Reserve: R500,000
Auction ended
Sheriff auction
3 Bedroom Flat on Auction in Retreat, Cape Town Southern Suburbs
Door 22A, Unit 55 The Oaks, 69 Chad Road, Cape Town
3
Bedrooms
1
Bathroom
73m²
Size
Second floor apartment featuring 3 bedrooms and 1 bathroom. The building has a tile roof structure. Located on the second floor of the apartment block.
Property valuation
Last sold price
Sale date
Municipal valuation
Suburb trend
Outstanding bond
Bond amount
Recent sales in The Oaks
There are 4 recent sales in this complex
Use these prices to value this 73m² unit before you bid.
Unit
Size
Year
Price
Unit 25
38m²
2025
Unit 51
37m²
2025
Unit 35
66m²
2024
Unit 56
37m²
2024
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In 8 days
10 Nov 2026
Buying at a sheriff auction
How does a sheriff auction work?
The sheriff sells the property to the highest bidder on the auction day. Register with the sheriff before bidding and bring your ID and proof of address.
What deposit do I need?
Usually 10% of the purchase price on the day, plus the sheriff’s commission. You’ll need a bank guarantee for the balance within the period set in the conditions of sale.
Can I view the property before the auction?
Usually not — sheriff auctions are sold as-is (voetstoots). Recent sales and satellite imagery help you judge value without going inside.
What does “No Reserve” mean?
There is no minimum price. The property can be sold to the highest bid, subject to the plaintiff’s confirmation.