INVESTOR’S PACK

Erven 20827 & 20839, Orange Street, Protea Glen Ext 20

Web Ref: 108721

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. . . . . .. . . . . . . . . . . Proposed Township Layout

Page 9. . . . . . . . . . . . . . . . . General Plan

Page 10. . . . . . . . . . . . . . . . Title Deed

Page 15 . . . . . . . . . . . . . . . Section 82 Certificate

Page 16 . . . . . . . . . . . . . . . Zoning Certificate

Page 19 . . . . . . . . . . . . . . . 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

Site View Site View

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Site View Site View

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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.
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Existing Houses Facing The Site Nearby Power Transmission Lines

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Site View PlaceSite
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View

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View Along Orange Street Construction Works On-Site

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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

SOWETO

NALEDI

PROTEA GLEN

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: 20827 & 20839

Township: Protea Glen Ext 20
Land Extent: 4.4826ha & 2.7988ha, TOTAL: 7.2814ha
Site Improvements: Vacant Land
GPS Co-ordinates: -26.2824, 27.7760

TITLE DEED INFORMATION

Title Deed No: T27639/2017

Registered Owner: SIFISO EDUCATION PROPERTIES PROTEA GLEN
PTY LTD – Reg No. 2017/226121/07
VAT Status: VAT Registered

MUNICIPAL ZONING

Zoning: Educational
FAR/Bulk: 0.2
Height: 3 Storeys
Coverage: 70%
Parking: As per scheme:
- 1 bay per 10 seats + 1 bay per
classroom for Place of Instruction
- 1 bay per 3 seats for Place of
Worship

DESCRIPTION OF AREA AND LOCATION

Protea Glen is a suburb of Johannesburg located to the north of Lenasia and west of Soweto.
It is located approximately 30 to 40 minutes’ drive to the JHB CBD (38km), and 10 minutes to
the Leratong Hospital out towards Kagiso and Chamdor.

There is easy access to the Old Potchefstroom Road, Maponya Mall, Baragwanath Hospital
and Soccer City Stadium using public transport like the Rea Vaya bus system and commuter
taxis.

The first shopping mall in this suburb was the 30 000m2 Protea Glen Mall, a family-friendly
shopping centre on the main arterial route between Krugersdorp and Lenasia, which opened in
October 2012.
Neighboring townships include Tshepisong, Glen Ridge, Kagiso, Dobsonville, Naledi,
Chiawelo, Mapetla and Lenasia.

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 property comprises two adjacent vacant erven totaling 7.2814 hectares.

The sites are currently zoned “ Educational ” and are serviced to the boundary.

 Erf 20827 measuring 4.4825ha is earmarked for a Secondary School

 Erf 20839 measuring 2.7988ha is earmarked for a Primary School
 The erven can be sold separately or as one lot

Zoning allows for coverage of 70%, Height of 3 storeys and Bulk factor of 0.2.

The R559 (Main Road) is the main arterial route through this high-demand residential node of
Protea Glen.

N.B: - A Site Development Plan to the satisfaction of the Council shall be submitted for evaluation
and approval prior to the submission of building plans.

- The erven shall be landscaped and maintained to the satisfaction of the Council.

- Each erf is subject to a 4m servitude for storm-water purposes in favour of the local authority
as indicated on the General Plan.

Nearby Amenities:

Glen Ridge Shopping Centre - 2.00km

Police SAPS – Protea Glen - 4.18km
Itemogele Primary School - 4. 01km
Protea Glen Secondary School - 3.90km
Protea Glen Mall - 3.54km

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

PROPOSED 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

GENERAL PLAN

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

TITLE DEED

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

TITLE DEED

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

TITLE DEED

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

TITLE DEED

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.
 14

SECTION 82 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.
 15

SECTION 82 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.
 16

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.
Add Image for supporting docs here
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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.
 18

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.
 19

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 R Million.

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.