Reserve: R1,572,000
Auction ended
Sheriff auction
4 Bedroom House on Auction in Vaalpark, Sasolburg
31 Schoeman Street, Vaal Park
4
Bedrooms
3
Bathrooms
3
Garages
1,983m²
Erf size
This is a freestanding, single-storey house with brick walls and a tile roof. The main building features 4 bedrooms, 3 bathrooms, a lounge, dining room, kitchen, scullery, laundry, family room, study, and a toilet. It also includes outbuildings with 3 garages, a lapa, and paved boundaries. Additionally, there is a separate flatlet with 2 bedrooms, 2 bathrooms, a kitchen, and a lounge.
Property valuation
Last sold price
Sale date
Municipal valuation
Suburb trend
Outstanding bond
Bond amount
3 similar auctions coming up near Vaalpark, Sasolburg
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.