Unit 3 20 Peltier Drive - Aucor

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Unit 3 20 Peltier Drive - Aucor
Sunninghill              Offices in a Secure Business Park
Johannesburg             GBA - ±1,670m2

 Unit 3 20 Peltier Drive
     Tuesday, 14 July 2020 @ 12h00

     Houghton Golf Club – Osborn Road, Houghton, Johannesburg

     Sean Oshea | 083 265 8593 | SeanOS@aucor.com

                                Version 3: 2 June 2020 NT
Unit 3 20 Peltier Drive - Aucor
Offices in Secure Business Park - Sunninghill Park, Johannesburg

   Index

   Disclaimer, Auction Information and Terms & Conditions                 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

   Building Plans – As built                                              Page 13

   Levy Statement                                                         Page 15

   General Plan Diagram                                                   Page 16

                  /AucorProperty                www.aucorproperty.co.za             2
Unit 3 20 Peltier Drive - Aucor
Offices in Secure Business Park - Sunninghill Park, Johannesburg

   Disclaimer, Auction Information and
   Terms & Conditions
   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 the 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
Unit 3 20 Peltier Drive - Aucor
Offices in Secure Business Park - Sunninghill Park, Johannesburg

   Property Images
       The boundary lines are not drawn
       to scale and have been drawn for
       illustrative purposes only
                                                     Waterfall

                  /AucorProperty                www.aucorproperty.co.za   4
Unit 3 20 Peltier Drive - Aucor
Offices in Secure Business Park - Sunninghill Park, Johannesburg

   Property Images

                  /AucorProperty                www.aucorproperty.co.za   5
Unit 3 20 Peltier Drive - Aucor
Offices in Secure Business Park - Sunninghill Park, Johannesburg

   Executive Summary &
   Key Investment Highlights
     Street Address:                        Unit 3 20 Peltier Drive - Sunninghill, Johannesburg
     GPS Coordinates:                       -26.0325, 28.0774

                                            Ptn 2 - 862m²Ptn 3 - 913m²
     Registered Erf Size:                   Ptn 4 - 650m²
                                            Total Registered Land Size - 2,425m²
                                            To be verified' - (A a copy of t he zoning cert ificat e/confirmat ion has
     Zoning:
                                            been request ed)
                                            Rates - To be Verified
     Assessment Rates & Levies:
                                            Levies - RR 14,431.68 / month (including a CSOS levy of R40.00)

                                            See from page 11 for full accommodat ion det ails
                                            The subject property forms a part of the Sunninghill Office Park, a well-
                                            established business park hosting several full title office buildings of
     Accommodation:                         similar design and general configuration. The subject property
                                            comprises a triple storey office building with a rectangular footprint
                                            constructed across three adjoining erven.

                                                                            Area Description                GBA (± m²)
                                                              First Floor                                     721.8
                                                              Second Floor                                     721.8
                                                              Rooftop Office                                   226.6
                                                                  Total Approximate Gross Building Area       1670.2
                                                              Basement area (excluded from GBA)                721.8
     Gross Building Areas:                                   Not es.
                                                             The Gross Building Areas (GBA) are approximat es based
                                                             on a combinat ion of on-sit e and aerial phot ograph
                                                             measurement s t aken along t he out er walls of t he
                                                             buildings and includes penet rat ions such as st aircases
                                                             and passageways.

     Occupation:                            The subject property is multi-let. See page 12 for det ails.

                                            Situated in a core commercial node of Sunninghill, in an established
                                            office park known as Sunninghill Office Park.

                                            Situated in a well-maintained, secure office park.

                                            Located in close proximity to a number of important major roads
     Key Investment Highlights:             connecting the locality to the primary commercial nodes in the
                                            northern parts of Johannesburg and the greater Gauteng City region.
                                            The layout and design of the buildings allows for multiple tenancy
                                            options, with the internal configuration currently being primarily by way
                                            of dry wall partitioning (allowing for simple reconfiguration as and
                                            when required).

     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
Unit 3 20 Peltier Drive - Aucor
Offices in Secure Business Park - Sunninghill Park, Johannesburg

   General Information
   Street Address                                 Unit 3 20 Peltier Drive - Sunninghill, Johannesburg
   GPS Coordinates                                -26.0325, 28.0774
   ________________________________________________________________________________________________________

   Title Deed Information

   Title Deed Number                              T16813/2020
   Registered Owner                               Happy Endings Property (Pty) Ltd
   Title Deed Description                         Portions 2, 3 and 4 of Erf 1159, Sunninghill
   Registered Erf Size                            Ptn 2 - 862m²                    Ptn 3 - 913m²
                                                  Ptn 4 - 650m²
                                                  Total Registered Land Size - 2,425m²
   Title Deed Conditions                          A copy of the Title Deed is on hand and will be made available
                                                  upon request.
   ________________________________________________________________________________________________________

   Municipality Information

   Municipality                                   City of Johannesburg Metropolitan Municipality
   Rates                                          To be verified
   Levies                                         R 14,431.68 / month (including a CSOS levy of R40.00 - see a
                                                  copy of the statement attached to this brochure)
   ________________________________________________________________________________________________________

   Zoning Information
   Zoning                                         'To be verified' - (A a copy of the zoning certificate/confirmation
                                                  has been requested)
   Amendment Scheme                               TBC
   Permitted Uses (per amendment scheme) TBC
   Coverage                                       TBC
   Floor Area Ratio                               TBC
   Height Restriction                             TBC
   Building Lines                                 TBC
   Parking                                        TBC
   *City of Johannesburg Land Use Scheme, 2018 – a copy of the scheme will be made available upon
   request.

                    /AucorProperty              www.aucorproperty.co.za                                                 7
Unit 3 20 Peltier Drive - Aucor
Offices in Secure Business Park - Sunninghill Park, Johannesburg

   Locality Information
   Macro Locality
   The subject property is located in Sunninghill, in an established upmarket suburb of Sandton known as
   Sunninghill. The suburb is close to the heart of Gauteng’s most important commercial centres including the
   Sandton CBD, Rosebank and the Johannesburg CBD, with easy access to major highways, including the N1,
   N3 and M1, which connect to the locality to the greater Gauteng City Region. The major Buccleuch
   interchange is within close proximity to the property, as well. The suburb is characterised by a mixture of
   expansive commercial developments and high density residential offerings. The node is further serviced by
   a variety of convenience retail centres and important general amenities such as the nearby The Core
   Shopping Centre, Sunninghill Shopping Centre and Netcare Sunninghill Hospital.
   GPS Co-Ordinates for the subject property are as follows: -26.0325, 28.0774

                                                                Barbeque Downs
         Lone Hill

                                                                              Waterfall Equestrian
                                                                                    Estate

                                                      Sunninghill

            Bryanston

      Image Data: Google, AfriGIS (Pty) Ltd, DigitalGlobe

                     /AucorProperty                         www.aucorproperty.co.za                              8
Unit 3 20 Peltier Drive - Aucor
Offices in Secure Business Park - Sunninghill Park, Johannesburg

   Locality
   Locality
   Information Information
   Micro Locality
                        Waterfall

                                                                           Image Data: Google, AfriGIS (Pty) Ltd, DigitalGlobe
         Kyalami Park

                                /AucorProperty   www.aucorproperty.co.za                                                         9
Unit 3 20 Peltier Drive - Aucor
Offices in Secure Business Park - Sunninghill Park, Johannesburg

   Locality
   Property
   Information Description
   Approximate Boundaries
           N

                                                                          Image Data: City of Johannesburg GIS

                  /AucorProperty                www.aucorproperty.co.za                                          10
Offices in Secure Business Park - Sunninghill Park, Johannesburg

   Property Description
   Accommodation              The subject property forms a part of the Sunninghill Office Park, a well-established
                              business park hosting several full title office buildings of similar design and general
                              configuration. The subject property comprises a triple storey office building with a
                              rectangular footprint constructed across three adjoining erven.

                              The offices are effectively built on top of a covered (basement) parking level along
                              the ground floor. The first and second floor have a similar layout, with common
                              areas constituting the central spans and offices configured on either side of these
                              spans. The first floor, however, hosts an expansive central reception/lobby area
                              intended to service the entire building. The rooftop loft features a different
                              configuration with the space having been configured to host multiple tenancies by
                              way of dry-wall partitioning. The basement (ground floor) parking extent has been
                              modified to accommodate three additional storage rooms.

   ________________________________________________________________________________________________________
   Additional Features       The buildings include the following additional features:
                                   •         Multiple access-controlled entrances to the various internally configured
                                             units/office areas
                                   •         Ample covered parking (basement and shade-net)
                                   •         24/7 Security;
                                   •         Air-conditioning units installed in the facility;
                                   •         Fire protection installations including fire hoses and extinguishers throughout
   ________________________________________________________________________________________________________
   Construction               The building is constructed of rendered and painted brick walls under concrete
                              roofing.
   ________________________________________________________________________________________________________
   Fixtures and Finishes       The different office units on each floor feature generally similar fixtures and finishes.
                               Flooring is a combination of ceramic tiles and carpets with the ceilings being
                               generally finished with suspended ceiling boards. The various units have slight
                               variances with certain extents having been altered by tenants according to their
                               respective needs over time.
   ________________________________________________________________________________________________________
   Utilities                   All services are supplied by the City of Johannesburg Metropolitan Municipality.
   ________________________________________________________________________________________________________
   Gross Building Area                         Area Description              GBA (± m²)
                               First Floor                                     721.8
                               Second Floor                                     721.8
                               Rooftop Office                                   226.6
                                   Total Approximate Gross Building Area       1670.2
                               Basement area (excluded from GBA)                721.8
                              Not es.
                              The Gross Building Areas (GBA) are approximat es based
                              on a combinat ion of on-sit e and aerial phot ograph
                              measurement s t aken along t he out er walls of t he
                              buildings and includes penet rat ions such as st aircases
                              and passageways.

                  /AucorProperty                           www.aucorproperty.co.za                                             11
Offices in Secure Business Park - Sunninghill Park, Johannesburg

   Property Description
   Parking                      The yard is covered with interlocked brick paving throughout.
                                18* Covered Parking Bays;            34 Shade-net Parking Bays;               8 Open Bays
                                Total parking provided: parking bays
                                * There are 25 covered parking bays, of which 7 have been utilized in the
                                configuration of 3 additional storage rooms/areas.
   ________________________________________________________________________________________________________
   Perimeter                    The property is unenclosed throughout, but is located within a secure office park
                                with more than adequate perimeter wall enclosures and additional security, as
                                well.
   ________________________________________________________________________________________________________
   Occupation                   The property is currently multi-let. The tenancy can be summarized as follows:
                                                           Basic Rent                                     Lease/Terms Expiry
                                         Tenant             (Gross)          Parking     Total Rent
                                     SXI                  R      8 772   R         700   R      9 472       30/09/2021
                                     UCE                  R     10 046   R         350   R     10 396           TBC
                                     Advice Network       R     15 000   R         -     R     15 000    Month-to-month
                                                          R     33 818   R       1 050   R     34 868
                                Notes:
                                1.    The above information is as supplied by the Seller. The relevant executed lease
                                      agreement/supporting documentation for SXI and UCE respectively has been requested from
                                      the Seller and will be perused and verified upon our receipt thereof.
                                2.    The offer to lease for the space occupied by Advice Network has yet to be signed. The space
                                      is presently occupied on a month-to-month basis.

   ________________________________________________________________________________________________________
   Condition                    The building appears to be in good condition and offers excellent curb appeal
                                with ongoing repairs and maintenance required. No structural survey of the
                                buildings has been undertaken nor have tests or inspections of service installations
                                been arranged.
   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                                                        12
Offices in Secure Business Park - Sunninghill Park, Johannesburg

   Building Plans – As built

                  /AucorProperty                www.aucorproperty.co.za   13
Offices in Secure Business Park - Sunninghill Park, Johannesburg

   Building Plans – As built

                  /AucorProperty                www.aucorproperty.co.za   14
Offices in Secure Business Park - Sunninghill Park, Johannesburg

   Levy Statement

                  /AucorProperty                www.aucorproperty.co.za   15
Offices in Secure Business Park - Sunninghill Park, Johannesburg

   General Plan Diagram
   S.G. No. A3598/1995

                  /AucorProperty                www.aucorproperty.co.za   16
Offices in Secure Business Park - Sunninghill Park, Johannesburg

                  /AucorProperty                www.aucorproperty.co.za   17
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