Fact Sheet - Property Auctions

f102003
MAIN ROAD EXPOSURE- SILVERTON
466 & 470 PRETORIA STREET, SILVERTON , PRETORIA NORTH
Candice-Lee Cohen
082 559 2422
[email protected]
Auction Date
Thursday 18 Sep 2014 @ 12:00
Auctioneer
Paul Winterstein
Venue
Houghton Golf Club
CONTENTS PAGE
Property informat
[
Page 3
PROPERTY INFO
Page 4
PROPERTY SUMMARY
Page 5
LOCALITY DESCRIPTION
Page 6
AERIAL VIEW
Page 7
ZONING
Page 16
PROPERTY PICTURES
Page 19
AUCTION PROCEDURE
The Conditions of Sale can be viewed at:
www.auctioninc.co.za/cos.pdf and hard copies will be available on auction day
DISCLAIMER:
Whilst reasonable precautions have been taken in compiling the information contained in this document, neither the
seller nor the Auctioneer shall be liable for any loss, damage or expense whatsoever or howsoever caused, arising
from reliance on any information provided, nor do they guarantee the completeness or accuracy thereof, the duty at
all times resting on the Purchaser to conduct its own due diligence inspections relating to the property/is referred to
herein in order to verify the information reflected, and the purchaser’s participation in any auction or private treaty
sale based upon such information shall be at entirely at its own risk and in acceptance of the a foregoing.
Page | 2
PROPERTY INFO
PROPERTY ADDRESS
STREET:
466 & 470 PRETORIA,
SUBURB:
SILVERTON ,
TOWN:
PRETORIA NORTH ,
PROVINCE:
GAUTENG
PROPERTY LEGAL DESCRIPTION
ERF ID:
ERF 450 & 453 PTN 4 OF SILVERTON
TOWNSHIP:
SILVERTON
SIZES / EXTENT:
PROPERTY SIZE:
3832 m²2
MUNICIPAL ZONING
ZONING:
SPECIAL
ZONING DESC:
REFER TO ZONING CERTIFICATE.
Page | 3
PROPERTY SUMMARY
The property improvements can best be described in the following summary.

Main road exposure corner stand

The premises is currently being used as a car service/ dealership

With the zoning for both stands being “ Special” for; Residential buildings, Motor Dealership, Offices
and Restricted Industrial

ERF 450:

Zoning Special

Coverage 100%

Ratio 1:0

ERF 453 PTN 4:

Zoning Special

Coverage 80%

Ratio: 1:1

Clean Property

The one property has double story office space- ground and mezzanine level, Storage area and
entertainment

The second stand also has an office component on the ground floor and roofing extends over the
entire premises.

A small storage area can found at the back of the property

Fully paved

Alarms and security

Ample lighting

Perimeter walling on both sides of the two stands

Provision for street parking in the front
Page | 4
LOCALITY DESCRIPTION
DIRECTIONS:





Take R104- Stanza Bopape Street towards Silverton
Pass over the intersection
Pass the botanical gardens on the right
Contiune onto Pretoria Street
The property is just after the M15
LOCALITY DESC:
Silverton is primarily a commercial area found inside the Tshwane metropolitan. Pretoria road is the main road
within the area.These are some of the bigger companies found within the area: African Emissions Trading F J B
Motor Engineering Guduza System Technologies (Pty) Ltd Metal Craft Engineering cc Poster Worx CC
Rawson Properties Silverton-Mamelodi SA Music News Silverton Engineering (Pty) Ltd Wapy Engineering &
Welding Works CC A - Z Chem CC Affirmative Hire CC Aggreys Projects CC Agri Irrigation Systems Air
Systems Allegro Unlimited Anderson & Kloppers Angelo’s Pies Anton Lotter Enterprises (Pty) Ltd Art Motor
Engineering CC Artistique Builders & Landscapers. This premisis is easily convertible to suit any of that which
falls under the special zoning
Page | 5
ZONING- ERF 450
Page | 6
ZONING- ERF 450
Page | 7
ZONING- ERF 450
Page | 8
ZONING- ERF 450
Page | 9
ZONING- ERF 450
Page | 10
ZONING- ERF 450
Page | 11
ZONING- PTN 4/ERF 453
Page | 12
ZONING- PTN 4/ERF 453
Page | 13
ZONING- PTN 4/ERF 453
Page | 14
ZONING- PTN 4/ERF 453
Page | 15
Page | 16
Page | 17
Page | 18
AUCTION DAY PROCESS
On arrival at the auction site / venue all potential buyers to register with Auction Inc and lodge the required registration
fee if required by bank guaranteed cheque or EFT via internet banking (facilities available at the auction.
On Registration each buyer will be issued with a buyer’s card reflecting a buyer’s number.
Registration is open an hour prior to the auction
Upon signing the registration you will have acknowledged and accept the Terms and Conditions.
Please pay attention and be sure that the item being sold is the item you wish to bid on.
Buyers will bid by raising hands, nodding or glancing at the auctioneer.
Auction Inc. staff members will be on the floor and will also take your bids and forward them to the auctioneer.
The auctioneers shall dictate the bid increments while the clients are bidding.
The bid price excludes the buyer’s premium which is added on top of the purchase price.
Example: Of Purchase Price with Buyers Premium
Bid Price
Buyers Premium (10%)
VAT on the Buyers Premium
R 1 000 000.00
R 100 000.00
R
14 000.00
Total Purchase Price
R 1 114 000.00
Once the auctioneers knocks down the property to a buyer thereby accepting the
offer made the auction offer is FINAL.
At this point the successful buyer will sign the Conditions of Sale and comply with all
the term laid out within the agreement.
A deposit of 20% is applicable on the fall of the hammer. This is made up of the
Buyers Premium of 10% plus VAT = 11.4% and 8.6% on the property purchase.
Example: Deposit
Total Purchase Price
Deposit on the Property (8.6%)
Buyers Premium (11.4%)
R 1 114 000.00
R
86 000.00
R 114 000.00
The Deposit would be
R
The deposit is payable by way of a Bank Guaranteed cheque or electronic transfer.
The deposit and buyers premium are deposited into the Auction Inc Trust account.
ALL OFFERS ARE SUBJECT TO A 7 DAY CONFIRMATION PERIOD
Page | 19
200 000.00
Page | 20

Download Report