A dozen prime Cape properties including a highly desirable Cape Town CBD commercial space, another in Claremont’s CBD, a building two minutes’ walk from the ocean in Sea Point and one of the Atlantic Seaboard’s most spectacular mansions are set to be auctioned off this month.
The Cape properties are among more than 70 lots that will see High Street Auctions (HSA) again smash the South African real estate auction record with stock valued at around R1,2bn being offered for sale in the month of November. The first sale took place on the 8th and the final sale of the year will be held on the 29th.
HSA lead auctioneer and director Joff van Reenen said he has rarely – if ever – seen such a first-class collection of Cape properties coming to market at the same time.
“Eight of the properties are situated within the Cape Town metro and every one of them is exceptional; two are in the Winelands, one in Eland’s Bay up the West Coast and the final Western Cape lot is in the millionaire’s playground of Plettenberg Bay,” he said. “A showpiece among our Cape sale lots this month is a designer mansion perched high on the slopes of Lion’s Head in Fresnaye. Head Road has been one of the most exclusive and expensive residential streets in South Africa for decades and this property is one of the best on the street.
“The residence is four storeys of angled architecture and curved glass that offers a 360-degree outlook and one of the most spectacular ocean views in Cape Town. Expansive double-volume entertainment spaces create an easy indoor-outdoor flow, while four bedrooms and four bathrooms complete the upstairs spaces. The master suite also includes a kitchenette and living room.”
Van Reenen said the auction on November 29th, when 11 of the Cape properties go under the hammer, will be one HSA’s largest ever by volume and stock value.
“We will be running dual sales rooms; a virtual floor at the Mount Nelson Hotel in Cape Town, which will link up with our main floor at Summer Place in Johannesburg.”
For more information visit www.highstreetauctions.com