Impressive line-up awaits at Broll Auction’s May Auction day
The catalogue for Broll Auctions and Sales’ May auction is shaping to be one of the most diverse and exciting yet.
With everything from boutique agricultural farms to fuel sites and hospitality assets, to prime retail opportunities and commercial warehousing, this auction presents exceptional investment potential across South Africa.
We unpack the top properties up for auction at the Broll Auctions and Sales’ May auction, below.
Western Cape
Situated in Cape Town’s bustling Sea Point, this substantial building has been used as a rehabilitation centre.
It offers 20 self-contained apartments, each equipped with kitchenettes and offering independent living spaces.
For added convenience and security, the property includes an on-site gym and communal bathrooms, six secured parking bays on-site, plus an additional six bays on lease.
An elevator ensures easy access to all levels.
“This three-storey asset offers strong redevelopment opportunity for mixed-use, or continued use potential, within one of the City’s most in-demand nodes,” said Broll Auctions and Sales CEO, Norman Raad.
“If you’re looking for investment property in the winelands – or to change your lifestyle and become a grape grower on a boutique property, we have the perfect Wellington opportunities,” Raad added.
Three farms – Talana Hill, Dunedin, and Eventide – are available for individual or joint purchase.
These farms provide a rare and well-priced gateway into the heart of the Cape Winelands, ideal for lifestyle development or boutique agricultural ventures for farmers.
“Each farm includes at least one homestead and ample land for cultivation of crops of your choice,” said Raad.
Together, these farms measure 81.4 hectares and represent some of the finest parcels of land in South Africa.
The farms have approved water rights and are utilised to produce fruit and a variety of vineyards.
In Oudtshoorn, a government-tenanted commercial building is centrally located and offers investors secure income and a strong lease covenant.
“One of the tallest buildings in the town, it has a gross annual income of over R1.4-million, making it an attractive, income-generating asset,” said Raad.
KwaZulu-Natal
Comprising 20 well-maintained multiple short-stay units, this well-positioned holiday letting block on Durban’s South Beach is the perfect asset to capitalise on the City’s tourism and holiday rental market.
“Located a stone’s throw from the beachfront, this four-storey block has a 22-year track record and is a high-yield opportunity for seasoned hospitality investors,” said Raad.
Moving to Phoenix, KwaZulu-Natal, where a well-located corner property is on the auction block.
This blank canvas site is a rare and highly sought-after opportunity in the area – with high visibility and easy access, it’s primed for fuel retail or related development.
Gauteng
Previously occupied by Buco, this large-format retail warehouse in Kempton Park, close to OR Tambo International Airport, offers excellent exposure and significant floor space.
“As a modern, purpose-built warehouse we expect this asset to be snapped up quickly,” said Raad.
It is suitable for both owner-occupation or value-add investment strategies.
A classic retail strip in the heart of bohemian Melville, this property benefits from steady foot traffic and long-standing tenancy appeal.
It’s ideal for investors seeking exposure in one of Johannesburg’s most unique precincts.
“Currently configured to accommodate six restaurants, the space offers flexibility and can easily be adapted to suit a range of commercial needs, from retail stores to office spaces or other food-related ventures,” said Raad.
Eastern Cape
Situated in the coastal node of Gqeberha (Port Elizabeth), this tract of vacant land in Beachview is an attractive development play.
With ocean proximity and scenic surroundings, it offers scope for residential or mixed-use concepts.
“With a varied and high-calibre offering, our May 7 auction at Johannesburg’s The Wanderers Golf Club, from noon, should once again draw strong interest from private investors, developers, and corporates alike,” said Raad.
Full details, due diligence packs, and auction registration information are available here.
Contact the Broll Auctions and Sales team for more information or to register to bid.
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