PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

← Ranked

4 Bedroom Apartment in Treehaven Heights

423721 · Verulam · Foresthaven · 4 bed · sectional · auction 31 Jul 2026

+Pass, reserve ?Review, market 0 days
Gross yield
not computed
no rent held for Foresthaven
Under market
no comparable value held

Firm, figures that exist

Bid price, reserve published on the listing R 400 000.00
Sheriff's commissionR 16 500.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 2 475.00
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 443 975.00

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 58 975.00
Balance by 21 Aug 2026 R 360 000.00
All-in, floor to ceiling R 443 975.00R 733 165.00
All-in per m² at the ceilingR 14 375.78

Registered against the title · 3

Bond, Proprietary Limited SB2093/2020 R 378 250.00
Bond, Nedbank Limited SB18177/2014 R 325 000.00
Interdict I-483/2024AT
!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

Case number6563/2203
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 R60000 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: JOHNSTON AND PARTNERS (031 5369700). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision