Weekend Argus (Saturday Edition)
Opportunity knocks in Gardens
IN2ASSETS will be auctioning two properties in Gardens, with Table Mountain views, on March 23 at 11am. This auction will allow for live in-person bidding, as well as online bidding.
The adjacent properties at 12 and 14 Constantia Road have a combined extent of 940m².
12 Constantia Road has a part single, part double-storey residence at the front and a double-storey second dwelling at the rear.
The ground floor of the main dwelling has five bedrooms, main en suite; family bathroom and a separate toilet; lounge; kitchen; storeroom and laundry.
The first floor, accessed by an external staircase, is a studio flat with an open-plan lounge and bedroom, a kitchen and a bathroom. It has views of Table Mountain.
The second building has a studio flat on the ground floor, with a lounge, en suite bedroom and kitchenette. On the upper floor is a one-bedroom flat.
The main dwelling at 14 Constantia Road is split into two units. One has a bedroom, guest toilet, family bathroom, lounge and kitchen, and the other has a bedroom, family bathroom, lounge and kitchen.
The ground floor of the second dwelling comprises a laundry room, two storerooms and a toilet with a hand basin. The first floor offers a flat with views of Table Mountain. It has two bedrooms, both en suite, and an openplan lounge and kitchen.
“The properties are ideal for redevelopment into an apartment block. The views are exceptional and they present a rare opportunity to develop a trendy, upmarket high-rise scheme to take advantage of the growing demand in the area,” says Jacques Chowles, who is handling the sale.
“A demolition permit has previously been granted for the site. The immediate area has seen several highly successful and sought-after developments of a similar nature. Gardens appeals to such a wide range of residents, demand is consistently high.”
He says the short-term rental market is also lucrative in Gardens, thanks to its ease of access and central location.
For more information, contact Jacques Chowles at 079 459 3022, 031 574 7600 or jacques@in2assets.com. |