South Africa

Exciting opportunities for buyers at BidX1’s 18 February online property auction

With online auction property transactions increasingly the norm, and with low interest rates spurring on home buyers and investors alike, interest is building for BidX1’s next online auction on 18 February (2021), says MC du Toit, CEO of BidX1 South Africa.

“Bidder numbers at our user-friendly online auctions in South Africa increased by 250% last year, and with the rising popularity of FinTech, coupled with a growing demand for a more modern, transparent approach to property sales, we expect this trend to continue and increase exponentially during 2021.

“Our latest catalogue of properties presents a range of interesting opportunities around the country, from the Western Cape, Eastern Cape and North West province to Gauteng and the Free State, including entire residential apartment buildings ideal for investors; individual apartments and houses; vacant land for commercial, residential or mixed-use development; commercial property with existing offices; and even a fully operational table grape farm.”

With asking prices that cater for a range of budgets, one of the highlights of the forthcoming auction is a prime located vacant site of 4 191sqm with development potential situated on the urban edge in Bay View Drive in Bay Heights Village in Simons Town, on the Cape Peninsula – with an opening bid price of R800 000. 

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

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