Auction News

Feb 14
Extraordinary Investment Property on the Block

An apartment within the Pearls of Umhlanga hailed as “The most prestigious address inKwa-Zulu Natal” will go under Park Village Auctions’ hammer near month-end.For years, “the Pearls” has been a notable icon of the Durban Skyline. Its apartments andpenthouses remain highly sought-after, beckoning affluent buyers worldwide.PVA is bringing to market unit Number 526, Pearl Dawn […]

Feb 08
Investment Opportunity: Serviced Executive Long-Stay Accommodation

Corporates with executive long-stay requirements are in for a treat as a sub-dividedSectional Title unit in Bedfordview’s exclusive The Nicol Hotel comes to market. That’s theword from Park Village Auctions’ Clive Lazarus, who says the serviced apartments“epitomise convenience.”Number 44, The Nicol Hotel & Conference Centre, located at 41A Nicol Road, Bedfordview,is subdivided into two lettable […]

Feb 05
Bosasa Head Office Auction Fetches 30-Bar

Blink, and you might have missed it. In a few brisk minutes, the BOSASA, now knownas African Global Operations (AGO), Smart Global Campus and movable assetsfetched just under R30 million.Head Auctioneer Clive Lazarus of Park Village Auctions, working with BiddersChoice, says that the proceedings, which commenced at 11 am on Friday the 2 nd ofFebruary, […]

Jan 31
Limpopo Sawn Pine Timber Operation to be sold as a Going Concern

A prominent Limpopo-based operator in sawn pine products, Shefeera Timbers, nowin Business Rescue, will be sold as a going concern. That’s the news from ParkVillage Auctions’ Clive Lazarus, who says the sale represents an excellentopportunity for investors.Lazarus: “Most businesses sold under the banner of business rescue simply need acapital injection to continue operating—enabling investors to […]

Jan 23
Six-Bedroom Hyde Park Home on the Block

Park Village Auctions has described their latest auction property as a “Hyde Parkmust-have” thanks to its central location in one of Sandton’s most sought-aftersuburbs.The spacious family home is located at number 102 Sixth Road, in the heart of HydePark, amid numerous world-class amenities. “With proximity to Sandton Central,Ilovo, Melrose Arch, Dunkeld, Hyde Park Corner, Craighall […]