Park Village Auctions is poised to sell a commercial property with all the features of a cosy guest lodge in Vaal Marina.
That’s the word from PVA’s Clive Lazarus, who says that savvy business buyers will lap up the opportunity to acquire accommodation real-estate before interest rates and the hospitality sector rebounds.
For this reason, the property will be sold via a timed online auction, allowing buyers to place considered bids and the time to outbid contesters. The timed auction commences at 10 am on Monday the 16th and concludes at 10 am on Friday the 20th of May.
59 Pompano Drive, Vaal Marina, Gauteng, is described as a “multiple dwelling property”. The main house is a split-level residential dwelling with a kitchen, a lounge, a bar area and a guest bathroom on the lower level, while the upper-level features two en-suite bedrooms and a study. There is also a large terrace (with an adjustable covering) that offers views of the Vaal River.
Four separate chalets comprising two en-suite single-sleepers and two en-suite double-sleeper units appear in tiers down the property. In total, the property measures 2 348 square meters.
Several recreational facilities, including Dam Diner Restaurant and Bar, Die Stasie Coffee Shop, Vaal Marina Waterfront Park and the Vaal Dam Picnic Spot, are within walking distance of the property.
Interested bidders are invited to view the property by appointment by contacting PVA on 011 789 4375 or firstname.lastname@example.org. More information is available on www.parkvillageauctions.co.za under website listing number 958.