Empowered auctioneers gain momentum

Posted On Tuesday, 17 April 2012 02:00 Published by eProp Commercial Property News
Rate this item
(0 votes)

Tirhani Auctioneers which started operations seven years ago is now SA’s largest black-owned and blackmanaged auctioneering company.

Property-Housing-ResidentialvTirhani’s lead auctioneer and CEO, Tirhani Mabunda, says most people have an inaccurate perception that auctions are about distress sales and bargains.

On the contrary, he mainatians that auctions have developed into a first-choice option in most parts of the world, offering sellers and buyers the opportunity to transact quickly in an open, transparent and competitive manner.

Tirhani Property Auctions will sell two premier properties in Cape Town next month.
Number 19 Van Reenen Street, Bloubergstrand, and 5 Bel Ombre Drive, Constantia, will be offered by public auction on Thursday, May 10 on site at noon for Van Reenen Street and at 7pm for the Bel Ombre Drive property.

“Duly instructed by the trustees in the liquidation of The National Pride Trading 148 (in liquidation), we shall sell on public auction: 19 Van Reenen Street, Bloubergstrand, Cape Town which is a three storey Mediterranean styled property, situated on the coastal strip with views of the Atlantic Ocean, Table Mountain and Robben Island. The dwelling measures 800m² and is located on a 485m² stand. An elevator allows accessibility to all three levels.

“The nature of this coastal property makes it either an ideal corporate guest house or an entertainer’s retreat.”

The property includes: five bedrooms and four bathrooms, a study and full designer kitchen. It also features an indoor heated swimming pool, Jacuzzi and sauna, central heating, theatre, bar and entertainment area, and three garages.

Last modified on Friday, 30 May 2014 16:33

Most Popular

City of Joburg Housing Development wins UN award

Sep 17, 2019
 MESHACK VAN WYK
The City of Johannesburg’s Housing department has won a Sustainable Cities and Human…

Mall of Africa Celebrates Launch of New Generation Pick n Pay Store

Sep 23, 2019
 MOA PNP  1
Today Mall of Africa welcomed one of South Africa's biggest grocery retailers to the…

Exemplar REITail Acquires Katale Square Shopping Centre

Sep 23, 2019
 JASON MCCORMICK
Real estate investment trust, Exemplar REITail, has acquired Katale Square shopping…

Mixed-use is the key to funding hotel development in Africa

Sep 17, 2019
 XANDER NIJNENS
JLL’s research into global property transactions reveals that in the first half of 2019,…

Reserve Bank keeps repo rate unchanged

Sep 23, 2019
 LESETJA KGANYAGO
 South African Reserve Bank Governor Lesetja Kganyago on Thursday said this is in line…

Please publish modules in offcanvas position.