Reserve: R420,000
Auction ended
Sheriff auction
2 Bedroom House on Auction in Vereeniging NU, Vereeniging
994 Paddlefish Street, Watervalspruit Ext 9
2
Bedrooms
1
Bathroom
152m²
Erf size
2 Bedroom freehold house comprising a lounge, kitchen, bathroom, and separate shower. Set on a compact 152 square metre erf, the property offers a straightforward residential layout. Ideal for first-time buyers or investors looking for an affordable project.
Property valuation
Last sold price
Sale date
Municipal valuation
Suburb trend
Outstanding bond
Bond amount
3 similar auctions coming up near Vereeniging NU, Vereeniging
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.