Retirement development opportunity in Wellington.
Exclusive estate on 6.6H with magnificent views, ear marked to be developed into a 104 Sectional title homes, 160 Assisted living apartments and 12 Frail care rooms.
Desktop Valuation – Market Value: R39.8M Forced sale: R25.5M
OUR AUCTION RESERVE – R20M – THIS MUST BE SOLD!!!
This magnificent piece of land is situated in Wellington, Western Cape and overlooks the Cederberg Mountain range. Wellington’s economy centered on wine, table grapes, deciduous fruit, olives and the brandy industry. The town is located 75 kilometers north-east from Cape Town.
OUDTSHOORN INN HOTEL AND CONFERENCE VENUE.
The Holiday Inn Garden Court Oudtshoorn is centrally situated in this charming town and within walking distance of shops, museums, and many interesting tourist spots. Oudtshoorn lies inland over the Outeniqua Mountains in the Little Karoo and boasts the world- famous Congo Caves. These caves, situated at the base of the Swart- berg Mountains, consist of a series of 80 caverns filled with stalagmites and stalactites. This historical area is also famous for its ostrich, crocodile and cheetah farms, and the hotel is close to all these attractions. Guests can relax in the tranquil garden setting with its sparkling pool or enjoy a round of mini golf or a game of tennis. Guestrooms are comfortable and the restaurant overlooks the gardens. This scenic region has much to offer, and the hotel is perfectly located to enjoy the many guided tours available. Come and experience some of South Africa’s fascinating history.
SECURE TWO-BEDROOM APARTMENT.
Two-bedroom apartment. One bathroom. Spacious open plan lounge. Fully fitted kitchen. Well maintained garden. Secure cover parking for two vehicles at an additional cost. Potential rental income is between R8000.00 & R8500.00 per month. The owner has declared that there is water damage & mould by the back door & wall. Slight mould on the bathroom ceiling. Water damage on the back door. The property is sold voetstoots.
STEENBERG GOLF ESTATE
Luxury house in Steenberg golf estate. House has three on suite bedrooms. Study which can be used as fourth bedroom. Open plan lounge dining and kitchen with separate scullery. Pool with enclosed patio. Double garage. Purchase includes two golf memberships.
NEWLY RENOVATED TWO-BEDROOM APARTMENT.
Recently refurbished two-bedroom apartment. Spacious lounge. One bathroom. Fully fitted kitchen. Well-maintained communal gardens with irrigation system. Secure parking for one vehicle. Potential rental income R10500.00 per month.
SUNNY STUDIO APARTMENT.
Sunny studio apartment overlooking a lovely, lush garden. Small compact kitchen with modern BIC’s. One bathroom. Off street parking. Current rental income R6500.00 per month. Lease expires 31 December 2022.
LUXURIOUS TWO-BEDROOM APARTMENT IN CENTURY CITY.
The light and the airy master bedroom is fitted with built-in cupboards giving ample space and an en-suite bathroom with a shower. The second bedroom is also fitted with built-in cupboards and there is a full guest bathroom that includes a bath with an overhead shower. The open plan living area and kitchen are both finished with high-quality laminate flooring which further adds to the modern aesthetics of this apartment. The stunning kitchen has ample cupboard space and is fitted with white granite tops. It includes a washing machine, fridge, an oven/hob and has a space for a dishwasher. The modern lounge opens onto a balcony. Secure basement parking. Restaurant within the building. Secure building with manned entrance.
The buyer typically pays the auctioneer’s commission.
The terms of the offer to purchase are agreed to by the seller and acknowledged in writing by the buyer before the auction takes place.
As a seller, you can choose whether to accept the winning bid on the day of the auction. This happens by setting a a price and leaving the offer to purchase open for a period of time before accepting or rejecting it.
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Once the hammer falls, the deal is done and the buyer is legally required to follow through.
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We’ll roll out an intensive and targeted marketing campaign in the run-up to your auction.
If you receive an acceptable winning bid on auction day, the deal can be done. It’s that easy.