STUDENT ACCOMMODATION - BLOCK OF FLATS IN BERTRAMS (WEBCAST) COMMERCIAL PROPERTY AUCTION IN BERTRAMS, GAUTENG AUCTIONED BY PARK VILLAGE AUCTIONS

Master's Reference : N70/2023

Reference : 1507

Auction Type : Webcast

Instruction : Liquidation

Auction Preparation : Catalogue in preparation

Starts : Tue 23-Apr-2024 at 11:00

Ending : Closing from 11:00 on Tue 23-Apr-2024

Deposit : R25,000-00

Finance : None (Auction Finance)

Location/s : 50 Fuller Road

Portion 0 of Erf 51 and Portion 0 of Erf 52

Measuring in total both portions 894m2

Monthly Rates R8 056.21

Viewing : By Appointment

Contact : Debbie 011 7894375 [email protected]

About this Auction

PROPERTY DESCRIPTION:

THE RESIDENTIAL BUILDING:

The property is improved with a four-storey residential apartment building of concrete column and slab with plastered and painted and painted brick infill fitted steel framed glazing under flat bitumen sealed roofing structure comprising around Twelve (12) three-bedroom flats and Eight (8) two-bedroom flats, each flat with own shared kitchen, bathroom and toilet, and, on the rooftop, six (6) single rooms each with own kitchenette and a shared communal bathroom, a social room and laundry room.

With the exception of one (1) of the two-bedroom flats and one (1) of the single rooms that are utilized as staff accommodation, the entire building, is used for student accommodation and can accommodate up to 108 students.

Secure Parking:

Located on the lower ground level, below the upper level flats, is a general storeroom, nine (9) basement-like parking bays and three (3) open parking bays accessible via an entrance and egress drive-way gate on Fuller Street.

GARDEN & COURTYARD AREAS:

The garden areas at front of the building are sparely lawned with the courtyard and parking area at the back of the building being macadamized.

APPROXIMATE EXTENT OF IMPROVEMENTS:

2 168 Square Metres

INTERNAL AND EXTERNAL FITTINGS & FIXTURES:

The building is equipped with;

A fingerprint access, turnstile pedestrian gate

CCTV Cameras

Wi-Fi

Communal kitchens fitted with veneered wall and floor units with a stainless steel sink unit, free standing stove and fridge

Bedrooms fitted with built-in cupboards and furnished with two (2) single beds and desks per room

Standard sanitaryware in the bathrooms

Laundry room fitted with washing machine and dryer

ENTERTAINMENT / LEISURE FACILITIES:

The subject property offers no leisure facilities apart from a communal recreation room on the roof top.

OCCUPANCY:

The property is a UJ accredited student residence providing accommodation for around 108 students.