KEEPING YOUR FINGER ON THE PULSE OF THE PROPERTY MARKET

Rooi Els: Business Rescue – No Reserve on Mountainside Property

ClareMart Auction Group has been instructed to take this magnificent property, literally nestled into the mountain, to auction in a high profile Business Rescue matter.

“The property will be auctioned with no reserve, so we look forward to seeing how the market will respond, as this is a very attractive investment,” said MC Du Toit, ClareMart Executive Legal Auctions Director.

Rooi Els, with its rocky shoreline and many hidden beaches offers unparalleled views across the False Bay Coast. Swimming fishing and hiking are just a few activities that this area is perfect for. 

The entire property comprises two portions of 29 and 23 Ha respectively and is serviced with borehole water on-site. Collectively it covers 53Ha of mountainside paradise, with breath-taking ocean views.

“Building rights on a mountainside property of this nature and size, is hard to come by and as such there is approval in place for building a single residential house,” concluded Du Toit. 

View at your leisure and don’t miss this exciting auction by the ClareMart Auction Group at the One&Only Hotel, Dock Road at Cape Town’s V&A Waterfront on Tuesday 25 July 2017 at 12h30. A 5% deposit and 10% auctioneer’s commission (excluding VAT on commission) will be payable on the fall of the hammer. The balance is payable on registration of transfer.  For more information, contact MC Du Toit on mc@claremart.co.za, 021 425 8822 or 082 563 3275 and visit www.claremart.co.za