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Wednesday, 11 November 2009

Heritage Site on Auction

Please note the date for the Stone Cottage Auction is on
19 November at the Grand Westin Hotel.


CBRRA CAMPAIGNS TO ENSURE THEIR PRESERVATION



Read the full article ‹‹here››

Savile Row Auctions announced that its inaugural Cape Town auction will to be held on 19 November at The Grand Westin Foreshore in Cape Town.

The auction will offer a unique opportunity to the discerning property buyer with seven original stone cottages coming under the hammer.

Kim Faclier, Managing Director of the Savile Row Auctions Cape Town operation comments, "The cottages are more than 100 years old and have significant value in terms of their heritage. Based on research done and correspondence with the Camps Bay Rate Payers Association the property is protected as a heritage site under section 34 of the NHR Act as well as a Grade 3 (b) grading as per the Karin Strom survey."

Situated at the intersection of Camps Bay and Geneva Drive, the property enjoys prime locality to the Camps Bay beachfront as well as its CBD commercial area.

1-5 Geneva Drive is a freehold property that is a single erf improved with three separate dwelling cottages. The size of the erf is 887sqm and each cottage is approximately 85sqm. Cottages comprise of three bedrooms, outbuildings and a covered stoep.

13-19 Camps Bay Drive is also a freehold property that is a single erf improved with four separate dwellings. The stand is 707sqm and each cottage is approximately 70sqm. These are one bedroom cottages which include a covered stoep and staff quarters.

"As such, this beautiful property will appeal to a very specific type of buyer – a buyer that has an interest in heritage sites and has a passion for wanting to restore these historic homes to their original glory," says Faclier.

For more information contact Kim Faclier on 082 554 6295.

Article from property24.com