Real Estate Investor July 2025 Edition July 2025 | Page 52

THE HIGH STREET AUCTION CO
Accommodating change
THE HIGH STREET AUCTION CO
Dart believes that the Sunward Palms in Sunward Park, Gauteng, where there is already provision for the inclusion of medical facilities and which will be auctioned on July 17, is an example.

“ This 6232m ² property is ideally suited for a proposed medical day hospital development as it is perfectly positioned to complement the existing anchor tenant, Virgin Active Gym and nearby medical facilities including the Netcare Sunward Park Hospital. It is currently operating as a popular retail and lifestyle hub and the property enjoys high visibility and easy access,” he explains.

Accommodating change

Another segment of the commercial property space that is evolving is the hospitality sector which was amongst the hardest hit during the Covid pandemic. Its recovery is seeing the entrance of new operators who are converting older properties to better service new tourism requirements or even re-using these properties as medical facilities, retirement centres or residential estates.
One such venue, known as Dozi’ s Back to the Roots Venue at Hartebeespoort in the North West province, will feature in the July 17 auction. This versatile property offers the perfect blend of business potential and serene lifestyle living, ideal for a boutique resort, retreat or live music destination. In addition to two spacious residential homes, there is a professional music recording studio and guest rooms.
The property also includes five active boreholes, providing sustainable water supply for daily operations and future expansion.
Properties in Dullstroom include the quaint Cpirit Market Place with its repurposed black shipping containers that have been turned into trendy market inspired eateries, artisan shops and beauty salons( with an additional two phases to be further developed), the seven charming and fully equipped Cpirit Country Haven Self-Catering Cottages with beautiful mountain or garden views and adjoining function and entertainment venues and orchards, trout dams and stables as well as the Cpirit Village View Guesthouse.

27