PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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3 Bedroom House with Outbuilding

423720 · Durban West · Carrington Heights · 3 bed · freehold · auction 3 Aug 2026

+Pass, reserve ?Review, market 3 days
Gross yield
not computed
no rent held for Carrington Heights
Under market
no comparable value held

Firm, figures that exist

Bid price, reserve published on the listing R 950 000.00
Sheriff's commissionR 24 750.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 3 712.50
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 40 000.00
Firm costR 1 018 462.50

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 80 000.00
Remediation R 0.00R 50 000.00
Eviction R 0.00R 45 000.00
Holding cost R 4 500.00R 13 500.00
Provisioned range R 4 500.00R 188 500.00

Cash

On auction dayR 123 462.50
Balance by 24 Aug 2026 R 855 000.00
All-in, floor to ceiling R 1 018 462.50R 1 323 601.25
All-in per m² at the ceilingR 811.53

Registered against the title · 2

Bond, Nedbank Limited B21453/2021 R 1 206 037.00
Interdict I-820/2024AT
!1 interdict 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

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 R142500 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: Strauss Daly Attorneys (0315705603). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision