Business Day

One-bedroom flat with great views

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This stylish one-bedroom apartment in a well-maintained, 24hour security block offers buyers either a fantastic investment opportunit­y or the chance to embrace Cape Town city living.

The flat (66 On Keerom) boasts high-quality finishes and a great view of Table Mountain. It’s positioned close to all amenities and trendy Long Street. It is currently run as an Airbnb.

Tanya Jovanovski, franchisee of Rawson Auctions Western Cape, describes it as the “perfect investment or lock-up-and-go living”. The 43m² apartment has a single bedroom with carpets and built-in cupboards; a tiled bathroom; an open-plan lounge with parquet flooring; and an open-plan kitchen with granite tops, an oven, a hob and an extractor fan. The property comes with uncapped Wi-Fi, and electricit­y is included in the levy of R1,800 per month.

The property will be on auction on August 15 at 12pm at 222 Main Road, Rondebosch (Rawson’s head office). The reserve price is R1.85m. However, all offers will be reviewed.

The seller is registered for VAT and as such a transfer duty is not payable. There is no registrati­on fee to bid. However, 5% deposit of the purchase price, as well as 10% commission plus VAT over and above the purchase price is to be paid to Rawson Auctions by the buyer on acceptance of seller.

Bidders are required to be registered and must have with them certified copies of their identity documents and proof of residence.

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