Reserve: R2,292,475
4 days to go
Sheriff auction
6 Bedroom House on Auction in Bonza Bay, East London
,
Bonza Bay, East London
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6
Bedrooms
5.50
Bathrooms
3
Garages
963m²
Erf size
Double storey main building featuring four bedrooms, three bathrooms, lounge, dining room, kitchen, laundry, family room, study, and guest toilet. Features exterior plaster and brick walls with an interior plaster finish and corrugated iron roof. Includes three garages alongside two separate flatlets, each equipped with bedroom and bathroom facilities.
Property valuation
Last sold price
Sale date
Municipal valuation
Suburb trend
Outstanding bond
Bond amount
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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.