EXCELLENT auction properties continue to reach the market, but the window of opportunity for acquiring one of these assets might be closing, says Peter Havenga of Park Village Auctions.
Havenga comments against the background of three new auctions on consecutive days on the Park Village books, including properties in Craighall, Dainfern and Kyalami.
He quotes various pointers to an improvement in the property market in general, including the fact that new residential mortgage loans doubled from January 2009 to September, the view that the residential building cycle has bottomed and an Absa report that house prices grew 4,7 percent in November.
"All this suggests that property is once more an attractive asset," Havenga says.
The Dainfern Valley Estate property is a prime example, he says. Comprising a large double-storeyed Tuscan style mansion, the property goes on auction on Tuesday at 11am on thecorner of Vallon and Tarascon Avenue, Dainfern Ext 16, Fourways.
The property comprises a ground level with entrance hall, foyer, guest cloakroom, TV room, kitchen, dining room, entertainment room, etc. The upper level has a landing area, six bedrooms (two en suite), two family bathrooms, study, balconies and an open terrace area converted into a putt putt course.
Other improvements include a partially completed squash court, gym and cloak facilities, three garages, two domestics rooms, pool and established, irrigated garden. Viewing is this Sunday, from 11am to 3pm.
The Craighall property is a well maintained family home set in pleasantsurroundings in this highly sought after area.
Its sale takes place on Wednesday at 11am at 37 Talbragar Avenue, Craighall.
This split level home has an entrance foyer, lounge, study, family room, kitchen with scullery, guest bathroom, three bedrooms, two bathrooms (mes), all on the lower level.
The split level area offers a lounge and guest bedroom with en suite bathroom.
The third prime property on the Park Village roster is a semi-double-storey country-style dwelling ideally positioned in a safe and tranquil security estate at Kyalami Estates. This sale takes place on Thursday from 11am at 722 Duindigt Street, Kyalami Estates, Kyalami Extension 4.