INVESTOR’S PACK

Erf 8790, East Central Rd, Windmill Park Ext 21

Web Ref: 108720

Cliff 082 099 8692 / cliff@highstreetauctions.com

JOHANNESBURG AUCTION EVENT

Auction on 16 August 2018 @ 12h00 – Summer Place, 69 Melville Road, Hyde Park, JHB

Auctioneer: Joff van Reenen CAI/AARE (USA)

Tel: 011 684 2707 or www.highstreetauctions.com

The rules of auction are available at http://www.highstreetauctions.com/auction-info-high-street-auctions.php#rules and at our offices.

The auction is conducted in terms of the Regulations relating to auctions contained in The Consumer Protection Act 68 of 2008 and
notice is given that all sales are subject to a minimum reserve unless otherwise stated.
THE HIGH STREET AUCTION COMPANY (PTY) LTD Registration No: 2010/019027/07
CONTENTS:

Page 3 . . . . . . . . . . . . . . . . Picture Gallery

Page 5. . . . . . . . . . . . . . . . Locality Maps

Page 6 . . . . . . . . . . . . . . . . Property Information

Page 8. . . . . .. . . . . . . . . . . Township Layout

Page 9. . . . . . . . . . . . . . . . SG Diagram

Page 10 . . . . . . . . . . . . . . . Zoning Certificate

Page 13 . . . . . . . . . . . . . . . Map to Auction Venue

IMPORTANT AUCTION INFORMATION:

In order to register to bid, please ensure that you bring the following to the auction. You may also
register online at www.highstreetauctions.com: -

 Registration deposit of R50 000 payable either by EFT, Bank Guaranteed Cheque or Credit Card
 ID Book
 Proof of Residence
 Letter of authority to sign on behalf of a juristic entity

The highest bidder on the auction day will pay a deposit of 16.5% (5% deposit, 10% buyer’s premium
+ Vat) by EFT into our Trust account immediately. The balance of the purchase price will be secured
by the Purchaser within 30 (thirty) business days of acceptance of the offer.

In the event that a cash deposit is made, the Depositor will be liable for the bank charges relating to
that transaction.

Only the highest bid achieved at the auction will be submitted to the Seller for acceptance and
no counter offers will be considered during the confirmation period.

DISCLAIMER: Whilst reasonable precautions have been taken in compiling the information contained in this
document, neither the seller nor the Auctioneer shall be liable for any loss, damage or expense whatsoever
or howsoever caused, arising from reliance on any information provided, nor do they guarantee the
completeness or accuracy thereof, the duty at all times resting on the Purchaser to conduct its own due
diligence inspections relating to the property/ies referred to herein in order to verify the information reflected,
and the purchaser’s participation in any auction or private treaty sale based upon such information shall be
entirely at its own risk and in acceptance of the aforegoing.
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PHOTO GALLERY

Entrance Along East Central Road Walled And Gated Site

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Site View Site View

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DISCLAIMER: Whilst reasonable precautions have been taken in compiling the information contained in this document, neither the seller nor the Auctioneer shall be liable for any loss,
damage or expense whatsoever or howsoever caused, arising from reliance on any information provided, nor do they guarantee the completeness or accuracy thereof, the duty at all times
resting on the Purchaser to conduct its own due diligence inspections relating to the property/ies referred to herein in order to verify the information reflected, and the purchaser’s
participation in any auction or private treaty sale based upon such information shall be at entirely at its own risk and in acceptance of the aforegoing.
 4

Site View Site View

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Site View Site View

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Site View Erf Overview

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DISCLAIMER: Whilst reasonable precautions have been taken in compiling the information contained in this document, neither the seller nor the Auctioneer shall be liable for any loss,
damage or expense whatsoever or howsoever caused, arising from reliance on any information provided, nor do they guarantee the completeness or accuracy thereof, the duty at all times
resting on the Purchaser to conduct its own due diligence inspections relating to the property/ies referred to herein in order to verify the information reflected, and the purchaser’s
participation in any auction or private treaty sale based upon such information shall be at entirely at its own risk and in acceptance of the aforegoing.
 5

AERIAL VIEW

LOCALITY MAP

KLIPPOORTJE
WINDMILL PARK

DAWN PARK

DISCLAIMER: Whilst reasonable precautions have been taken in compiling the information contained in this document, neither the seller nor the Auctioneer shall be liable for any loss,
damage or expense whatsoever or howsoever caused, arising from reliance on any information provided, nor do they guarantee the completeness or accuracy thereof, the duty at all times
resting on the Purchaser to conduct its own due diligence inspections relating to the property/ies referred to herein in order to verify the information reflected, and the purchaser’s
participation in any auction or private treaty sale based upon such information shall be at entirely at its own risk and in acceptance of the aforegoing.
 6

PROPERTY DESCRIPTION

Erf: 8790
Township: Windmill Park Ext 21
Land Extent: 2.9092ha
Site Improvements: Vacant Land
GPS Co-ordinates: -26.2939, 28.2554

TITLE DEED INFORMATION

Title Deed No: T9395/2017

Registered Owner: SIFISO EDUCATION PROPERTIES PTY LTD
VAT Status: Registered

MUNICIPAL ZONING

Zoning: Community Facility

FAR/Bulk: 0.25
Height: 2 Storeys
Coverage: 50%
Parking: As per scheme

DESCRIPTION OF AREA AND LOCATION

Windmill Park is a suburb of the East Rand conveniently situated on the border of the southern
section of Boksburg and lies close to the Wadeville and Germiston industrial nodes.
The suburb is ideally located approximately 38 minutes drive from the Johannesburg CBD and
10 minutes from Boksburg and Alberton.
Residents of this area can easily commute to and from the Johannesburg CBD and Germiston
by travelling along the N3 freeway, as well as to and from Brakpan, Springs and Boksburg via
the N17.
The suburb of Windmill Park also offers a good selection of multi-storey sectional title complexes
which are currently popular with first-time homebuyers in search of affordable maintenance,
security and modern design.
Windmill Park is in close proximity to the O.R Tambo International Airport and is also served by
the nearby East Rand, Chris Hani, Dawn Park and Alberton Malls. Carnival City is also a mere
15 minutes drive away.
Surrounding suburbs include: Dawn Park, Sunward Park, Rondebult, Spruitview, Roodekop,
Vosloorus and Groeneweide.

DISCLAIMER: Whilst reasonable precautions have been taken in compiling the information contained in this document, neither the seller nor the Auctioneer shall be liable for any loss,
damage or expense whatsoever or howsoever caused, arising from reliance on any information provided, nor do they guarantee the completeness or accuracy thereof, the duty at all times
resting on the Purchaser to conduct its own due diligence inspections relating to the property/ies referred to herein in order to verify the information reflected, and the purchaser’s
participation in any auction or private treaty sale based upon such information shall be at entirely at its own risk and in acceptance of the aforegoing.
 7

DESCRIPTION OF PROPERTY AND IMPROVEMENTS

The subject site comprises vacant land situated within the enclosed township of Windmill Park
Extension 21, a large residential development undertaken by Cosmopolitan Projects.

The suburb is enclosed by a perimeter wall and a secure, guarded entrance to enhance residents’
peace of mind. There is also a children’s play park complete with jungle gym equipment.

This rapidly expanding suburb appeals to young families and as a result there is a growing demand
for Community Facilities in the area.

This development is well situated just off the N17 and R21 freeways.

Other features of the subject site include:

 2.9ha in extent
 Zoning: Community Facility (50% coverage, Height of 2 storeys and Bulk factor of 0.25)
 Zoning allows for: - Place of Worship
- Social Hall
- Child Care Facilities
- Places of Instruction & Education
- Primary + Secondary Schools, as well as
- Universities, Colleges and Training Facilities
 Secondary rights: Consent use for Residential Purposes
 Located on the busy East Central Road
 Please note that access is via Dakar Street, which can be accessed directly off East Central
Road.

We have not undertaken a structural survey of the above-described improvements or

finishes, nor have we arranged for tests or inspections to be carried out on any of the
service installations.

DISCLAIMER: Whilst reasonable precautions have been taken in compiling the information contained in this document, neither the seller nor the Auctioneer shall be liable for any loss,
damage or expense whatsoever or howsoever caused, arising from reliance on any information provided, nor do they guarantee the completeness or accuracy thereof, the duty at all times
resting on the Purchaser to conduct its own due diligence inspections relating to the property/ies referred to herein in order to verify the information reflected, and the purchaser’s
participation in any auction or private treaty sale based upon such information shall be at entirely at its own risk and in acceptance of the aforegoing.
 8

TOWNSHIP LAYOUT

DISCLAIMER: Whilst reasonable precautions have been taken in compiling the information contained in this document, neither the seller nor the Auctioneer shall be liable for any loss,
damage or expense whatsoever or howsoever caused, arising from reliance on any information provided, nor do they guarantee the completeness or accuracy thereof, the duty at all times
resting on the Purchaser to conduct its own due diligence inspections relating to the property/ies referred to herein in order to verify the information reflected, and the purchaser’s
participation in any auction or private treaty sale based upon such information shall be at entirely at its own risk and in acceptance of the aforegoing.
 9

SG DIAGRAM

DISCLAIMER: Whilst reasonable precautions have been taken in compiling the information contained in this document, neither the seller nor the Auctioneer shall be liable for any loss,
damage or expense whatsoever or howsoever caused, arising from reliance on any information provided, nor do they guarantee the completeness or accuracy thereof, the duty at all times
resting on the Purchaser to conduct its own due diligence inspections relating to the property/ies referred to herein in order to verify the information reflected, and the purchaser’s
participation in any auction or private treaty sale based upon such information shall be at entirely at its own risk and in acceptance of the aforegoing.
 10

ZONING CERTIFICATE

DISCLAIMER: Whilst reasonable precautions have been taken in compiling the information contained in this document, neither the seller nor the Auctioneer shall be liable for any loss,
damage or expense whatsoever or howsoever caused, arising from reliance on any information provided, nor do they guarantee the completeness or accuracy thereof, the duty at all times
resting on the Purchaser to conduct its own due diligence inspections relating to the property/ies referred to herein in order to verify the information reflected, and the purchaser’s
participation in any auction or private treaty sale based upon such information shall be at entirely at its own risk and in acceptance of the aforegoing.
 11

ZONING CERTIFICATE

DISCLAIMER: Whilst reasonable precautions have been taken in compiling the information contained in this document, neither the seller nor the Auctioneer shall be liable for any loss,
damage or expense whatsoever or howsoever caused, arising from reliance on any information provided, nor do they guarantee the completeness or accuracy thereof, the duty at all times
resting on the Purchaser to conduct its own due diligence inspections relating to the property/ies referred to herein in order to verify the information reflected, and the purchaser’s
participation in any auction or private treaty sale based upon such information shall be at entirely at its own risk and in acceptance of the aforegoing.
 12

ZONING CERTIFICATE

Add Image for supporting docs here

DISCLAIMER: Whilst reasonable precautions have been taken in compiling the information contained in this document, neither the seller nor the Auctioneer shall be liable for any loss,
damage or expense whatsoever or howsoever caused, arising from reliance on any information provided, nor do they guarantee the completeness or accuracy thereof, the duty at all times
resting on the Purchaser to conduct its own due diligence inspections relating to the property/ies referred to herein in order to verify the information reflected, and the purchaser’s
participation in any auction or private treaty sale based upon such information shall be at entirely at its own risk and in acceptance of the aforegoing.
 13

MAP TO AUCTION VENUE

Unless otherwise announced, the High St. Auction Co. and the Auctioneer are entitled to bid on behalf of
the seller up to the reserve price.
The total cost of advertising and conducting the auction is R2 601 200.00

DISCLAIMER: Whilst reasonable precautions have been taken in compiling the information contained in this document, neither the seller nor the Auctioneer shall be liable for any loss,
damage or expense whatsoever or howsoever caused, arising from reliance on any information provided, nor do they guarantee the completeness or accuracy thereof, the duty at all times
resting on the Purchaser to conduct its own due diligence inspections relating to the property/ies referred to herein in order to verify the information reflected, and the purchaser’s
participation in any auction or private treaty sale based upon such information shall be at entirely at its own risk and in acceptance of the aforegoing.