Located at 137 Walton Road, Holding 137 measures just over 2,3ha and will be auctioned on site at 11am.

PVA’s Jaco Du Toit says the grounds and buildings have seen better days but could be revitalised or redeveloped  by the right buyer.

The property features a number of buildings, the main one of which is a double-storey house comprising a master bedroom with walk-through dresser and en-suite bathroom, two family bedrooms, a family bathroom, a kitchen and scullery, a lounge with fireplace, a study nook, a guest cloak room and an entertainment room with built-in bar on the ground floor. A timber staircase leads to the upper floor which features two additional bedrooms.

A smaller house comprising a lounge with fireplace, two bedrooms, an en-suite bathroom, a study, a kitchen, double garage and domestic accommodation is located on the property alongside one and two-bedroom flats and an undercover swimming pool.

Notes Du Toit: “Kyalami is  regarded as a well-heeled suburb and property in the area is sought-after by aspirant buyers who know they can get a good return on their investment. So despite the fact that  the property needs work, Holding 137 will be perceived to represent excellent value for money given its location and we expect to see a good turnout  on the 23rd.