Reserve: R4,300,000
Auction ended
Sheriff auction
Property on Auction in Ruimsig, Roodepoort
Baansyfer Avenue, Ruimsig Ext 46
986m²
Erf size
This property is a piece of land measuring 986 square metres. The improvements are not guaranteed and are sold as is. Further details regarding the specific nature and condition of any existing structures are to be confirmed.
Auction date
28 Aug 2026, 10:00 (ended)
Venue
182 Progress Road, Lindhaven
Held by
Property valuation
Last sold price
Sale date
Municipal valuation
Suburb trend
Outstanding bond
Bond amount
3 similar auctions coming up near Ruimsig, Roodepoort
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.