3 Bedroom Apartment
423603 · Vanderbijlpark · Vanderbijlpark C. E. 3 · 3 bed · sectional · auction 31 Jul 2026
Walk away above R 429 242.78 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 475 000.00 |
| Sheriff's commission | R 17 625.00 |
| Commission VAT rate unconfirmed, as at 2018-04-01 | R 2 643.75 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 520 268.75 |
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 67 768.75 |
| Balance by 21 Aug 2026 | R 427 500.00 |
| All-in, floor to ceiling | R 520 268.75 – R 832 088.13 |
| All-in per m² at the ceiling | R 6 400.68 |
Registered against the title · 2
| Bond, Nedbank Ltd SB25344/2021 | R 926 037.00 |
| Interdict I-929/2026AT | — |
Nearby sales · 13 used of 13
= Consistent with its own 2021 sale of R 920 000.00, at -4.3% a year over 5.5 years.
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Unit 45 Vanderbijl Park Central East No 2 | R 1 003 | R 685 000 | 683 | 182 | 2025 |
| Unit 400 Vanderbijl Park Central East No 3 | R 1 279 | R 950 000 | 743 | 130 | 2026 |
| Unit 55 Erf 529 Ce3 2 Fichardt Street | R 4 662 | R 540 750 | 116 | 0 | 2025 |
| Unit 126 Erf 529 Ce3 2 Fichardt Street | R 4 890 | R 665 000 | 136 | 0 | 2024 |
| Unit 153 Erf 529 Ce3 2 Fichardt Street | R 4 924 | R 650 000 | 132 | 0 | 2025 |
| Unit 40 Erf 529 Ce3 2 Fichardt Street | R 5 185 | R 700 000 | 135 | 0 | 2026 |
| Unit 104 Erf 529 Ce3 2 Fichardt Street | R 5 338 | R 710 000 | 133 | 0 | 2024 |
| Unit 131 Erf 529 Ce3 2 Fichardt Street | R 5 481 | R 740 000 | 135 | 0 | 2025 |
| Unit 125 Erf 529 Ce3 2 Fichardt Street | R 5 556 | R 750 000 | 135 | 0 | 2025 |
| Unit 12 Erf 529 Ce3 2 Fichardt Street | R 5 690 | R 660 000 | 116 | 0 | 2025 |
| Unit 130 Erf 529 Ce3 2 Fichardt Street | R 5 778 | R 780 000 | 135 | 0 | 2024 |
| Unit 57 Erf 529 Ce3 2 Fichardt Street | R 5 889 | R 795 000 | 135 | 0 | 2025 |
| Unit 99 Erf 529 Ce3 2 Fichardt Street | R 6 015 | R 800 000 | 133 | 0 | 2025 |
| Unit 42 Erf 529 Ce3 2 Fichardt Street | R 6 296 | R 850 000 | 135 | 0 | 2025 |
| Unit 163 Erf 529 Ce3 2 Fichardt Street | R 6 504 | R 865 000 | 133 | 0 | 2026 |
13 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 606 012.93 and R 845 488.72. 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
| 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 13 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: Hammond Pole Majola Inc C/o Vermaak & Partners Attorneys (0118741800). This is the practical route to an arrears figure before auction day.