No Reserve!
Auction ended
Sheriff auction
Farm on Auction in Riebeeckstad, Welkom
Portion 11, Wonderkop, Riebeeckstad
2
Garages
64 ha
Land size
This expansive property features a lodge with restaurant, bar, conference facilities, and a bush pub. It also includes a house with a private pool, multiple guest rooms, self-catering units, and staff accommodation. The land is mostly level and fenced, with diverse vegetation suitable for grazing animals. The property is situated 10km from Welkom CBD and offers 24-hour security.
Property valuation
Last sold price
Sale date
Municipal valuation
Suburb trend
Outstanding bond
Bond amount
3 similar auctions coming up near Riebeeckstad, Welkom
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.