In­vest in hol­i­day ac­com­mo­da­tion in Mar­gate

The Star Early Edition - - AUCTIONS - JAN DE BEER

TWENTY-SIX lux­ury sec­tional ti­tle flats in the Ka­sito block, at 5 Eras­mus Street in Mar­gate, will be auc­tioned on Thurs­day at 12 noon.

The apart­ments are about 500m from the ocean, 10 min­utes’ drive from Mar­gate’s main beach, and close to ma­jor shop­ping malls.

A va­ri­ety of other shop­ping fa­cil­i­ties and qual­ity restau­rants are within walk­ing dis­tance.

Tourist at­trac­tions, such as But­ter­fly Val­ley and bik­ing trails, are also close to the block, which is se­cure and guarded 24 hours daily.

Re­liance Auc­tions’ man­ag­ing di­rec­tor, David Sout­ter, says Ka­sito con­sists of 30 apart­ments, of which 26 will be on of­fer, 10 of which are fu­n­ished.

The two- and three-bed­roomed flats will be sold sep­a­rately or as a sin­gle lot.

“The de­vel­op­ment of a new phase, com­pris­ing an­other 28 flats, has al­ready been ap­proved with ser­vices in place for this ex­ten­sion of the block,” says Sout­ter.

“Mar­gate’s con­tin­u­ing pop­u­lar­ity as a tourist des­ti­na­tion makes this lux­ury triple-storey com­plex an ex­tremely sound in­vest­ment as an ac­com­mo­da­tion venue,” he says.

The auc­tion will take place at the Royal Ho­tel in Dur­ban.

For more de­tails, see www. re­lianceauc­ or call Char­maine on 0726774151.

Twenty-six of the 30 units in Ka­sito hol­i­day apart­ment block in Mar­gate will be sold by Re­liance Auc­tions on Thurs­day.

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