Choice investments at coast and inland

BIDX1 has a selection of properties available for investors.

The first is in a prime position in Camps Bay and will go under the hammer in an online auction on December 7.

Situated in the front row of “Millionaires’ Mile”, the multilevel freehold home overlooks the ocean in sought-after Bakoven in Victoria Road, Camp’s Bay.

MC du Toit, the sales director, says this large erf of 1 253m² – a significant portion of which is undeveloped – lends itself to the development of apartments, a boutique hotel or guest house, or a luxury residence.

“Opportunities to acquire a property in such a prime location are extremely hard to come by, especially one with so much potential. It is also conveniently close to all amenities including some of Cape Town’s trendiest restaurants and bars, not to mention the world-class beaches,” says Du Toit.

Zoned single residential, the property is next to GR4 zoned erven, which means it property has potential for similar zoning.

The second property is in La Lucia on Durban’s acclaimed North Coast, minutes from the beach and just 1.5km from La Lucia Mall and 5km to Gateway Shopping Mall.

The modern double-storey home will also feature in the December 7 auction. Set on a 1 394m² erf and recently renovated inside and out with luxurious finishes, it is in proximity to good schools and has views of the Indian Ocean.

The home has plenty of natural light, a large garden, double garage plus additional parking and staff accommodation. It is fully secured with electric fencing, alarm system and automated gates.

It has an open-plan living area leading onto the patio and decked pool area; a spacious kitchen with Caesarstone countertops, marble tiles and a gas stove; a separate scullery and external laundry. The master suite has a balcony with sea views.

Other properties on auction include a court order instruction of a six-bedroom home in Ruimsig, just west of Johannesburg; and a spacious, well-appointed, two-bedroom apartment in a popular complex in Protea Heights, Brackenfell, in Cape Town’s northern suburbs – with a lease in place until September 30 next year.

For further information either visit https://bidx1.com or call 021 140 3541. |

A PROPERTY in a prime location in sought-after Camps Bay, along with other investment opportunities, is going under the hammer.