How much did the house Tshepiso Magashule was evicted from fetch at auction?

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South Africa Headlines News

The name of the person who bought the Gupta-owned Saxonwold house is not being disclosed

A Gupta-owned property auctioned in November. Picture: PARK VIEW AUCTIONS

The Mail & Guardian reported in October that Tshepiso Magashule had to be forcefully removed from the Saxonwold property he was living in, after months of resistance.This was one the first of several Saxonwold-based Gupta-owned properties to be auctioned.According to Park Village Auctions,luxury home comprises an entrance foyer, lounge, TV room, dining room, kitchen, three bedrooms and two bathrooms . A covered patio gives access to a front garden and swimming pool.

A deposit was paid and if the offer is accepted the buyer will have 30 days to pay the balance or produce guarantees.PVA’s Clive Lazarus said it was likely that the offer would be accepted. He“Though these matters take time, the wheel is starting to turn. The BRP and joint auctioneers Park Village Auctions and GoIndustry DoveBid are foremost ensuring that the law is upheld to the letter and note that transparency in the process is paramount,” he said.

 

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