no description published
423670 · Vereeniging · Drieziek Ext 3 · freehold · auction 30 Jul 2026
Firm, figures that exist
| Bid price, reserve published on the listing | R 230 650.00 |
| Sheriff's commission | R 10 572.75 |
| Commission VAT rate unconfirmed, as at 2018-04-01 | R 1 585.91 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 267 808.66 |
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 35 223.66 |
| Balance by 20 Aug 2026 | R 207 585.00 |
| All-in, floor to ceiling | R 267 808.66 – R 480 302.03 |
| All-in per m² at the ceiling | R 2 125.23 |
Registered against the title · 1
| Bond, Pty Ltd B17112/2022 | R 295 000.00 |
Nearby sales · 12 used of 12
! This value implies -17.0% a year against its own 2021 sale of R 340 000.00, outside what the rest of the census shows. Treat it as unverified until someone has looked.
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Erf 5908 | R 18 | R 5 200 | 288 | 225 | 2025 |
| Erf 2601 | R 31 | R 6 500 | 210 | 219 | 2023 |
| Erf 6558 | R 120 | R 31 929 | 266 | 38 | 2024 |
| Erf 6134 | R 200 | R 50 000 | 250 | 181 | 2025 |
| Erf 6413 | R 484 | R 135 000 | 279 | 77 | 2022 |
| Erf 6169 | R 560 | R 140 000 | 250 | 151 | 2025 |
| Erf 6508 | R 644 | R 145 000 | 225 | 106 | 2024 |
| Erf 6494 | R 645 | R 180 000 | 279 | 105 | 2026 |
| Erf 5907 | R 671 | R 200 000 | 298 | 213 | 2022 |
| Erf 6508 | R 1 111 | R 250 000 | 225 | 106 | 2025 |
| Erf 6376 | R 1 111 | R 250 000 | 225 | 152 | 2024 |
| Erf 2515 | R 1 232 | R 250 000 | 203 | 249 | 2025 |
| Erf 5899 | R 1 285 | R 370 000 | 288 | 132 | 2026 |
| Erf 6251 | R 1 440 | R 360 000 | 250 | 273 | 2025 |
| Erf 5799 | R 2 330 | R 650 000 | 279 | 246 | 2025 |
12 nearby sales, sold 2022 to 2026. The median runs across the rest, and the rates they span put this erf between R 4 080.56 and R 526 523.30. 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 | VEREENIGING |
| Case number | 2024/0438 |
| 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 12 nearby sales, sold 2022 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 (011 274 9800). This is the practical route to an arrears figure before auction day.