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STUDENT ACCOMMODATION - BLOCK OF FLATS IN BERTRAMS

Liquidation

Web Reference : 1507

Masters Reference : N70/2023
Matter : GAUGELO NSM PROJECTS (PTY) LTD


Address : 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
City : Bertrams
Province : Gauteng

Contact : Debbie 011 7894375 auctions@parkvillage.co.za https://gaugelo.co.za/
Terms and Conditions : Click Here

About
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.
Accreditation:
  • Member of South African Institute of Auctioneers.
  • Member of National Auctioneers Association.
  • Member of Johannesburg Chamber of Commerce and Industry.
  • Member of Institute of Estate Agents of South Africa.
  • Level 2 Certificate in terms of the current BBBEE Framework.
  • Awarded Best Auctioneer 2018 and 2019 by Standard Bank.
  • Contact Details:
    Telephone : 011 789 4375
    Email : auctions@parkvillage.co.za

    Unit 10 Ferndale Mews North
    Corner Oak and Dover Road
    Ferndale, Randburg
    Gauteng