Ian Wyles Auctioneers will on March 11 call for bids for a luxury family home, with three income-generating rental units, on site in the upmarket Umhlanga suburb of La Lucia.
The Wyles multi-property auction will be held in the Magnet Conference Room, Edstan Business Park, Riverhorse Valley, at 11am.
In the opinion of Andrew Giddy, property manager at Ian Wyles, the improvements on the 1256m² plot at 12 Forest Crescent are “exceptionally impressive”.
“There is a lush, tropical, landscaped garden with palm trees; a 13m-long swimming pool; covered patio and entertainment area; staff quarters and a large store room. The kitchen tops are glorious granite.
“Then, to provide rental income, there are two one-bedroomed and one two-bedroomed cottages at the rear of the house,” says Giddy. “This is a beautiful family residence in a wonderful, tranquil neighbourhood where property prices constantly escalate.”
The air conditioned property is just a few hundred metres from the beach, close to the extensive shopping facilities at La Lucia Mall and also near La Lucia Primary School, and the M4 Ruth First Highway.
“The increasing popularity of living near, or in, Umhlanga will almost certainly produce strong bidding,” says Giddy.
For more information on the sale, contact Giddy at 082 601 9278 or 031579 4402 or email firstname.lastname@example.org.