1 Bedroom Apartment
423675 · Springs · Pollak Park · 1 bed · sectional · auction 5 Aug 2026
+Pass, reserve
?Review, market
5 days
Gross yield
not computed
no rent held for Pollak Park
Under market
—
no comparable value held
Firm, figures that exist
| Bid price, reserve recited | R 100 000.00 |
| Sheriff's commission | R 6 000.00 |
| Commission VAT rate unconfirmed, as at 2018-04-01 | R 900.00 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 131 900.00 |
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 16 900.00 |
| Balance by 26 Aug 2026 | R 90 000.00 |
| All-in, floor to ceiling | R 131 900.00 – R 390 802.50 |
| All-in per m² at the ceiling | R 8 314.95 |
Registered against the title · 3
| Bond, B S A Home Loans Guarantee Co Rf Pty Ltd SB31095/2018 | R 255 000.00 |
| Interdict I-2650/2024AT | — |
| Interdict I-3830/2014C | — |
!2
interdicts registered. An interdict
restrains dealing with the property and is not extinguished by the sale in the
way a bond is. This is a question for the conveyancer before bidding, not
after.
Recited by the notice · 7
| Case number | 2023/0542 |
| Evidence read | 2026-07-31 |
Flags · 4
!conveyancing_bands
!vat_rate
!commission scale not recited in the notice - configured fallback used
!VAT status is not recited, and notices do not state it: modelled as a transfer-duty sale at R0. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R15000 in its place.
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 Inc (011-292-5777). This is the practical route to an arrears figure before auction day.