4 Bedroom House with Entertainment Room on Large Erf
423669 · Heidelberg · Rensburg · 4 bed · freehold · auction 7 Aug 2026
Walk away above R 1 118 163.21 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 391 000.00 |
| Sheriff's commission | R 16 185.00 |
| Commission VAT rate unconfirmed, as at 2018-04-01 | R 2 427.75 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 434 612.75 |
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 57 712.75 |
| Balance by 1 Sep 2026 | R 351 900.00 |
| All-in, floor to ceiling | R 434 612.75 – R 663 094.23 |
| All-in per m² at the ceiling | R 354.60 |
Registered against the title · 2
| Bond, Nedbank Ltd B28478/2008 | R 700 000.00 |
| Interdict I-4293/2019AT | — |
Nearby sales · 10 used of 10
= Consistent with its own 2003 sale of R 190 000.00, at 9.0% a year over 23.2 years.
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Erf 178 | R 441 | R 525 000 | 1190 | 259 | 2024 |
| Erf 84 | R 504 | R 600 000 | 1190 | 351 | 2025 |
| Erf 162 | R 613 | R 730 000 | 1190 | 125 | 2024 |
| Erf 496 | R 630 | R 750 000 | 1190 | 134 | 2026 |
| Erf 498 | R 630 | R 750 000 | 1190 | 184 | 2025 |
| Erf 97 | R 630 | R 750 000 | 1190 | 270 | 2023 |
| Erf 544 | R 639 | R 760 000 | 1190 | 365 | 2025 |
| Erf 125 | R 714 | R 850 000 | 1190 | 334 | 2025 |
| Erf 617 | R 782 | R 930 000 | 1190 | 383 | 2025 |
| Erf 466 | R 794 | R 630 000 | 793 | 310 | 2024 |
| Erf 223 | R 836 | R 995 000 | 1190 | 326 | 2025 |
| Erf 207 | R 857 | R 1 020 000 | 1190 | 306 | 2025 |
| Erf 190 | R 983 | R 1 170 000 | 1190 | 308 | 2025 |
| Erf 139 | R 1 176 | R 1 400 000 | 1190 | 264 | 2024 |
| Unit 23 Cisticola 42 Ag Visser Street | R 5 818 | R 320 000 | 55 | 287 | 2024 |
10 nearby sales, sold 2024 to 2025. The median runs across the rest, and the rates they span put this erf between R 825 000.00 and R 2 200 000.00. 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 · 7
| Case number | 33800/2023 |
| 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 2025, 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: VELILE TINTO & ASSOCIATES INC. ((012) 8073366). This is the practical route to an arrears figure before auction day.