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Rare opportunity to acquire brand new luxury apartments in Cape Town on BidX1 online property auction

Four brand new luxury apartments in a small, four-storey block in Sea Point on Cape Town’s sought-after Atlantic Seaboard are being offered at BidX1’s online auction on 30 March. These apartments form part of a Business Rescue Sale and BidX1 has been instructed to place them on auction. They comprise a three-bedroom penthouse, two three-bedroom apartments and one two-bedroom apartment, with spacious balconies and stunning views of Lions Head. 

The invited opening bid prices are R6.5 million for the penthouse, comprising 167sqm and 19sqm of balconies (plus a rooftop area of 76sqm) and totalling a very spacious 262 sqm; R3.95 million for the three-bedroom units, each comprising 111sqm with 39sqm balconies and totalling 150 sqm; and R3 million for the two-bedroom apartment of 99sqm with 22sqm balcony, totalling 121 sqm.

Ideal for investment for rental income, a permanent residence, or a leisure/business pad as needed, the modern complex also includes a communal roof garden, pool and deck, while each unit has two allocated secure parking bays. The building is well-positioned on the MyCiti bus route and close to all amenities including the Sea Point Promenade and Cape Town city centre.

Meanwhile, on 16 March, BidX1’s online property auction incudes a spacious 130sqm apartment in a prime location in Currie Road in Musgrave, Durban, close to all access routes in and around the city. The two-bedroom unit, which has an opening bid price of R700 000, is in a small complex.

Another highly appealing opportunity is a 2 500sqm vacant plot in Intaba Ridge Eco Estate in Pietermaritzburg, a haven of fauna, flora and wildlife alongside a game farm and a nature reserve. With an opening bid price of R650 000, the plot enjoys panoramic views over the estate and city. The estate includes a pool, braai area, tennis court, sports field, children’s play area and biking track.

In Sunnyside, Pretoria, a freshly painted 93sqm apartment offers great value with an opening bid price of R150 000. Also in Pretoria, in the suburb of Equestria, is a three-bedroom townhouse with patio and entertainment area, close to shops, schools, restaurants and public transport, with an opening bid price of R1.25 million.

In Northcliff, Johannesburg, with an opening bid price of R1.15 million, is a two-bedroom home with enclosed garden, splash pool and braai in a well-maintained complex with good security, while in Unitas Park in Vereeniging, also close to schools and with a well-maintained garden is a three-bedroom family home with an opening bid price of R500 000.

A strategically located, double-storey commercial property in Northgate Estate off the N1 highway in Brooklyn, Cape Town, offers 633sqm of freestanding offices and a distribution facility with easy access to prime industrial areas such as Paarden Island and Montague Gardens, just 7km from the city centre and 15km to Cape Town International Airport. Zoned General Industrial 2 on an erf of 1 238sqm, the property includes a large, paved yard for deliveries and parking, and has an opening bid price of R5 million.

Meanwhile 19km outside Bela Bela in Limpopo, less than 100km from Pretoria, a smallholding with a five-bedroom home with swimming pool, 4ha of arable land under irrigation, two boreholes, two water tanks, cattle camps and holding facilities, goes on auction with an opening bid price of R2.5 million.

For further information visit or telephone 021 140 3541.


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