INVESTOR’S PACK

Erf 10707, Olievenhoutbos Ext 30, Modisane Street

Web Ref: 108723

PJ 0828880828 /PJ@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 4. . . . . . . . . . . . . . . . Locality Map

Page 6 . . . . . . . . . . . . . . . Zoning Certificate

Page 8 . . . . . . . . . . . . . . . Amendment Scheme

Page 12 . . . . . . . . . . . . . . . Map to Auction

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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AERIAL VIEW

LOCALITY MAP

OLIEVENHOUTSBOS 15

OLIEVENHOUTSBOS 4
OLIEVENHOUTSBOS 20
OLIEVENHOUTSBOS
OLIEVENHOUTSBOS
OLIEVENHOUTSBOS 23 389-JR

OLIEVENHOUTSBOS 26
OLIEVENHOUTSBOS 22

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

PROPERTY DESCRIPTION

Erf: 10707
Township: Olievenhoutbos Ext 30
Land Extent: 4778 m2
Site Improvements: Vacant Land
GPS Co-ordinates: -25.9095, 28.1062

TITLE DEED INFORMATION

Title Deed No: T22941/2017

Registered Owner: Sifiso Education Properties PTY LTD
VAT Status: Registered

MUNICIPAL ZONING

Zoning: Special (for Community Facilities, Crèche,

Offices + shops, excluding Liquor shops
FAR/Bulk: 0.4 or 1,911 m2
Height: As per Site Development Plan
Coverage: 40% or 1,911m2
Parking: As per Site Development Plan

DESCRIPTION OF AREA AND PROPERTY

Olievenhoutbosch is situated in Centurion close to Midrand on the R55. It is a relatively new

suburb and is characterized predominantly by affordable, low-cost housing with some higher
income areas situated to the north, as well as a Curro private school.

Situated just off the intersection of the R55 and Waterberg Drive in Tshwane, Centurion close
to Midrand. The R55 forms an access interchange with the N14 to the north. It is a link between
Pretoria West and Johannesburg.

The Erf is undeveloped land, zoned Special and is serviced to the boundary. The total land
extent is 4778m². As per the Town Planning Scheme, zoning permits the development of
community facilities, a crèche and offices and shops excluding liquor shops.

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

The land could lend itself to a residential development, however it will be the responsibility of
the purchaser to obtain the required zoning and planning permission.

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.
 6

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.
 7

AMENDMENT SCHEME

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

AMENDMENT SCHEME

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

AMENDMENT SCHEME

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

AMENDMENT SCHEME

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

AMENDMENT SCHEME

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

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.