Latest Auctions News
Buying property at an auction does not necessarily guarantee that you'll get a better deal. This is the sentiment of Skoko Sebola, Principal at Leapfrog Midrand, who shares that they are getting more enquiries about whether purchasing property at an auction is the way to bagging a bargain.
More than half a dozen "recession-resistant" investment properties comprising a selection of neighbourhood and community retail shopping precincts are set to go under the hammer in September.
Tenders are being invited until noon on August 28 by Home and Hectare for a prime property in the Stellenbosch winelands, the Eaglevlei Wine Estate, which is under business rescue.
Covid-19 has forever changed the traditional live auction model, forcing a "new normal" digital standard on the industry, if it wants to remain profitable and relevant, the SA Institute of Auctioneers has been told.
AMONG the lots for Ian Wyles Auctioneers's next multi-property auction is a stylish Victorian-styled residence, now used as offices, on the corner of Cowey and Gladys Mazibuko roads, adjacent to Cowey Park Shopping Centre in the Essenwood business district. The auction will take place on July 7 at 11am as an online, live Zoom disposal.