#1 • #1 • Seaside Property - Oceanway - Gonubie

Part of Gonubie Seaside Executive Home (timed auction by Auction Station)

High bid R4,675,000.00

Status: No sale

Gonubie | Eastern Cape 2 x. Lots - 1. Executive Home + 2. Family Home Exclusive Online Auction Own the Ocean: A Once-in-a-Lifetime Coastal Estate in Gonubie One of only four properties in Gonubie with direct beachfront ownership — and the only one where the beach itself is part of your title. Welcome to a coastal sanctuary unlike any other. Tucked between the Indian Ocean and a meandering river with a natural waterfall feature, this iconic estate offers a lifestyle of unmatched privacy, grandeur, and natural beauty. Designed for legacy living, this is more than a home — it’s a landmark. Unrivalled Location & Natural Beauty Title includes a slice of the actual beach — a rarity almost unheard of in South Africa River wraps around the rear of the property, creating a tranquil waterfall effect A private bridge leads to a greenbelt zone with a separate road entrance and 100-year municipal lease — ideal for eco-cabins. Hollywood-Style Arrival & Grand Design Sweeping driveway leads to a circular arrival court, evoking classic Hollywood estates Expansive single-level home with double-storey-ready foundations and walls All bedrooms open onto an enclosed sea-facing patio and lush level lawn Flexible Living Spaces Main wing: 3 bedrooms, including a luxurious main suite with walk-in closet and full ensuite Guest wing: 2-bedroom suite with private kitchen and bathroom — ideal as a flatlet or guest quarters Additional separate 1-bedroom flat with lounge, bathroom, and deck overlooking the river Entertainer’s Dream Multiple lounges: formal, TV, and sunroom — all flowing toward the pool and braai area Grand dining room adjacent to kitchen Seamless indoor-outdoor living with panoramic ocean views from nearly every room Infrastructure & Extras 2 x double garages, 1 single garage, 3 workshops/storerooms Water tanks, Lister generator, 2 wooden sheds Zoned for expansion and ideal for multi-generational living or boutique hospitality Auction Range: R4.5M – R5.5M Bank Valuation: R8M — a rare opportunity to secure a generational asset well below market value. Special Conditions: - The subject property is currently held in a CC which if required, may require the conveyancer to amend this agreement should the purchaser agree to taking over the CC.  -Should the parties agree to separate the currently shared entrance between the subject property and the neighbouring property at No. 8 South End Avenue, both purchasers agree to contribute equally to the cost of constructing the new boundary wall. Each property owner will be responsible for the construction of their own driveway and any dedicated gate entrance required.Notwithstanding the above, both parties may mutually agree to maintain a shared main entrance with double security, and may further agree that each individual driveway be fitted with electrified gates.