PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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2 Bedroom Apartment

425175 · Johannesburg East · Turffontein · 2 bed · sectional · auction 4 Aug 2026

+Pass, reserve ?Review, market 4 days
Gross yield
not computed
no rent held for Turffontein
Under market
no comparable value held

Firm, figures that exist

Bid price, reserve published on the listing R 31 500 000.00
Sheriff's commissionR 40 000.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 6 000.00
Transfer dutyR 3 650 600.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 60 000.00
Firm costR 35 256 600.00

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 6 846 600.00
Balance by 25 Aug 2026 R 28 350 000.00
All-in, floor to ceiling R 35 256 600.00R 39 064 600.00
All-in per m² at the ceilingR 302 826.36

Registered against the title · 2

Bond, Nedbank Ltd SB8588/2013 R 385 000.00
Interdict I-2773/2022AT
!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 · 8

Case number2024/0843
Evidence read 2026-07-31

Flags · 5

!conveyancing_bands
!transfer_duty_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 R3650600. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R4725000 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: MOLEFE DLEPU INCORPORATED (0116160005). 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.

Keep this one Favourites hold a shortlist, not a decision