Reserve: R350,000
Auction ended
Sheriff auction
2 Bedroom Flat on Auction in Point, Durban
Unit 82 Penzance, 31 Prince Street, Durban
2
Bedrooms
1
Bathroom
68m²
Size
This is a 2 Bedroom, 1 Bathroom apartment with a dining room and fully fitted kitchen. The apartment features a tiled floor and includes a parking bay. The unit is approximately 68 square metres.
Auction date
1 Oct 2026, 10:00 (ended)
Venue
4 Arbuckle Road, Windermere, Berea
Held by
Property valuation
Last sold price
Sale date
Municipal valuation
Suburb trend
Outstanding bond
Bond amount
Recent sales in Penzance
There are 5 recent sales in this complex
Use these prices to value this 68m² unit before you bid.
Unit
Size
Year
Price
Unit 32
68m²
2026
Unit 41
67m²
2026
Unit 51
67m²
2025
Unit 32
68m²
2025
Unit 65
69m²
2025
3 similar auctions coming up near Point, Durban
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.