SA’s largest private residence to fall under the hammer

A private residential home situated in Claudius, an extension of Laudium, close to Pretoria, measuring in excess of 2 200 square meters under roof, will fall under the Stonehenge Auctions hammer on 25 March at 14h00. 

Danny Moss, managing director of the auction group, says that this is the largest and most expensive private residence to go on auction in South Africa.

Valued at more than R65-million and set on a 4 000 square meters stand, this home which features six bedroom suites, lavish living spaces and top quality finishes is featured by Homes of the Rich, one of the most popular luxury real estate blogs on the web.

Moss says it’s easy to see why the replacement value of this home is in excess of R100-million. “Aside from the sheer size of the home which features facilities such as an indoor swimming pool, billiard room and in-house movie theatre that can seat 20 people, the top-of-the-line finishes including marble, granite and imported Italian wooden floors add to its value.”

Designed by Nico van der Meulen architects, this award-winning home also features six living areas, a fully equipped gym with a sauna and Jacuzzi as well as a prayer room that features a dome inspired by the one at Mecca as well as prayers inscribed into the walls.

Perfectly suited to large scale, luxurious entertaining, this home is equipped with a gourmet kitchen and features Juliette balconies overlooking the double volume formal lounge and dining room, which have been used to house musicians who entertained guests on the level below.

Spread over three stories, the home includes a lift from the movie theatre on the ground level, to the kitchen on the first floor and the main bedroom suite on the second floor. There is also a guardhouse fitted with bulletproof glass as well as all the security measures one would expect from this kind of property such as high walls, electric fencing, beams and a sophisticated alarm system.

Other features include a massage room, a home office, four double garages, a gazebo that can accommodate 50 people, a central heating/cooling system, a piped music system that allows different music to be played in each room as well as a generator to power the house.

Staff accommodation is in the form of a three-bedroom apartment that includes two bathrooms, a lounge and a kitchen.

Moss notes that the furniture in this 10 year old home, which carries an insurance value of R25 million and includes some hand-crafted Italian furniture and Persian carpets, will also be up for auction on the day.

The property, which is being auctioned as the owner is relocating, is ideally suited to corporates for use as a head office residence due to its central location close to Pretoria, Midrand and the highway, according to Moss, who says they have had a lot of interest from corporate investors. “This property is also well suited to buyers looking for an opulent private residence or wealthy investors who are looking to convert the property into a boutique hotel or guest house, provided the necessary rights can be obtained.”

An entry fee of R100 will be charged per person for access to the home on the viewing days which will be held on 15, 22, 23 and 24 March. This fee will be donated to the Wingz of Change initiative, which is aimed at helping those in need of assistance.

Bidders will be required to pay a R50 000 deposit to participate in the auction, with a 10% deposit required by the successful bidder on the fall of the hammer.

Moss believes that an auction is the best sales method for this property as it only attracts serious buyers due to the financial requirements. “Auctions are lower risk as they have no conditions. There is also less likelihood of the sale falling through due to lack of affordability,” Moss concludes.

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