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Porsche buys Kyalami Race Track for record auction price

Motorsport fans can breathe easy knowing that one of the most valuable pieces of land in Gauteng will carry on as a racing facility.

Posted at 06:45AM Jul 25, 2014 by Editor in Auctions  | 

Kyalami Rack Track to be auctioned on Thursday

Will it remain a track or will it be bulldozed? This is the question on many racing enthusiasts' lips as Kyalami Race Track goes under the hammer on Thursday.

Posted at 06:35AM Jul 21, 2014 by Editor in Auctions  | 

Historic Observatory church on auction

In the last 50 years Cape Town has seen a surprisingly large number of church, synagogue and other places of worship being sold and put to use in novel ways - and it is fascinating to speculate what the future of the latest such building to come up for sale might be.

Posted at 10:08AM Jul 02, 2014 by Editor in Auctions  | 

Wynberg property can be demolished for redevelopment

A prime redevelopment site in Wynberg will come under the hammer at ClareMart Auction Group's multiple commercial and investment property auction this month.

Posted at 06:42AM Apr 22, 2014 by Editor in Auctions  | 

Nedbank to auction property landmark in Pretoria

The Sanlam Middestad building in Pretoria goes under the hammer next Wednesday as Nedbank tries to recoup some of the money owed to it by controversial owner and business mogul Roux Shabangu.

Posted at 07:20AM Aug 07, 2013 by Editor in Auctions  | 

Controversial Blaawberg property sold for R57.7 million on auction

ClareMart Auction Group, under the instruction of Sanek Trust Recovery Services, sold the semi-completed landmark Blaauwberg Hotel Development on May 23 for a final price of R57.57 million inclusive.

Posted at 08:58AM Jun 12, 2013 by Editor in Auctions  | 

Auction Alliance in court over failed property transaction

Embattled auction house Auction Alliance is on the receiving end of another court action - instituted in the Western Cape High Court by a businessman who is also the chairman of golf course construction and design company Golf Data.

Posted at 08:48AM Jun 10, 2013 by Editor in Auctions  | 

Controversial Blaauwberg property auctioned after fierce bidding

The semi-completed landmark Blaauwberg Hotel Development achieved a bid of R50.1 million on Thursday.

Posted at 08:54AM May 24, 2013 by Editor in Auctions  | 

Julius Malema's property auctioned for R5.9 million

Expelled ANC Youth League (ANCYL) president Julius Malema's half-built mansion in Sandown, Joburg, was sold for R5.9 million on auction yesterday.

Posted at 04:12AM May 10, 2013 by Editor in Auctions  | 

Julius Malema's unfinished Sandown property on auction tomorrow

Julius Malema's house is going under the hammer tomorrow after he missed the March deadline to challenge Sars's application for the sequestration of the house for his failure to pay R16 million he owed.

Posted at 08:30AM May 08, 2013 by Editor in Auctions  |