4 Bedroom House with Separate 2 Bedroom Cottage
423709 · East London · Abbotsford · 4 bed · freehold · auction 31 Jul 2026
Firm, figures that exist
| Bid price, reserve published on the listing | R 3 100 000.00 |
| Sheriff's commission | R 40 000.00 |
| Commission VAT rate unconfirmed, as at 2018-04-01 | R 6 000.00 |
| Transfer duty | R 138 600.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 60 000.00 |
| Firm cost | R 3 344 600.00 |
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 494 600.00 |
| Balance by 21 Aug 2026 | R 2 790 000.00 |
| All-in, floor to ceiling | R 3 344 600.00 – R 3 877 200.00 |
| All-in per m² at the ceiling | R 570.93 |
Registered against the title · 7
| Bond, Investec Bank Ltd B2352/2011 | R 4 000 000.00 |
| Bond, Investec Bank Ltd B4034/2019 | R 1 000 000.00 |
| Bond, Investec Bank Ltd B228/2013 | R 1 000 000.00 |
| Bond, Investec Bank Ltd B1625/2016 | R 1 278 000.00 |
| Interdict I-52/2026AT | — |
| Interdict I-149/2018LG | — |
| Interdict I-148/2018LG | — |
Recited by the notice · 7
| Occupancy | occupied |
| Case number | 3978/2022 |
| 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.
Attorneys for the execution creditor: BLC ATTORNEYS c/o WHITESIDES ATTORNEYS (046 622 7117). 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.