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Wednesday Jul 02, 2014

Historic Observatory church on auction

In the last 50 years Cape Town has seen a surprisingly large number of church, synagogue and other places of worship being sold and put to use in novel ways - and it is fascinating to speculate what the future of the latest such building to come up for sale might be.

The church building in Lower Main Road Observatory.

On Wednesday 23rd July Rawson Auctions Western Cape will be auctioning a 500 m2 church building cum hall in Lower Main Road, Observatory. This building was formerly rented by the Pentecostal Mission Church.

The building, which is designed in a mock Gothic style with turrets and castellated street facing profiles (almost as if it was built to withstand assault by bowmen and battering rams), can seat 150 to 200 people and has a stage, a vestry, a lobby, an auditorium, a child minding room, a kitchen, toilets and a verandah.

The auction will take place at 222 Main Road, Rondebosch, the Rawson Property Group's head office, at 12 noon on the date mentioned above and will be subject to the usual Rawson Auctions' conditions: a 5% deposit on the sale price as well as a 10% auctioneer's fee must be paid on the fall of the hammer. In addition, all bidders must be able to produce ID documents and proof of residence in South Africa.

Jovanovski said that the building is unlikely to be worth less than R3,5 million and could fetch double that price. She expects bidding to begin at the lower figure.

"It has been recognized that these early and mid-20th Century Cape buildings were erected in the days when artisans did long thorough apprenticeships and produced quality work. This will become very evident to anyone inspecting this building," she said.

"On a site as valuable as this," she said, "there are endless uses to which an enterprising purchaser could resort."

No tenants lease will be in place when the building comes up for auction.

Rawson Auctions Press Release


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