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131 Victoria Rd, Camps Bay, Western Cape, South Africa

Auction
South Africa
House
Residential

Invited Opening Bid R15 000 000

Bidding deposit R50 000 *fully refundable if unsuccessful bidder

Extension period added...

Auction Date 07 December
Closing Time To be Confirmed

Property Viewings

Please contact us to discuss viewings for this property.
Phone
+27 (0) 21 140 3541
Email
info@za.bidx1.com
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Property Summary

  • This sale is Subject to Confirmation by the Trustees.
  • 131 Victoria Rd, Bakoven/Camps Bay, Western Cape
  • Erf extent: 1 253m2
  • Erf: 111, Camps Bay, City of Cape Town
  • Zoning: Single Residential  (Located next to GR4 zoned erven, possibility of rezoning to GR4) 

Contact Us

Kim Moodley
Kim Moodley
Property Agent, here to help.
Anton koegelenberg
Anton koegelenberg
Property Agent, here to help.

Contact Us

Kim Moodley
Kim Moodley
Property Agent, here to help.
Anton koegelenberg
Anton koegelenberg
Property Agent, here to help.

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Property description

  • Freehold, multi level home on the waters edge in Bakoven.
  • Large erven which lends itself perfectly to the development of apartments, boutique hotel, Guesthouse or a unique, once in a lifetime residential home.
  • The property is above street level, sloped away from the ocean with endless sea views.
  • There are no erven below sea level which means there is no potential to create an obstruction to the sea view in future.
  • The site has been considered suitable for re development.
  • A large portion of the site is still undeveloped.
  • There have been recent developments done on 121 and 125 Victoria road.
  • The ervens in the surrounding area have been granted GR4 zoning by COCT so the same could potentially be possible for this erven.
  • 5% Deposit and Buyers Commission of 5% plus VAT will be applicable
  • Please note: All legal documents can be viewed by clicking on the ‘Legals’ tab above, in order for you to carry out due diligence in relation to the property. By doing so, this will also then ensure that you are continuously updated regarding any pricing changes on the property before the auction.

Location

  • Bakoven forms part of the greater Camps Bay area.
  • More commonly known as 'Millionaires Mile'
  • The property overlooks the nearby Bali Bay
  • Close to all amenities including some of Cape Towns most trendy restuarants and bars.  

VAT

Please refer to Legal Documents

*Terms & Conditions

No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All interested parties must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.

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