2 Bedroom Apartment with Garage
425131 · Roodepoort North · Grobler Park · 2 bed · sectional · auction 14 Aug 2026
Walk away above R 297 508.86 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, reserve recited | R 150 000.00 |
| Sheriff's commission | R 7 750.00 |
| Commission VAT rate unconfirmed, as at 2018-04-01 | R 1 162.50 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 183 912.50 |
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 23 912.50 |
| Balance by 4 Sep 2026 | R 135 000.00 |
| All-in, floor to ceiling | R 183 912.50 – R 448 016.25 |
| All-in per m² at the ceiling | R 4 480.16 |
Registered against the title · 2
| Bond, South African Home Loans Guarantee Trust SB3792/2007 | R 562 500.00 |
| Interdict I-5103/2024AT | — |
Nearby sales · 15 used of 15
= Consistent with its own 1996 sale of R 17 985.00, at 12.5% a year over 29.6 years.
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Unit 196 Groblersrus 695 Corlett Avenue | R 3 800 | R 380 000 | 100 | 0 | 2025 |
| Unit 36 Groblersrus 695 Corlett Avenue | R 4 592 | R 450 000 | 98 | 0 | 2025 |
| Unit 54 Groblersrus 695 Corlett Avenue | R 4 592 | R 450 000 | 98 | 0 | 2024 |
| Unit 86 Groblersrus 695 Corlett Avenue | R 4 950 | R 495 000 | 100 | 0 | 2024 |
| Unit 13 Groblersrus 695 Corlett Avenue | R 5 000 | R 490 000 | 98 | 0 | 2024 |
| Unit 16 Groblersrus 695 Corlett Avenue | R 5 300 | R 530 000 | 100 | 0 | 2026 |
| Unit 76 Groblersrus 695 Corlett Avenue | R 5 612 | R 550 000 | 98 | 0 | 2025 |
| Unit 103 Groblersrus 695 Corlett Avenue | R 5 859 | R 580 000 | 99 | 0 | 2026 |
| Unit 9 Groblersrus 695 Corlett Avenue | R 6 112 | R 599 000 | 98 | 0 | 2025 |
| Unit 62 Groblersrus 695 Corlett Avenue | R 6 122 | R 600 000 | 98 | 0 | 2025 |
| Unit 143 Groblersrus 695 Corlett Avenue | R 6 122 | R 600 000 | 98 | 0 | 2024 |
| Unit 144 Groblersrus 695 Corlett Avenue | R 6 633 | R 650 000 | 98 | 0 | 2025 |
| Unit 155 Groblersrus 695 Corlett Avenue | R 6 684 | R 655 000 | 98 | 0 | 2025 |
| Unit 102 Groblersrus 695 Corlett Avenue | R 6 869 | R 680 000 | 99 | 0 | 2025 |
| Unit 79 Groblersrus 695 Corlett Avenue | R 7 347 | R 720 000 | 98 | 0 | 2025 |
15 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 380 000.00 and R 734 693.88. 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 · 5
| 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 15 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: Hammond Pole Majola Inc C/o NVG Attorneys (0118741800). This is the practical route to an arrears figure before auction day.