Auction investment opportunities

Posted On Thursday, 15 March 2012 02:00 Published by
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Game reserves, retail and offices feature in the latest property auction investment highlights

Luxury Private Game reserve:

This private game reserve situated in Limpopo, comprises 333 5840 hectares of pristine African bushveld.

Olievefontein Private Game Reserve is located near the town of Vaalwater, two and half hours drive from Johannesburg in the malaria free Waterberg biosphere. The property is easily accessible via a well maintained infrastructure of a tar and gravel road network.

Rising to an a height of 1550 metres above sea level, this water rich property covers both mountainous and level topography, and forms part of a larger nature conservancy, allowing the wildlife to wander approximately 850 hectares of protected habitat unhindered. A large watering hole situated near the main lodge proves attractive for a wide variety of large game, including Giraffe, Eland, Kudu and exceptional birdlife.

Luxury guest accommodation is suitably provided by eight upmarket thatched cottages; ranging from the largest which can cater for ten guests to the smaller honeymoon cottages which sleep two. All the cottages are fully equipped for self catering, and are designed to maximise the views of the surrounding nature with large open plan kitchens and lounges opening out to viewing decks. In addition a covered patio, parking and braai facilities, all units are fitted with a safe and come equipped with Dstv.

The Clubhouse which overlooks three pools and a viewing deck consists of a thatched single story 214m² building which hosts the reception area, a kitchen, a library, ablution facilities and internal and external seating areas. A two bedroom manager’s cottage can be directly accessed from the reception area, while further improvements include a neat workshop, store room and the staff compound which is situated between the main lodge and the guest accommodation.

The sale of this remarkable property will be as a going concern and therefore includes all upmarket furniture and fittings, including cutlery, crockery and linen. Various movable assets will also be included in the sale including a Landini tractor, Nissan double cab, Tata drop side truck, 2 x 2500 litre diesel tanks, a fire trailer and a Nissan game drive vehicle.

“We are receiving heightened interest in this unique fully furnished lodge, built to the highest quality and set in the heart of the Waterberg. No expense was spared when developing this property  which offers accommodation for 36 people in 8 freestanding units as well as a large dining, entertainment and pool area,” comment Martin Van Zyl.

The auction will start at noon at the Hyatt Hotel, Oxford Road, Rosebank on March 20.

For more information contact Martin on 082 6101199 or This email address is being protected from spambots. You need JavaScript enabled to view it.


Modern office space in Vereeniging:

A fully let modern double storey office building with sub-divisible office space, situated close to the Vereeniging CBD, will be auctioned on March 20, by Auction Alliance.
 
The property, erf size 1,537m², is situated on Patton street, approximately 3km to the north west of the Vereeniging CBD. The immediate surrounding area of the property is a sparsely developed business node, with the general surrounding area characterised by residential properties and small holdings, as well as a small retail centre located nearby.

In addition to office space the building contains a central entrance foyer with a kitchen and ablution facilities on the ground floor. The building is air-conditioned and provides good quality B Grade office accommodation. There is on-site parking.

The GLA is ± 666m². There is a lease in place with a rental of R25,000 per month.

“This is a modern building in good condition and a solid investment in a good area,” says Sean Parsons of Auction Alliance.

The multiple auction takes place at 12pm on Tuesday March 20 at the Hyatt Regency Hotel, Johannesburg. Contact Sean Parsons 082 464 7292, This email address is being protected from spambots. You need JavaScript enabled to view it.


Retail Premises - Benoni CBD:

A commercial property in Benoni consisting of four stands and three separate buildings will be auctioned in March by Auction Alliance.

Situated within the Benoni CBD, the property contains two stands which face Woburn Avenue, while the other two face Cranbourne Avenue. All stands enjoy a high level of exposure to passing traffic. The property forms part of an older, established commercial node and is surrounded by numerous commercial entities and residential buildings. The municipal buildings, Lakeside Mall and the municipal buildings lie in close proximity.

The property is zoned Business 2 and sits on a site of 3,068m². It has a GLA of 3,443m², earning an annual income of R840,000 and is exposed to a strong passing trade. There is an optional lease agreement in the process of being finalised whereby the current owner would remain in occupation.

“This is a spacious and versatile fully-let property which could be used for a number  of businesses, and appeals both to owner/occupiers and buy-to-let investors,” says Gareth Botha of Auction Alliance.

The auction takes place at 12pm on March 20 at 12pm at The Hyatt Hotel
Rosebank, Johannesburg. Contact Gareth Botha on 083 288 7778, This email address is being protected from spambots. You need JavaScript enabled to view it.


Game farm in KwaZulu Natal:

A wild and beautiful 2574ha game farm situated on the Bushman’s River in the heart of Weenen, Kwazulu Natal will be offered up for auction at the end of March. Included in the sale is an additional 140ha under irrigation.
 
The farm contains a variety of indigenous game including bush buck, mountain reed buck, duiker, steenbok, giraffe and jackal, and is considered one of the best bow hunting farms in South Africa. The property consists of 11 subdivisions situated adjacent to one another and will be sold without any equipment, tractors, vehicles and machinery.
 
Structures on the farm include main dwellings, managers’ cottages and compounds, main shed, office block, flat, workshop, cold rooms and pump houses. The land under irrigation includes a mixed range of cash crops.

Weenen is a small rural town established by the Trekkers after avenging the massacre at nearby Bloukrans. It is the second oldest town in KwaZulu Natal and is home to various mixed cash crop farming enterprises and many other nature and game reserves. It is situated halfway between Greytown and Colenso (approximately 44km from each of them) and is easily accessed from the R74, which runs between the two towns. Other larger towns in the immediate vicinity include Ladysmith (60km) and Estcourt (40km).

The Game Reserve (operated by Ezemvelo Wildlife) has excellent game viewing areas, its own trail and waterhole and a small two bed roomed cottage with braai facilities. There are also 12 caravan and camping sites and a picnic site. The area encompasses the Tugela, Bushmans and Bloukrans River valleys and incorporates the Weenen Nature Reserve. Some of the property comprises grasslands, steep forested valleys and riverine vegetation. Buffalo, kudu, leopard, giraffe, hyena, elephant, rhino, zebra, wildebeest and inhabit the area as do crocodiles, pythons and monitor lizards.

“This is an exceptional investment or lifestyle opportunity. Situated in this fertile region, right on the river and surrounded by valleys, it is rich in wildlife and rugged beauty and continues to draw tourists, local and foreign, here in droves,” says auctioneer Andrew Miller of Auction Alliance.

The property will be auctioned on-site on March 29 at 11am. Viewing is on March 6, March 13 and March 20 from 11am – 2pm. Contact Andrew Miller on 082 493 2362, This email address is being protected from spambots. You need JavaScript enabled to view it. or Rainer Stenzhorn on 082 321 1135, This email address is being protected from spambots. You need JavaScript enabled to view it.. Alternatively call Auction Alliance on 031 566 3333


Publisher: eProp
Source: AG

Last modified on Wednesday, 30 May 2012 11:14

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