Sunday, August 19

Hout Bay estate property has rights in place for second dwelling

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A luxurious, contemporary 713m² family home, situated in the award-winning Kenrock Estate in Hout Bay, will be auctioned by Rawson Auctions Western Cape

A luxurious, contemporary 713m² family home, situated in the award-winning Kenrock Estate in Hout Bay, will be auctioned by Rawson Auctions Western Cape at the end of this month.

The home is set high on a landscaped stand of 6610m², says Tanya Jovanovski, franchisee of Rawson Auctions Western Cape.

“There are rights in place for the construction of a second dwelling, making this property an excellent investment proposition,” she says.

The house has six bedrooms, all en-suite; a guest cloakroom; and a modern kitchen with fitted gas and electric appliances, built-in cupboards, Caesarstone worktops, a walk-in pantry and a laundry room. Other features include a wine cellar and storeroom and a fully-fitted entertainment bar that opens to a lapa braai enclosure. An open-plan living/dining room and family room open onto an infinity pool view deck.”

The perimeter of the estate is fully fenced and secured, and a 24-hour manned security entrance controls access.

The auction will be by silent tender, with written offers to be submitted in sealed envelopes. Tenders will close at 12noon on August 30 . The reserve price is R19740000, but all offers will be reviewed. No transfer duty will be payable. The rates and taxes are R7200 a month.

No registration fee is required to bid. However, the buyer will be expected to pay a deposit of 5% of the purchase price, as well as 10% commission plus VAT over and above the purchase price on the seller’s acceptance of the bid Bidders are required to be registered and must have with them certified copies of their ID and proof of residence.

Offers must be submitted on Rawson Auctions’ Offer to Purchase form. A copy can be obtained from Rawson Auctions on info@rawsonauctions.com or 021837170 Bids can be delivered to Rawson at 222 Main Road, Rondebosch.

For details or an appointment to view the property call Marilyn Bull on 0832515114 or Tanya Jovanovski on 0218371700.

Weekend Argus Auctions

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