1 Bedroom Apartment with Balcony
423716 · Bloemfontein West · Brandwag · 1 bed · sectional · auction 5 Aug 2026
Walk away above R 361 838.77 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, opening, anchored to market value | R 195 833.33 |
| Sheriff's commission | R 9 354.17 |
| Commission VAT rate unconfirmed, as at 2018-04-01 | R 1 403.12 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 231 590.62 |
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 75 340.62 |
| Balance by 26 Aug 2026 | R 176 250.00 |
| All-in, floor to ceiling | R 231 590.62 – R 652 777.78 |
| All-in per m² at the ceiling | R 13 888.89 |
Registered against the title · 2
| Bond, Nedbank Ltd SB4821/2022 | R 486 037.00 |
| Interdict I-357/2026AT | — |
Nearby sales · 13 used of 13
= Consistent with its own 2022 sale of R 480 000.00, at 7.6% a year over 4.2 years.
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Unit 13030 Bloemfontein Ext 77 | R 2 057 | R 1 590 000 | 773 | 72 | 2025 |
| Unit 205 Villa Favorita | R 11 290 | R 350 000 | 31 | 0 | 2025 |
| Unit 205 Villa Favorita | R 11 290 | R 350 000 | 31 | 0 | 2025 |
| Unit 5 Lili Place 35 Dutton Crescent | R 11 441 | R 1 350 000 | 118 | 119 | 2026 |
| Unit 101 Villa Favorita | R 11 562 | R 370 000 | 32 | 0 | 2025 |
| Unit 208 Villa Favorita | R 11 613 | R 360 000 | 31 | 0 | 2026 |
| Unit 208 Villa Favorita | R 11 613 | R 360 000 | 31 | 0 | 2026 |
| Unit 204 Villa Favorita | R 13 889 | R 375 000 | 27 | 0 | 2026 |
| Unit 204 Villa Favorita | R 13 889 | R 375 000 | 27 | 0 | 2026 |
| Unit 211 Villa Favorita | R 14 074 | R 380 000 | 27 | 0 | 2024 |
| Unit 211 Villa Favorita | R 14 074 | R 380 000 | 27 | 0 | 2024 |
| Unit 108 Villa Favorita | R 15 000 | R 480 000 | 32 | 0 | 2025 |
| Unit 108 Villa Favorita | R 15 000 | R 480 000 | 32 | 0 | 2025 |
| Unit 109 Villa Favorita | R 15 862 | R 460 000 | 29 | 0 | 2025 |
| Unit 109 Villa Favorita | R 15 862 | R 460 000 | 29 | 0 | 2025 |
13 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 530 645.16 and R 745 517.24. 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 · 8
| Registration to bid, refundable | R 45 000.00 |
| At | 6A THIRD STREET, ARBORETUM |
| Case number | 5645/2024 |
| Evidence read | 2026-07-31 |
Flags · 4
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 13 nearby sales, sold 2024 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: HILL (012-748 6200). This is the practical route to an arrears figure before auction day.