In2assets Blog: Commercial property auction news

Real Estate for commercial purposes is also to be understood as Real Estate that generates income.

In2assets are set to auction an industrial warehouse of ± 4 780 m² in Briardene Industrial Park.

Stamford hill Road the place to be for factory outlets Durban’s clothing and textiles industry has a long history. It has been and remains a very significant source of employment.

In2assets will be auctioning a retail and residential development site in Morningside. The auction will take place at Mount Edgecombe Country Club on November 17 at 11am.

By Grant Gibson grant@feverthree.co.za Often when chatting to friends and colleagues, a general misconception is a fear of borrowing money. Forgive me if I am a bit biased after my previous career, but I believe the above could not be further from the truth. It also comes down to understanding debt, what it can unlock and using it wisely. For example, it is never a good idea to run up a massive credit card debt if you do not have the means to settle it immediately. But debt supported by properties can be a good thing, despite what happened in 2007/2008 and the world economic crisis. But new controls in the banking space should hopefully prevent this from happening again.