Sunday, December 16

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Palatial Hout Bay home offers potential to generate income

Claremart Auction Group has been instructed to facilitate the sale of a palatial five-bedroomed home in Hout Bay, as part of a liquidation matter.

Located on the Atlantic seaboard, Hout Bay gives one a sense of being far removed from city life, says Andrew Koch, ClareMart general executive director.

With five bedrooms and four bathrooms, the home to be auctioned is ideal for a larger family, or those wanting to capitalise on the growing tourism market through the property’s potential to serve as a boutique guest house or Airbnb, he says.

Koch says: “The living areas include a formal dining room with elegant finishes. There is also a lounge/family room/TV room which is likely to become a focal point for the family.

“Three built-in braais ensure this home, which could easily be located in any of Europe’s finest cities, maintains its proudly South African heritage.”

Large windows let in sunshine during the day and at night soft lighting creates a warm ambience, he says.

“The finishes include TV points throughout the home, an indoor and outdoor sound system, under-floor heating and air-conditioning.”

The property, built on a 1036m² erf, offers triple garaging and off-street parking for four vehicles.

“We believe this home is bound to draw the attention of property connoisseurs from across the country and is likely to attract competitive bids, particularly as it has the potential to generate significant income.”

4 Edmondia Close, Kronenzicht, Hout Bay, will be on show today from noon to 2pm and November 25 from 2pm to 5pm.

The auction will be held at the One&Only Hotel at the V&A Waterfront on November 27 at 12.30pm.

For more details, call 0824949631, email andrew@claremart.co.za or see www.claremart.co.za

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