4 Bedroom Family Home with Staff Quarters and Pool
415993 · Benoni · Lakefield · 4 bed · freehold · auction 17 Sep 2026
Walk away above R 3 313 652.05 Bid more than this and the all-in cost, provisions at full, passes what the property is worth. It is a ceiling on the bid, not a forecast of it, and it moves with the provisions.
Firm, figures that exist
| Bid price, reserve published on the listing | R 1 600 000.00 |
| Sheriff's commission | R 34 500.00 |
| Commission VAT rate unconfirmed, as at 2018-04-01 | R 5 175.00 |
| Transfer duty | R 17 625.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 60 000.00 |
| Firm cost | R 1 717 300.00 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 80 000.00 |
| Remediation | R 0.00 – R 50 000.00 |
| Eviction | R 0.00 – R 45 000.00 |
| Holding cost | R 4 500.00 – R 13 500.00 |
| Provisioned range | R 4 500.00 – R 188 500.00 |
Cash
| On auction day | R 217 300.00 |
| Balance by 8 Oct 2026 | R 1 440 000.00 |
| All-in, floor to ceiling | R 1 717 300.00 – R 2 078 160.00 |
| All-in per m² at the ceiling | R 874.28 |
Registered against the title · 5
| Bond, Nedbank Ltd B34068/2005 | R 975 000.00 |
| Interdict I-913/2015AT | — |
| Interdict I-2501/2007AT | — |
| Interdict I-1989/2010AT | — |
| Interdict I-711/2006AT | — |
Nearby sales · 3 used of 4
= Consistent with its own 2005 sale of R 975 000.00, at 6.5% a year over 21.5 years.
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Erf 2715 | R 805 | R 3 900 000 | 4844 | 152 | 2025 |
| Erf 218 | R 1 452 | R 3 000 000 | 2066 | 173 | 2025 |
| Erf 214 | R 1 586 | R 3 250 000 | 2049 | 114 | 2026 |
| Erf 222 | R 1 589 | R 3 150 000 | 1983 | 158 | 2024 |
| Erf 3573 out | R 1 966 | R 3 000 000 | 1526 | 277 | 2025 |
| Erf 3579 | R 2 038 | R 1 700 000 | 834 | 306 | 2025 |
| Erf 392 | R 3 396 | R 1 450 000 | 427 | 221 | 2025 |
| Erf 3562 | R 4 873 | R 2 500 000 | 513 | 272 | 2025 |
| Unit 152 Highgate 10 Sunny Road | R 6 764 | R 649 371 | 96 | 308 | 2025 |
| Unit 52 Highgate 10 Sunny Road | R 8 136 | R 480 000 | 59 | 308 | 2025 |
| Unit 70 Highgate 10 Sunny Road | R 8 629 | R 535 000 | 62 | 308 | 2025 |
| Unit 39 Highgate 10 Sunny Road | R 9 274 | R 575 000 | 62 | 308 | 2025 |
| Unit 124 Highgate 10 Sunny Road | R 10 411 | R 760 000 | 73 | 308 | 2026 |
| Unit 19 Highgate 10 Sunny Road | R 10 426 | R 980 000 | 94 | 308 | 2025 |
| Unit 95 Highgate 10 Sunny Road | R 12 174 | R 560 000 | 46 | 308 | 2025 |
3 nearby sales, sold 2024 to 2026; 1 excluded as outliers. The 1 marked out sit beyond three median absolute deviations of the rate: improved property filed against a vacant erf, or a transfer not at arm's length. They are struck through rather than dropped, so the exclusion can be argued with. The median runs across the rest, and the rates they span put this erf between R 3 451 597.29 and R 3 775 869.89. Sizes are in m² and distances in metres. Evidence about the area, not a valuation of this property, which nobody has inspected.
Recited by the notice · 7
| Sale held by | OF THE HIGH COURT STORAGE FACILITY |
| Case number | 69739/2018 |
| Evidence read | 2026-07-31 |
Flags · 5
The municipal arrears figure is a provision, not a quote. A non-owner may not obtain the clearance figure from the municipality; the sheriff gives an estimate on the day. Do not bid against the midpoint of this range.
Market value is derived from 3 nearby sales, sold 2024 to 2026; 1 excluded as outliers, at the median of rate per square metre. It is evidence about the area, not a valuation of this property, which nobody has inspected.
Attorneys for the execution creditor: Bham and Dahya Attorneys ((010) 498-5287). This is the practical route to an arrears figure before auction day.
Transfer duty is normally paid to SARS through the conveyancer before registration, not on auction day. Section 7.2 includes it in the auction-day figure; confirm the timing with the conveyancer.