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South Africa

Diverse range of properties on BidX1 South Africa's next online auction

A diverse array of residential and commercial properties with lucrative investment potential are available to purchase on BidX1 South Africa’s next online auction on 6 November 2019.

“These incorporate a good selection of properties which include private sales, bank sales, liquidations/insolvencies and some commercial properties which are set to attract the interest of savvy buyers who realise the time to buy is now,” says MC du Toit, CEO of BidX1 South Africa.

“Certainly, judging by the increasing activity and number of bidders on our site, confidence in auction property acquisitions is on the rise.

“Some of the highlights on this next auction are prime residential properties in Bryanston, Dunkeld and Parktown in Johannesburg, while on the commercial side there are a number of very good buys, such as a very well located 13.6ha development site in Erasmia in Centurion."

The four-bedroom, four-bathroom house in Bryanston is within a newly-built cluster, with easy access to Sandton and good schools and has an opening bid of R2.1 million, while the five-bedroom, three-bathroom home in the upmarket suburb of Dunkeld West has an opening bid of R4.5 million. With a reserve price of R2.8 million and an opening bid of R2.5 million, the four-bedroom, three-bathroom Parktown property is also ideally located close to major shopping centres.

“In addition, an interesting investment opportunity has presented itself with nine fully-tenanted two and one-bedroom apartments in a low maintenance, face brick complex in Eastleigh Ridge in Edenvale, Johannesburg East, listed with a reserve price of R5 million and an opening bid of R4.5 million. The property is well positioned halfway between OR Tambo International Airport and Johannesburg central, 12km from Sandton and 9km from the nearest Gautrain Station,” adds du Toit.

In the sought-after suburb of Fresnaye in Cape Town, close to all the local attractions such as the V&A Waterfront, Sea Point Promenade, Clifton, Camps Bay and CBD, an ultra-luxurious triplex penthouse is being sold fully furnished with a reserve price of R16.45 million and an opening bid of R14.5 million. The unit comprises three floors with a direct lift entrance to the middle floor and with 24/7 security personnel on site. There are also three secure undercover parking bays and a store room.

In KwaZulu-Natal, several properties on auction include a three-bedroom home in upmarket Zimbali Coastal Resort and Estate in the Ballito area on the North Coast, just 30 minutes from central Durban, as well as homes in Kingsburgh just south of Durban, and a house in Verulam, plus a spacious 5121sqm erf in Ramsgate further down the South Coast, only 1km from the beach.

Other notable properties are a rustic bush cottage and loft in Marloth Park Wildlife Sanctuary right next to Kruger National Park; a private game farm in a Heritage Reserve in Waterval-Boven in Mpumalanga, 25km south-east of Machadodorp in the Drakensberg escarpment and a three hour drive from Johannesburg and Pretoria; a six-bedroom home in a suburb called Liefde en Vrede in Johannesburg South; and a fully equipped guest farm in Montagu on Route 62 in the heart of the Klein Karoo. Other properties in regions around the country include homes in appealing settings such as Jeffreys Bay and Port Alfred on the Eastern Cape coastline.

BidX1 South Africa’s next online auction takes place on 6 November 2019.


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