Reserve: R385,000
1 day to go
Sheriff auction
2 Bedroom Flat on Auction in Olifantsvlei 327-Iq, Johannesburg South
,
Olifantsvlei 327-Iq, Johannesburg South
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2
Bedrooms
1
Bathroom
54m²
Size
Contemporary 2 Bedroom apartment featuring a well-appointed bathroom, an open-plan kitchen, and a comfortable living area. Designed for modern living with functional spaces throughout. Conveniently situated with easy access to local amenities and major transport routes.
Auction date
3 Nov 2026, 10:00
Venue
61 Van Riebeeck Avenue, Alberton
Held by
Property valuation
Last sold price
Sale date
Municipal valuation
Suburb trend
Outstanding bond
Bond amount
Recent sales in this complex
There are 3 recent sales in this complex
Use these prices to value this 54m² unit before you bid.
Unit
Size
Year
Price
Unit 280
48m²
2026
Unit 365
54m²
2025
Unit 291
49m²
2025
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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.