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Ritchie Bros. plans auctions of two luxury Vancouver Island condos

Two luxury Vancouver Island condos will be sold without minimum bids or reserve prices at upcoming auctions conducted by Ritchie Bros. Auctioneers (NYSE and TSX: RBA).

Two luxury Vancouver Island condos will be sold without minimum bids or reserve prices at upcoming auctions conducted by Ritchie Bros. Auctioneers (NYSE and TSX: RBA).

On April 18 and 19, interested buyers can inspect both properties for themselves.

A 1,211 sq ft, two-bedroom penthouse suite with ocean and mountain views in the Trumpeter's Landing development in Courtenay will be sold at an unreserved auction in Edmonton on April 29, 2009; it can be inspected on Saturday, April 18 from 1 – 4 p.m. ..A 1,095 sq ft, one-bedroom ocean-view condo in the Onyx at Craig Bay in Parksville will be sold at an unreserved auction in Vancouver on May 30; it can be inspected on Sunday, April 19 from 1 – 4 p.m.

Interested buyers unable to attend the auctions in person can bid in real time over the internet or by proxy.

"My advice for anyone interested in ocean-front Vancouver Island property: inspect these condos and register to bid," said Ellen Engelsbel of Ritchie Bros.

– RCD Digital Media

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