South Africa

Accessibly priced properties on BidX1 auction on 12 May

Due to convenience, buying property via online auction has become commonplace, says BidX1. 

MC Du Toit, CEO of Sales for BidX1 South Africa points out: “Many of us will buy a property just once or twice in our lifetimes but the ease and transparency of our online model makes what can be a stressful process far more user-friendly – and has made the platform popular with those who make more frequent investments: over 30% of those who bought a property in 2021 were repeat purchasers who had previously bought through our platform.”

“This is not surprising, particularly as in the current market there is considerable value to be had. For example, in our forthcoming auction on 12 May (2022), astute buyers will find opportunities to acquire properties to suit various requirements – from primary residences and business premises to leisure properties, starter homes and lock-up-and-go pads, as well as vacant plots in secure lifestyle estates and farms – all accessibly priced to sell.”

If you are looking for a luxury property in a prestigious address overlooking Table Mountain and the city, a six-bedroom home set on a 1 200sqm erf in Plattekloof, with easy access to the N1 in Cape Town’s Northern Suburbs is a ‘cherry-pick’ property, boasting 6.5 bathrooms, renovated kitchen and study and spacious living areas spread across three floors, including an indoor heated pool, indoor braai and entertainment area. Located in an elevated position bordering a nature reserve, and with an invited opening bid price of R8 million, the property includes a separate self-contained apartment on the ground floor, staff quarters, solar panel system and inverter, and allows residents to drive to the top floor along the side of the property. 

For those seeking an escape from city life, a vacant plot of 1.027ha in sought-after Kenton Eco-Estate in Kenton on Sea on the Sunshine Coast offers an opportunity to build a dream home. This 230ha estate with 2.1km of pristine beach frontage is located between Gqeberha and East London in the Eastern Cape, and the plot carries an invited opening bid price of R150 000. Meanwhile, buyers will get a rare opportunity to purchase a two-bedroom thatched house – with plans available for an additional dwelling – in the exclusive K’Shane Estate in the Hartbeespoort area close to Johannesburg and Pretoria in North West Province. The invited opening bid price is R1.2 million. 

In Willowmore in the Eastern Cape Karoo Midlands, a 1 000sqm smallholding in the World Heritage Site of Baviaanskloof has an invited opening bid price of just R75 000. Known for small stock farming and an abundance of bird and animal life and a popular tourist attraction, the Baviaanskloof Nature Reserve is the third largest protected area in South Africa. Another smallholding, just 19km from Bela Bela in Limpopo, approximately 100km from Pretoria, includes a neat five-bedroom home, swimming pool, braai and entertainment area, two boreholes, cattle camps and holding facilities, with 4ha of arable land under irrigation – all with an opening bid price of R1.8 million.

The perfect getaway or holiday spot, situated on the banks of the river between Klerksdorp and Potchefstroom in the Free State, is a 1.2ha farm with 80m of river frontage. The property includes several dwellings comprising two larger open plan two-bedroom houses, one small house and a small flat, among other buildings and numerous moveable items – as well as a mounted deck and jetty over the river for boating and fishing, boat ramp, thatched lapa with deck and firepit, vegetable/fruit tunnel, 10 pecan nut trees, irrigation and water tank. The invited opening bid price is R2.2 million.

Meanwhile, 3 886sqm of land ideal for development in Moorreesburg, centrally situated just off the N7 in the Swartland, in the Western Cape, about 100km north of Cape Town, goes on auction with an opening bid price of R600 000.

For lock-up-and-go convenience and a great investment opportunity, two two-bedroom apartments in The Square on 10th in Maitland, Cape Town each have a starting bid price of R650 000, while a number of starter homes can be had in areas such as Johannesburg South, Florida in Roodepoort and Mitchells Plain in Cape Town.

For those seeking a well-situated office premises, a 147sqm ground floor duplex with offices and boardroom in the mixed-use Prestige Business Park in Marconi Beam in Milnerton, Cape Town, with easy access to the N7 and N1, goes on auction with an opening bid price of R700 000.

For further information visit https://bidx1.com or telephone 021 140 3541.

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