BREATH-TAKING COASTAL PROPERTY TO BE SOLD

South Africa's leading asset sales and services company, Alliance Group, is
excited to announce the upcoming auction of a key prime property on the
Garden Route the site of the old Brenton-on-Sea Hotel. Brenton-on-Sea is a
hidden and unspoilt coastal treasure with beautiful open beaches and
magnificent vistas in one of the world's most stunning natural locations. A
mere five kilometres from Knysna, this is a nature lover's paradise  and a
very rare property find. The Alliance Group is auctioning almost 10,000m2 of
one of the most sought-after coastal development real estates.

This site is that of the old Brenton-On-Sea Hotel which burnt down around
five years ago. It is now one of the finest, if not the finest, boutique
hotel positions in South Africa. The naturally beautiful location and views
of the ocean are simply breathtaking. Various parties have been interested
in purchasing it and have previously submitted offers, indicating the
desirability of the property. The erf size is 9,189m² and permitted coverage
is 40% (3676m²) and four storeys. The land has residential 5 (Hotel) zoning.

Ish Hendricks of the Alliance Group adds: The fact that the property is in
liquidation has revived great interest and there is huge demand for it. We
are expecting a bumper auction, to be held at the exclusive Pezula Hotel.
This is a once-in-a-lifetime invitation to purchase the Cape's best kept
secret.

Auction date: Wednesday, 9 July @ 12pm
Auction venue: Pezula Resort Hotel & Spa, Lagoon View Drive, Eastern Head,
Knysna
Property Address: Agapanthus Avenue, Old Brenton-on-Sea
 
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