Areas and Places

Noordhoek auction sale could benefit from the increased popularity of the whole precinct

A front view of the four bedroom, double story home at San Michel, Noordhoek.

Focusing once again on Cape Peninsula residential properties south of Ou Kaapse Weg, an area described by Bill Rawson, Chairman of the Rawson Property Group, last year as having unlimited potential for value growth, Rawson Auctions Western Cape have secured the mandate for a four bedroom, double storey home at San Michel, Noordhoek.

The property will be coming up for auction at 12 noon on 28th January at 222 Main Road, Rondebosch, the Rawson Property Group’s head office. The reserve price has been set at R3 million.

The home, says Megan Ross, one of two Rawson Auctions brokers handling this property (the other is Shaun Roodt), benefits from being on an 848 m2 site and on comparatively high ground. From its upper level, it offers views of the beach and the encircling mountains and is always assured of privacy as it is in a quiet cul-de-sac.

Apart from the home’s four bedrooms, it has a large play area or office space (which could be used as a fifth bedroom) and an open-plan kitchen (with a six plate gas stove) cum living room and dining room. The communal areas have louvered shutters and a Morso fireplace.

A deck overlooking the swimming pool provides ample space for outdoor entertaining and is partially linked to a double garage with automated controls and an automated boundary gate. The well-established garden has vegetables and a chicken run.

Tanya Jovanovski, franchisee for Rawson Auctions in the Western Cape, says that the Rawson Property Group’s Fish Hoek office which serves this territory reported recently that there has been a 50% increase in Noordhoek residential property values in the last three years.

“It does seem clear,” says Jovanovski, “that this area is now in demand. The reopening of Chapmans Peak Drive some time ago and the great popularity of the Cape Point Vineyard and the Noordhoek Farm Village, which has just had its busiest December ever, have helped make Noordhoek highly sought after.”

It is not always realized, says Jovanovski, that in off-peak hours the trip to the city via Ou Kaapse Weg can be done in half an hour.

Rawson Auctions’ terms and conditions include clauses to the effect that a 5% deposit on the purchase price must be paid on the fall of the hammer as well as a 10% commission plus VAT to Rawson Auctions themselves. In terms of the Consumer Protection Act, all bidders are required to register and to bring with them certified copies of their identity documents and proof of residence in South Africa.