Cape Town – Three properties in Saxonwold, Johannesburg, once owned by the Gupta family and central to state capture allegations, have been sold in a private deal for R34.5 million to a single buyer.
The sale, handled by Park Village Auctions, includes numbers 3, 5 and 7 Saxonwold Drive, along with their contents.
🔔 Successful Sales at the Gupta Compound Auction!
🚪 3 Saxonwold went for R4.6 Million
🪑 5 Saxonwold went for R16.4 Million
🖼️ 7 Saxonwold went for R13.4 Million
🚚 Movable Assets sold for R455 400Visit https://t.co/ku3q00csI8 pic.twitter.com/gywv4TtK7w
— Park Village Auction (@PVAuctions) August 12, 2025
According to Times Live, the buyer also separately purchased a neighbouring property, 7A Saxonwold Drive, for R6.5 million. Initially valued at R64 million, the properties failed to meet reserve prices at auction, prompting a private sale.
The Gupta family, who fled South Africa in 2018, allegedly used the lavish compound to entertain politicians and influence state contracts.
The government is still seeking their extradition.
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Compiled by Betha Madhomu
