The prevailing low interest rates, coupled with sound investment opportunities which offer value for home and commercial property buyers, pure investors and developers alike, augur well for BidX1 SA’s forthcoming online auction on 18 February 2021.
Says MC du Toit, CEO of BidX1 South Africa: “There is a good selection of interesting properties in the catalogue, with a couple of apartment buildings that hold high appeal for investors seeking a steady monthly income stream. With an opening bid price of R10 million, the first of these is Protea Hof in Parow Valley, Cape Town, comprising 23 fully let units plus parking, well situated close to all amenities such as schools, shopping centres, sports facilities and restaurants. Generating substantial monthly income, the units consist of six bachelor, nine one-bedroom and eight two-bedroom apartments, all fitted with prepaid electricity meters.
“Also in Cape Town, and with an opening bid price of R2.5 million, the second apartment investment opportunity is also well positioned, being in Goodwood, just off Voortrekker Road, close to Vasco Boulevard, transport routes and N1 City Mall, comprising four two-bedroom apartments, each with prepaid electricity meters.”
A number of residential properties ideal for comfortable family living are on offer, such as a three-bedroom home in Parow Valley, Cape Town, close to schools and all amenities and on offer with an opening bid price of R500 000, and a spacious three-bedroom home (all en suite) with double volume entrance in sought-after Zevenwacht Country Estate adjacent to Zevenwacht Wine Estate on the Stellenbosch Wine Route. With spectacular views over the farm and dams to Table Mountain, Strand and the Northern Suburbs, and hiking and mountain biking trails on the doorstep, this home has an opening bid price of R2 million.
Other residential properties on the BidX1 online auction include a prime lakefront family home in Westlake Country and Safari Estate in Hartbeespoort in North West Province, with an opening bid price of R2.5 million; a three-bedroom home on Falcon Ridge, Vereeniging on offer with an opening bid price of R850 000; as well as other appealing homes in Springs in Gauteng; Klerksdorp; and upmarket Uvongo on the KwaZulu-Natal south coast.
Vacant land to build your dream home is also available to purchase in Sandy Point Estate in tranquil St Helena Bay Estate on the Cape’s West Coast and in Bushmans River Estate close to Port Alfred and Kenton-on-Sea – with opening bid prices of R180 000 and R80 000 respectively. Ripe for development are 22 ideally located vacant stands close to town in Kolgansbaai security village in scenic Gansbaai in the Western Cape. Ranging in size from 600-680sqm and either seafront, sea-facing or mountain-facing, the opening bid price is R2.2 million.
Adds du Toit: “Worthy of consideration is a well-located 8 565sqm commercial property with two offices in Midrand, offering easy access to the N1 freeway, Old Pretoria Road and Olifantsfontein Road with an opening bid price of R1 million, as well as 3 983sqm of Gb4 zoned land just off the R300 highway with high exposure to passing traffic in Blue Downs, Cape Town which is ideal for development – with an opening bid price of R2.5 million. Meanwhile in Touws River in the Western Cape, a 210ha fully operational table grape farm is on offer with an opening bid price of R4.5 million. This farm offers a variety of opportunities with grounds prepared for lucerne and teff as well as livestock and game. Very well located with ample, good quality water, this farm represents a very good and rare opportunity.”
For further information visit https://bidx1.com or telephone 021 140 3541.