Himeville mansion on large plot to be auctioned
Village is the gateway to the Sani Pass in the Drakensberg
A LARGE, renovated mansion in picturesque Himeville is a major attraction at Ian Wyles Auctioneers’ multi-property sale on Wednesday at The Durban Country Club at 11am.
Andrew Giddy, Ian Wyles property manager, says the company will also offer properties sourced from deceased estates and prime property in Pietermaritzburg.
The Himeville house is in Thomas Street, overlooking a dam and the spectacular southern Drakensberg mountains. It is next door to the Himeville Hotel and near the Himeville Nature Reserve. Himeville is about 130km from Pietermaritzburg and the gateway to the Sani Pass.
The home on offer has three bedrooms, two bathrooms and a study on the ground floor. Stairs lead to a studio loft. The open-plan kitchen has chrome handles and black wall tiles. An enclosed sunroom opens on to the garden through wide glass doors to a paved area for outdoor entertaining.
The property – on land of more than 4000m² – has automated garage doors, a generator, solar panels and underfloor heating. The property is ready for occupation.
Ian Wyles has also been instructed to sell vacant land in Pentrich Industrial Park at 48 White Road, Masons Mill in Pietermaritzburg. The zoning of the 2700m² land is “general industrial”.
“The site is fully serviced and one of the last vacant plots in the area. Several blue chip businesses operate near the property, which is just 3km from the University of Kwazulu-natal and within walking distance of a bus route. With the site also bordering a busy residential area, the potential for student accommodation is very good.”
Bidders at the auction will have to provide a refundable deposit of R50000 with Fica documents as identification. On the fall of the hammer, the auctioneer requires a minimum 5% deposit, as well as the buyer’s commitment and balance of the purchase price within 30 days.
Prospective buyers view the properties appointment.
For more details call Andrew Giddy on 082 601 9278 or 031 579 4403 or email andrew@ianwyles.co.za. The website www.ianwyles.co.za has a full list of the auction lots. – Auctions Writer can by PREDICTED neutral interest rates and an improved political environment with Cyril Ramaphosa leading South Africa, are expected to attract property investors and bargain hunters to auctions.
Pieter Geldenhuys, chief executive of Bidders Choice, expects the call by economists for people to pay off their debts, coupled with the volatile world economy, will compel debtors to sell properties under market value.
“Current market conditions A PAINTING by the late Emily Kame Kngwarreye has sold for £1.2 million (about R20.3m), the highest price yet paid for any Australian female artist on auction.
The acclaimed Australian contemporary painting, Earth’s Creation I, was recently sold by Fine Art Bourse auctions, breaking its are ideal for owners to sell properties on auction because the process is swift and transparent. Auctions are also the perfect platform for investors looking for bargain properties.
“Owners of upmarket residential property are downsizing and buying smaller lock-up–and-go properties, causing an oversupply of expensive houses. The result is decreased property values and insufficient demand, offering opportunity for own record for the highest price achieved at auction for an Australian female artist.
It broke the world auction record for an Aboriginal artist, previously set by Clifford Possum’s Going, Going, Gone, sold in Australia for $2.4m in July 2007.
Fine Art Bourse (FAB) and Cooee Art Marketplace, the investors to buy larger and more expensive properties at lower prices on auction.
“There is also an oversupply of business properties due to flexible working hours and staff working in mobile offices or from home.”
Geldenhuys believes these trends will continue.
“Property owners under pressure to sell will find selling on auction gives them a better price than any other sales platform.” – Auctions Writer new partnership behind the auction, revealed that Earth’s Creation l was acquired by Tim Olsen, who recently established a gallery in New York on behalf of a client.
FAB auctioneer Tim Goodman said: “This has been a highlight of my 40-year career in auctions.
“This sale will go a long way to breathing life back into the Aboriginal art market.”
The painting has shown at the National Gallery Japan, National Museum of Osaka, other global galleries and the Venice Biennale, the most impressive exhibition history of a contemporary Australian painting.