Auction Date: 
22 March, 2018 - 10:00
Reserve: 
With Reserve
Lot Number: 
01
Title Deed: 
T161201/2002
Extent-Erf: 
868 sqm
Levy: 
Not applicable
Local Authority: 
CTMM
Vat Vendor: 
Yes

Province: 
Gauteng
Suburb: 
Hatfield, Pretoria
Street Name: 
345 Festival Street
Body Corporate: 
Not applicable
Monthly Rates: 
R8,405.00 p/m (see zoning rights)
Erf Description: 
Erf 38 Hatfield
Reference Number: 
W5739
Property Type: 
Use Zone: Special (Offices for consultants and/or dwelling house)

Description:

THE SELLER IS A VAT VENDOR

Zoning: Special. "The erf shall be used only for the purposes of offices for professional consultants and/or one dwelling-house: Consulting engineers, architects, landscape architects, quantity surveyors, town-planners, land surveyors, financial consultants, legal services, computer services (including software training facilities), accountants, auditors, medical and dental professions.

The property is situated 2 blocks from the Gautrain station in Hatfield.

Buildings:  Main ± 190 sqm, Outbuildings ± 58 sqm, Total ±  248sqm

Outside living quarters and store rooms: Yes

Covered and lock-up parking: 6-9 cars

Business rights: Yes

Existing tenant: Yes (Been a tenant for 14 years), Lease to be renewed in March 2018

Rental Income: R25,000/month

Other: 3-phase electricity, chiller system, entrances on Arcadia and Festival Streets

2 x Offices (for 2 - 3 people each), Studio (large open plan for 8 - 10 people), 2 x Toilets (male and female (including basins), Boardroom (for boardroom table and 6 - 8 people), Entrance with seating area, Open plan work area for 6 people, Kitchen with wash-up area and cupboards, 3 x Storage rooms (1 x brick, 2 x wooden), Chiller system and extractors, Oregon pine floors throughout, pressed ceilings throughout, 2 x Fire places, board room and one office), Servant quarters x 2 (one with shower and toilet), External shower with toilet, Car port for 6 vehicles, Security gates for external doors, Burglar bars, 2 x Entrances (one on Arcadia Street and one on Festival Street), Established garden, Roof: Harvey tiles (recently replaced).

Property Photographs: