Category Archives: Auction Newsletter

Value to be had on residential and commercial properties

Value to be had on residential and commercial properties

In the current economic climate, there is significant value to be had on certain acquisitions – both residential and commercial, says MC du Toit, chief executive of auctions and sales for BidX1 South Africa, an online property trading platform. “While post election we are generally seeing increased confidence in the property market, right now there… Continue Reading

R20m reserve on plum property

R20m reserve on plum property

A hotel, events venue and conference centre in Benoni, just 15km from OR Tambo International Airport and 11km from Benoni central business district in Gauteng’s burgeoning East Rand will be sold on July 3 through BidX1, South Africa’s on-line property platform. The property is only 2.5km north of the urban areas of Benoni, which include… Continue Reading

Invest in some heavy metal

Invest in some heavy metal

Bidders Choice is having a large truck and plant auction. They are offering potential buyers refined premium stock of trucks, TLBs, front-end loaders, excavators and construction equipment. The auction will take place on Thursday at 11am at 6th Street, Rietkol AH, Sundra. The auction is not to be missed as it offers buyers the opportunity… Continue Reading

Office under the hammer

Office under the hammer

A sizeable, landmark commercial property strategically located with unobstructed road frontage onto the N1 in Midrand and with development potential is available for purchase on July 3 through BidX1, South Africa’s online property trading platform. Comprising a corporate HQ office and storage warehouse with a gross lettable area of 4 464m², with development potential for… Continue Reading

Exquisite Bassonia home

Exquisite Bassonia home

An “exquisitely designed, modern, eco-friendly” family home in Bassonia Rock, Johannesburg South, will be going under Park Village Auctions’ hammer on Tuesday, June 25. Says Jaco Du Toit, head of PVA’s property division: “From locality to function and aesthetics, a family will want for nothing in this ultra-luxury, three-bedroom home.” The property, number 16 Karee… Continue Reading

Strauss & Co branches out

Strauss & Co branches out

outh Africa’s premier art auction house, Strauss & Co, is diversifying its sales offering with the launch of two new live auctions at its Houghton premises in Johannesburg on Saturday. Saturday Live, which commences at 11am, offers collectors targeted access to mid-range artworks by established artists. Strauss & Co’s inaugural Fine Wine Auction, an innovative… Continue Reading

Three-day total closure auction

Three-day total closure auction

The first week of July will prove to be a very busy week for SA Auction, who are hosting the three day total closure auction of Amajuba Engineering in Volksrust. Amajuba Engineering was established in 1973, and was geared toward constructing bus bodies for Mercedes Benz. Registered under Mibco, and a member of Seifsa, as… Continue Reading

More choices at vehicle auctions

More choices at vehicle auctions

Following months of lower-than-expected vehicle sales, the industry has once again returned to positive growth with April figures released by National Association of Automobile Manufacturers of South Africa [Naamsa] showing that 266 more units were sold during the month compared to the previous year. This is good news according to vehicle auctioneer Roy Lazarus of… Continue Reading

Variety of quality auctions

Variety of quality auctions

Van’s Auctioneers will host a number of auctions during next week and before the June school holidays. Buyers should be on the lookout for these quality assets that will come under the hammer. On Tuesday, at 11am a property that is used as the well-known Alpha Hardware Centre in Fochville will be offered. All the… Continue Reading

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