BP Six Fountains Erf 216 27 September 2019 LK3

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Six Fountains Commercial Development Opportunity

Pretoria East Prime Location – Land Size ±8,460m² (Seller Supplied)

Corner Bendeman Boulevard and


Ferreira Street
Wednesday, 16 October 2019 @ 12h00

Houghton Golf Club – Osborn Road, Houghton, Johannesburg


John Hislop | 083 265 6867 | JohnH@aucor.com

Version 3: 27 September 2019 LK


Prime Commercial Development Opportunity – Six Fountains, Pretoria East

Index

Disclaimer, Auction Information and Terms & Conditions Page 3

Property Images Page 4

Executive Summary & Key Investment Highlights Page 5

General Information Page 6

Locality Information Page 7

Property Description Page 9

Site Layout Page 11

Supplementary Information Page 12

Zoning Information Page 13

Surveyor General Diagram Page 16

Servitude Diagram Page 18

/AucorProperty www.aucorproperty.co.za 2
Prime Commercial Development Opportunity – Six Fountains, Pretoria East

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
Prime Commercial Development Opportunity – Six Fountains, Pretoria East

Property Images
Aerial Images
Boundary lines are not to scale and are drawn for
illustrative purposes only.

Boundary lines are not to scale and are drawn for


illustrative purposes only.

/AucorProperty www.aucorproperty.co.za 4
Prime Commercial Development Opportunity – Six Fountains, Pretoria East

Executive Summary &


Key Investment Highlights
Corner Bendeman Boulevard and Ferreira Street - Six Fountains,
Street Address:
Pretoria East
GPS Co-Ordinates: -25.7775, 28.3511

Approximate Land Size: ±8,460m² (Seller Supplied - See Site Layout attached to this brochure)
Zoning: Special' (See Township Approval attached to this brochure)

The topography of the property is generally flat with -1.6% slope in a


Topography: north-easterly direction. The property is covered in various grasses and
shrubs.

The subject property is a greenfield property with no improvements


Improvements:
thereon.

The property will be sold with vacant occupation upon registration of


Occupation:
transfer.

Commercial development opportunity in Six Fountains, Pretoria East.


The node surrounding the Solomon Mahlangu Drive and Lynwood
Road intersection is one of the fastest growing commercial nodes in
Key Investment Highlights:
the east of Pretoria.
The vast expansion of residential opportunities caused an increased
demand for commercial activities in the area.

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 5
Prime Commercial Development Opportunity – Six Fountains, Pretoria East

General Information
Street Address Corner Bendeman Boulevard and Ferreira Street - Six Fountains,
Pretoria East
GPS Coordinates -25.7775, 28.3511
________________________________________________________________________________________________________

Title Deed Information


Title Deed Number TBC
Registered Owner Mtamvuna Investments (Pty) Ltd
Title Deed Description TBC
Registered Land Size TBC
Title Deed Conditions TBC
Servitudes TBC
The subject property is in the process of being subdivided from Erf 216, Six Fountains Extension 7. The
applicable subdivided portion will be approximately 8,460m² extent (Seller Supplied). The sale of the subject
portion is subject to the sub-division process being completed. The sub-division process is in progress and
the Seller takes all responsibility to complete said process. The subject property will be transferable once the
process has been completed and a Title Deed and Servitude Diagram have been issued.

________________________________________________________________________________________________________
Municipality Information
Municipality City of Tshwane Metropolitan Municipality
Rates To be verified

The Municipal Property Rates can only be confirmed once the sub-division process has been finalized.

________________________________________________________________________________________________________
Zoning Information
A copy of the Sub-Division Application as submitted to the City of Tshwane Metropolitan Municipality is
available to prospective bona fide purchasers upon request thereof. The zoning information is however the
same as that of the undivided property. Basic zoning information for the undivided property is provided
below.
Zoning 'Special'
Permitted Uses 'Business Buildings, Commercial Purposes, Retail Industries,
Garden and Domestic Centres, Parking Garages, Place of
Refreshment, Shop, Workshops, Restricted Industries, Vehicle
Centres, Special Buildings, Builders' Warehouse, Wholesale Trade'
Floor Area Ratio 0.5
Zoning Information in terms of the Tshwane Town Planning Scheme, 2009 (Revised 2014) - a copy is available upon request
thereof. For further requirements see the Township Approval attached to this brochure.

/AucorProperty www.aucorproperty.co.za 6
Prime Commercial Development Opportunity – Six Fountains, Pretoria East

Locality Information
Macro Locality
The property is advantageously situated on the corner of Bendeman Boulevard and Ferreira Street, just of
Solomon Mahlangu Drive in the suburb of Six Fountains, Pretoria East. The node surrounding the Solomon
Mahlangu Drive and Lynwood Road intersection is one of the fastest growing commercial nodes in the east
of Pretoria. The node is surrounded by multiple upmarket, higher density residential developments both
north-east and north-west of the subject property, whilst various traditional low-density neighbourhoods are
located south-west of the subject property. Major arterial roads such as Atterbury Road, Garstfontein Road
and Lynnwood Road are easily accessible from Solomon Mahlangu Drive. The N4 and N1 Highways are in
relatively close proximity to the subject property. All major amenities and services are available.
GPS coordinates for the site are as follows: -25.7775, 28.3511.

Equestria
n

Silver Lakes

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


N

/AucorProperty www.aucorproperty.co.za 7
Prime Commercial Development Opportunity – Six Fountains, Pretoria East

Locality Information
Micro Locality

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

Solomon Mahlangu Drive

/AucorProperty www.aucorproperty.co.za 8
The boundary lines are approximate (Seller Supplied). The
exact boundary lines will be confirmed upon our receipt

N
thereof.

Locality
Information
Property

/AucorProperty
Description
Approximate Boundaries (Seller Supplied)
Prime Commercial Development Opportunity – Six Fountains, Pretoria East

www.aucorproperty.co.za
Image Data: City of Tshwane GIS

Invasive Alien Plants


We are unaware of any Invasive Alien Plants on the property. 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, including the vegetation on the
property.

9
Prime Commercial Development Opportunity – Six Fountains, Pretoria East

Property Description
Topography The topography of the property is generally flat with -1.6% slope in a north-easterly
direction. The 2-meter contour lines are illustrated in the figure below. The property
is covered in various grasses and shrubs.

Image Data: City of Tshwane GIS

________________________________________________________________________________________________________

Improvements The subject property is a greenfield property with no improvements thereon.


________________________________________________________________________________________________________

Services Bulk services are available for the intensity of allowable activities as per the existing
zoning. It is the buyer’s responsibility to investigate if there are any other additional
development costs payable.
________________________________________________________________________________________________________
Soil Conditions The property is located in an area with adverse soil conditions. Foundations and
structure elements should therefore be designed by competent professionals to
mitigate potential damage. See page 12 for a description of the soil conditions.
Section 9 of the Geotechnical Report also details mitigation measures to reduce
risk of potential damage. The report is available to prospective bona fide
purchasers upon request thereof. See
________________________________________________________________________________________________________
Access Access to the property is obtained from Bendeman Boulevard.
________________________________________________________________________________________________________

Occupation The property will be sold with vacant occupation upon registration of transfer.
________________________________________________________________________________________________________

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 10
Prime Commercial Development Opportunity – Six Fountains, Pretoria East

Site Layout
Boundaries of Sub-Divided Portion

/AucorProperty www.aucorproperty.co.za 11
Prime Commercial Development Opportunity – Six Fountains, Pretoria East

Supplementary Information
Soil Conditions

/AucorProperty www.aucorproperty.co.za 12
Prime Commercial Development Opportunity – Six Fountains, Pretoria East

Zoning Information
Township Approval - Erf 216 (Undivided) - Relevant Extracts Only

/AucorProperty www.aucorproperty.co.za 13
Prime Commercial Development Opportunity – Six Fountains, Pretoria East

Zoning Information
Township Approval - Erf 216 (Undivided) - Relevant Extracts Only

/AucorProperty www.aucorproperty.co.za 14
Prime Commercial Development Opportunity – Six Fountains, Pretoria East

Zoning Information
Township Approval - Erf 216 (Undivided) - Relevant Extracts Only

/AucorProperty www.aucorproperty.co.za 15
Prime Commercial Development Opportunity – Six Fountains, Pretoria East

Surveyor General Diagram


S.G. No. A4075/2011 - Erf 216 (Undivided)

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Prime Commercial Development Opportunity – Six Fountains, Pretoria East

Surveyor General Diagram


S.G. No. A4075/2011 - Erf 216 (Undivided)

exact boundary lines will be confirmed upon our receipt thereof.


The boundary lines are approximate (Seller Supplied). The

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Prime Commercial Development Opportunity – Six Fountains, Pretoria East

Servitude Diagram
S.G. No. A1457/2012 - Erf 216 (Undivided)

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Prime Commercial Development Opportunity – Six Fountains, Pretoria East

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