High Spec Logistics Warehouse Disposal with A-Grade Offices – Twenty One Industrial Estate, 6 Padstone Street, Olifantsfontein

Private Treaty
Twenty One Industrial Estate
| Olifantsfontein
| 1501
R
1,000,000
Asking price

High Spec Logistics Warehouse Disposal with A-Grade Offices – Twenty One Industrial Estate, 6 Padstone Street, Olifantsfontein

For Sale
purchaseIcon-img
Private Treaty
Twenty One Industrial Estate
| Olifantsfontein
| 1501
R
1,000,000
Asking price

Your Investment Requirements

Make sure you hear about our new property investment sales first.

Let us know your current requirements and we will alert you as soon as suitable properties become available.

Make sure you hear about our new property sales first

We are part of the SV International Network

Have you considered purchasing property world-wide? View properties available from our international partners.

[property_default_content_render]

Forecasted Monthly Rates & Taxes

Rates & Taxes: R129,885.08

Levies: R9,789.68

Title Deed Information

Title Deed Number T70160/2020
Legal Description Portion 1 of Erf 129 and Portion 5 of Erf 134 Sterkfontein, Extension 8
Registered Owner Kgalauwane 2 (Pty) Ltd
Local Authority City of Ekurhuleni Metropolitan Municipality
Extent 31,646m²
Portion 1 26,809m²
Portion 2 4,837m²

Zoning Information

Zoning Industrial 1  
Primary Uses Warehouses and offices  
Coverage 60%  
Height 3 Storeys  
F.A.R. 0.6  
Parking – Warehouse 1: Required Provided
2 Parking bays per 100m² offices 20 22
1 Parking bays per 100m² warehouse 51 51
2 Parking bays per 100m² mezzanine storage 0 0
Total Parking Bays 71 73
Surplus No of Parking Bays 0 2
Disabled Parking Bays 0 2
Parking – Warehouse 1: Required Provided
2 Parking bays per 100m² offices 20 22
1 Parking bays per 100m² warehouse 47 84
2 Parking bays per 100m² mezzanine storage 0 0
Total Parking Bays 124 144
Surplus No of Parking Bays 0 20
Disabled Parking Bays 0 2

Rentable Areas

Bulding GBA m² GLA m² Coverage F.A.R.
Offices 2,300 2,300 1,150 2,300
Production 2,200 2,200 2,200 2,200
Warehouse 5,500 5,500 5,500 5,500
Guardhouse 25 25 25m 25
Total extent 10,025 10,025 8,850 10,025

Tenancy

The property will be sold with vacant possession.

 

VAT

The Seller has been registered for VAT (Value Added Tax). It is intended that the sale will be treated as a transfer of a going concern, provided that the purchaser is registered for VAT and the requirements for going concern are met in terms of the VAT Act, No. 89 of 1991.

Sales Process

This property is being offered for sale through a Private Tender process under a Sole Marketing Mandate with CBRE-X online.

Interested parties can register on the CBRE-X online platform to access the Non-Disclosure Agreement (NDA).

To obtain full access to the Due Diligence information in the  data room, an executed NDA is required, along with details about the entity and key individuals expressing interest in the property. This information may be provided through a link to your company website, a company profile, or brief resumes for the company and key individuals involved.

To submit an offer on the property, proof of funds or a comfort letter from a financial institution, indicating a favorable consideration for financing, must be provided. Interested parties are encouraged to submit their best offer as soon as possible.

Only parties that have submitted an NDA and the required information will be invited to view the property in the presence of the Agent or a representative of the Seller.

The Seller reserves the right to accept any offer but will instruct the Agent to notify all interested parties (who have signed an NDA and accessed the Due Diligence information) if an offer is under consideration.

The Agent will present all offers to the Seller and communicate acceptance to the successful bidder, while informing other parties of the outcome.

Offers will be evaluated based on the following criteria:
The price offered.
Demonstrated ability to perform, including proof of funds or a comfort letter.
The conditions attached to the offer and the timeline for concluding the transaction.

Disclaimer

The website provides information about properties but does not guarantee its accuracy. Users access the site at their own risk and should seek professional advice before making any decisions based on the information provided. Property descriptions are general and do not constitute an offer or contract. All details are believed to be correct but should be verified by users. The company and its employees do not make any representations or warranties regarding the properties. Prices quoted are exclusive of taxes. The information on the website may contain errors, omissions, or may change without notice. Users should conduct their own investigations before making any investment decisions. The information provided should not be considered financial or investment advice. Any information given by the company or the vendor is for illustration purposes only and does not constitute a representation, condition, or warranty. Users are responsible for conducting their own due diligence to verify the accuracy of the information provided.

A unique transactional concept where purchasers, owners and agents conclude the property sale process online. It provides the facility for a legally binding exchange of digitally signed contracts to be conducted.

*note: variations may occur depending upon territory.

Subscribe to Network News

Be the first to hear about new investment opportunities from us and the network.

By submitting your details, you agree to our Privacy Policy and you agree to receive information by email from us about our sales and services, and from other members of the network. You can unsubscribe at any time.

Thank you for showing interest in this property

Please share your contact information before you download the document. By subscribing you will be the first to hear about new investment opportunities from us and the network.

By submitting your details, you agree to our Privacy Policy and you agree to receive information by email from us about our sales and services, and from other members of the network. You can unsubscribe at any time.

If you would like the download without completing the pop-up form, please contact us directly.

Please provide the email address used during your verification process:

Verification

Property address: Twenty One Industrial Estate 6 Padstone Street, Olifantsfontein, South Africa

Before you can submit a binding offer through clicktopurchase®, verification is required in order to meet money laundering regulations. Please download the FICA (Financial Intelligence Centre Act) guidance note and send the appropriate information to the selling agent.

Please organise completion of the Power of Attorney to authorise the selling agent to sign the Agreement of Sale should you submit a formal offer. Note that the Power of Attorney must be witnessed. Please return to the selling agent as soon as possible.

By submitting your details, you agree to our Privacy Policy and you agree to receive information by email from us about our sales and services, and from other members of the network. You can unsubscribe at any time. If you would like to pass verification without completing the form, please contact us directly.

Bidder Information (This is you. You may also be the Buyer).
Buyer’s Information (The entity wishing to purchase the property)
Buyer’s Information (Juristic) (If the buyer is a legal entity.)
Buyer’s Information (Natural Person) (If the buyer is a natural person.)
If In Community of Property

Our unique and modern approach, available to all members of our network, delivers significant and proven advantages over the traditional methods.

For property alerts

A unique transactional platform where purchasers, owners and agents conclude the property sale process online. It provides the facility for a legally binding exchange of digitally signed contracts to be conducted.

*note: variations may occur depending upon territory.

clicktopurchase® uses hash and encryption technology as part of the creation of the transactional audit trail; this is then recorded in the clicktopurchase® Blockchain.

Partners within the SV International Network

Our unique and modern approach, available to all members of our network, delivers significant and proven advantages over the traditional methods.