In2assets Blog: Commercial property auction news

An entire town with two farms for sale by auction. The entire town of Swinburne, one of the most popular pit-stop in South Africa, for people travelling on road between Durban and Johannesburg, is now for sale.

Participating in a property auction can be exhilarating, emotional and an exciting exercise. The Auction process is fast-paced, and it is easy to get swept away in the moment. Purchasing property on auction is becoming a popular way of becoming a property owner, especially amongst cash buyers.

Since November 2015 In2assets Property Specialists have conducted multiple auctions that featured various iconic properties in the Eastern Cape. “The growth of our Port Elizabeth branch has been exceptional and remarkable,” said Brad Dowlman, the Business Development Executive of In2assets.

Chatsworth is a proudly and predominantly Indian community located inland of Durban Metro’s Southern basin. The suburb of Chatsworth was formed in the 1950’s and in the decades to follow the community continued their colourful and rich heritage which is strongly felt around bustling retail centres and hurried streets. The air is filled with fragrant smells of eastern spices which is heaven to any food lover!

Rich in history and placed in a heavenly landscape is the Oaks Hotel in Byrne near Richmond, which is for sale by public auction with In2assets, the commercial and industrial property company.