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Terms & Conditions
R 50 000 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. Ian Wyles Auctioneers may bid up to reserve on behalf of the sellers. Subject to change without notification.
Auctioneer: Ian Wyles
166 BAKER
STREET.docx
LIGHT INDUSTRIAL AREA
24 BOUGAINVILLEA ROAD
MALVERN, QUEENSBURGH
THURSDAY, 6 SEPTEMBER 2018 @ 11:00 AM
DURBAN COUNTRY CLUB, 101 ISAIAH NTSHANGASE ROAD, DURBAN
Andrew Giddy| 082 601 9278
Viewing by Appointment only
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Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither IAN WYLES AUCTIONEERS Ltd 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 IAN WYLES AUCTIONEERS or the Sellers or any other person
Property Summary
Locality Maps
Pictures
Additional Information
Auction Information
Deposit 10% payable by The Purchaser on the fall of the hammer
Commission 10% plus Vat thereon of the bid price payable by the Purchaser on the
fall of the hammer
Confirmation period: Thursday, 20 September 2018
Terms and Conditions
If you are the successful, the following is applicable:
30 Day Guarantee Period from confirmation of sale by the Seller
Possession & occupation of property on registration
Electrical (including electric fencing), woodborer and gas compliance for the
Purchaser’s account, if applicable
Banking Details Ian Wyles Auctioneers
Mercantile Bank
Durban Branch: 450126
Account Number: 1050653718
Reference: Use Name and Property Address
CONTENTS 24 BOUGAINVILLEA ROAD - MALVERN
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Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither IAN WYLES AUCTIONEERS Ltd 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 IAN WYLES AUCTIONEERS or the Sellers or any other person
General
Property Address 24 Bougainvillea Road , Malvern Queensburgh
Title Deed Information
Title Deed Number T21154/1969
Title Deed Description Erf 565 [REM OF QUEENSBURGH] Queensburgh, EThekwini
KwaZulu Natal
Extent 2561 M2
Locality
This subject property is located in the Malvern, Queensburgh area between Kharwastan and
Chatsworth, This is an Industrial node with several small to Medium industries established.
Condition
The property is in fair condition. Please note that we have not undertaken a structural survey
nor have we arranged for tests of inspections of the service installations.
INFORMATION 24 BOUGAINVILLEA ROAD - MALVERN
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Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither IAN WYLES AUCTIONEERS Ltd 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 IAN WYLES AUCTIONEERS or the Sellers or any other person
Property Description
This subject property comprises a double volume warehouse with double storey offices in
front situated on a rectangular shaped site stretching beyond the Umhlatuzana River
comprising;
WORKSHOP (846M2)
Construction: Open front and partially open rear elevation
Structure: Steel portal frame with open front
Height: Double Volume
Roof: Pitched IBR on steel
Enteral Walls: Bricked to eaves and thereafter IBR Sheeting
Internal Walls: Bricked to eaves and thereafter IBR Sheeting
Windows: Steel Frames –Glazed
Floors: Concrete
Ganty: 2 x 3 Ton heavy duty cranes
1 X 5 Ton heavy duty crane (incomplete)
OFFICES (188M2)
Ground Floor: Reception area, Kitchen and Ablutions
First Floor: Boardroom and Management Offices
Structure: Solidly built double storey building
Roof: IRR pitched roof
External Walls: Brick plastered and painted
Internal Walls : Brick plastered and painted
Windows: Aluminium frames-glazed
Floors: Reinforced concrete covered with ceramic tiles
INFORMATION 24 BOUGAINVILLEA ROAD - MALVERN
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Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither IAN WYLES AUCTIONEERS Ltd 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 IAN WYLES AUCTIONEERS or the Sellers or any other person
Seller Vat Status
The Seller is a Vat vendor. Vat is applicable to the purchase price.
Expenses
Monthly Rates: ± R 4 349, 00 [Estimated]
Lease:
This subject property is currently Vacant
INFORMATION 24 BOUGAINVILLEA ROAD - MALVERN
ZONING LIGHT INDUSTRY
COVERAGE 50%
FAR 0.75
HEIGHT 2 Storeys
BUILDING LINE - Front 7.5 M
- Side 2 M
- Rear 3 M
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Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither IAN WYLES AUCTIONEERS Ltd 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 IAN WYLES AUCTIONEERS or the Sellers or any other person
IMAGES 24 BOUGAINVILLEA ROAD - MALVERN
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Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither IAN WYLES AUCTIONEERS Ltd 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 IAN WYLES AUCTIONEERS or the Sellers or any other person
24 bougainvillea Road, Malvern Queensburgh
AERIAL VIEW 24 BOUGAINVILLEA ROAD - MALVERN