Rare plot in Clifton set to go under the hammer

·25 Mar 2019

An elevated plot in Clifton on the Cape’s Atlantic Seaboard – one of the last vacant plots available – will go under the hammer next month (April 10) through online property auction site BidX1.

The property is one of over 70 properties which come under the virtual hammer at BidX1 South Africa’s first online auction.

“With sweeping views across Clifton and the ocean, this prime elevated 455sqm site includes architecturally designed plans available for the successful, registered bidder,” said MC duToit, CEO, auctions & sales for BidX1.

Clifton is among the most expensive areas in the country when it comes to property. The average estimated value for a home in Clifton now stands at R19.2 million, according to data from Property24.

And according to the Africa Wealth Report for 2018, published by AfrAsia Bank and New World Wealth, property prices per square metre for Bantry Bay and Clifton is the most expensive in South Africa, at around R86,500, while Nettleton Road remains the poshest address in the country.

Other prized properties in the Western Cape which are expected to see competitive bidding are a four-bedroom, four-bathroom house in upmarket Benguela Cove Estate, a secure, private wine estate positioned between Kleinmond and Hermanus. With panoramic views over the Botrivier Lagoon and Kogelberg Mountains, this home is set on an erf of 2,037sqm.

In Somerset West, some 55km south-east of Cape Town in the Boland Winelands region a five-bedroom, five-bathroom home with one-bedroom garden cottage, outside braai area, patio and pool is another prime property coming under the virtual hammer.

Accessed off the N2 via the M9 onto Old Sir Lowry Pass Road, it is located on an equestrian estate within easy reach of a broad range of shops, restaurants and other amenities in Somerset West as well as nearby Gordon’s Bay.