Alliance Group presents a rare opportunity in Bantry Bay

South Africa's leading asset sales and services company, the Alliance Group
is renowned for getting their hands on the most sought after property in
South Africa, and this rare gem in Bantry Bay is unquestionable proof.

21 Victoria Road represents an outstanding opportunity to acquire property
in one of the most desirable addresses in South Africa.

Situated in the heart of the affluent suburb of Bantry Bay, this property
sits astride a generous 625m2 plot. This unique property is centrally
positioned in a wind free location and within walking distance to Saunders
Beach.

The property also enjoys close proximity to all major amenities including
the Sea Point promenade and the exclusive suburbs of Clifton and Camps Bay.

The dwelling is a double storey abode and comprises the following: an
entrance hall, guest bathroom, living area, dining area, courtyard and patio
area, three large bedrooms with built in cupboards and high ceilings, a main
bedroom en-suite with dressing room and air con, study, two bathrooms with
under floor heating, fully fitted kitchen and breakfast room, laundry
facilities and full domestic quarters above the four car garage.

The entire property is in excellent condition and all rooms are generously
proportioned. All modern conveniences have been included without
compromising the property's stylish colonial appeal.

Jarred Gottschalk of the Alliance Group says: "These types of property
investment opportunities, especially in Bantry Bay, are few and far between.
We are expecting a huge turnout at the auction with overseas interest
already running high."

At present the property is being utilised for residential purposes.

Lease details: The current lease expires on 30 August 2008.

Monthly rental income: R16 500.

The stand is zoned General Residential R3 which allows the following uses as
of right and additional uses with the required consent from council:

Block of flats

Double dwelling houses

Groups of dwelling houses

Places of worship

Place of instruction

Viewing: 13th April from 2-5pm

Auction: Friday 18th April, 21 Victoria Road, Bantry Bay at 11h00

Contact: Jared Gottschalk on 072 249 9143

Email: <mailto:Jgottschalk@alliancegroup.co.za>
Jgottschalk@alliancegroup.co.za

The property is sold with a reserve
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