basement studio / office plus WC / shower Double automated garage Security gate, alarm system, electric fencing Ripley 082 658 6040 ripley@highstreetauctions.com Nicole 079 697 2162 nicole@highstreetauctions.com Standalone Office Block Web Ref: 108308 LOT 25 28 Saddle Drive, Woodmead Office Park GLA: ± 4600m² Projected NAI: ± R4.5m (If fully let at Market Rates - RODE) Parking for ± 180 vehicles Great Highway exposure for signage Easy configuration for multi tenants Total building size: ± 7800m² Secure access within a secure business park Easy access to M1, N1 and N3 Vacant occupation PJ 082 888 0828 pj@highstreetauctions.com 15
LOT 26 Large Factory & Offices Web Ref: 108413 5 Lower Boksburg Road, Germiston Opening Bid: R5 MILLION Owner relocating Must sell Land extent: 1.1 ha GLA: ± 5502m² Eaves height: 5-10m 900 amps power Neels 082 458 6899 neels@highstreetauctions.com LOT 27 Fully Let Investment Property Web Ref: 108429 58 Seventh Street, Alberton North Ex fitment centre Gross Annual Income: R360k Lease in place Prominent corner stand Stand size: 1983m² GLA: 757m² FUND DISPOSAL Neels 082 458 6899 neels@highstreetauctions.com 16
LOT 28 Rare Redevelopment Opportunity Web Ref: 108426 CB Centre, 79 Lower Main Rd, Observatory, Cape Town Opening Bid: R15 MILLION 10 Sectional title units 2 Storeys Erf size: 1360m² GLA: 1129m² Heritage building 26 Parking bays in the rear 10 Units partially renovated Outstanding redevelopment potential in student / commercial node Property falls within the City of Cape Town's Urban Development Zone (UDZ) tax incentive scheme Ripley 082 658 6040 ripley@highstreetauctions.com LIQUIDATION LIQUIDATION Prime Land Web Ref: 108432 LOT 29 Cnr Quartz Drive & Boundary Road, Kya Sand Classco Trading (Pty) Ltd (In Liquidation) Master's Reference Number: T.3219/15 Partially built industrial units Land Extent: 81 531m² Bulk services and internal services installed Excellent long term return Rodney 082 551 5841 rodney@highstreetauctions.com 17
LOT 30 Residential Property with Business Rights Web Ref: 108407 230 Rondebult Road, Libradene, Boksburg Land Extent: 1487m² Current Site Improvements: ± 350m² Zoning: Business 3 F.A.R: 1.2 Height: 2 Storeys Coverage: 60% The N3, N12, N17, R21, R29 and the R555 are all easily accessible from this property Nikolai 071 610 6365 nikolai@highstreetauctions.com LOT 31 Investment Property in Embassy Node Web Ref: 108419 Section 2 331 Eridanus St, Waterkloof Ridge 4 Bedrooms 2 Bathrooms Land Extent: 1803m² Unit Size: 362m² 2 Automated gates adding to security Electric fencing 4 Electric garage doors Pre-paid electricity Swimming pool Large storeroom under the unit Large patio Built-in braai Wikus 084 495 2188 wikus@highstreetauctions.com 18
LOT 32 Investment Property in Embassy Node Web Ref: 108418 Section 1 331 Eridanus Street, Waterkloof Ridge 3 Bedrooms 2 Bathrooms Land Extent: 1803m² Unit Size: 346m² 2 Automated gates adding to security Electric fencing 2 Electric garage doors Pre-paid electricity Additional flatlet Pool Games room Wikus 084 495 2188 wikus@highstreetauctions.com LOT 33 Fully Let Industrial Warehouse & Offices Web Ref: 108424 15 & 17 Banfield Road, Industria North Opening Bid: R3 MILLION Comprises 2 industrial warehouses Well maintained Currently occupied by two tenants Leases expire in 2022 & 2024 respectively Total GLA: ± 2 520m² Ground level offices and staff canteens Mezzanine storage 1 800Amp power supply Projected GAI: ± R990 000.00 Stand size: 3 216m² Cliff 082 099 8692 cliff@highstreetauctions.com 19
LOT 34 5 Bedroom Home + 2 Flats Web Ref: 108435 339 Pine Avenue, Ferndale Opening Bid: R1 MILLION BANK INSTRUCTION BANK INSTRUCTION 5 Bedrooms (Master en-suite) 2 Full bathrooms Lounge / Dining Room / Kitchen Loft Wooden bar / Pool room Jacuzzi / Pool Covered patio Domestic room 2 Flats with separate entrances Shawn 079 949 6325 shawn@highstreetauctions.com LOT 35 COURT ORDER Cluster Home Web Ref: 108433 7 Surrey Manor, 101 Dennis Road, Atholl, Sandton COURT ORDER Upmarket cluster Opulent 4 Bedroom home 4 Bathrooms - All en-suite Swimming pool Staff quarters Triple garage 24 Hour security Joff 082 802 1366 joff@highstreetauctions.com 20
THE SALE PROCESS Initial consultation Post-auction closing and reporting Property assessment and establishment of research parameters. Mandate concluded Auction event Timeline to a successful auction: 4-6 weeks Auction and Advertising budget recommendation and client approval process Execution of marketing campaign and bidder management Draft marketing materials circulated for approval Property listing on system, website and auction date set
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