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PROPERTY
INFORMATION PACK
LEEUWEN STREET, CAPE TOWN,
WESTERN CAPE
Section No. 1, 2 and 3 of SS The Sentinel,
Erf 173147, Cape Town
O N L I N E P R O P E R T Y AU C T I O N
SALE CLOSING: 12 MAY 2021 FROM 12:00 ZA
0860 00 00 10
076 931 9904
www.allsurplus.com
africa.buy@allsurplus.com
Property Information Commercial Building boasting ± 922m² Cape Town | Western Cape AUCTION TYPE: Online Auction AUCTION CLOSING: 12 May 2021 at12:00 VIEWING: By Appointment CONTACT: Kim Faclier - 082 554 6295
Property Information
Property Summary
Property Address: Leeuwen Street, Cape Town
Info: The Sentinel is a mixed use sectional title scheme. The following sections will be sold on auction: -
Section 1 SS The Sentinel: +- 507m² - Section 2 SS The Sentinel: +- 205m² - Section 3 SS The Sentinel:
+- 210m² - Storerooms: 2 - Parking Bays: 5 The subject units above are situated in The Sentinel, on
the corner of Loop and Leeuwen Street in Cape Town CBD. The building is modern having been
recently developed in 2018. Section 1, 2 and 3 are essentially vacant shells. Section 1 (The Shop) has
excellent frontage onto Leeuwen Street and some exposure to Loop Street. Accessed from a door
at the intersection of Loop and Leeuwen. The Office units are situated above the shop with access
from Loop Street (Section 2) and the other from Leeuwen Street (Section 3) Section 3 has access to
a balcony. Additionally, there are 5 parking bays situated in the parking garage and 2 storerooms.
The 5-star Pepper Club Hotel is situated within a short distance with popular Bree Street in close
walking distance, bustling with numerous coffee shops, bars and restaurants. The property is also
close to the Cape Town High Court & has superb access from Loop Street, this being a major link
road through the CBD with the N1 and N2 National Roads being a short distance away. MyCity buses
(public transportation) stop along Loop Street too. This prime opportunity is perfect for either a retail
operation or for office usage – could be perfectly suited for legal or accounting firms..
Section Extents: Section 1: ± 507 m²
Section 2: ± 205 m²
Section 3: ± 210 m²
Municipal Valuation: Section 1: R10 200 000 (2017/2018)
Section 2: R4 400 000 (2017/2018)
Section 3:R4 510 000 (2017/2018)
Town Planning Conditions
Local Authority City of Cape Town
Permitted Actual
Zoning Mixed Use 3
Coverage 100%
We assume that the
Height 38 m sectional conforms
FAR / Bulk 6.0 to the zoning
scheme.
Building Lines Street - m; Rear - m; Left - m; Right - m
Parking Requirements The CBD has a zero requirement for parking bays
Accommodation and Areas Lettable Gross
Section 1 507 m2 507 m2
Section 2 205 m2 205 m2
Section 3 210 m2 210 m2
Storerooms LR7 and ST4 33 m 2
33 m2
Parking bays 5 Bays 5 Bays
Totals 955 m 2
955 m2
Property Information Photographs
Property Information Photographs
Property Information Locality Map
Property Information Auction Term and Conditions: A refundable deposit is payable in order to bid: R 10 000.00 At the fall of the hammer: 10 % Deposit of the purchase price & 5 % Auctioneers Commission (plus vat) - payable by the Purchaser Conditions of Sale: *(Detailed conditions of sale available upon request) • 14 Working Days confirmation period • 30 Days Guarantee Period • Possession: Registration of transfer • The purchase price is subject to VAT • The Seller is liable for the outstanding rates & taxes • The Purchaser shall, at its own costs obtain a valid electrical certificate of compliance, beetle certificate and plumbing certificates Notice to Bidders Welcome to Liquidity Services SA Property Auctions! Within this pack, you will find pertinent information regarding the property being auctioned. All additional information and other properties can be found on our website at www.allsurplus.com The information included herewith is a summary of information from a number of sources, most of which have not been independently verified. This summary has been provided only for the use of prospective bidders. It is supplied for whatever assistance it may provide in answering questions. SUCH INFORMATION AND OPINIONS ARE SUPPLIED WITHOUT WARRANTIES OR REPRESENTATIONS, EITHER EXPRESSLY OR TACITLY IMPLIED, WHATSOEVER. Prospective bidders are advised to avail themselves of the land uses and or restrictions if any, of the property and to consult whatever advisors they may feel appropriate. The property for sale will be auctioned “voetstoots”, as it now stands and subject to the terms and conditions and servitudes mentioned and referred to in the current and/or prior Title Deeds and neither Liquidity Services, nor the Substitute Trustees or their respective agents make any express or tacitly implied warranties of any kind. The description and conditions listed in this and other advertising materials are to be used as guidelines only and are not guaranteed. Please Note: In order to take part in this auction, a R10 000 refundable deposit is required prior to your bidding status being approved. Furthermore, all pending registrants may have to complete a participation form which can be found on the events page / auction page on our website. Should you have any questions regarding the approval of registrants, please contact our offices for assistance 0860 000 010.
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