Following the liquidation order of Dairybelle, two Epping properties belonging to the company went under the hammer recently for R66 million. Giant Sweets was the successful bidder.
The Richards Bay Shopping Centre known as Taxi City has been successfully sold for an auction record price of R120 million at the monthly commercial auction conducted by In2Assets, the commercial property auction specialists.
Ending the year on a high note, the November 2016 auction held by Broll Auctions and Sales proved a great success with a number of noteworthy sales taking place.
Ask any investor what tops their priority list for a sound commercial property investment and apart from a prime location, high visibility and high calibre of building are key factors, says Norman Raad, CEO of Broll Auctions and Sales.
Following the uncertainty prior to the elections, the second half of the year should be much more positive for the property sector, according to Norman Raad, CEO of Broll Auctions and Sales.
Exciting opportunities arise in uncertain and difficult times, says Norman Raad, CEO of Broll Auctions and Sales.
Live auction of multiple investment properties around Gauteng - South Africa #166 - featuring tenanted retail building with residential block, commercial & secure industrial properties situated around Cape Town, Durban, Johannesburg & Pretoria.

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