Category Archives: Investments

Claremont’s Lizard Pool Bar venue under the hammer

An opportunity for the owner occupier or potential Claremont developer will fall under the hammer of the ClareMart Auction Group at their Multiple Commercial and Investment Property Auction at the One and Only Hotel, Waterfront on Wednesday, January 28 at 12:30.

12 Stegmann Road comprises a 256m² Mixed Use 2 single story property which is situated in the heart of Claremont’s CBD. “The venue is currently tenanted on a month to month basis and accommodates Lizards Pool Bar which is a popular student venue in the area” says Executive Auction Director, Mike Baigel.

Baigel believes the value in this opportunity could potentially be found by the entrepreneur wishing to cater to Claremont’s bustling nightlife or the developer who could possibly capitalise on the available bulk and location in the heart of the business district.

“Claremont is situated approximately six miles south of the City centre and is a popular commercial and residential area and continues to see significant growth and development and benefits from excellent shopping centres and commercial hubs as well as being on the main transport routes” adds Baigel.

12 Stegmann Road may be viewed on Tuesday, January 20 from 12 noon until 3pm and will be auctioned at the One and Only Hotel, Waterfront on Wednesday, January 28 at 12:30. For information contact Mike Baigel on 021 425 8822 or visit www.claremart.co.za

Potential for extra income or to work from home in Flamingo Vlei

A well-appointed family home in the popular Western Seaboard suburb of Flamingo Vlei will fall under the hammer of the ClareMart Auction Group onsite on Thursday, January 29 at 12 noon. “This spacious property offers many desirable features and offers the successful bidder the opportunity to potentially generate an additional income or work from home” says agent, Gareth Davidson.

76 Sparrow Crescent comprises a three bedroom main house with the main bedroom benefitting from an en-suite bathroom. “All three bedrooms are complimented by built in cupboards and there is a large family bathroom with a separate guest cloak room” says Davidson. The home boasts an open plan kitchen, dining room and living room which enjoys a sought after fireplace as well as cellar.

The home also offers an upstairs area with braai and a leafy suburban outlook. “The property is completed by an adjoining flatlet that has its own entrance and comprises a kitchen and living area, bathroom and sleeping recess” adds Davidson. The family will enjoy the large swimming pool and garden and for water usage there is a borehole. Flamingo Vlei offers access to the amenities of Table View, Blouberg and Milnerton and benefits from proximity to City and Northern Suburb arterials.

76 Sparrow Crescent will be on show on Sundays 18 and 25 January from 2pm to 5pm and will be auctioned onsite on Thursday, January 29 at 12 noon. For information contact Gareth Davidson on 021 425 8822 or visit www.claremart.co.za

Newly renovated designer Penlyn Estate pad sold

A recently renovated and fully refurbished modern designer home in the popular southern suburbs was sold for R2million including auction costs by the ClareMart Auction Group on-site on Thursday, November 27. “Penlyn Estate is a sought after address for those who wish to raise families in community centred environments and our Group has recorded high levels of ongoing success in recent times within the area and this current sale continues that trend” says Auctioneer, Garth Viljoen.

26 Arlington Road comprises four bedrooms with the main bedroom featuring an en-suite bathroom. “There are two additional family bathrooms and there is also a guest cloak room” says Viljoen. The lounge and dining area are open plan to the kitchen which benefits from a separate pantry. The living area also leads out on to a swimming pool and braai area which has been designed with privacy in mind.

“More features of this premier residence which contributed to the price achieved on the day include an upstairs balcony and a neat and contained back garden” says Viljoen.

“This ideal home ultimately presented the bidder with a family residence located in a high demand area near arterial roads, amenities and places of worship and as such proved highly desirable” adds Viljoen.

For information regarding upcoming auctions and available properties contact the ClareMart Auction Group on 021 425 8822 or visit www.claremart.co.za

Landmark Beezy Bailey Building on Buiten Street on the Block

A landmark and visionary architectural masterpiece which is affectionately known as the ‘Beezy Bailey Building’ will fall under the hammer of the ClareMart Auction Group during their Multiple Commercial and Investment Property Auction at the Radisson Hotel, Granger Bay on Tuesday, February 25 at 12:30.  

4 buiten

“This well-known property accommodates retail and entertainment tenants and offers the CBD investor an opportunity to acquire not only a piece of inner Cape Town real estate but also a functional monument to architectural art” says General Executive Director, Andrew Koch.

“The property described as a three storey sand castle, was a collaboration between Beezy Bailey and Koos Malagas who is known for the Owl House, Nieu-Bethesda.  Situated just off ever popular Long Street and its many eateries, businesses and backpackers, the property’s façade and gables are adorned with many fantastical sculptures and the overall feel  emulates the Spanish Artist, Antoni Gaudi as well as the mosques of Chad, Niger and the Sudan” says Koch.

4 Buiten Street boasts four tenants with dedicated followings in the heart of the Cape Town bohemian district. “There is a popular nightclub in the mix of tenants as well a sushi restaurant and a speciality tobacconist and body art studio” says Koch. Long Street and surrounds bustle with tourist and youth activity and there is ever present demand for property which can accommodate businesses which cater to those constant markets.

“We are certain that this well positioned and well known opportunity will attract the attentions of not only the CBD investor who wishes to acquire a tenanted property in the heart of Cape Town but will also undoubtedly capture the interest of the media and local art world” adds Koch.

4 Buiten Street may be viewed on Thursday, Feb 13 from 12 noon to 3pm and Wednesday, February 19 from 12 noon to 3pm. The auction will take place at the Radisson Hotel, Granger Bay on Tuesday, February 25 at 12:30 and for information contact Andrew Koch on 021 425 8822 or visit www.claremart.co.za

CAPTION:  4 Buiten Street, affectionately known as the ‘Beezy Bailey Building’, will fall under the hammer of the ClareMart Auction Group on February 25.