Go­ing, gone on the net

Goin­dus­try Dove­bid SA talks to Home­front about its sec­ond online auc­tion com­ing up next month

Business Day - Home Front - - HOMEFRONT -

THE sec­ond online auc­tion of GoIn­dus­try Dove­Bid SA’s new prop­erty divi­sion will take place in Novem­ber, fol­low­ing a suc­cess­ful in­au­gu­ral auc­tion in Au­gust this year.

The com­pany is the South African rep­re­sen­ta­tive of in­ter­na­tional auc­tion­eers GoIn­dus­try Dove­Bid, which is a listed com­pany on the Lon­don Stock Ex­change through GoIn­dus­try Plc, with 40 of­fices in 27 coun­tries.

It is the world’s big­gest busi­ness as­sets val­u­a­tion and dis­posal com­pany, most of which is con­ducted via online auc­tions.

The suc­cess be­hind the global en­ter­prise’s online op­er­a­tion is based on the com­pany’s pro­pri­etary auc­tion soft­ware plat­form that has taken more than 10 years to de­velop at a cost of $10m. The online plat­form en­ables auc­tion to be live, fully in­ter­ac­tive and 100% se­cure as the site is hosted en­tirely in-house.

John Cow­ing, MD of GoIn­dus­try Dove­Bid SA, which opened in 2004, says: “It’s time to use this highly suc­cess­ful trans­ac­tional plat­form for im­mov­able prop­erty and to in­crease our ser­vice of­fer­ing online to all our auc­tion clients — cor­po­ra­tions, prop­erty in­vestors, the ac­count­ing and le­gal fra­ter­ni­ties and the fi­nan­cial in­sti­tu­tions.”

Hav­ing re­cently achieved a BEE level 3 rat­ing, the lo­cal com­pany is the first in the group to ded­i­cate a divi­sion to online prop­erty auc­tions, with Kim Fa­clier as MD.

This divi­sion ben­e­fits from the ex­pe­ri­ence of auc­tion­eer Joey Burke, well known for his prop­erty ex­per­tise and as a char­ity auc­tion­eer.

To­gether with auc­tion­eer and prop­erty val­uer Dono­van Dal­ton, Burke forms part of Fa­clier’s new divi­sion.

An ad­van­tage of GoIn­dus­try Dove­Bid SA’s new online prop­erty divi­sion is that while buy­ers will still be re­spon­si­ble for a 10% de­posit on the fall of the ham­mer, the auc­tion­eer’s com­mis­sion is only payable when the prop­erty trans­fers and not on the day of the auc­tion. The com­pany has re­duced the stan­dard 10% auc­tion­eer’s com­mis­sion charged to 8%.

Fa­clier says the con­cept of auc­tion­ing prop­erty in real time, online, is the way of the fu­ture.

“While there’s no doubt that prop­erty auc­tions as we have known them in the past have been ex­cit­ing events, the time has come to em­brace online, just as we all em­braced in­ter­net bank­ing.

“In the past auc­tion­eers have gone to enor­mous ex­pense to host events for up­wards of 400 peo­ple in one venue, but with only 20 or 30 se­ri­ous bid­ders.

“With online you can host a live, mul­ti­ple prop­erty auc­tion that in­cludes prop­er­ties from across the coun­try and is ex­posed to buy­ers across the globe. It also means one sin­gle, na­tion­wide ad­ver­tis­ing cam­paign, with costs shared by the var­i­ous ven­dors.”

Prop­er­ties han­dled by GoIn­dus­try Dove­Bid SA cur­rently range from com­mer­cial and in­dus­trial to high-end res­i­den­tial.

Four of the up­mar­ket res­i­den­tial prop­er­ties to be in­cluded in its next online auc­tion in­clude two homes in cen­tral Cape Town and two units in the Eden on the Bay com­plex in Blou­bergstrand’s Big Bay Beach Es­tate.

The first of the two Cape Town homes is a lux­u­ri­ous home at 90 Geneva Drive that fea­tures five bed­rooms, all with bath­rooms en suite.

Set against the slopes of Camps Bay with views across the At­lantic coast­line, this home has 750m² of liv­ing space, with fea­tures in­clud­ing an en­ter­tainer’s lounge and a me­dia room lead­ing to an out­door pa­tio area with a built-in gas braai. There is also a games room lead­ing to a deck and swim­ming pool. Along with a dou­ble garage, there is park­ing on site to ac­com­mo­date up to seven ve­hi­cles.

Fa­clier says: “This prop­erty is ideal ei­ther as a fam­ily home or to be used as a Cape Town base for a cor­po­rate client. Along with the lux­ury ac­com­mo­da­tion and life­style, the home is im­pres­sively laid out for largescale en­ter­tain­ing.”

The sec­ond Cape Town home mea­sures 286m² and lies high up on Kloofnek Road. Well­suited as ei­ther a fam­ily home or for a work-from-home sce­nario, it has three bed­rooms, two of which are en suite.

Ideal for en­ter­tain­ing, the home has two lounges and a din­ing room that leads to an open-plan kitchen.

An out­side deck and Jacuzzi of­fer great views of Ta­ble Moun­tain.

A sep­a­rate garage and store rooms com­plete the pic­ture.

“Kloofnek Road has be­come a highly de­sir­able ad­dress over the past few years,” says Fa­clier.

“It has mag­nif­i­cent homes and of­fers easy ac­cess to Ta­ble Moun­tain, Camps Bay, the beaches of Clifton and both the At­lantic Seaboard and the CBD.”

Just 20 min­utes from the Cape Town Cen­tral City, the Cape West Coast is the set­ting for the other two res­i­den­tial prop­er­ties to be auc­tioned in Novem­ber.

Both are part of the Eden on the Bay de­vel­op­ment in the Big Bay Beach Es­tate, Blou­bergstrand, an area that has be­come a highly pop­u­lar res­i­den­tial and life­style hub.

The first is a 216m² pent­house apart­ment that has ex­ten­sive ocean and moun­tain views. An en­ter­tainer’s liv­ing and din­ing room open-plan on to a modern kitchen and scullery, while a dou­ble vol­ume stair­case leads to the three en suite bed­rooms and up­stairs bal­conies.

The sec­ond Eden on the Bay prop­erty has been de­scribed by Fa­clier as “per­fect for some­one who en­joys surf­ing or kitesurf­ing, as it is just a two-minute walk to the beach”.

Mea­sur­ing 133m², it has two en suite bed­rooms, an open-plan liv­ing area with modern kitchen and gran­ite fin­ishes. A bal­cony of­fers a side view of the ocean.

These prop­er­ties, among oth­ers, will be on auc­tion via the com­pany’s in­ter­na­tional web­site, www.Go-Dove.com/southafrica, and can be viewed online for a month prior to the auc­tion.

Bid­ding will open on Mon­day Novem­ber 14 at 14h00 and close on Wed­nes­day Novem­ber 16, at 14h00 South African time.

Show days will also be held on site, and in­for­ma­tion per­tain­ing to this can be found on the web­site.

Al­ter­na­tive site view­ing can be made by prior ar­range­ment with GoIn­dus­try Dove­Bid SA.

This five-bed­room Camps Bay home is one of three high-end res­i­den­tial prop­er­ties go­ing un­der the online ham­mer from Novem­ber 14 to 16.

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