Reserve: R1,045,000
Auction ended
Sheriff auction
2 Bedroom Flat on Auction in Edenburg, Sandton
Unit 23 Terraces On 12Th, 122 12Th Street, Edenburg
2
Bedrooms
1
Bathroom
137m²
Size
This is a 2 Bedroom, 1 Bathroom apartment with a lounge and dining room. The floor area is 137 sqm. The property is part of a sectional title scheme.
Auction date
13 Oct 2026, 09:00 (ended)
Venue
4 River Road, Riverview Office Park, Halfway House Gardens Ext 100, Midrand
Held by
Property valuation
Last sold price
Sale date
Municipal valuation
Suburb trend
Outstanding bond
Bond amount
Recent sales in Terraces On 12Th
There are 4 recent sales in this complex
Use these prices to value this 137m² unit before you bid.
Unit
Size
Year
Price
Unit 15
102m²
2025
Unit 1
116m²
2024
Unit 25
116m²
2024
Unit 17
138m²
2024
3 similar auctions coming up near Edenburg, Sandton
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.