Reserve: R524,000
Auction ended
Sheriff auction
1 Bedroom Flat on Auction in Olifantsvlei 327-Iq, Johannesburg South
Unit 538 Route 82 Security Village 1, 1 Tamboti Street, Alveda Ext 8
1
Bedroom
2
Bathrooms
53m²
Size
Auction date
21 Jul 2026, 10:00 (ended)
Venue
61 Van Riebeeck Street, Alberton
Held by
Property valuation
Last sold price
Sale date
Municipal valuation
Suburb trend
Outstanding bond
Bond amount
Recent sales in Route 82 Security Village 1
There are 6 recent sales in this complex
Use these prices to value this 53m² unit before you bid.
Unit
Size
Year
Price
Unit 452
48m²
2026
Unit 726
53m²
2026
Unit 530
53m²
2024
Unit 781
54m²
2024
Unit 555
54m²
2024
Unit 765
53m²
2024
3 similar auctions coming up near Olifantsvlei 327-Iq, Johannesburg South
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.