29 August, 2015

Low-maintenance holiday home on offer in urgent insolvency auction

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Low-maintenance holiday home on offer in urgent insolvency auction

 

A holiday home in the popular coastal retreat of Witsand in the Cape Overberg will be offered in an urgent insolvency auction to be conducted by the Michael James Organisation on Wednesday, 2 September.

Situated on St Sebastian’s Bay at the mouth of the Breede River, Witsand has four kilometres of sandy white beaches – from which its name derives - and offers views across the river estuary across the bay, says Samantha James of Michael James Organisation.

“Many have come to regard thevillage as anideal location for family vacations, and the home on offer has the added benefit of being on the river and also very close to the beach.”

The estuary is a safe spot for swimming and popular for angling, she adds. “The area also attracts holidaymakers who enjoy water sports such as windsurfing, deep-sea fishing, snorkelling and spear fishing. 

“In addition, the bay is renowned as a ‘nursery’ for Southern Right Whales which arrive there in large numbers to calve every year.”

James adds that Witsand’s “newfound” popularity has resulted in “a huge increase” in property sales in recent years.

The low-maintenance home on offer is located on a stand measuring 883m², and comprises three bedrooms, three bathrooms, an open-plan living area with fireplace, and an undercover patio with built-in braai, she says.

She adds that the home – which she describes as “a coastal gem” - will be easy to maintain as it is built of facebrick and has exterior stone features that can withstand the salt in the coastal air.

Stone features are also found inside the home, creating a unique ambiance, and there are clay tiles throughout, she says.

Erf 879, Le Riviere, Main Road, Witsand, will go under the Michael James hammer on site at 11.15am on Wednesday, 2 September. The property can be viewed between 2pm and 4pm on Saturday, 29 August.

The terms of the auction include payment of a 10 percent deposit on the fall of the hammer, with the balance payable on transfer. “The purchaser will be liable for all outstanding municipal accounts in respect of the property,” says James.

Further details are available on www.michaeljames.co.za, reference 1725.

For more information, contact Paula Voges at the Michael James Organisation offices on 021 851 7007.