2 Bedroom House with Lounge and Bathroom
421294 · Vereeniging · Savanna City · 2 bed · freehold · auction 30 Jul 2026
Walk away above R 362 331.48 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 390 534.00 |
| Sheriff's commission | R 16 168.69 |
| Commission VAT rate unconfirmed, as at 2018-04-01 | R 2 425.30 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 434 127.99 |
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 22 499.33 |
| Balance by 20 Aug 2026 | R 386 628.66 |
| All-in, floor to ceiling | R 434 127.99 – R 662 572.78 |
| All-in per m² at the ceiling | R 3 170.20 |
Registered against the title · 2
| Bond, Ltd B35108/2017 | R 394 779.00 |
| Interdict I-774/2026AT | — |
Nearby sales · 15 used of 15
= Consistent with its own 2017 sale of R 180 000.00, at 13.8% a year over 9.2 years.
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Erf 2281 | R 440 | R 155 255 | 353 | 144 | 2025 |
| Erf 2281 | R 1 619 | R 251 000 | 155 | 162 | 2026 |
| Erf 2281 | R 2 010 | R 420 000 | 209 | 68 | 2025 |
| Erf 2281 | R 2 083 | R 450 000 | 216 | 103 | 2023 |
| Erf 2281 | R 2 229 | R 334 339 | 150 | 87 | 2023 |
| Erf 2281 | R 2 273 | R 475 000 | 209 | 153 | 2025 |
| Erf 2281 | R 2 775 | R 580 000 | 209 | 164 | 2025 |
| Erf 2281 | R 2 839 | R 440 000 | 155 | 131 | 2025 |
| Erf 2281 | R 3 069 | R 445 000 | 145 | 77 | 2026 |
| Erf 2281 | R 3 110 | R 650 000 | 209 | 110 | 2025 |
| Erf 2281 | R 3 125 | R 650 000 | 208 | 104 | 2024 |
| Erf 2281 | R 3 325 | R 695 000 | 209 | 181 | 2025 |
| Erf 2281 | R 3 333 | R 550 000 | 165 | 120 | 2025 |
| Erf 2281 | R 4 452 | R 690 000 | 155 | 162 | 2026 |
| Erf 2281 | R 4 600 | R 690 000 | 150 | 87 | 2025 |
15 nearby sales, sold 2023 to 2026. The median runs across the rest, and the rates they span put this erf between R 91 921.52 and R 961 400.00. 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 · 9
| Sale held by | of the High Court VEREENIGING at THE SHERIFF'S OFFICE |
| At | 91GENERAL HERTZOG STREET, THREE RIVERS |
| 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 15 nearby sales, sold 2023 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: TIM DU TOIT & CO INCORPORATED ATTORNEYS ((012) 470 7777). This is the practical route to an arrears figure before auction day.