The Upper Kenilworth area has been one of the most stable and consistent on the Cape Town property market and any buy in this suburb has tended to be a good one, says Tanya Jovanovski, CEO of Rawson Auctions.
'We have,' she said, 'always found that properties sold here attract the shrewd, long term investors who know that rentals in this area are good and the type of tenant attracted to the precinct is reliable'
At 12 noon on 17th May Rawson Auctions will be auctioning a north-facing freehold duplex with 124m² of floor space in 8B Auburn Road, one of the best parts of Kenilworth.
Like many flats, it has some 50% more space than is found in most units being developed and sold today. It has a large living room with a bay window overlooking a small garden, a well fitted kitchen with under counter oven and built in hob and the installations for a dishwasher.
On the upper floor are three bedrooms, all with fitted cupboards. The main bedroom is en suite and there is, too, a second bathroom. The property has a lockup garage and ample parking and, unlike most new apartments sold today, is not subject to any levies nor has to comply with any homeowners association or house rules.
Jovanovski estimates that the apartment could attract a rental of R6 500 per month. She expects bidding to be around the R1,3 million mark.
Previewing, says Jovanovski, can be arranged.
For further information contact Tanya Jovanovski 082 411 9599 or Jason Lee 082 940 6605. Both can be telephoned at their office on 021 658 7100 or emailed via info@rawsonauctions.com.
