Historic gem to yield returns

Published Oct 20, 2018

Share

A two-bedroom Victorian-style cottage in Oranjezicht - one of the oldest neighbourhoods in the city bowl, with origins dating back to the 16th century - will soon go under the ClareMart Auction Group’s hammer.

“The auction will give property investors an opportunity to own a timeless property that embodies both historic charm and modern sophistication,” says the auction group’s Nikolai Mynhardt.

Located at the foot of Table Mountain, the semi-detached cottage has panoramic views encompassing the city, Table Mountain, Signal Hill and Lion’s Head, he says.

The use of the erf, which has a General Residential 2 zoning, has been optimised “to create spacious tranquillity where there would ordinarily be compact living”.

“With pristine finishes that include natural wooden floors, high ceilings, a modern kitchen with a gas hob, a bathroom with his-and-hers basins, an abundance of natural light from both morning and afternoon sun, and a functional flow from one zone to the next, this home is the fusion of a forgotten era and new-age Zen.”

Glass stacker doors expand the dining area onto the back courtyard, creating a seamless flow with ample space for entertaining or enjoying the summer weather.

The master bedroom, which is situated upstairs, makes clever use of all available space with simple yet classic design elements, and offers spectacular views, says Mynhardt. The second bedroom is downstairs.

The home has an alarm system.

There are several walking/running and cycling routes in the vicinity, including De Waal Park, which now has an outdoor gym.

The property at 4 Sophia Street, Oranjezicht, will be on show from 2pm to 5pm next Sunday and on November 4.

It will be auctioned on site at noon on November 7.

Mynhardt says: “Judging by the steady increase in property values in this area over the past two decades, I believe this home is an investment that will yield significant returns - and we anticipate highly competitive bids.”

For more details, call Nikolai Mynhardt on [email protected] or 0843169962, or see www.claremart.co.za

Related Topics:

diy