3 Bedroom House with Double Garage
425224 · Rustenburg · Waterval East · 3 bed · freehold · auction 13 Aug 2026
Walk away above R 890 057.68 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 840 000.00 |
| Sheriff's commission | R 23 100.00 |
| Commission VAT rate unconfirmed, as at 2018-04-01 | R 3 465.00 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 40 000.00 |
| Firm cost | R 906 565.00 |
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 135 565.00 |
| Balance by 3 Sep 2026 | R 756 000.00 |
| All-in, floor to ceiling | R 906 565.00 – R 1 180 514.00 |
| All-in per m² at the ceiling | R 3 472.10 |
Registered against the title · 2
| Bond, Pty Ltd B38708/2022 | R 860 000.00 |
| Interdict I-856/2026AT | — |
Nearby sales · 14 used of 14
= Consistent with its own 2022 sale of R 1 075 000.00, at 1.5% a year over 4.3 years.
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Erf 80 | R 2 241 | R 800 000 | 357 | 154 | 2025 |
| Erf 80 | R 2 605 | R 870 000 | 334 | 216 | 2025 |
| Erf 80 | R 2 809 | R 1 000 000 | 356 | 98 | 2025 |
| Erf 80 | R 2 897 | R 985 000 | 340 | 48 | 2024 |
| Erf 80 | R 2 928 | R 975 000 | 333 | 212 | 2025 |
| Erf 80 | R 3 000 | R 1 020 000 | 340 | 64 | 2024 |
| Erf 80 | R 3 232 | R 1 280 000 | 396 | 76 | 2025 |
| Erf 80 | R 3 509 | R 1 400 000 | 399 | 69 | 2024 |
| Erf 80 | R 3 544 | R 1 180 000 | 333 | 182 | 2025 |
| Erf 80 | R 3 829 | R 1 995 000 | 521 | 189 | 2025 |
| Erf 80 | R 3 836 | R 1 400 000 | 365 | 169 | 2025 |
| Erf 80 | R 3 901 | R 1 299 000 | 333 | 245 | 2026 |
| Erf 80 | R 4 284 | R 1 525 000 | 356 | 174 | 2026 |
| Erf 80 | R 4 353 | R 1 480 000 | 340 | 16 | 2024 |
| Unit 4 Hantam Village | R 10 390 | R 1 600 000 | 154 | 216 | 2025 |
14 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 761 904.76 and R 1 480 000.00. 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 · 13
| Registration to bid, refundable | R 25 000.00 |
| Occupational rental if you take possession early | 1.0% of price, monthly |
| Sale held by | Rustenburg |
| At | Ground floor, 209 BeyersNaude Drive |
| Case number | 2119/2025 |
| Evidence read | 2026-07-31 |
Flags · 3
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 14 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: VZLR Inc Attorneys ((012) 4359444). This is the practical route to an arrears figure before auction day.