Land with 96 sqm
425216 · Port Shepstone · Southport · freehold · auction 3 Aug 2026
Walk away above R 446 735.21 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, opening, anchored to market value | R 190 504.92 |
| Sheriff's commission | R 9 167.67 |
| Commission VAT rate unconfirmed, as at 2018-04-01 | R 1 375.15 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 226 047.74 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 80 000.00 |
| Remediation | R 0.00 – R 50 000.00 |
| Holding cost | R 4 500.00 – R 13 500.00 |
| Provisioned range | R 4 500.00 – R 143 500.00 |
Cash
| On auction day | R 44 593.31 |
| Balance by 24 Aug 2026 | R 171 454.43 |
| All-in, floor to ceiling | R 226 047.74 – R 635 016.39 |
| All-in per m² at the ceiling | R 6 614.75 |
Registered against the title · 1
| Interdict I-3906/1994C | — |
Nearby sales · 5 used of 5
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Erf 1065 | R 288 | R 260 000 | 903 | 250 | 2025 |
| Erf 1065 | R 303 | R 274 000 | 903 | 250 | 2026 |
| Erf 645 | R 317 | R 1 140 000 | 3593 | 149 | 2026 |
| Erf 644 | R 443 | R 2 300 000 | 5196 | 237 | 2024 |
| Erf 135 | R 894 | R 1 400 000 | 1566 | 195 | 2024 |
| Erf 778 | R 908 | R 980 000 | 1079 | 339 | 2025 |
| Unit 5 Kloof Gardens 14 Kloof Road | R 4 969 | R 795 000 | 160 | 285 | 2025 |
| Unit 6 Kloof Gardens 14 Kloof Road | R 4 969 | R 795 000 | 160 | 285 | 2025 |
| Unit 1 Kloof Gardens 14 Kloof Road | R 5 938 | R 950 000 | 160 | 285 | 2025 |
| Unit 2 Bethany Park Village 2 Bauhinia Road | R 5 952 | R 1 250 000 | 210 | 0 | 2025 |
| Unit 18 Bethany Park Village 2 Bauhinia Road | R 6 569 | R 900 000 | 137 | 0 | 2025 |
| Unit 28 Bethany Park Village 2 Bauhinia Road | R 6 615 | R 807 000 | 122 | 0 | 2024 |
| Unit 21 Bethany Park Village 2 Bauhinia Road | R 7 150 | R 765 000 | 107 | 0 | 2024 |
| Unit 16 Bethany Park Village 2 Bauhinia Road | R 7 361 | R 795 000 | 108 | 0 | 2025 |
| Unit 28 Bethany Park Village 2 Bauhinia Road | R 7 426 | R 906 000 | 122 | 0 | 2023 |
5 nearby sales, sold 2023 to 2025. The median runs across the rest, and the rates they span put this erf between R 570 000.00 and R 712 918.03. 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 · 8
| Occupancy | vacant |
| Registration to bid, refundable | R 15 000.00 |
| Sale held by | S OFFICE PORT SHEPSTONE 17A MGAZI AVENUE UMTENTWENI PORT SHEPSTONE I n pursuance of a judgment granted on 02 JANUARY 2025 |
| At | No. 17A Mgazi Avenue, Umtentweni |
| Case number | 1893/2024 |
| 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 5 nearby sales, sold 2023 to 2025, 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: BARRY BOTHA & BREYTENBACH INCORPORATED (039 682 5540). This is the practical route to an arrears figure before auction day.