Bargain properties & cars at auctions

24 Aug 2012

Port Owen on the Cape’s West Coast, roughly 200km from Cape Town, has recently offered several excellent investment opportunities, says auctioneer.

A Port Owen double storey home, set on an 800 square metre plot on Admiral Island fronting directly onto Port Owen’s sheltered sailing area, will be sold at the fall of the hammer come 30 August.

Tanya Jovanovski, Rawson Auctions franchisee for the Western Cape explains that many homes in Port Owen and throughout the West Coast are second or holiday homes – and these are always the first items to be sold when times get tough. 

“Now, however, we have not only one of the best such homes to sell, but in addition, we will be auctioning a fully equipped woodworking factory and a variety of other fascinating goods.”

She says property buyers looking for bargains should not miss an auction event to be held on 30 August at the Rawson Property Group Head Office located on 222 Main Road, Rondebosch in Cape Town at 12pm.

A Port Owen double storey home, set on an 800 square metre plot on Admiral Island and fronting directly onto Port Owen’s sheltered sailing area, will be sold at the fall of the hammer come 30 August.

The home has four bedrooms and another room which can be used as a bedroom, a studio or a games room. 

It has a large formal lounge and a fully equipped kitchen on the upper floor. In addition to a master bedroom with its own en suite bathroom, there is a large family room with a TV and entertainment section and attractive verandas. 

The 1985 Volvo convertible will be auctioned on 30 August at the Rawson Property Group’s Head Office in Rondebosch, Cape Town.

In Jovanovski’s estimation this home has a market value of R7 million.

Some intriguing items will be sold on the same day and the list includes a jet ski GTX Gap 4TC with its own trailer, a supercharged 185 HP Rotex engine and trailer (this piece of plant has less than 20 hours usage and is expected to attract bids of around R70 000).

A stand-by electrical power plant with 380 v/50 Kva/100 and a trailer, will also be sold at a price of R75 000.

The auctioneers will be bringing to the auction the owner’s 1985 Volvo convertible. 

Jovanovski says this is an exceptionally valuable collector’s item. 

Vintage car enthusiasts around the world would relish the opportunity to get hold of such a vehicle, especially as it has been kept in immaculate condition.

“It is very definitely worth reminding people that most property analysts are now saying that the West Coast’s very low prices will not last more than another nine to 12 months. 

On 6 September, a 500 square metre steel framed IBR clad factory and its contents set on an erf of 3 584 square metres will be auctioned on site.

“The current times, therefore, are probably the right ones in which to secure valuable property here at a rock bottom price,” she says.

On 6 September, a 500 square metre steel framed IBR clad factory and its contents set on an erf of 3 584 square metres will be auctioned on site.

The factory over the years has gained a reputation in the area, and further afield, for attractive, well-made carpentry and furniture. 

Included in the sale will be all the equipment required to keep this business going – presses, ladders, electric cables, bolts, crane gantrys, mechanical wood saws, dust extraction and ventilation systems and cutting torches as well as some of the stock and a range of vintage telephone sets.

“Even in the most depressed of markets, this equipment would stand on the owner’s books at about R1.5 million,” says Jovanovski.  

The cherry on the top of this offering is that the factory also has a two bedroom, two bathroom flat with its own kitchen, she says.

On 11 September, nine upmarket family homes within Noordhoek's luxurious Harmony Estate will go under the hammer in one auction event.

On 11 September, nine upmarket family homes within Noordhoek's luxurious Harmony Estate will go under the hammer in one auction event.

This will be the first time that properties within Harmony Estate will be offered to the public and as such the auction has attracted much interest, according to Aucor.

Considered one of the top residential estates in Noordhoek, Harmony Estate consists of only 13 properties.

The estate has been at almost 100 percent occupancy over the past two years, showing how much these homes are in demand.

The nine properties, being taken to auction by Aucor Property, consist of 8 three bedroom homes and 1 four bedroom home, each featuring luxurious finishes.

Jonathan Woolley of Aucor Property says they have already received extensive interest in each of these properties, from both local and international buyers, as an average of 8 percent rental return has been seen on all units and at the moment there is a rental waiting list for most of the properties.

“This shows how much rental potential these properties have, and investors are aware of this,” he says.

They measure between 751 square metres to 787 square metres with quality finishes, large bedrooms, two bathrooms, lounge, dining room and a garden.

There is also a communal garden area in the estate that is maintained by the homeowners' association.

A selection of the homes also feature dressing rooms, a study and beautiful patios leading out to a family sized garden.

“We are expecting an exciting auction event as a result of the interest we have received thus far.

“The fact that this is the first time that these properties will be offered to the public makes it a very unique auction,” he says.

Meanwhile, BKB Eiendomme is offering a large Game Reserve and Lodge, located 5 minutes’ drive from Langebaan and bordering the West Coast National park, for sale by tender.

 BKB Eiendomme is offering a large Game Reserve and Lodge, located 5 minutes’ drive from Langebaan and bordering the West Coast National park, for sale by tender.

Situated less than an hour’s drive from Cape Town along the R27, Thali Thali lodge comprises of 1 449 hectare of pristine strandveld fynbos and is home to a wide array of game and spectacular birdlife, says Leon Strauss from BKB Eiendomme.

To allow the free movement of game, all interior fences have been removed while a 17km galvanized fence secures the perimeter, he says.

In addition to the main five bedroom residence, which includes a pool and double garage, the property hosts a second four bedroom residence with secured guest house approval.

Strauss says further accommodation is offered by five en suite, self-catering luxury tents and three guest cottages, while permission to build five more cottages has been granted. Included in the sale is a fully licensed bar, restaurant and lapa, as well as a 100 seater marquee, which is suitable for functions. 

Thali Thali will be sold as a going concern and the offer includes a 110 TDI Land Rover outfitted with 15 game viewing seats and a 4x4 Deutz tractor with a 25 safari seated trailer. The property boasts well maintained infrastructure and game drive trails. 

There are established populations of large game including giraffe, eland, kudu, gemsbuck, red hartebeest, zebra and wildebeest, in addition to a variety of small antelope such as springbuck, bontebuck, duiker, steenbuck and other indigenous fauna.

A certificate of adequate enclosure has been granted by Cape Nature, which allows the possibility for the future introduction of other big game.

“This is a rare opportunity to purchase a unique property on the scenic West Coast,” says Willie van Rensburg of BKB Eiendomme.

He adds that Thali Thali’s pristine wilderness, its proximity to Cape Town, and the excellent accommodation and wedding facilities on offer make it a solid investment.

Interested parties are invited to submit their tender to BKB properties, 294 Main Street, Paarl before the close at 12h00 on 28 September.

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