Category: Auction News
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Park Village Auctions will soon bring to market a particularly grand double-storey familyhome at 24b Stratton Avenue, Bryanston.Described as “mansion-esque,” a double-volume portico and entrance foyer lead to a formallounge with a fireplace, a dining room, an open-plan TV lounge and kitchen with a walk-incold room and a scullery, a guest cloakroom and a family […]
The South African Institute of Auctioneers (SAIA) hosted its annual awardsceremony, The South African National Auction Championship, on Friday, May 24th.Clive Lazarus, of Park Village Auctions and a long-standing board member of theSAIA, was inducted into the SAIA Hall of Fame in recognition of his trailblazingcontributions to the industry through the SAIA. Also recognised that […]
Park Village Auctions is bringing storage warehouses & truck yard in a secure industrial parkin Germiston, Gauteng, to market mid-June.The sale stems from Cream Magenta 98 (Pty) Ltd and Eldacc (Pty) Ltd, currently inliquidation. Clive Lazarus of PVA says, “Our aim with liquidation-related sales is to realisefair prices for our clients, enabling them to recoup […]
A prominent Limpopo-based operator in sawn pine products, Tshifhire Timbers (Pty)Ltd t/a Shefeera Timbers (in business rescue) is next on the Park Village Auctions’timed online auction block. That’s the news from Park Village Auctions’ WernerBurger, who says the sale represents an excellent opportunity for investors.Burger: “With a growing demand for lumber, particularly in the construction […]
It’s a mixed bag for the property market at present, but with property, fortune favoursthose who play the long game, says Park Village Auctions’ Roy Lazarus.“Interest rates appear to be fixed for now, maintaining pressure on affordability anddelaying recovery in the housing market. On the other hand, those with keeninvestment savvy can use these conditions […]