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  | 

Controversial Blaauwberg beach property development on auction

The semi-completed Blaauwberg Beach Hotel development, which has been at the centre of the Realcor Group financial scandal, is to be auctioned.

Posted at 09:31AM May 03, 2013 by Editor in Auctions  | 

Hotel development on auction to recoup Realcor debts

The ClareMart Auction Group has been instructed by the liquidator of Midnight Storm Investments 386 LTD to proceed to sell by public auction the semi completed landmark Blaauwberg Hotel development on Thursday, May 23 at 12 noon at the Radisson Hotel, Waterfront, Cape Town.

Posted at 02:32PM Apr 24, 2013 by Editor in Auctions  | 

Malema's Sandown property to be auctioned

A half-built home in Sandown belonging to expelled ANCYL president Julius Malema will be auctioned next month, it was reported yesterday.

Posted at 06:18AM Apr 22, 2013 by Editor in Auctions  | 

Entire apartment block in Woodstock to go on auction following liquidation

On 11 April an entire 7-story residential apartment block known as 360 Degrees will be taken to auction following the liquidation of Bestvest 153 (Pty) Ltd.

Posted at 08:00AM Mar 11, 2013 by Editor in Auctions  |