Weekend Argus (Saturday Edition)

Hout Bay estate property has rights in place for second dwelling

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A LUXURIOUS, contempora­ry 713m² family home, situated in the award-winning Kenrock Estate in Hout Bay, will be auctioned by Rawson Auctions Western Cape at the end of this month.

The home is set high on a landscaped stand of 6 610m², says Tanya Jovanovski, franchisee of Rawson Auctions Western Cape.

“There are rights in place for the constructi­on of a second dwelling, making this property an excellent investment propositio­n,” she says.

The house has six bedrooms, all en-suite; a guest cloakroom; and a modern kitchen with fitted gas and electric appliances, built-in cupboards, Caesarston­e worktops, a walk-in pantry and a laundry room. Other features include a wine cellar and storeroom and a fully-fitted entertainm­ent bar that opens to a lapa braai enclosure. An open-plan living/dining room and family room open onto an infinity pool view deck.”

The perimeter of the estate is fully fenced and secured, and a 24-hour manned security entrance controls access.

The auction will be by silent tender, with written offers to be submitted in sealed envelopes. Tenders will close at 12noon on August 30 . The reserve price is R19 740 000, but all offers will be reviewed. No transfer duty will be payable. The rates and taxes are R7 200 a month.

No registrati­on fee is required to bid. However, the buyer will be expected to pay a deposit of 5% of the purchase price, as well as 10% commission plus VAT over and above the purchase price on the seller’s acceptance of the bid Bidders are required to be registered and must have with them certified copies of their ID and proof of residence.

Offers must be submitted on Rawson Auctions’ Offer to Purchase form. A copy can be obtained from Rawson Auctions on info@rawsonauct­ions.com or 021 837 170 Bids can be delivered to Rawson at 222 Main Road, Rondebosch.

For details or an appointmen­t to view the property call Marilyn Bull on 083 251 5114 or Tanya Jovanovski on 021 837 1700.

 ??  ?? The upcoming auction of this six-bedroomed property, in Kenrock Estate in Hout Bay, offers an opportunit­y to make a solid investment.
The upcoming auction of this six-bedroomed property, in Kenrock Estate in Hout Bay, offers an opportunit­y to make a solid investment.

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