Clive Lazarus, head auctioneer, says that the sales represent a favourable opportunity for investors to add luxury lifestyle options to their portfolios.
The first property to be sold is number 58 Glacier Drive, located in Midstream Hill—an established estate within greater Midstream.
The home is a large, five-bedroom, double-storey with an entrance foyer, guest cloakroom, a study, a lounge, a dining room, a kitchen with a pantry and scullery, a pyjama lounge, four bathrooms, patios and balconies, a basement-level entertainment lounge, garaging for four vehicles, and a swimming pool. The property spans an impressive 2000 square metres.
Clive: “This family home offers abundant space in a sought-after estate. Midstream has a reputation for providing excellent security with proximity to schools, shopping centres and recreational facilities.”
Following this, the second property on the block is an apartment in the highly-coveted Regency Apartment Hotel in Pretoria.
Unit number 63 is an 80sqm apartment comprising an open plan lounge, dining room and kitchen; two en-suite bedrooms, a balcony, and two exclusive parking bays in the basement-level parking.
The Regency is famed as an ultramodern development boasting sectional title units and a fully-serviced hotel. Located within walking distance of Menlyn shopping centre, the Regency offers easy access to world-class amenities and the N1 Highway.
Both properties will be sold via webcast auction on the 8th of September, starting with 58 Glacier Drive, Midstream at 11 am and followed by Unit 63 of the Regency at 1 pm.
