Fierce Bidding for Luxury Voelklip beach holiday villa of the late Herman Pretorius

The luxury Voelklip frontline beach holiday villa of the late Herman Pretorius, infamous for his involvement in the investment schemes which saw many South Africans losing millions of Rands, was sold for and inclusive R17.85million by the ClareMart Auction Group on site in Hermanus on April 12.

“Our Group received joint instruction by Mr C F Bester of Progressive Administration and Ms S A M Daneel of Independent Corporate Recovery Advisors, to proceed to auction with this premier sea front designer home and all of its luxurious and décor appointed contents and the record crowd and highly competitive bidding on the day bears testimony to not only the notoriety of the previous owner but also the unique and desirable appeal of the home” says Group Chief Executive Officer, Jonathan Smiedt who conducted the auction.
“We had an unexpected turn out of over two hundred members of the public attending the auction as well as media journalists from various publications, one of whom described the event as having a pleasant and festive atmosphere. The bidding on the home was exceptionally fierce and saw five separate bidders competing heavily for the designer property and its contents with three of the bidders only entering the fray after the R10million mark was met” says Smiedt. The price achieved on the home reflects the demand for the custom designed holiday residence of exemplary taste and which located in arguably one of the most sought after beach locations in the country.
The home together with certain items if exemplary furniture, collectibles, modern appliances and apparel was sold as one lot to a South African buyer who is living abroad. The Group then presented a vacant erf across the street which also belonged to Pretorius and which was sold up for R863,840 by the adjacent neighbour who wishes to extend the size of his property.
The sumptuous seaside home at 79 Tenth Street comprised a main house and cottage situated on a spacious 992m2 erf. The main house boasted three en-suite bedrooms, with access to the outdoor areas. The double volume open living area offered a lounge and dining area as well as a kitchen with scullery. There was also a designated dining room for in-door braaiing and entertaining as well as a lounge and dining area with fireplace. The home also offered outdoor decking, verandas and a pool with superb Mountain views. The guest house comprised two inter-leading bedrooms, a bathroom and a lounge with kitchenette as well as a private sunny courtyard.

The vacant erf situated across the street at 80 Tenth Street, comprised 495m2 and was prime for the development of another holiday maison in sought after Voelklip. “We expected this site to attract interest in its own right however we did not expect the outcome which was of the owner of the neighbouring home to snap it up on the day” adds Smiedt.

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