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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. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
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1 290m2 Industrial Facility
20 Ton Crane, 80 Amps Power
Yard Space - Erf Size 2 094m2
Crown, Johannesburg
1 Volans Street l Crown, Johannesburg, Erf 208 Crown Extension 6, Johannesburg
PROPERTY AUCTION
WH Auctioneers Properties (PTY) Ltd
578 16th Road, Randjespark, Midrand
Tel: 0115745700
www.whauctions.com
ONLINE BIDDING VIA WEBCAST Auction Date: Wednesday 15 July 2020 – 12pm
Venue: online @ www.whauctions.com
Auctioneer: Daniel Pelkowitz/Shannon Winterstein
Webcast bidding available
Due to COVID-19 only registered bidders will be allowed to bid live at the property. No onlookers or walk-ins
will be granted access. Sanitizer and face masks available at the auction. Alternatively, WEBCAST bidding is
available. See below for details. Viewing by appointment ONLY
Contact for further info:
Daniel Pelkowitz Cell: 072 360 7510 Email: [email protected]
1 290m² Industrial Facility – Crown, Johannesburg
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. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
Page | 2
Index
1. Guideline to Auction Page 3
2. General Page 6
3. Title Deed Information Page 6
4. Locality Page 6
5. Description of Improvements Page 9
6. Site Photographs Page 11
7. SG Diagram Page 13
8. Municipal Account Page 14
9. Building Plans Page 16
1 290m² Industrial Facility – Crown, Johannesburg
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. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
Page | 3
1. GUIDELINE FOR THE AUCTION
Auction Date & Venue: Tuesday 14 July 2020 @ 12:00pm Online – www.whauctions.com
Registration: Bidders can register at any time prior to auction or from 11am on auction day at the above-
mentioned venue. Identity and FICA documents are required in order to register for the auction.
All potential buyers are required to pay a registration fee of R25 000 in order to bid at the auction. This amount
can be paid either by bank guaranteed cheque or EFT into the Auctioneer’s trust account.
Cash will NOT be accepted at the venue.
Once registered each buyer will be issued with a buyer’s card reflecting a buyer’s number.
Upon signature of the registration documents, all buyers will have acknowledged and accept the Terms and
Conditions set out in the Rules of Auction.
Registration Fee: R25 000.00 (Refundable to unsuccessful bidders)
Deposit: 21.5% of hammer price
Confirmation period: 14 business days.
Balance of the purchase price payable within 21 business days after confirmation of sale.
The bid price excludes the buyer’s premium which is payable over and above the purchase price.
Example: Highest bid with buyer’s premium
Bid Price: R 1 000 000
Buyers comm. (10%) R 100 000
VAT on the Buyer’s Premium R 15 000
Total Purchase Price R 1 115 000
The auctioneers have the right to regulate the bidding at the auction and to bid on behalf of the seller up to (but
not exceeding) the reserve price as mandated by the seller. When the auctioneer knocks down the property to the
highest bidder the successful bidder will sign the Conditions of Sale on the day.
A deposit of 21.5% is payable on the fall of the hammer. This percentage is made up of the commission
payable by the successful bidder of 10% plus VAT (namely, 11.75%) plus a 10% deposit on the purchase
price of the Property.
The deposit is payable by way of a Bank Guaranteed cheque or electronic transfer. The deposit and buyer’s
premium are deposited into the WH Auctioneers Trust account.
For queries regarding the properties on auction contact:
Daniel Pelkowitz: 072 360 7510
WH Auctioneers offices: 011 574 5700
1 290m² Industrial Facility – Crown, Johannesburg
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. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
Page | 4
1 290m² Industrial Facility – Crown, Johannesburg
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. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
Page | 5
1 290m² Industrial Facility – Crown, Johannesburg
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. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
Page | 6
2. GENERAL
Property Address: 1 Volans Street, Crown Ext. 6, Johannesburg, Gauteng
Erf & Suburb & City: Erf 208 Crown, Ext. 6, Johannesburg, Gauteng
3. TITLE DEED INFORMATION
Deeds Office: Johannesburg
Title Deed No. T55398/2003
Erf Size: 2 094m2
GLA: ±1 290m2
Zoning: Industrial
4. LOCALITY
The subject property is situated in Crown Johannesburg a predominantly industrial area. The property is located
just off Main Reef Road which remains as one of the main thoroughfares in Johannesburg. The area is categorized
by industrial buildings and services a variety of industries including steel, fast moving goods, factory shop outlets
and manufacturing facilities.
The property appears to fall within the Crown Improvement District.
The GPS Co-ordinates of the property are as follows: 26°13'14.8"S 27°59'55.7"E
1 290m² Industrial Facility – Crown, Johannesburg
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. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
Page | 7
1 290m² Industrial Facility – Crown, Johannesburg
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. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
Page | 8
1 290m² Industrial Facility – Crown, Johannesburg
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. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
Page | 9
5. DESCRIPTION OF IMPROVEMENTS
The subject property consists of a corner stand which has been improved by an industrial facility. The site
comprises an industrial warehouse, offices and yard space. The property measures approximately 2 094m2 with
approximately 1 290m2 of warehouse and office space.
The warehouse facility is comprised predominantly of IBR sheeting with a 2m high face brick wall. The IBR
sheeting is supported by steel I-beams and is structured as a pitched roof. Internal and external walls comprise
IBR steel sheeting and face brick. The ground floor within the warehouse power floated concrete.
There is a 20-ton Kone Gantry Crane which is fully operational.
Access to the workshop is gained via roller shutter doors as well as directly from the office block. There are rooms
and storage areas. There are also ablution facilities within the warehouse. The roof for the warehouse appears to
be in a decent condition as there was no evidence of roof leaks in the warehouse upon inspecting the site.
Floor to eave height is approximately 8.5 metres.
There is open plan mezzanine office space which overlooks the warehouse. Floors are tiles and there is also a
small kitchenette.
Parking Lot
There is ample on-site parking.
Site Access and Security
Access is gained to the site via a motorised access gate of Volans Street.
Summary
Roof: IBR steel sheeting and ceiling boards.
External Walls: IBR sheeting and Face Brick
Internal Walls: Plastered and painted brickwork, IBR sheeting
External Floors: Brick paving
Internal floors: Ceramic tiles/Concrete
1 290m² Industrial Facility – Crown, Johannesburg
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. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
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Condition: In general, the property appears to be in a very good condition and is well maintained
by the owners. The bathrooms do need maintenance do need maintenance but this is
in line with the nature of the building.
A structural survey of the building has not been undertaken and will not form
part of this report. All structural and maintenance information are as per
information provided by the owners upon visiting the site.
1 290m² Industrial Facility – Crown, Johannesburg
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. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
Page | 11
6. SITE PHOTOGRAPHS
1 290m² Industrial Facility – Crown, Johannesburg
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. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
Page | 12
1 290m² Industrial Facility – Crown, Johannesburg
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. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
Page | 13
7. SG DIAGRAM
1 290m² Industrial Facility – Crown, Johannesburg
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. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
Page | 14
8. MUNICIPAL ACCOUNT
1 290m² Industrial Facility – Crown, Johannesburg
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. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
Page | 15
1 290m² Industrial Facility – Crown, Johannesburg
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. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
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9. BUILDING PLANS
1 290m² Industrial Facility – Crown, Johannesburg
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. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
Page | 17
1 290m² Industrial Facility – Crown, Johannesburg
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. Descriptions mentioned herein are not guaranteed by the auctioneers and are as supplied.
Page | 18
