TSHIAWELO HOLDINGS (PTY) LTD (IN LIQUIDATION)

Ref# 1868
3 Lots
Start Date: Tuesday, 24 June 2025 at 11:00
Closing From: Tuesday, 24 June 2025 at 11:00
Masters Reference: G1313/2024
Auction Type: Simulcast
Deposit: R50,000.00
Location: Soweto, Gauteng

About:
NUMBER 7306 MANOTSHE STREET : THE STAND: Layout & Topography: The stand is roughly rectangular in proportion bordered on three side by public roads with the longer perimeters bordering Tshithune and Manotshe Streets and the shorter perimeter of the stand bordering onto Tshithuthune Steet. The topography of the stand is fairly even with a moderate decline from Northeast to Southwest across the length of the stand. Servitudes: The property is not affected by any servitudes. THE IMPROVEMENTS: The improvements are located towards the front Tshithuthune Steet boundary of the property and comprise a forecourt canopy and convenience store. The Forecourt Canopy : The forecourt canopy is steel framed under IBR roof sheeting structure accessible by car from all three of the public streets bordering the property. The Commercial Building: The single storey commercial building of plastered and painted brick walling fitted with aluminium framed glazing and shop front windows under a pitched Corrugated Iron roof sheeting structure is accessible from under the forecourt canopy and is comprised of the retail store floor area, a commercial kitchen with walk-in pantry, managers office, general storeroom, male and female cloakrooms and a wheelchair friendly cloakroom. Located on the side of the building is a security office with male and female change rooms with showers and toilets located at the back of the building. Flooring: Ceramic floor tiles Walling: Plastered and panted brick walling Ceiling: Suspended and painted ceiling board INTERNAL AND EXTERNAL FITTINGS & FIXTURES: The forecourt, canopy, and retail store is fitted to the tenants' specifications. The improvements and fittings not limited to the underground diesel and petrol tanks, petrol pumps, generator, Compressor, CCTV Camera System, split air-conditioning units, kitchen equipment and fittings, walk-in cold room, shop fittings and fixtures are the property of the Lessee Engen Petroleum Ltd and would be removed if the Lease Agreement is cancelled or not renewed at the end of the Lease Agreement. ESTIMATED EXTENT OF IMPROVEMENTS: Forecourt Canopy: 416m2 Building: 408m2 Total: 824m2 ELECTRICAL INSTALLATION: The electrical installation appears to comply with Municipal regulations with the supply via the City of Johannesburg Metropolitan Municipality. The property is fitted with a 3-Phase electrical installation. CUSTOMER PARKING: Located at the front of the building are Eight (8) customer parking bays with a further Seven (7) open bays at the back of the building. MUNICIPAL INFORMATION: Municipal Valuation: Land & Improvements: R 1 850 000.00 Rates & Taxes: Account Number: 556226156 Monthly Rates: 517.00

Notice:

  • All amounts are exclusive of VAT unless stated otherwise.
  • The catalogue is subject to change without prior notice.
  • Descriptions are for guidance only. Bidders should satisfy themselves as to condition and accuracy before bidding.
  • Where possible, please inspect lots during the preview period.
Preview Times:
Jaco 011 789 4375 // 082 798 9476
Address:
109 Tshithune Street, Chiawelo Ext 3 Erf 7306 - Measuring 2 915m2 Monthly Rates R3 517.00, Soweto, Gauteng
Contact Person:
Debbie or Jaco 011 789 4375 auctions@parkvillage.co.za
File Name Download
CONDITIONS OF SALE Download
BANKING DETAILS FOR REG FEE Download
BIDDERS INFORMATION PACK Download

Catalogue

Test Bid. Lot #000A
Test Bid.
Bids do not count.
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Terms And Conditions Lot #000B
Terms And Conditions
Participating Buyers - Please log into the zoom webinar to listen to the terms and conditions in real time.
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STRATEGICALLY LOCATED COMMERCIAL PROPERTY IN SOWETO Lot #001
STRATEGICALLY LOCATED COMMERCIAL PROPERTY IN SOWETO
NUMBER 7306 MANOTSHE STREET :
SUBJECT TO CONFIRMATION
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