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High value to be had ahead of BidX1 digital sale in South Africa

BidX1 South Africa has launched its latest sales catalogue, offering a strong line-up of high value lots ahead of its second digital auction on Wednesday 3rd July.

The July catalogue offers 52 assets and comprises a range of appealing residential properties as well as a number of commercial listings, including two well-located developments in Gauteng near Johannesburg suitable for owner-occupiers or investors. 

Among the highly desirable residential properties on offer is Lot 9, a five-bedroom, six-bathroom luxury mansion located in the exclusive Eagle Canyon Golf Estate in Johannesburg, one of the most sought-after golf residences in South Africa.  With a cinema room, pool, jacuzzi, separate guest suite, staff accommodation and views over the fairway, the property is listed with a reserve price of R12.5 million (£671,000).

Also going under the digital hammer on 3rd July is Lot 14, an exclusive property located in upmarket Silver Lakes Golf Estate, Pretoria.  Overlooking the local game reserve and with its own private boma – or animal enclosure - this four-bedroom, four-bathroom house benefits from exceptional finishes throughout.  Game roam freely across the estate and the property’s indigenous garden is often visited by antelope and zebra. The property has an opening bid of R7.5 million (£402,400).

Two other properties of note are Lot 5; a four-bedroom, three-bathroom house in the Cape Winelands, close to Cape Town, with mountains views and listed with an opening bid of R4.2 million (£225,300); and Lot 2; a three-bedroom, two-bathroom designer home in popular Craighall with easy access to all major hubs and an opening bid set at R3.85 million (£207,000).

MC du Toit, CEO of Auctions and Sales for BidX1 South Africa was confident that in the current economic climate, there were good deals to be had. 

“While post-election we are generally seeing increased confidence in the property market, right now there is still value in good, solid investments across all sectors, whether it be residential, office, retail or industrial.

“Value in such properties is suitable for investors and end users in areas around the country, including popular hubs and major centres in locations where we are currently offering good buying opportunities.”


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