A double-storey townhouse with its own title deed, located in Gordon’s Bay’s Cayman Beach Estate, will go under the hammer next week without a reserve price, offering buyers an opportunity potentially to snap up a bargain.
Dan van Zyl, the auctioneer who will conduct the auction, says the newly-renovated property could be sold furnished or unfurnished, whichever the buyer prefers.
The top floor of the property comprises three bedrooms with main en-suite, a second bathroom and a large balcony with built-in braai overlooking the Hottentots Holland Mountains.
Downstairs there is a modern, open-plan kitchen with granite tops and a new gas stove and a dining/living room.
“There are high-quality finishes, such as laminated floors and built-in cupboards, throughout the home,” he says.
A double garage with automated doors offers direct access into the house and there are also two paved parking spaces.
“The property is completed by a private, walled garden for children and pets to play in, and where dad can braai. The size of the erf is 256m² and the house itself measures about 160m².”
A security gate leading from the grounds of the property provides access to the nearby ocean.
The Cayman Beach Estate complex offers good security, a communal clubhouse, a swimming pool and tennis and squash courts.
Van Zyl believes the auction will provide an opportunity for potential homeowners, investors and speculators to buy a good property at an excellent price in a market where there is demand for rental properties.
The property is currently vacant and it will be possible for the new owner to take early occupation, he says.
All rates, taxes and levies will be paid up to date.
The auction will take place on site at 7 Cayman Beach Road, Cayman Beach Estate, Gordon’s Bay, at 11am on November 13 While there will be no reserve price, the sale will be subject to confirmation by the seller, Van Zyl says.
The property may be viewed from 10am on the day of the auction.
No registration fee will be payable. However, the winning bidder will be required to provide an identity document and proof of residential address on the fall of the hammer.
A deposit of 10% of the bid price plus auctioneer’s commission will be payable either by bank-guaranteed cheque or EFT on the day of the auction.
For more details and photographs, call Dan van Zyl on 0824583867.