Two homes in Marina da Gama in Cape Town’s Southern Suburbs will be going under the gavel on Tuesday 22 June 2010 at 12 noon and 13:00 respectively.
Both of them are bank properties in possession.
The first property is sited on Oudevlei Road in the northern section of the precinct, in close proximity to the water, and has a 612sqm erf and a well-established garden.
There are four bedrooms and spacious open plan living/dining areas. There is a formal lounge with a fireplace. Garaging for two cars is provided.
The architectural style conforms to the prescribed Marina da Gama rulings – walls are white plastered and roofs are mono-pitch with attractive parapets.
The property is fully walled with a motorised gate and an intercom system at the gate. Secure parking is provided for visitors to the property.
Currently the home has a rental income of R4,300. Tanya Jovanovski, CEO of Rawson Auctions, has said that she expects bids from R500k and would be suitable as a rental or retirement property or as a holiday home purchase.
As the seller is VAT-registered, there is no transfer duty payable on this property. There is also no auctioneer’s commission payable by the buyer as this is a bank instruction.
A second home in Marina da Gama will be auctioned on the same day at 13:00 at 3 Gelder Close.
This is a double storey home on a 718sqm erf, which is fully walled and has a swimming pool. This home has four bedrooms, with the main en suite, a modern kitchen with wooden cupboards and tiled floor, an open plan lounge, dining and kitchen area. There is, too, an large enclosed patio with a built-in braai.
For more information contact Tanya Jovanovski on 082 411 9599.
Readers' Comments
Have a comment about this article? Email us now.
