A luxury home paid for with ill-gotten lottery money by Tsotsi and The Bold and the Beautiful actress Terry Pheto went unsold when it went under the hammer on Thursday 2 March, despite 28 bidders signing up for the auction. Auctioneer Graham Renfrew of Asset Auctions said they would now approach these bidders to solicit offers on the three-storey home, an asset that was frozen by the Special Tribunal last year. The auctioneers had hoped to sell the house for over R4 million.
The 502-square metre property in upmarket Bryanston in Johannesburg has three bedrooms, two bathrooms, a kitchen, an open-plan dining room with a family room, lounge, a large rooftop garden with an entertainment area, a double garage, and a maid’s quarters. It is in a complex that has 24-hour security and is close to the Gautrain bus stop. It is also close to Johannesburg’s green belt. Auctioneers are now in the process of contacting interested bidders.
An indication that funds are leaving SA and not buying SA assets
She is young and she should have been living at ekasi with her parents as for siphoning lottery executives know better
Overpriced?