Two unique houses in Ladismith, in the Klein Karoo, will be auctioned on 22 February at a guided price of R500 000 and R900 000.
Both houses have the opportunity to produce an extra stream of monthly income through letting,” says Tanya Jovanovski, franchisee of Rawson Auctions Western Cape. “Couple that with the tantalising aesthetic of the Klein Karoo, and the properties nestled within, and you have a no-brainer purchase in either of the homes.”
The first house, at 9 King Street, has a large erf of 1 071sqm, which presents the opportunity for additions and alterations
The house has two bedrooms, one bathroom, lounge, study and kitchen with built-in cupboards. The floors are wooden throughout.. The garden is well maintained garden and there is shaded parking.
The home is currently tenanted until June 2017 and brings in a monthly rental income of R3 000 a month. This will be a silent auction by tender (written offers in a sealed envelope), with tenders closing on Wednesday, 22 February 2017 at 12 noon.
The guided price is R500 000, however, all offers will be reviewed. Rates and taxes for the property are R400 a month, and as the seller is not registered for VAT, transfer duty will be payable.
The second property (661sqm), located at 6A Queen Street, is a quaint beauty that perfectly lends itself to countryside living, says Jovanovski. “The interior is warm, spacious, comfortable and constantly soaked in plenty of natural light.”
This double storey home has four bedrooms (three downstairs, one upstairs), an open-plan lounge/dining area/kitchen with built-in cupboards and stove, and one-and-a-half bathrooms. The floors are tiled throughout the house, except the bedrooms which are all carpeted. There is a double garage, braai area, lapa (roof level) and veranda. Construction of a loft above the garages, which could be used as a flatlet, is already underway – the water and electrics have been installed.
The guided price for this property is R900 000, but all offers will be reviewed. Rates and taxes are R600 a month, but the seller is not registered for VAT, so transfer duty is payable.
The auctions, as mentioned before, will be silent by tender (written offers in a sealed envelope), with tenders for both properties closing on Wednesday, 22 February 2017 at 12 noon.
In following with the terms of Rawson Auctions, there is no registration fee to bid. However, 5% deposit of the purchase price, as well as 10% commission plus VAT over and above the purchase price is to be paid to Rawson Auctions by the buyer on acceptance of the seller. Bidders are required to be registered and must have with them certified copies of their identity documents and proof of residence.
Interested parties are requested to submit all offers on the Rawson Auctions standard terms and conditions offer to purchase, a copy of which can be obtained via email.
Bids can be delivered to Rawson Property Group’s head office at 222 Main Road, Rondebosch.
For more information, contact Hans Buys on 082 964 6852.