A semi-detached, two-bedroom unit in a secure Tokai complex will be up for auction on June 26, offering an investment opportunity as it could potentially generate a rental income of R9000 to R12000 a month.
Tanya Jovanovski, franchisee of Rawson Auctions Western Cape, anticipates the unit will be snapped up at the auction.
Located in the Hillside complex, the home spans some 80m² and comprises two bedrooms, a bathroom with a shower and bath, a spacious lounge and dining area and a neat, fitted kitchen with built-in cupboards, a hob and an under-counter oven.
The kitchen leads out to a balcony.
Security gates and burglar bars have been fitted to all doors and windows, and the property comes with its own secure parking bay.
“The home is in excellent condition and could be an ideal starter home for a young family, couple or professionals,” suggests Jovanovski.
The unit will be vacant on transfer.
“What makes the property even more attractive is the complex in which it is situated,” she sayss.
“Hillside is a well-maintained estate with two communal swimming pools and a communal garden.
"The complex is a five-minute drive away from shopping centres, schools and all amenities.”
Jovanoski says Tokai, which is situated in the foothills of Constantiaberg, is one of Cape Town’s most renowned and beautiful suburbs.
“All homes here are large, with lush gardens and spaced out along tree-lined streets.
"Tokai borders the vineyards of Uitsig, which forms part of the Constantia Wine Route, and is also set against the Tokai Forest, from which it got its name.”
The property will be auctioned at noon on June 26 at the Rawson Property Group’s head office at 222 Main Road, Rondebosch.
The reserve price is available on application, but all offers will be considered.
Offers should be submitted on Rawson Auctions’ Offer to Purchase form, a copy of which can be obtained by contacting the auctions team on [email protected] or 0799803457.
Bids can be delivered to the Rawson Property Group’s Rondebosch head office.
For more details or to book an appointment to view the property, call lda Santiago on 0847627195, email Tanya Jovanovski at [email protected] or call her on 0824119599.