A total of 69 homes in various Cape Town locations will be going on auction on Saturday 28 August 2010.

This will be the year’s largest Cape residential auction and has attracted widespread interest from local and international buyers with a record crowd expected.

Ish Hendricks of Auction Alliance says the properties are valued between R200k and R3m and are situated in the Southern Suburbs, Northern Suburbs, Helderberg and Atlantic Seaboard. “Due to the variety of properties on offer the auction offers a mix of investment opportunities for both first-time buyers and the experienced property investor.”

“The auction will have something for everyone because it is a dynamic mix of properties. Some are income generating, some need renovation and others are ready to move in.”

The auction takes place at D’Aria Wine Estate on Racecourse Road, Durbanville, and starts at 10am.

Meanwhile, a multi-purpose building in Kensington, an AAA-grade office block in Bedfordview, an exceptional upmarket development opportunity in Houghton and a game lodge in Naboomspruit are just four of the properties which will fall under the Aucor gavel at a multi-property auction on Tuesday 31 August.

The multi-purpose Kensington building, located at 164 Queen Street, Kensington South is a modern building zoned for Business 1 or high density residential (3 storeys permitted). It has a gross lettable area (GLA) of 502sqm and comprises three erven totaling 2,973sqm and is in excellent condition.

Situated just off the freeway between Johannesburg International Airport and Johannesburg city centre, the property is surrounded by many retail shops and restaurants.

Another option is 6 on 1st, seven sectionalised offices in a close to completed AAA-grade building located at 6, 1st Avenue, Dunvegan in Bedfordview. The three-storey property provides A-grade office and retail space with basement parking.

The architectural design is modern and favours well compared to many new commercial developments in other affluent areas. It has a total square meterage of 2101,33sqm of which 859,33sqm is lettable space on three floors, a basement parking with space for 26 bays, plus additional ground level parking. Bathrooms and facilities are located on each floor as well as access to stairs and the lift. New purchasers will be required to install drywalling according to their individual needs.

The property is located directly opposite the Orion building with easy access from Bedfordview along Boeing Road East. It has good access to OR Tambo Airport, Sandton, Bedfordview and Midrand and due to its central location within Johannesburg, access to and from the property is available via the N3 or N12 highways. Bidders have the option of purchasing individual units or the entire building as one lot.

Another option is prime development land on Houghton Drive with 360º views zoned for 140 upmarket units and two exclusive clusters. The site has been consolidated into one stand measuring a total of 21,840sqm, is fully zoned as residential 3 and final approval from council to commence development has been issued.

Under the current architectural layout nine five-storey apartment blocks with two floors of parking can be developed. Proposed plans are available as well as an architectural model which is available for viewing at Aucor head office in Midrand.

In terms of leisure property, there is a three-star guest lodge 158 Paradise Lodge, Naboomspruit, on 158 hectares.

Located just three kilometres from Naboomspruit, just off the N1 highway on the R591, the property boasts 11 self catering units, eight rooms in the main residence, a lapa, two swimming pools, games room, boma and zoning for a conference centre. It also has a good variety of small game.

The auction will be taking place at the Hilton Hotel, Rivonia Road, Sandton, at noon. - Eugene Brink

For more information contact Aucor 0861 28 28 46 or Click here to visit the Auction Alliance website.

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