Start Date:
Tuesday, 23 May 2023 at 11:00
Closing From:
Tuesday, 23 May 2023 at 11:00
Masters Reference: T1351/21
Auction Type: Onsite
Location:
Ferndale, Gauteng
About:
LOCATION:
The subject Office Unit Number 5 is situated within the ““Surrey Square Business Park”, Number 330 Surrey Avenue, Ferndale, Randburg, Johannesburg, Gauteng Province at GPS co-ordinates;
-26.091305, 27.99854
The Office Park is located in the business node of Ferndale situated to the immediate Northeast of the Randburg CBD. The area immediately surrounding the subject property comprises mostly commercial office buildings and some multi-storey residential apartment buildings.
LAYOUT:
“SURREY SQUARE BUSINESS PARK”:
The “Surrey Square Business Park” has been improved with nine (9) free-standing, free-hold double storey office buildings of face brick walling fitted with steel framed glazing under a pitched and tiled roofing structures.
Access to the Business Park is from Surrey Avenue via an access-controlled entrance and egress main driveway gate with Security Office. Internal driveways are brick paved with cement side curbings. The Office Park is fully bound by face brick walling with steel palisade insets approximately 2,4 Metres in height and topped with electric fencing.
The subject Office Unit Number 5 is located to the right of the entrance and egress main gate being the second unit on the right from front perimeter fencing on Surrey Avenue.
THE STANDS:
The freehold stands forming the Surrey Square Business Park are all unbound from each other. The stands are all roughly rectangular in proportion with the double storey office buildings situated towards the back of the stands and boundary wall of the Office Park.
The steel framed carports of each unit are situated towards the “front”, internal perimeters of the stands with a right of way between the office buildings and carports giving driveway access between the units.
THE OFFICE UNIT NUMBER 5:
The subject Office Unit Number can be utilized as a single office extending over two floors or as two (2) separate offices one on the Ground Floor and one on the Upper Level, each with own separate entrance, staff kitchen and cloakrooms.
With access from the paved parking and internal driveway at the front of the building, via a covered patio at the front of the building is comprised on the Ground Floor of a reception, private office and a boardroom with a passage walkway leading to a filing room, staff cloakroom and bathroom, a staff kitchen, open plan office area and three (3) private offices.
A glazed aluminium sliding door from the open plan office area give access to a small, paved courtyard at the back of the building.
A separate entrance and egress access door from the front covered patio give access to a foyer and staircase leading to the Upper Level comprising a landing and passage leading to a reception area, a boardroom, two (2) open plan offices, four (4) private offices, a staff kitchen and staff cloakrooms.
An interleading door in the staircase foyer on the Ground Floor, give direct access to the Ground Floor office section.
Flooring: Ceramic floor tiles, carpeting
Walling: Plastered and painted brick, ceramic wall tiles, dry-wall partitioning
Ceiling: Suspended ceiling boards
INTERNAL FITTINGS & FIXTURES
·Split air-conditioning units
·Security Alarm System
·White veneer wall and floor units with Formica work tops and single bowl sink units in the kitchens
·Standard sanitaryware in the cloakrooms and bathroom
STAFF AND CUSTOMER PARKING:
Located at the front of the subject building are four (4) open parking bays with a steel framed under IBR roof sheeting carport structure situated towards the middle of the Business Park providing covered parking for at least six (6) vehicles.
ESTIMATED EXTENT OF BUILDING IMPROVEMENTS:
Office Building: 386m²
Carport: 80m²
Total: 466m²
ESTIMATED GROSS LETTABLE AREA:
344m²