mansion of hollywood magnitude with up-market … - 45 st... · whilst all reasonable care has been...

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Terms & Conditions R 50 000 refundable deposit (strictly bank guaranteed cheque or cash transfer only). Bidders must provide original proof of identity and

residence on registration. No cash will be accepted at the auction. No exceptions. All bids are exclusive of commission + VAT. Ian Wyles

Auctioneers may bid up to reserve on behalf of the sellers. Subject to change without notification.

Auctioneer: Ian Wyles

MANSION OF HOLLYWOOD MAGNITUDE WITH BOUTIQUE HOTEL OR

UP-MARKET B & B POTENTIAL

45 ST KILDA AVENUE

DURBAN NORTH

WEDNESDAY, 04 JULY 2018 @ 11:00 AM ON SITE: 45 ST KILDA AVENUE, DURBAN NORTH

ANDREW GIDDY | 082 601 9278| 031 579 4403

Viewing by Appointment only

LIQUIDATION AUCTION

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Disclaimer Whilst all reasonable care has been taken to provide accurate information, neither IAN WYLES AUCTIONEERS Ltd nor the Seller/s guarantee the correctness of the information, provided herein and neither will be held liable for any direct or indirect damages or loss, of whatsoever nature, suffered by any person as a result of errors or omissions in the information provided, whether due to negligence or other wise of IAN WYLES AUCTIONEERS or the Sellers or any other person

Property Summary

Locality Maps

Pictures

Additional Information

Auction Information

Deposit 15% of bid price payable by The Purchaser on the fall of the hammer

Commission 6% plus VAT thereon of the bid price payable by the Purchaser on

the fall of the hammer

Confirmation period: 17 July 2018

Terms and Conditions

If you are the successful bidder, the following is applicable:

30 Day Guarantee Period from confirmation of sale by the Seller

Possession & occupation of property on registration

Electrical (including electric fencing), woodborer and gas compliance for the

Purchaser’s account, if applicable

Banking Details Ian Wyles Auctioneers

Mercantile Bank

Durban Branch: 450126

Account Number: 1050653718

Reference: Use Name and Property Address

CONTENTS 45 ST KILDA AVE, DURBAN NORTH

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Title Deed Information

Property Address 45 ST Kilda Ave, Durban North

Title Deed Number T34558/1997

Title Deed Description Erf 57, Durban North, Ethekwini

Kwazulu Natal

Municipal Valuation R 6 800 000.00

Size 8566 m²

Municipal Information

Zoning Special Residential 900 m²

Coverage 40%

Min. Building Line 7.5 m – to all road frontages

Swimming Pool – 1.0 m

Abutting N2, 15 m’s Abbuting M19, 7.5 m’s

Min Side Space Aggregate of 5.0 m – one side not less 2.0 m

Multiple Unit: 3.0 m’s on each side

S/Pool – 1.0 m

Non Res – 5.0 m

Min Rear Space 5.0 m. S/Pool – 1.0 m

Max. Height Double Storey

Max. Units One dwelling for every 900 m² of net site area

With the resultant quotient being taken to the

nearest unit or if there is a fraction of one half in

the next highest

INFORMATION 45 ST KILDA AVE, DURBAN NORTH

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Municipal Information

Parking Dwelling House – 2 Bays plus 1 bay for ancillary

Unit

Additional Dwelling House/ Domestic Staff Room

Ancillary Unit, Multiple Unit Development

Special consent of the Council Agriculture, Place of Instruction, Place of Worship

Social Hall, Crèche, Special Building or Use

Offices in Terms of Clause 7, Institution, B & B /

Guest House in terms of Clause 7, any other use

Authorized in terms of Clause 6 bis.

Zoning Duplex 900 m² - Zoning

400 m² net site area per unit

Re-Zoning GR 1 – Re-zoning

90 m² net site area per unit

Locality

The subject Property is situated within ST Kilda Ave, Athlone, centrally located within Durban

North, in close proximity to Moses Mabhida Stadium, University of KwaZulu-Natal, Durban

North College, Primary Schools, Police Stations, Hospitals, Shopping Centres and other local

amenities, with easy access to the M12 and R102 freeway.

Condition

The property is in a poor condition and needs a lot of restoration work. Please note that we

have not undertaken a structural survey nor have we arranged for tests of inspections of

the service installations.


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Property Description

This Subject two-storey mansion with another level below ground and magnificent views of

the Bay has potential to be turned into a large Boutique Hotel or Up-Market B & B,

Comprising;

Large Kitchen

3 x Lounges

2 x Dining Rooms

8 x Bedrooms (5 En-Suite)

2 x Bathrooms

Study

Bars

Sauna

Gym

Squash Court

Tennis Court

Indoor Plunge Pool

2 x Outside Pools

Entertainment Verandas

Tropical Garden

Waterfalls & Ponds

4 x Double Garages

2 Bedroom Guest Cottage

2 Bedroom Staff Quarters


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Expenses

Monthly Rates : ± R 5 900.66 (Estimated)

Water, Sewerage & Solid Waste : ± R 592.67 p/m (Estimated)

Value Added TAX

The Seller is not a VAT vendor. Transfer Duty Applies.

Lease/ Occupancy

The Property is vacant.


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ZONING 45 ST KILDA AVE, DURBAN NORTH

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ZONING 45 ST KILDA AVE, DURBAN NORTH

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IMAGES 45 ST KILDA AVE, DURBAN NORTH

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AERIAL VIEW 45 ST KILDA AVE, DURBAN NORTH

mansion of hollywood magnitude with up-market … - 45 st... · whilst all reasonable care has been...

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