Five sectional-title residential apartments in three secure housing complexes in Midrand will be auctioned by Park Village Auctions (PVA) on Wednesday October 31.
PVA’s Jaco du Toit says the properties represent an excellent opportunity for investment buyers. He added: “As more businesses are establishing offices in Midrand [due to its centrality between Johannesburg and Pretoria], hordes of young professionals are following suit and trying to find suitable rental options and starter homes.
“I have no doubt these apartments will sell fast.”
The auction will start at 11am with the sale of unit Nos 141 and 341 at Hill of Good Hope II, located on Springfield Road in Errand Gardens.
These upper-level apartments each feature an openplan kitchen and lounge, two bedrooms, a family bathroom and a small balcony, with one allocated shade-covered parking space. The units measure 74m² and 26m² respectively.
Hill of Good Hope II amenities include a swimming pool, a tennis court and communal braai facilities.
At 12.30pm, a large family townhouse located in the Hill of Good Hope I, also on Springfield Road, will go under the hammer.
Unit No 147 comprises, on the lower level, an entrance foyer and passage, a guest cloakroom, an open-plan lounge, dining room and kitchen. The lounge leads to a patio that opens on to a private walled garden. The upper level comprises three bedrooms, two bathrooms (one en-suite) and a balcony. The unit further includes a double garage and measures 359m² in total.
At 2pm, two units – Nos 317 and 320 – in Phoenix Regent Estate II on Platberg Street, Noordwyk Ext 97 will be sold. Both are located on the first floor and comprise an openplan kitchen and lounge, two bedrooms, a family bathroom, small balcony and have one allocated shaded parking space each. They measure 74m² and 76m² respectively.
Phoenix Regent Estate has a swimming pool, a tennis court and communal braai facilities.
When and where
- The properties can be viewed one hour before the start of each auction.
- Interested parties who would like to find more information can call Park Village Auctions on 087-160-052.
- For more information contact Park Village Auctions on 011-789-4375 or go to parkvillageauctions.co.za