A two bedroom ground-floor unit located in the extremely sought-after Somerset Place is going on auction.
This two bedroom, one bathroom home in Somerset West has a patio and offers access to a communal pool and braai area. It will be auctioned on 22 Feb at 12h00, with a reserve price of R700 000, click here to view.The 82sqm unit has double-volume bedrooms and living areas.
“Ground-floor units like this don't come on the market often, so make sure you don't miss out,” says Tanya Jovanovski, franchisee of Rawson Auctions Western Cape.
“Somerset West is a wonderful area. It is situated perfectly - you are close to top-performing schools, and families are free to enjoy the plethora of great activities the town has to offer. To take a walk on the beach you can drive up to Gordon’s or Betty’s Bay, or venture off to Stellenbosch and Franschhoek to enjoy the famous wine routes.”
The property has two bedrooms, one bathroom, an open-plan lounge and dining area, and a tiled kitchen with a stove and oven hob. The kitchen is finished with melamine and marble tops and has built-in cupboards offering plenty of storage space. The bedrooms are also have spacious cupboards. The unit is secured with burglar bars, security doors and access control.
Outside you’ll find a well-kept garden, communal braai and pool. Residents are allowed to make use of a weber on their stoep if they see fit.
Jovanovski says the property was initially purchased in 2013 for R510 000, however, average sales in the area today are closer to R653 000.
The auction will be held at Rawson Property Group’s head office 222 Main Road, Rondebosch, on 22 February 2017 at 12h00.
“There is a reserve price of R700 000, however, all offers will be reviewed - so don’t hesitate to bid. Rates and taxes are just R1 300 a month, and that is with levies included,” says Jovanovski.
In following with the terms of Rawson Auctions, there is no registration fee to bid. However, 5% of the purchase price as deposit, 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 seller.
Bidders are required to be registered and must have certified copies of their identity documents and proof of residence with them.
For more information, or to view the property, click here.
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