COMMERCIAL & INDUSTRIAL PROPERTY AUCTION ACHIEVED RECORD PRICES

February 3, 2014 in Commercial Property, Residential Property Auction

Following a highly successful auction season with properties over R 480 million sold in 2013, In2assets the leading auction house in KwaZulu Natal, has conducted their first auction in the New Year with a big knock on the block.

An exciting mix of six Commercial and Industrial properties in and

around Durban attracted great interest from Investors responding to marketing strategies which already commenced prior to the festive season.

Amongst a Prominent Commercial property with national tenants in the Durban CBD was a business park in New Germany, a mixed used block of flats and retail in Isipingo, a 13.000 m2 industrial development site in Umbogintwini, an upmarket office suite in Umhlanga and a well sought after industrial property in Westmead; says Hein Hattingh MD of in2assets.

Combined bids received on the auction floor resulted in a turnover of close to R 63 million. The property in Ubogintwini achieved a highest bid of R 13,1 Million and the Industrial property in Westmead for R 14,2 Million  which were both confirmed and sold on the fall of the hammer. The Office suite in Gateway as well as the mixed use commercial property in Isipingo was confirmed within 24 hours after the auction and negotiations for two more properties are still in progress.

Appetite for Industrial and Commercial Property has substantially increased during 2013 and according to Hattingh the tendency is reminiscent of the era prior to the drastic downturn in the economy experienced from 2008 onwards. Auctions once again seem to be the first choice and preferred method of sale of Commercial & Industrial properties.In2assets have already published its Annual Auction Calendar for upcoming auctions in both Gauteng and KwaZulu Natal.

For further details visit www.in2assets.com or contact Rainer Stenzhorn rstenzhorn@in2assets.com

LANDMARK HOWICK FUEL STATION AND GENERAL DEALER TO BE AUCTIONED BY IN2ASSETS

August 20, 2013 in Commercial Property, Residential Property Auction

“One rarely find commercial properties with perfect positioning that have not already been redeveloped to maximise investment returns,” says Carl Kleinhans Business Development Executive with In2assets the leading Auction House in KwaZulu Natal. Kleinhans is referring to the General Dealership and Fuel Station which is located at the intersection of the R103 (Midmar) and Main Road (Howick) which will be sold by Auction at the Durban Country Club on 25 September 2013. “This property is an established 40 year old family owned business which boasts impressive monthly revenue even with its country aesthetics.” Kleinhans continued saying “The new owners should redevelop the property to modernise its appeal and facilities especially due to its location which is within 1km from the famous ‘Nelson Mandela Capture Site’. This significant Capture Site is at the foot of the Midlands Meander and has been earmarked for major developed”.

The Property consists of 4.3Ha land together with the General Dealership, Fuel Station and a 3 bedroom house.

For further information contact Carl Kleinhans by email ckleinhans@in2assets.com

In2assets Signage – Johannesburg Combined Auction 06 March 2013 @ 11am

February 15, 2013 in Agricultural, Cattle Auctions, Commercial Property, Create Wealth, Distressed Market, Residential Property Auction, Stud Auctions, Uncategorized

Commercial Building with Prime Exposure, 155 Luipaard Street, Krugersdorp

Petrol Station Redevelopment Site, Corner Rebecca Road & Mitchell Street, Pretoria West,

Retail Development Property, 582 Church Street, Pretoria West

5 Bedroom home SOLD for R 1,726,700.00

November 21, 2012 in Agricultural, Cattle Auctions, Commercial Property, Create Wealth, Distressed Market, Residential Property Auction, Stud Auctions

22 4th Avenue, Malvern SOLD!

Commercial Property Sales Listings now open for 2013

November 21, 2012 in Agricultural, Cattle Auctions, Commercial Property, Create Wealth, Distressed Market, Residential Property Auction, Stud Auctions

 

In2assets will be conducting their first combined property auction for 2013 on the 30th of January.

Anyone wanting to sell their commercial property in any part of South Africa is welcome to list their property now or obtain a proposal via info@in2assets.com

 

Commercial Property Auctions in Sandton – In2assets.com

November 21, 2012 in Agricultural, Cattle Auctions, Commercial Property, Create Wealth, Distressed Market, Residential Property Auction, Stud Auctions

 

 

 

 

 

Commercial Property Auctions in Sandton

One of the last auctions for 2012 to be held at the Protea Balalaika in Sandton taking place on the 27th of November 2012 @ 11h00 am.

There will be 3 properties under the gavel of well-known auctioneer Andrew Miller with a combined expected value of R 48 Million.

The highlight of the auction will be a commercial property situated  at the Corner of Frikkie Meyer and Hertz Boulevard, Vanderbijlpark, Gauteng

High visibility from passing traffic is what makes this property so special says Rainer Stenzhorn from in2assets.com the auction house conducting this auction.

The Extent of the this property is 3 665m² and the total GLA is 2 139 m2 and it will be sold with vacant occupation.

The second property to be auctioned: – Mixed Use Development Site measuring 68.02 HA near the Lanseria Airport. Easy access to Main Road between Brits/Lanseria/Malibongwe Drive and M5 Zwartkop Road. Approved Land Development – 29 Residential Units & 4 Commercial Units. Ideal for an equestrian estate

The third property is a residential 5 Bedroom Home in a gated Complex Hartebeestfontein, Montana, Pretoria which will be sold by instructions of a South African Bank.

More information on the above properties is available on www.in2assets.com or by email info@in2assets.com

 

SOLD – Durban North property for R 4,250,000.00

November 21, 2012 in Cattle Auctions, Commercial Property, Create Wealth, Distressed Market, Residential Property Auction, Stud Auctions, Uncategorized

2 Grosvenor Crescent, Durban North sold for R 4,250,000.00.

In2assets: expanding drive to grow sales force

November 21, 2012 in Agricultural, Cattle Auctions, Commercial Property, Create Wealth, Distressed Market, Residential Property Auction, Stud Auctions, Uncategorized

In2assets the specialist in asset disposal solutions is seeking candidates within the commercial sales division in KZN and Gauteng.

The candidate must have experience in the sales environment and property knowledge is required.

Applications or CV’s to be submitted to info@in2assets.com