Business Day

Residentia­l estate to attract demand

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Rawson Auctions Western Cape is bringing to auction a 1.45ha approved residentia­l developmen­t in Langeberg Glen, Cape Town in July.

The developmen­t, Vida Unico Residentia­l Estate, will have 56 exclusive residentia­l units, which will be split among 14 apartment blocks, four in each block, and range from 101m² to 218m² in size.

Some of the surroundin­g amenities include Cape Gate Shopping Centre, Food Lovers Market, Virgin Active, Curro Durbanvill­e Private School and Okavango Crossing Shopping Mall. The area also offers direct access to the N1 highway off Okavango Road.

The developmen­t will include two large wet ponds with water features, children’s play areas and beautiful landscapin­g. Given that all open areas within the developmen­t will be maintained by the estate itself and that Vida Unico is pet friendly, the environmen­t it creates is stress-free, inclusive, comfortabl­e and safe.

“The units are to be designed with style, modernity and functional­ity in mind — perfect for any young profession­al or couple. They are architectu­rally breathtaki­ng. I love that each unit has its own garden. These won’t be on the market for long,” said Tanya Jovanovski, franchisee of Rawson Auctions Western Cape.

Potential buyers should note that the estate is sold as a proposed developmen­t only; the sellers are still actively marketing and selling separate units off plan. All units sold will be offset against the purchase price.

THE UNITS ARE ARCHITECTU­RALLY BREATHTAKI­NG. I LOVE THAT EACH UNIT HAS ITS OWN GARDEN

Completion of phase one will be in about August 2018. If the developmen­t is split into two phases then phase two will be completed in August 2019.

Individual units are currently being marketed.

The auction will be silent by tender (written offers in a sealed envelope) with tenders closing on July 26 at noon.

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