Reserve: R380,689
Auction ended
Sheriff auction
2 Bedroom House on Auction in Olifantsvlei 327-Iq, Johannesburg South
14 Teak Street, Alveda Ext 2
2
Bedrooms
1
Bathroom
1
Garage
481m²
Erf size
This is a single-story house featuring brick walls and tiled floors. It includes a lounge, kitchen, 2 bedrooms, 1 bathroom, and a toilet. Additional features include a carport, brick boundary fence, swimming pool, and paving.
Auction date
14 Apr 2026, 10:00 (ended)
Venue
61 Van Riebeeck Street
Held by
Property valuation
Last sold price
Sale date
Municipal valuation
Suburb trend
Outstanding bond
Bond amount
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.