Reserve: R450,000
Auction ended
Sheriff auction
2 Bedroom Flat on Auction in Middelburg, Central Mpumalanga
Unit 16 New Time Village, 16 New Time Village, Sadc Street, Middelburg
2
Bedrooms
1
Bathroom
110m²
Size
This is a sectional title apartment featuring 2 bedrooms and 1 bathroom. It includes a lounge and dining room. The walls are brick with a tiled roof. The floor area is 110 square metres.
Property valuation
Last sold price
Sale date
Municipal valuation
Suburb trend
Outstanding bond
Bond amount
Recent sales in New Time Village
There are 5 recent sales in this complex
Use these prices to value this 110m² unit before you bid.
Unit
Size
Year
Price
Unit 25
67m²
2026
Unit 29
70m²
2026
Unit 26
67m²
2025
Unit 17
96m²
2024
Unit 31
113m²
2024
3 similar auctions coming up near Middelburg, Central Mpumalanga
Buying at a sheriff auction
How does a sheriff auction work?
The sheriff sells the property to the highest bidder on the auction day. Register with the sheriff before bidding and bring your ID and proof of address.
What deposit do I need?
Usually 10% of the purchase price on the day, plus the sheriff’s commission. You’ll need a bank guarantee for the balance within the period set in the conditions of sale.
Can I view the property before the auction?
Usually not — sheriff auctions are sold as-is (voetstoots). Recent sales and satellite imagery help you judge value without going inside.
What does “No Reserve” mean?
There is no minimum price. The property can be sold to the highest bid, subject to the plaintiff’s confirmation.