2 Bedroom House
423673 · Vereeniging · Savannah City · 2 bed · freehold · auction 30 Jul 2026
Walk away above R 148 748.97 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 315 000.00 |
| Sheriff's commission | R 13 525.00 |
| Commission VAT rate unconfirmed, as at 2018-04-01 | R 2 028.75 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 355 553.75 |
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 47 053.75 |
| Balance by 20 Aug 2026 | R 283 500.00 |
| All-in, floor to ceiling | R 355 553.75 – R 576 821.63 |
| All-in per m² at the ceiling | R 3 454.02 |
Registered against the title · 4
| Bond, Pty Ltd B17267/2023 | R 359 000.00 |
| Interdict I-1227/2026AT | — |
| Interdict I-7183/2015C | — |
| Interdict I-7182/2015C | — |
Nearby sales · 7 used of 7
= Consistent with its own 2022 sale of R 406 000.00, at -2.4% a year over 3.8 years.
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Erf 5634 | R 555 | R 127 691 | 230 | 122 | 2024 |
| Erf 5636 | R 558 | R 127 691 | 229 | 123 | 2024 |
| Erf 5714 | R 638 | R 127 691 | 200 | 111 | 2024 |
| Erf 5635 | R 676 | R 127 691 | 189 | 122 | 2024 |
| Erf 5625 | R 687 | R 127 691 | 186 | 53 | 2024 |
| Erf 5653 | R 709 | R 127 691 | 180 | 45 | 2024 |
| Erf 5669 | R 709 | R 127 691 | 180 | 111 | 2024 |
| Erf 5576 | R 709 | R 127 691 | 180 | 122 | 2024 |
| Erf 5657 | R 1 389 | R 250 000 | 180 | 40 | 2024 |
| Erf 5797 | R 1 429 | R 350 000 | 245 | 132 | 2024 |
| Erf 5713 | R 1 569 | R 295 000 | 188 | 106 | 2025 |
| Erf 5632 | R 2 222 | R 400 000 | 180 | 104 | 2024 |
| Erf 5605 | R 2 222 | R 400 000 | 180 | 157 | 2025 |
| Erf 5572 | R 2 306 | R 415 000 | 180 | 118 | 2024 |
| Erf 5720 | R 2 476 | R 520 000 | 210 | 114 | 2025 |
7 nearby sales, sold 2024 to 2025. The median runs across the rest, and the rates they span put this erf between R 231 944.44 and R 413 523.81. 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 | 2025/0183 |
| 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 7 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: TIM DU TOIT & CO INCORPORATED ATTORNEYS (011 274 9800). This is the practical route to an arrears figure before auction day.