Bidding to start from R 1,500,000 | Live Auction: 18 March 2026

This 6 bedroom residential property is situated on a substantial 3,973 m² freehold stand within a boomed-off area in the established Edenburg node of Rivonia. The improvements extend to approximately 565 m² under roof and comprise multiple living areas, 6 bedrooms and 3.5 bathrooms, with double-volume thatch sections forming part of the existing structure. The dwelling is dated and requires maintenance and upgrading, presenting a clear opportunity for refurbishment, reconfiguration or potential redevelopment subject to the necessary approvals. The size of the erf provides scope for extension or repositioning, making the asset suitable for large family occupation, multi-generational living or a value-add residential project within a secure and well-located Sandton precinct.

Key Features:

• 3,973 m² freehold residential stand within a boomed-off area

• 6 bedrooms and 3.5 bathrooms

• Approximately 565 m² under roof with multiple living areas

• Dated improvements offering refurbishment or redevelopment potential

• Established Edenburg location with access to Sandton and major routes

Auction Terms and Buyer Information:

• Buyer Costs: 16.5% payable on auction day (10% commission + VAT on commission + 5% deposit towards purchase price)

• Registration Fee: R50,000 (live/venue bidders) | R100,000 (telephonic/online bidders)

All bids constitute a legally binding offer, and the highest bidder is required to sign the Auction Sale Agreement immediately upon the fall of the hammer; failure or refusal to sign constitutes a breach and results in forfeiture of the registration deposit. The sale is subject to a reserve price unless otherwise stated. The property is sold voetstoots, as-is with no warranties or guarantees, and all bidders must provide valid FICA documentation prior to registration.