Camps Bay home could be redeveloped

Published Nov 3, 2018

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ClareMart Auction Group’s hammer will soon fall on a magnificent Mediterranean-style family home on the Atlantic seaboard, which remains one of the most sought-after locations in Cape Town. The property forms part of a deceased estate matter.

Set against the backdrop of Table Mountain and a stone’s throw from Camps Bay beach, the property is surrounded by top restaurants, bars, boutiques and other amenities, says Farrell Perling, ClareMart executive sales head.

”The home, which stands on a 653m² erf, comprises four bedrooms, two bathrooms and large open-plan living spaces,” he says.

“Its level garden creates a lush environment, ideal for outdoor entertaining. The large double garage provides ample storage and secure parking space, with off-street parking space also available.”

The home on offer (the grey-roofed property with long driveway leading to the garage, seen to the right of the adjacent property’s pool) is within walking distance of Camps Bay beach. Picture: ClareMart

Perling says the property would be ideal for a family who want a home which is ready to move into, but points out that it also offers a significant redevelopment opportunity either to upgrade or rebuild, depending on the architectural preference of the new owners.

He says: “Demand for property in Camps Bay and its surrounds continues to soar at an exponential rate. This area attracts local and international interest, with Europeans and Americans drawing great benefit from the strength of their currency and the value it generates in South Africa.

“We anticipate a highly competitive auction as properties this close to the Golden Mile do not appear on the market every day.”

The property will be on show from 2pm to 5pm on Sunday, November 4 and will be auctioned on site at 17 The Drive, Camps Bay, at noon on November 8.

For more details, call Mike Baigel on 0829269479 or email email [email protected] or call Farrell Perling on 0720407274 or email [email protected] or see www.claremart.co.za

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