3 Bedroom Apartment with Balcony and Patio
419356 · Vanderbijlpark · New Redruth · 3 bed · sectional · auction 23 Sep 2026
Walk away above R 785 679.49 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, opening, anchored to market value | R 329 942.24 |
| Sheriff's commission | R 14 047.98 |
| Commission VAT rate unconfirmed, as at 2018-04-01 | R 2 107.20 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 371 097.42 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 80 000.00 |
| Remediation | R 0.00 – R 50 000.00 |
| Levy arrears | R 0.00 – R 60 000.00 |
| 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 248 500.00 |
Cash
| On auction day | R 49 149.40 |
| Balance by 14 Oct 2026 | R 296 948.02 |
| All-in, floor to ceiling | R 371 097.42 – R 1 099 807.46 |
| All-in per m² at the ceiling | R 6 625.35 |
Registered against the title · 3
| Bond, B S A Home Loans Guarantee Co Rf Pty Ltd SB16070/2017 | R 305 000.00 |
| Bond, B S A Home Loans Guarantee Co Rf Pty Ltd SB30231/2015 | R 650 000.00 |
| Interdict I-2627/2026AT | — |
Nearby sales · 10 used of 10
= Consistent with its own 1998 sale of R 148 000.00, at 7.4% a year over 28.2 years.
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Unit 425 New Redruth | R 3 969 | R 1 099 500 | 277 | 150 | 2025 |
| Unit 424 New Redruth | R 4 193 | R 2 000 000 | 477 | 110 | 2025 |
| Unit 349 New Redruth | R 4 274 | R 1 500 000 | 351 | 124 | 2025 |
| Unit 366 New Redruth | R 4 954 | R 1 600 000 | 323 | 150 | 2025 |
| Unit 363 New Redruth | R 5 205 | R 1 775 000 | 341 | 123 | 2025 |
| Unit 422 New Redruth | R 5 338 | R 1 500 000 | 281 | 132 | 2025 |
| Unit 349 New Redruth | R 5 627 | R 1 975 000 | 351 | 124 | 2025 |
| Unit 9 Lezar House 18 Penzance Street | R 6 017 | R 710 000 | 118 | 0 | 2025 |
| Unit 488 New Redruth | R 6 075 | R 1 950 000 | 321 | 200 | 2026 |
| Unit 355 New Redruth | R 6 299 | R 2 400 000 | 381 | 63 | 2024 |
| Unit 361 New Redruth | R 7 176 | R 1 550 000 | 216 | 97 | 2024 |
| Unit 4 St Ives 47 Saint Michael Road | R 9 195 | R 1 600 000 | 174 | 148 | 2025 |
| Unit 1 Ralstonhof 38 Saint Aubyn Road | R 10 227 | R 1 800 000 | 176 | 32 | 2024 |
| Unit 3 San Marco 49 Saint Michael Road | R 11 677 | R 1 950 000 | 167 | 187 | 2025 |
| Unit 3 Roelhof 29 Saint Aubyn Road | R 12 637 | R 2 300 000 | 182 | 207 | 2026 |
10 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 658 906.14 and R 2 097 802.20. 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 · 5
| Sale held by | VANDERBIJLPARK HL |
| Case number | 43231/2024 |
| Evidence read | 2026-07-31 |
Flags · 4
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 10 nearby sales, sold 2024 to 2026, 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.