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Cape Dutch home in Salt River up for auction

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A freestanding Cape Dutch home in Salt River, just 5km from the City Bowl, will be auctioned at the end of February, but the owner is open to a pre-auction offer of nothing less than R2.599 million.

“Salt River is such a lovely suburb. Its neighbours, Observatory and Woodstock, like Salt River, are trendy and full of life and are well-known for their bars, restaurants and tightly-knit communities,” says Tanya Jovanovski, franchisee of Rawson Auctions Western Cape.

The house has four bedrooms and two bathrooms with the main en suite. The kitchen and bedrooms both have fitted cupboards and either tiled or carpeted floors. The home is modern and comfortable, the rooms are large and there are plenty of windows to let in natural light. There is a well-maintained garden.

The house covers an area of 260sqm and is located at 42 Addison Street, Cape Town. The property is capable of bringing in a rental income of R15 000 a month, says Jovanovski.

The auction will be silent by tender (written offers in a sealed envelope), with tenders closing on Wednesday, 22 February at 12 noon. The guided price is P.O.A (price on application), but all offers will be reviewed. Pre-auction offers from R2.599 million will be considered by the seller.

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 are 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 Ashraf Antooley on 021 837 1700.

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Post source : https://www.property24.com/articles/cape-dutch-home-in-salt-river-up-for-auction/25361

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