Actress Terry Pheto’s House Finally Sold for R3.9 Million

Actress Terry Pheto’s luxury house was finally sold to an unidentified Johannesburg businessman for R3.9 million.

The house which is situated in Bryanston was put under auction by the National Prosecuting Authority’s Asset Forfeiture Unit.

The house was put on auction early this month but it failed to attract any interested buyers then.

Finally offers ranging from R1.7 to R3.9 million were received.

Atleast eight offers were ranging from R3.5 million to R3.9 million. The highest offer of R3.9 million was accepted.

The house and land were both paid for in cash using Lottery funds.