Inanda Fixer-Upper Represents Excellent Investment Opportunity

Park Village Auctions will bring to market a partly demolished residential property in
one of Sandton’s popular, upmarket suburbs, Inanda. This, says PVA’s seasoned
head auctioneer, Clive Lazarus, is a “golden opportunity to realise a highly profitable
flip.”
“As Africa’s richest square mile, Sandton property is a boon. As such, investors are
snatching up as much inventory as possible, making it tough to get a foot in the
Sandton property market—and Inanda properties are among the most elusive!” Says
Clive, talking about the value of the property in question.
“One should note that Inanda has seen significant price increases over the years,
with the average sales price climbing roughly 15% between 2015 and 2022. The
potential for ROI on this property with added selling points such as its locality in an
estate accessible from Rivonia Road is huge,” Clive explains.
Clive says that savvy buyers who know that auctions represent excellent value for
money will leap at the chance to acquire this property and offset the savings on
renovation costs—enabling a handsome return on investment.
Number 7 Kyle Crescent, located within “The Inandas” 58 Rivonia Road, Inanda
takes the form a double storey residential dwelling with outbuildings requiring
completion of building improvements and construction work, measuring 884 square
metres. The Inandas is a 24-hour guarded security complex in a quiet suburb of
Sandton that offers residents access to upmarket shopping malls, an array of
excellent government and private schools, medical facilities and the Sandton CBD.
Interested parties are encouraged to book an appointment to view the property and
register to bid before the onsite auction scheduled at 11 am on Thursday, 7 March.
For more information, please visit web reference 1474 at
www.parkvillageauctions.co.za or call 011 789 4375.