PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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3 Bedroom Apartment with Balcony and Garden

423676 · Kempton Park · Serengeti Golf and Wildlife Estate · 3 bed · sectional · auction 6 Aug 2026

+Pass, reserve ?Review, market 6 days
Gross yield
not computed
no rent held for Serengeti Golf and Wildlife Estate
Under market
no comparable value held

Firm, figures that exist

Bid price, reserve published on the listing R 2 200 000.00
Sheriff's commissionR 40 000.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 6 000.00
Transfer dutyR 55 275.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 60 000.00
Firm costR 2 361 275.00

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 80 000.00
Remediation R 0.00R 50 000.00
Levy arrears R 0.00R 60 000.00
Eviction R 0.00R 45 000.00
Holding cost R 4 500.00R 13 500.00
Provisioned range R 4 500.00R 248 500.00

Cash

On auction dayR 321 275.00
Balance by 27 Aug 2026 R 1 980 000.00
All-in, floor to ceiling R 2 361 275.00R 2 847 375.00
All-in per m² at the ceilingR 13 957.72

Registered against the title · 3

Bond, Pty Ltd SB21691/2023 R 678 820.00
Interdict I-1210/2026AT
Interdict I-3954/2025AT
!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 number2024/0531
Evidence read 2026-07-31

Flags · 5

!conveyancing_bands
!transfer_duty_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 R55275. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R330000 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 (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.

Keep this one Favourites hold a shortlist, not a decision