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1 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 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

24 BOUGAINVILLEA ROAD MALVERN, QUEENSBURGH · 2019-10-25 · Property Address 24 Bougainvillea Road , Malvern Queensburgh Title Deed Information Title Deed Number T21154/1969 Title

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Page 1: 24 BOUGAINVILLEA ROAD MALVERN, QUEENSBURGH · 2019-10-25 · Property Address 24 Bougainvillea Road , Malvern Queensburgh Title Deed Information Title Deed Number T21154/1969 Title

1

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

Page 2: 24 BOUGAINVILLEA ROAD MALVERN, QUEENSBURGH · 2019-10-25 · Property Address 24 Bougainvillea Road , Malvern Queensburgh Title Deed Information Title Deed Number T21154/1969 Title

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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

Page 3: 24 BOUGAINVILLEA ROAD MALVERN, QUEENSBURGH · 2019-10-25 · Property Address 24 Bougainvillea Road , Malvern Queensburgh Title Deed Information Title Deed Number T21154/1969 Title

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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

Page 6: 24 BOUGAINVILLEA ROAD MALVERN, QUEENSBURGH · 2019-10-25 · Property Address 24 Bougainvillea Road , Malvern Queensburgh Title Deed Information Title Deed Number T21154/1969 Title

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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

Page 7: 24 BOUGAINVILLEA ROAD MALVERN, QUEENSBURGH · 2019-10-25 · Property Address 24 Bougainvillea Road , Malvern Queensburgh Title Deed Information Title Deed Number T21154/1969 Title

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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