KEEPING YOUR FINGER ON THE PULSE OF THE PROPERTY MARKET

Camps Bay – Redevelopment opportunity sold for over R9m

The Atlantic Seaboard remains one of the most sought after property locations in Cape Town, and even South Africa, pursued by both local and international buyers. This was evident when a four-bedroomed Mediterranean style Camps Bay home sold for R9 143 000.

On the outside, the level garden creates a lush environment ideal for outdoor entertaining, with the sea air drifting gently on a summer breeze. The large double garage provides ample storage and secure parking space, with off-street parking space also available.

This home is ideal for a family who simply wants to move in, but also has significant redevelopment opportunity on a spacious 653m² erf, to either upgrade or rebuild, depending on the architectural preference of the new owners.

 “The demand for property in Camps Bay and surrounds continues to soar at an exponential rate, despite talk of a declining property market. We continue to attract qualified cash buyers to our auctions and the prices our properties sell for, continue to exceed the expectations of seller. We are highly satisfied with the outcome of this auction,” said Farrell Perling, ClareMart Executive Sales Head.

For more information or to list your property with ClareMart Auction Group, contact Farrell Perling on farrell@claremart.co.za  or 072 040 7274.