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