28 Sheringham Drive - Aucor
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Fourways Waterford Office Park – A-Grade Offices in Prime Location
Johannesburg Total GBA - ± 627m²
28 Sheringham Drive
Tuesday, 25 August 2020 @ 12h00
Houghton Golf Club – Osborn Road, Houghton, Johannesburg
Letta Molefe | 074 155 7591 | Letta@aucor.com
Version 1: 21 July 2020 LMOffices in Secure Business Park - Maroeladal (Fourways),
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 Page 13
Levy Statement Page 14
Rates Statement Page 15
Surveyor General Diagram Page 17
/AucorProperty www.aucorproperty.co.za 2Offices in Secure Business Park - Maroeladal (Fourways),
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.
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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/
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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 3Offices in Secure Business Park - Maroeladal (Fourways),
Johannesburg
Property Images
The boundary lines are not drawn to scale and have been drawn for illustrative purposes only
The boundary lines are not drawn to scale and
have been drawn for illustrative purposes only
/AucorProperty www.aucorproperty.co.za 4Offices in Secure Business Park - Maroeladal (Fourways),
Johannesburg
Property Images
/AucorProperty www.aucorproperty.co.za 5Offices in Secure Business Park - Maroeladal (Fourways),
Johannesburg
Executive Summary &
Key Investment Highlights
Street Address: Waterford Estates Office Park: 28 Sheringham Drive, Maroeldal, Sandton
GPS Coordinates: -26.0254, 27.9879
Registered Land Size: 1,212m²
Zoning: Special' - See the zoning confirmation attached to this brochure
Assessment Rates & Levies: R 12 692,61 / month - excluding consumption charges and city levies.
See from page 11 for full detalils
The improvements on the subject property comprise of a double-storey
Accommodation:
office building with a basement parking.
Approx. Total Gross Building Area:
Occupation: The property will be sold with vacant occupation on transfer.
Advantageously located in the vibrant economic hub of Fourways
(Witkoppen) with ease of access to Cedar Road and Witkoppen Road -
both of which are major throughfares through the greater Fourways
area.
Key Investment Highlights: The prime location in the centre of Fourways allows ease of access to
service offerings including Fourways Mall, Cedar Square, Montecasino,
Fourways Crossing and Life Fourways Hospital, to name a few, all in
very close proximity to the subject 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.
/AucorProperty www.aucorproperty.co.za 6Offices in Secure Business Park - Maroeladal (Fourways),
Johannesburg
General Information
Street Address Unit 28 Sheringham Drive, Waterford Estate - Maroeladal
(Fourways), Johannesburg
GPS Coordinates -26.0254, 27.9879
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Title Deed Information
Title Deed Number T161098/2007
Registered Owner Phase 2 C D S Inv Pty Ltd
Title Deed Description Erf 729 Maroeladal Ext 27 City of Johannesburg Gauteng
Registered Erf Size 1 212m²
Title Deed Conditions A copy of the Title Deed is on hand and will be made available
upon request.
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Municipality Information
Municipality City of Johannesburg Metropolitan Municipality
Rates and Levies Excluding consumption charges and city levies. Based on the tax invoices for the June
2020 billing period. The levy statement is attached to this brochure. Rates invoices are on
hand and will be provided to bona fide purchasers upon request.
2017 / 2018
Municipal Rates 2017 / 2018 2017 / 2018
Erf Exclusion Rebate Monthly Rates
Valuation Category Tariff Annual Rates
(Annual ÷12)
R - R - R -
729 R 7 560 000 Business N/A N/A 0,0201470 R 152 311,32 R 12 692,61
R - R - R -
Total Property Rates Payable per Month R 12 692,61
Note:
Due to the nature and extents of the improvements spanning all three erven, the properties are, for all intents
and purposes, valued and invoiced as a single property as is evident from the tax invoice as received from the
Municipality.
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Zoning Information
Zoning' Special' (A copy of the zoning certificate has been requested
and will be provided upon our receipt thereof)
Amendment Scheme To be verified
Permitted Uses (per amendment scheme) TBC
Coverage TBC
Floor Area Ratio TBC
Height Restriction TBC
Building Lines TBC
Parking As per scheme*
*City of Johannesburg Land Use Scheme, 2018 – a copy of the scheme will be made available upon quest.
/AucorProperty www.aucorproperty.co.za 7Offices in Secure Business Park - Maroeladal (Fourways),
Johannesburg
Locality Information
Macro Locality
The subject property is situated in the sought-after office park known as Waterfall Office Park in the heart of
an established suburb of Fourways, known as Witkoppen. Witkoppen, as well as the broader Fourways area,
is a fast developing commercial and residential hub in the north of Johannesburg. The main access routes
to Fourways are off the N1-highway at the R511/William Nicol Drive, or alternatively along the
R564/Witkoppen Road. Although Fourways is constantly abuzz with activity, its position on the outskirts of the
metropolis makes it a gateway to the countryside, abundant with rolling hills and game parks to enjoy both
the urban offerings and wildlife attractions of Johannesburg. Fourways is bordered by Bryanston to the east
and south, while Randburg lies to the west. Additionally, Fourways is conveniently located near Sandton,
which is considered the financial hub of South Africa. The subject property is easily accessed by means of a
number of major and secondary routes, being advantageously located between Cedar Road and William
Nicol Drive and in very close proximity to Cedar Square, Fourways Mall, Montecasino and Fourways
Crossing. GPS coordinates for the sites are as follows: -26.0254, 27.9879
Image Data: Google, AfriGIS (Pty) Ltd, DigitalGlobe
/AucorProperty www.aucorproperty.co.za 8Offices in Secure Business Park - Maroeladal (Fourways),
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Locality
Locality
Information
Information
Micro Locality
Shopping Centre
The Buzz
Image Data: Google, AfriGIS (Pty) Ltd, DigitalGlobe
/AucorProperty www.aucorproperty.co.za 9Offices in Secure Business Park - Maroeladal (Fourways),
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Property
Locality
Information
Description
Approximate Boundaries
N
Image Data: City of Johannesburg GIS
/AucorProperty www.aucorproperty.co.za 10Offices in Secure Business Park - Maroeladal (Fourways),
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Property Description
Accommodation The subject of properties forms a part of the Waterford Office Park, a well-established
business park hosting several full title office buildings of similar design and general
configuration.
The property comprises a free-standing double storey office building, a parking lot
hosting a number of shade-net parking bays and access-controlled basement
parking bays.
The main entrance is access-controlled and opens onto a core platform that
provides a secondary access-controlled entrance to the ground floor office, as well
as hosts the staircase leading directly to the access-controlled entrance door of the
first-floor office. Each platform includes separate male and female ablution facilities.
The two (2) floors feature a similar floorplan, each hosting reception areas,
boardrooms, shared office spaces and multiple private offices configured and
optimized for a serviced office letting, by way of a combination of dry wall and glass
partitioning.
The first floor additionally hosts a server room which can be converted to storage or
additional office space.
Each floor is serviced by a shared kitchenette and ablution facilities, as well as a
storeroom and a server room on the first floor.
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Additional Features The buildings include the following additional features:
• Multiple access-controlled entrances to the various internally configured
units/office areas
• Covered parking (basement, open and shade-net parking options)
• 24/7 Security.
• Air-conditioning units installed in the facility.
• Access to high speed fibre internet
• Fire protection installations including fire hoses and extinguishers throughout
• Convenient coffee shop within the park offering free delivery to offices.
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Construction The building is constructed of face brick structural walls with rendered and painted
brick wall inset in places under pitched tile roofing.
/AucorProperty www.aucorproperty.co.za 11Offices in Secure Business Park - Maroeladal (Fourways),
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Property Description
Fixtures and Finishes Each floor feature generally similar fixtures and finishes. The finishes are a
combination of ceramic tile, wood laminate and carpeted flooring under
suspended ceiling boards fitted with lightboxes and downlights in places.
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Utilities All services are supplied by the City of Johannesburg Metropolitan Municipality.
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Gross Lettable Area
Area Description Approx GBA (m²)
Ground floor 276,9
First-Floor 350
Total Gross Building Area 627
Areas not included in GBA
Basement Parking 73
Notes:
Gross Building Areas are an estimate based on a combination of on-
site and aerial photograph measurements taken along the outer
building walls and includes internal penetrations such as staircases
and platforms, passageways, voids, etc. but excludes balconies.
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Parking
4 x Basement Parking Bays; 6 x Open Bays; 11 x Shade-net Bays
Total parking provided: 21 parking bays
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Perimeter The property is located within a secure office park enclosed by a palisade fence
topped with electric fencing throughout.
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Occupation The property will be sold with vacant occupation on transfer.
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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 12Offices in Secure Business Park - Maroeladal (Fourways),
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Building Plans
/AucorProperty www.aucorproperty.co.za 13Offices in Secure Business Park - Maroeladal (Fourways),
Johannesburg
Levy Statement
/AucorProperty www.aucorproperty.co.za 14Offices in Secure Business Park - Maroeladal (Fourways),
Johannesburg
Rates Statement
/AucorProperty www.aucorproperty.co.za 15Offices in Secure Business Park - Maroeladal (Fourways),
Johannesburg
Rates Statement
/AucorProperty www.aucorproperty.co.za 16Offices in Secure Business Park - Maroeladal (Fourways),
Johannesburg
Surveyor General Diagram
/AucorProperty www.aucorproperty.co.za 17Offices in Secure Business Park - Maroeladal (Fourways),
Johannesburg
Surveyor General Diagram
/AucorProperty www.aucorproperty.co.za 18Offices in Secure Business Park - Maroeladal (Fourways),
Johannesburg
Surveyor General Diagram
/AucorProperty www.aucorproperty.co.za 19Offices in Secure Business Park - Maroeladal (Fourways),
Johannesburg
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