13 Brentwood Park Road - Aucor
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Brentwood Park AH Large Logistics Facility with Reinforced Hard Yard Ekurhuleni GBA ± 5,260m2 13 Brentwood Park Road Thursday, 20 February 2020 @ 12h00 Houghton Golf Club – Osborn Road, Houghton, Johannesburg Luke Rebelo | 072 493 2148 | LukeR@aucor.com Version 1: 29 January 2020 NT
Large Logistics Facility – Brentwood Park AH, Ekurhuleni Index Disclaimer Page 3 Property Images Page 4 Executive Summary & Key Investment Highlights Page 6 General Information Page 7 Locality Information Page 8 Property Description Page 10 Zoning Certificate Page 14 Rates Statement Page 21 General Plan Diagram Page 23 Surveyor General Plan Page 24 /AucorProperty www.aucorproperty.co.za 2
Large Logistics Facility – Brentwood Park AH, Ekurhuleni Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither Aucor Corporate (Pty) Ltd T/A Aucor Property 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 otherwise of Aucor Corporate (Pty) Ltd T/A Aucor Property or the Seller/s or any other person. ________________________________________________________________________________________________________ Auction Information Deposit 5% of bid price Commission 10% plus 15% VAT thereon of the bid price Confirmation period 2 Business Days Rules of auction and conditions of sale are available at www.aucorproperty.co.za/ ________________________________________________________________________________________________________ Terms & Conditions R50 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. Aucor Property may bid up to reserve on behalf of the sellers. Subject to change without notification. Auctioneer: Pieter Geldenhuys. /AucorProperty www.aucorproperty.co.za 3
Large Logistics Facility – Brentwood Park AH, Ekurhuleni Property Images External Images /AucorProperty www.aucorproperty.co.za 4
Large Logistics Facility – Brentwood Park AH, Ekurhuleni Property Images Interior Images /AucorProperty www.aucorproperty.co.za 5
Large Logistics Facility – Brentwood Park AH, Ekurhuleni Executive Summary & Key Investment Highlights Street Address: 13 Brentwood Park Road - Brentwood Park AH, Ekurhuleni GPS Co-Ordinates: -26.1248, 28.2799 Ptn 135 Rietpan 66-IR - 'Indust rial 2' Zoning: Holding 51 - 'Agricult ural' Assessment Rates R12,173.39 - excludes consumpt ion charges and cit y levies See pages 10-12 for full accommodat ion det ails The improvements on the subject property are concentrated on Accommodation: Holding 54. The site has been improved with a large double volume warehouse facility with attached offices and ancillary structures. Area Description GBA (± m²) Offices 908 Primary Warehouse 2,367 Secondary (New) Warehouse 728 Approx. Total Gross Building Area: Open Shed 1,257 Total Approximate Gross Lettable Area 5,260 Notes Gross building areas are as extracted from the building plans supplied by the Seller. The property will be sold with vacant occupation upon registration of Occupation: transfer. 2 Substantial sites, one with an extensive reinforced hard yard finished to high quality specifications, ideal for a wide variety of logistics related uses, with the capacity to support heavy duty activities as well. Expansive truck yard configured on Holding 51. Located in close proximity to the OR Tambo International Airport, near the heart of the city's Aerotropolis initiative, which is aimed at creating a connected, diversified and bustling local economy leveraging the transport and logistics capabilities of the city. Key Investment Highlights: The Bredell Precinct, in which the property is located, is advantageously and ideally located in close quarters to the transport and logistics hub taking shape along the R21/Albertina Sisulu Corridor, which links the Johannesburg CBD, Tshwane and the OR Tambo International around which the City of Ekurhuleni's Aerotropolis node is being developed. A planned road link between the nearby R21 and the N3 highway, also knowns as the K148/N3 interchange, is at an advanced stage of planning and is expected to be completed in the 2020/21 financial year. By bidding on t his propert y, t he purchaser acknowledges t hat he has acquaint ed himself wit h t he ext ent and t he nat ure of t he propert y he is buying, and t hat he accept s t he propert y as such. /AucorProperty www.aucorproperty.co.za 6
Large Logistics Facility – Brentwood Park AH, Ekurhuleni General Information Street Address 13 Brentwood Park Road - Brentwood Park AH, Ekurhuleni GPS Co-Ordinates -26.1248, 28.2799 ________________________________________________________________________________________________________ Title Deed Information Title Deed Number T27504/2008 Registered Owner Independent Container Terminals (Pty) Ltd Title Deed Description Holdings 51 Brentwood Park AH and Portion 135 of the farm Rietpan 66 - IR Registered Land Size Holding 51 - 4.0471ha/40,471m² Ptn 135 of the Farm Rietpan 66 IR - 4.0471ha/40,471m² Total - 8.0942ha/80,942m² Title Deed Conditions A copy of the title deed is on hand and will be made available upon request. ________________________________________________________________________________________________________ Municipality Information Municipality City of Ekurhuleni Metropolitan Municipality Rates Excludes city levies and consumption charges. Based on the tax invoice for the December 2019 period as received from council. See a copy of the tax invoice attached to this brochure. 2019/ 2020 Municipal 2019 / 2020 2019 / 2020 Erf No. Rates Category Rebate Monthly Rates Valuation Tariff Annual Rates (Annual ÷12) 51 R 3 320 000 V acant Land N/A 0.0026300 R 8 731.56 R 727.63 Rietpan 66-IR R 3 264 000 V acant Land N/A 0.0420800 R 137 349.12 R 11 445.76 Total property assessment rates payable per month R 12 173.39 ________________________________________________________________________________________________________ /AucorProperty www.aucorproperty.co.za 7
Large Logistics Facility – Brentwood Park AH, Ekurhuleni General Information Zoning Information Portion 135 of the farm Rietpan 66-IR Zoning* 'Industrial 2' (a copy of the zoning certificate has been requested) Permitted Uses (per current scheme*) To be confirmed Coverage 40%/16,188.4m² Height Zone Two (2) Storeys Floor Area Ratio 0,8/32,376.8m² Density Not applicable Building Line To be confirmed Parking To be confirmed *The zoning information and the above summarised development paramaters are as extracted from Seller Supplied Information. A copy of the zoning certificate has been requested from Council and will be supplied upon our receipt thereof. Holding 51 Zoning 'Agricultural' (See a copy of the zoning certificate attached to this brochure) Note: The subject properties are currently the subject of a Town Planning process to consolidate the two stands, at the culmination of which the newly formed and registered erf will be zoned 'Special' for the same consent use rights currently applicable to Holding 54. /AucorProperty www.aucorproperty.co.za 8
Large Logistics Facility – Brentwood Park AH, Ekurhuleni Locality Information Macro Locality The property is located in a developing suburb just east of the OR Tambo International Airport, known as Brentwood Park AH. The suburb forms a part of the Bredell Precinct, which is one of a number of precincts within the city that will be revamped in line with the City's drive to support the Aerotropolis Master Plan. The precinct is advantageously and ideally located in close quarters to the transport and logistics hub taking shape along the R21/Albertina Sisulu Corridor, which links the Johannesburg CBD, OR Tambo Internal and Tshwane. A planned road link between the nearby R21 and the N3 highway, also knowns as the K148/N3 interchange, is at an advanced stage of planning and is expected to be completed in the 2020/21 financial year. All major municipal services and general amenities are available in the area. GPS coordinates for the site are as follows: -26.1248, 28.2799 Image Data: Google, AfriGIS (Pty) Ltd, DigitalGlobe N /AucorProperty www.aucorproperty.co.za 9
Large Logistics Facility – Brentwood Park AH, Ekurhuleni Locality Information Micro Locality Kempton Park Bonaero Park Spartan Image Data: Google, AfriGIS (Pty) Ltd, DigitalGlobe /AucorProperty www.aucorproperty.co.za 10
Large Logistics Facility – Brentwood Park AH, Ekurhuleni Property Description Approximate Boundaries N Image Data: CSG Spatial Data Map Viewer /AucorProperty www.aucorproperty.co.za 11
Large Logistics Facility – Brentwood Park AH, Ekurhuleni Property Description Accommodation The improvements on the subject property are concentrated on portion 135 of the farm Rietpan 66-IR (hereinafter referred to as “the farm potion”). The site has been improved with a large double volume warehouse facility with attached offices and ancillary structures. The warehouse component offers mostly open spans with good eaves height and is essentially configured for use as a big box logistics/distribution hub. The warehouse section is accessible from the yard via a number of large roller shutter doors. The admin section comprises a double storey office building configured to accommodate predominantly open plan office areas with a few private offices distributed between the two floors. The ancillary buildings on the property include a newly built warehouse measuring ± 800m², an open shed, as well as a covered workshop area with 7 bays to allow for on-site truck maintenance. ________________________________________________________________________________________________________ Yard Approximately half of the farm portion has been improved with reinforced concrete hard yard, constructed to a high specification to allow for a range of heavy duty, logistics related activities (stacking of containers, movement of large machinery, etc.) A portion of the yard on Holding 41 has been excavated and configured for use as a parking yard. ________________________________________________________________________________________________________ Additional Features Additional accommodation and property features on the subject property include: • 2 large meeting rooms • Entertainment area • Glass and aluminium partitioned executive/private offices • Interlock-brick paved parking (fronting the entrance to the admin block) • On-site fuel storage • Water tank (capacity to be confirmed) • 2 x Weighbridges (note: not permanent fixtures) ________________________________________________________________________________________________________ Construction The primary warehouse facility is constructed of a steel superstructure with IBR sheet wall panels and roofing. Translucent panels have been incorporated into the roofing to allow for additional natural light into the facility. The shed, as well, as the newly built warehouse are similarly constructed. The admin section attached to the warehouse is constructed of face brick structural walls under IBR roof sheets. ________________________________________________________________________________________________________ Fixtures and Finishes The warehouse features smooth concrete flooring under heat insulated ceilings. The office component features a combination of rubber tiles and carpeted extents under a concrete ceiling on the ground floor and open, heat insulated ceilings along the first floor. ________________________________________________________________________________________________________ /AucorProperty www.aucorproperty.co.za 12
Large Logistics Facility – Brentwood Park AH, Ekurhuleni Property Description Utilities Utilities are supplied by City of Ekurhuleni Metropolitan Municipality. The capacity of power supply to the property will be confirmed. ________________________________________________________________________________________________________ Gross Building Area Area Description GBA (± m²) Offices 908 Primary Warehouse 2,367 Secondary (New) Warehouse 728 Open Shed 1,257 Total Approximate Gross Lettable Area 5,260 Notes Gross building areas are as extracted from the building plans supplied by the Seller. ________________________________________________________________________________________________________ Parking There is ample parking space available on Holding 54 for visitors and employees alike. ________________________________________________________________________________________________________ Occupation The property will be sold with vacant occupation upon registration of transfer. ________________________________________________________________________________________________________ Condition The improvements are in generally good condition and offer neat curb appeal. No structural survey of the buildings has been undertaken nor have tests or inspections of service installations been arranged. There has been no environmental survey/audit to establish the existence or extent of any environmental contamination. By bidding on this property, the purchaser acknowledges that he has acquainted himself with the extent and the nature of the property he is buying and that he accepts the property as such. /AucorProperty www.aucorproperty.co.za 13
Large Logistics Facility – Brentwood Park AH, Ekurhuleni Zoning Certificate Portion 135 of the Farm Rietpan 66-IR /AucorProperty www.aucorproperty.co.za 14
Large Logistics Facility – Brentwood Park AH, Ekurhuleni Zoning Certificate Holding 51 Brentwood Park AH /AucorProperty www.aucorproperty.co.za 15
Large Logistics Facility – Brentwood Park AH, Ekurhuleni Zoning Certificate /AucorProperty www.aucorproperty.co.za 16
Large Logistics Facility – Brentwood Park AH, Ekurhuleni Zoning Certificate /AucorProperty www.aucorproperty.co.za 17
Large Logistics Facility – Brentwood Park AH, Ekurhuleni Zoning Certificate /AucorProperty www.aucorproperty.co.za 18
Large Logistics Facility – Brentwood Park AH, Ekurhuleni Zoning Certificate /AucorProperty www.aucorproperty.co.za 19
Large Logistics Facility – Brentwood Park AH, Ekurhuleni Zoning Certificate /AucorProperty www.aucorproperty.co.za 20
Large Logistics Facility – Brentwood Park AH, Ekurhuleni Rates Statement Holding 51 /AucorProperty www.aucorproperty.co.za 21
Large Logistics Facility – Brentwood Park AH, Ekurhuleni Rates Statement Portion 135 of the Farm Rietpan 66-IR /AucorProperty www.aucorproperty.co.za 22
Large Logistics Facility – Brentwood Park AH, Ekurhuleni General Plan Diagram Extract from General Plan Diagram SG 332/21 /AucorProperty www.aucorproperty.co.za 23
Large Logistics Facility – Brentwood Park AH, Ekurhuleni Surveyor General Diagram Holding 51 Brentwood Park AH /AucorProperty www.aucorproperty.co.za 24
Large Logistics Facility – Brentwood Park AH, Ekurhuleni Surveyor General Diagram Holding 54 Brentwood Park AH /AucorProperty www.aucorproperty.co.za 25
Large Logistics Facility – Brentwood Park AH, Ekurhuleni /AucorProperty www.aucorproperty.co.za 26
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