Reserve: R360,000
Auction ended
Sheriff auction
Flat on Auction in Rembrandt Park, Johannesburg
Unit 7 Riverside Close, Unit 7 Riverside Close, Rembrandt Park Ext 4
129m²
Size
This is a 2 Bedroom apartment located in the Riverside Close scheme. It features 2 bathrooms and offers a comfortable living space within its 129 square meters. The property includes a single garage and a swimming pool, making it an attractive option for potential buyers. While the exact condition is not guaranteed, it is presented as a townhouse (flat) with residential zoning.
Auction date
25 Aug 2026, 11:00 (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 Riverside Close
There are 5 recent sales in this complex
Use these prices to value this 129m² unit before you bid.
Unit
Size
Year
Price
Unit 50
92m²
2025
Unit 29
83m²
2025
Unit 1
128m²
2025
Unit 3
129m²
2025
Unit 20
99m²
2024
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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.