Category: Auction News

As South Africans have become more accustomed to shopping online and having goods delivered to their doors, we can expect to see a significant increase in demand for warehousing and distribution space from logistics operators and other companies, as well as a demand for industrial properties across the board, says MC du Toit, CEO of […]

Park Village Auctions has announced their first lockdown live webcast auction, held on Wednesday the 27th of May, a success as scores of genuine bank repossessed cars were sold “in a matter of clicks”, says head auctioneer, Clive Lazarus. In response to stringent safety measures imposed under lockdown business conduct laws, PVA has been quick […]

Park Village Auctions will bring to market a secure, four-bedroom, double-storey townhouse located close to the banks of the Vaal River on the 23rd of March. Jaco Du Toit of PVA says the property in question, unit number one of Athlone Manor, corner of Athlone Drive and Orange Drive in Three Rivers, is ideally suited […]

As the spread of Covid-19 (novel coronavirus) causes global vehicle manufacturing operations to come to a near halt, Park Village Auctions’ LeRoy Augustyn suggests that repossessed commercial vehicle auctions provide relief to the local market.   “Pandemic aside, auctions have long provided fleet and logistics managers with the opportunity to replenish their commercial vehicle stock […]

8 Perks of Selling Property On Auction. Jaco du Toit shares how one can leverage the perks of property auctions to maximise the benefits that the adjustment to transfer duty threshold brings.