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Site Navigation: Home » Breaking News

Breaking NewsGauteng HeadlinesNews

Gupta Mansions Up For Sale in South Africa: Saxonwold Luxury Estates Head to Auction

Last updated: June 20, 2025 12:20 pm
Divinity Mokgwatshane
4 Min Read
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Gupta Mansions Up For Sale in South Africa: Saxonwold Luxury Estates Head to Auction
Daily Investor
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Three opulent Gupta-owned Saxonwold homes — including a grand 17-bedroom villa — are up for auction as legal saga nears its final chapter.

The End of an Era: Gupta Mansions Go Under the Hammer in South Africa

Gupta Mansions Up for Sale: The opulent legacy of the controversial Gupta family is being dismantled — one mansion at a time. Three luxurious properties in Johannesburg’s elite Saxonwold suburb, owned by Gupta-linked company Confident Concept, are officially up for auction. After years of legal turmoil, financial distress, and municipal disputes, these properties are now offering a rare glimpse — and a bidding opportunity — into one of South Africa’s most infamous households.

Contents
  • The Legal Backdrop: Seven Years of Drama
  • What’s on the Auction Block?
  • Viewing & Auction Details
  • A Piece of History

The Legal Backdrop: Seven Years of Drama

Since 2018, Confident Concept has been entangled in a web of litigation. The company was placed in business rescue following severe financial issues, compounded by disputes with the City of Johannesburg over nearly R726,000 in unpaid rates and taxes as of 2022. Simultaneous legal battles involving internal control, asset management, and zoning complications complicated matters further.

In a significant legal ruling, the Supreme Court of Appeal approved the auctioning of these high-profile properties — finally clearing the path for creditors and curious buyers alike.

What’s on the Auction Block?

The three Saxonwold Drive properties range from stately to jaw-dropping:


🏛️ 5 Saxonwold Drive

  • Size: 4,207 sqm
  • Highlights: Eight sprawling bedrooms, a private indoor swimming pool, multiple entertainment zones, and large-scale garages
  • Status: One of the most prestigious homes in Johannesburg North
  • Auction Deposit: R500,000 refundable

🎭 7 Saxonwold Drive

  • Size: Panhandle three-storey mansion
  • Highlights: An unbelievable 17 en-suite bedrooms, triple-volume atrium foyer, cinema lounge, beauty salon, lounges, and staff quarters
  • Development Potential: Zoned Residential 1 — could be split into 3+ units with approval
  • Auction Deposit: R500,000 refundable

🏡 3 Saxonwold Drive

  • Size: Classic single-storey home
  • Highlights: Three bedrooms, a single garage, a storeroom, and basic staff accommodation
  • Perfect For: Redevelopment or low-key residence
  • Auction Deposit: R250,000 refundable

Each mansion’s contents — including furniture and appliances — will also be sold as a single lot per property, offering a complete package to lucky bidders.

Viewing & Auction Details

Public viewings will take place on:
📍 July 6th, 13th, 19th, and 20th
🕙 10:00 to 16:00

Interested buyers can explore the estates firsthand before placing bids.

The final simulcast auction will be hosted by Park Village Auctions:
📆 Thursday, 24 July
🕚 11:00 AM
🌐 www.parkvillageauctions.co.za

This auction promises more than just a real estate exchange — it’s the symbolic end to a long legal and political saga surrounding one of South Africa’s most controversial families.


A Piece of History

Whether you’re a high-end investor, property developer, or just someone drawn to the headlines, this rare opportunity to buy into Saxonwold’s history is not to be missed. The lavishness and controversy tied to these homes ensure they’ll be watched — and perhaps fought over — closely.

As Park Village Auctions’ Clive Lazarus aptly put it, this sale could be the “beginning of the end” of a long-standing chapter in South Africa’s political and real estate history.

Also read: Who Went to Paris with Paul? Tenderpreneur Joins Mashatile’s France-SA Business Trip

TAGGED:Confident Concept auctionGupta homes JohannesburgGupta mansions for saleGupta properties auctionGupta property newsJohannesburg property saleluxury homes for sale GautengPark Village AuctionsSaxonwold auctionSouth Africa Gupta estate auction
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