No Reserve!
Auction ended
Sheriff auction
2 Bedroom Flat on Auction in oThongathi, Durban North
Unit 17 Lot 2376, Tongaat Ext 11
2
Bedrooms
1
Bathroom
54m²
Size
Third-floor apartment featuring 2 tiled bedrooms, a family lounge, and a tiled kitchen. Includes a combined toilet and bathroom with a bathtub and wash basin, plus a private balcony. Finished with brick under tile construction.
Auction date
12 Oct 2026, 09:00 (ended)
Venue
82 Trevenen Road, Lotusville, Verulam
Held by
Property valuation
Last sold price
Sale date
Municipal valuation
Suburb trend
Outstanding bond
Bond amount
Recent sales in Lot 2376
There are 4 recent sales in this complex
Use these prices to value this 54m² unit before you bid.
Unit
Size
Year
Price
Unit 26
54m²
2024
Unit 54
54m²
2024
Unit 50
54m²
2024
Unit 64
54m²
2024
3 similar auctions coming up near oThongathi, Durban North
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.