🇿🇦 South Africa 1d ago · Mary Alson

3-bedroom Cape Town home goes to auction for R380 000

The South African
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3-bedroom Cape Town home goes to auction for R380 000
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Bank auctions are ramping up again as owners struggle to make payments in this economy.



In Cape Town, about half a dozen properties have gone to auction.



One has a R380 000 reserve, 59% less than the City of Cape Town’s R930 000 valuation in 2025.



Home goes for one-third of its R930 000 market valuation



This 312-square-metre semi-detached home has 3 bedrooms, 1 bathroom, a carport, and a garage.



Located on Bokmakierie Street in Kleinvlei, the City of Cape Town’s 2025 v

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