2 Bedroom Home with Outbuilding on 409 sqm Erf
423609 · Sandton North · Paulshof Ext 41 · 2 bed · freehold · auction 4 Aug 2026
Firm, figures that exist
| Bid price, reserve published on the listing | R 1 110 000.00 |
| Sheriff's commission | R 27 150.00 |
| Commission VAT rate unconfirmed, as at 2018-04-01 | R 4 072.50 |
| Transfer duty | R 300.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 60 000.00 |
| Firm cost | R 1 201 522.50 |
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 142 522.50 |
| Balance by 25 Aug 2026 | R 999 000.00 |
| All-in, floor to ceiling | R 1 201 522.50 – R 1 506 267.25 |
| All-in per m² at the ceiling | R 3 682.81 |
Registered against the title · 2
| Bond, Pty Ltd B41918/2022 | R 1 730 000.00 |
| Interdict I-374/2026AT | — |
Recited by the notice · 7
| Case number | 2023/0991 |
| 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.
Attorneys for the execution creditor: Lowndes Dlamini (011-292-5777). 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.