ERF 335 JAN NIEMAND PARK - "JANVOËL" - The Auctioneer
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ERF 335 JAN NIEMAND PARK
“JANVOËL”
1
NOTA:
Andreas Greeff | 072 118 7509 | andreas@landhouse.co.za
AUCTION: 11 September 2018 at 12:00
LOMBARDY ESTATE BOUTIQUE HOTEL
www.landhouse.co.za
Contents
Page 2
1. Disclaimer
2. Property Description
3. Locality
4. Property Details
5. Tenancy Overview
6. SG Diagrams
7. Zoning Certificate
8. Municipal Accounts
9. Photographs
10. Aerial Picture
11. Site Plan
Disclaimer
Whilst all reasonable care has been taken to obtain the correct information, neither Landhouse Properties nor the Sellers, guarantee the correctness of the information, and none of the aforementioned 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 supplied, whether due to the negligence or otherwise of
Disclaimer
Landhouse Properties,
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Sellers, guarantee the as well as ofthe
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of the viewed at www.landhouse.co.za.
will be held liable for any Bidders must damages
direct or indirect register
or loss, of whatsoever nature, suffered by any person as a result of errors
to bid and provide original proof of identity and residence on registration. or omissions in the information supplied, whether due to the negligence or otherwise of Landhouse Properties, the Sellers or any other person. The proposed Consumer
Protection Regulations, 2010 as well as the Rules of Auction can be viewed at www.landhouse.co.za. Bidders must register to bid and provide original proof of identity and residence on registration.
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Page 3
Legal property description
Property Address: 266 Stormvoël Road
Suburb & City: Jan Niemand Park, Pretoria
City of Tshwane Metropolitan Municipality
Title Deed Information
Erf 335 Jan Niemand Park
Title Deed Number T44153/1988
Registered Owner Janvoël Prop Pty Ltd
Erf Extent 4,461m2
Total properties size: 4,461 m²
Property description
Page 4
Town Planning restrictions
Permissible
"Industrial 2"
Business Building, Cafeteria, Car Wash,
Zoning Commercial Use, Light Industry, Parking
Garage, Parking Site, Place of
Refreshment, Retail Industry & Shop
FAR / Bulk 3 13383 m²
Height 18m
Coverage 75% 3346 m²
Building Lines As per Scheme
Parking As per scheme
Town planning
Page 5 Locality The property is well located in one of the north-eastern suburbs of Pretoria within the City of Tshwane Metropolitan Municipality in a township known as Jan Niemand Park. Jan Niemand Park is an established, industrial node situated along Stormvoël Road. Surrounding suburbs include Eersterus, Silverton, Silvertondale etc. This property is centrally located in this well-known industrial node north-east of the Pretoria Central Business District. It is situated on 266 Stormvoël Weg (corner of Klipspruit Street). Stormvoël Weg easily links to Stormvoël Road which is one of the main arterials through the area and joins the N1 highway further to the west. This is a well-developed area and is close to residential suburbs, a number of shopping centres, and other commercial and retail properties, main arterials and freeways such as the N1 freeway as well as public transport (Silverton Station & Eersterus Station). The subject property enjoys all municipal services such as water, sewerage, and electricity. GPS co-ordinates for the property are as follows: S -25.7151, E 28.2945 Locality
Page 6
Property Details
The subject property comprises an industrial warehouse building as well as a commercial Building measurements (GLA):
building comprising a few shops, known as the “Janvoël”.
Site GBA GLA
Shop
The property is located on a 4,461m2 rectangular shaped erf.
0001 - Mida Bekery Supplies / Mida Logistics ±250 m² 243 m²
The building property has excellent visibility to passing traffic and is close to main roads as 0002 & 0003 - Dumiyah Sales ±209 m² 203 m²
well as public transportation routes. This site has direct access off Stormvoël Weg, which 0004, 0005 & 0006 - Mida Bekery Supplies / Mida Logistics ±449 m² 436 m²
links to Stormvoël Road which is the main road through the area. Warehouse
0001 - Coricraft ±943 m² 916 m²
Improvements
The property comprises 2 large industrial “warehouse/light workshop type” buildings, ±1852 m² 1798 m²
suitable for multiple tenants. Building 1 has been divided into 6 shops, and Building 2 is a
large single tenanted warehouse building. The buildings both comprise face brick
structures, plastered and painted internal walls, aluminium and steel glazing, suspended
ceilings, and IBR roof and cladding.
The property provides for the necessary on-site parking bays which are accessed by
means of a motorised sliding access gate.
The Property is fully fenced with palisade fencing on the street boundaries as well as face
brick neighboring boundaries.
Building has 3-phase power supply.
This is a multi-tenanted building with a rentable area of approximately 1798m2.
Condition of improvements
The “Janvoël” property is in a generally maintained condition with no structural defects
noticed. Only minor maintenance items were noticed.
Property Details
Page 7
Tenancy overview & Rental forecast
Lettable Rental Lease Expiry Escal. Escal. Jul 2018 Aug 2018 Sep 2018 Oct 2018 Nov 2018 Dec 2018 Jan 2019 Feb 2019 Mar 2019 Apr 2019 May 2019 Jun 2019
Tenant Total
area rate/m² Date month rate 1 2 3 4 5 6 7 8 9 10 11 12
Shop
0001 - Mida Bekery Supplies /
Mida Logistics 243 m² 47,14 2018/10/31 N/A 0,00% R 11 456 R 11 456 R 11 456 R 11 456 R 11 456 R 11 456 R 11 456 R 11 456 R 11 456 R 11 456 R 11 456 R 11 456 R 137 472
0002 & 0003 - Dumiyah Sales 203 m² 63,46 2019/05/31 1 8,00% R 12 882 R 12 882 R 12 882 R 12 882 R 12 882 R 12 882 R 12 882 R 12 882 R 12 882 R 12 882 R 12 882 R 12 882 R 154 584
0004, 0005 & 0006 - Mida
Bekery Supplies / Mida 436 m² 50,67 2018/10/31 N/A 0,00% R 22 093 R 22 093 R 22 093 R 22 093 R 22 093 R 22 093 R 22 093 R 22 093 R 22 093 R 22 093 R 22 093 R 22 093 R 265 116
Warehouse
0001 - Coricraft 916 m² 33,90 2022/07/31 2 7,00% R 31 050 R 33 223 R 33 223 R 33 223 R 33 223 R 33 223 R 33 223 R 33 223 R 33 223 R 33 223 R 33 223 R 33 223 R 396 505
Total 1798 m² R 77 481 R 79 654 R 79 654 R 79 654 R 79 654 R 79 654 R 79 654 R 79 654 R 79 654 R 79 654 R 79 654 R 79 654 R 953 677
EXPENDITURE R 8 187 R 8 187 R 8 187 R 8 187 R 8 187 R 8 187 R 8 187 R 8 187 R 8 187 R 8 187 R 8 187 R 8 187 R 98 239
Please note: The leases of Shops 0001, 0004, 0005, 0006 expire on 31 October 2018, therefore the forecast is based on an escalation of 0% in
rental and the assumption that the shops will be tenanted on a month to month basis thereon forward.
Also note that the current owner recovers all municipal service expenses (refuse collection and assessment rates) and the electricity, water
and sewerage are all metered and paid for by the tenants.
Tenancy Overview & Rental Forecast
Page 8 SG Diagram Surveyor General Diagram
Page 9 Zoning Certificate Zoning Certificate
Page 10 Municipal Rates Municipal Rates
Page 11 Photographs Photographs
Page 12
Aerial picture
Aerial picturePage 13
Site plan
Site PlanYou can also read
