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Section 10 and 11 Lonehill Office Park, Lonehill, Johannesburg, Gauteng, South Africa

Auction
South Africa
Office
Commercial

Invited Opening Bid R4 000 000

Bidding deposit R25 000 *fully refundable if unsuccessful bidder

Extension period added...

Auction Date 21 July
Closing Time 11:00:00 (GMT+2)

Available viewing

Please contact us to enquire about arranging a viewing.
Phone
+27 (0) 21 140 3541
Email
info@za.bidx1.com

Property Summary

  • This sale is Subject to Confirmation by the Parties involved
  • Section 10 exttent 317m2
  • Section 11 extent  267m2
  • SS 1176/1996

Contact Us

Anton koegelenberg
Anton koegelenberg
Property Agent, here to help.

Contact Us

Anton koegelenberg
Anton koegelenberg
Property Agent, here to help.

Downloads

Property description

  • 19 Offices
  • 3 Boardrooms
  • Reception area
  • Ablution facilities
  • Both section where recently revamped
  • All offices have Ethernet connections with VoIP and PoE capability.
  • All offices have wifi
  • There is a small dedicated server room with 8x batteries to endure load shedding and no power for more than 24 hours.
  • There are two alarm systems. Each office can be activated separately.
  • There is a small dedicated server room with 8x batteries to endure load shedding and no power for more than 24 hours.
  • Two dedicated switches for Internet and VoIP
  • All lights have been replaced with LED ( except some of the offices still to be revamped)
  • 19 dedicated parking bays
  • The building was recently completely painted outside, roofs repaired, all aircons serviced/replaced (except for unused offices), gardens redone eetc. We have spent in excess of R750k to redo the exterior and about R550k for the interior over the past 12 months.
  • Includes all fixtures and furniture as per photos.
  • 95% occupation with some 5 year leases in place.
  • All offices will be redone and ready to use within the next two weeks.
  • Buyers commission of 2% payable (Plus vat)
  • Please note: All legal documents can be viewed by clicking on the ‘
  • Legals ’ tab above, in order for you to carry outdue diligence in relation to the property. By doing so, this will also then ensure that you are continuously updated regarding any pricing changes on the property before the auction.

Location

  • Lone Hill is a suburb north of Johannesburg, South Africa. It is located in Region E. Lone Hill is in the Gauteng province and is a suburb in Sandton. Lone hill is an upmarket area mostly composed of residential properties

VAT

Please refer to Legal Documents

*Terms & Conditions

No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All interested parties must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.

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