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ABSA PIP(Property In Possession): Online Auction – Spacious 2 Bed 1 Bath Apartment in Verulam, KwaZulu-Natal!

October 22 @ 12:00 pm - 2:00 pm

R510000

Online Auction

Starting Bid: R 510 000-00

Auction Date: Thursday, 22 October 2026 from 12h00 to 14h00

Viewing: By Appointment

 

Situated in the established residential area of Cordoba Gardens, Imbali, this two-bedroom apartment offers practical and comfortable living with convenient access to everyday amenities.

The apartment features two bedrooms and one bathroom, making it well suited to first-time buyers, couples, small families, or investors looking to expand their property portfolio.

The second bedroom provides added flexibility and can be used as a child’s room, guest bedroom, or home office.

The property is conveniently located near schools, childcare facilities, shopping centres, healthcare services, and other essential amenities, helping to make everyday living easier and more accessible.

With its practical layout and convenient location, this apartment presents an appealing opportunity for buyers looking for an affordable home or residential investment.

 

Photo Disclosure:

Please note that some images may have been digitally enhanced or edited for marketing purposes. The photographs show common living areas of an empty unit within the same complex and are not photographs of the actual unit being sold. These images are used for marketing purposes only and should not be relied upon as an exact representation. Interested buyers are encouraged to arrange a viewing and inspect the actual unit before submitting an offer.

 

AUCTION TERMS

– 10% Deposit payable on fall of the hammer

– 21-Day Acceptance Period

– Alternative Offers may be considered during the acceptance period

– 45-Day Guarantee Period

– 5% Seller’s Commission applies

– Certificates of Compliance: Purchaser’s account (ABSA may provide if available)

– Outstanding Rates & Taxes: Seller’s account

– Occupation on Registration – early occupation may be considered

 

Contact the agent for full auction terms and registration assistance.

 

Vacant Occupation is not Guaranteed!

 

To participate in this Online Property Auction, please click the button below to start the registration process.

You’ll first be taken to the Rules of Auction, which must be read and signed.

After signing, you’ll be asked to upload the required documents. (ID Copy)

Once submitted, use the PayFast link to pay the R250-00 non-refundable admin fee.

Once your documents are submitted and payment is confirmed, you can create a username and password to log in and place bids.

Register to Bid