3 Bedroom Family Home with Outbuilding
425137 · Boksburg · Sunward Park · 3 bed · freehold · auction 14 Aug 2026
Walk away above R 1 405 991.88 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 published on the listing | R 1 260 000.00 |
| Sheriff's commission | R 29 400.00 |
| Commission VAT rate unconfirmed, as at 2018-04-01 | R 4 410.00 |
| Transfer duty | R 4 800.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 60 000.00 |
| Firm cost | R 1 358 610.00 |
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 164 610.00 |
| Balance by 4 Sep 2026 | R 1 134 000.00 |
| All-in, floor to ceiling | R 1 358 610.00 – R 1 679 063.50 |
Registered against the title · 1
| Bond, A B S A Bank Ltd B84023/2005 | R 840 000.00 |
Nearby sales · 15 used of 15
= Consistent with its own 2005 sale of R 840 000.00, at 3.4% a year over 21.1 years.
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Erf 718 | R 583 | R 700 000 | 1200 | 64 | 2023 |
| Erf 718 | R 892 | R 1 070 000 | 1200 | 64 | 2023 |
| Erf 760 | R 1 118 | R 1 425 000 | 1275 | 134 | 2023 |
| Erf 719 | R 1 250 | R 1 500 000 | 1200 | 34 | 2024 |
| Erf 760 | R 1 294 | R 1 650 000 | 1275 | 134 | 2024 |
| Erf 714 | R 1 308 | R 1 570 000 | 1200 | 183 | 2025 |
| Erf 604 | R 1 491 | R 1 700 000 | 1140 | 308 | 2025 |
| Erf 1892 | R 1 498 | R 1 600 000 | 1068 | 289 | 2025 |
| Erf 1897 | R 1 746 | R 2 095 000 | 1200 | 278 | 2026 |
| Erf 731 | R 1 766 | R 1 930 000 | 1093 | 139 | 2025 |
| Erf 757 | R 2 063 | R 1 950 000 | 945 | 161 | 2025 |
| Erf 590 | R 2 328 | R 2 200 000 | 945 | 329 | 2025 |
| Erf 751 | R 2 582 | R 2 440 000 | 945 | 285 | 2025 |
| Erf 616 | R 2 627 | R 2 750 000 | 1047 | 352 | 2026 |
| Erf 589 | R 2 761 | R 2 800 000 | 1014 | 302 | 2025 |
15 nearby sales, sold 2023 to 2026. The median runs across the rest, and the rates they span put this erf between R 700 000.00 and R 2 800 000.00. 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 · 6
| Sale held by | OF THE COURT |
| Case number | 2024/1223 |
| 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.
Market value is derived from 15 nearby sales, sold 2023 to 2026, at the median of sale price. It is evidence about the area, not a valuation of this property, which nobody has inspected.
Attorneys for the execution creditor: VELILE TINTO & ASSOCIATES INC. ((012) 8073366). 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.