3 Bedroom Family Home with 2 Garages on 1209 sqm Erf
438411 · Kempton Park · Van Riebeeck Park · 3 bed · 1209 m² · freehold · auction 1 Oct 2026
No walk-away
No comparable value is held for this property, so there is nothing to derive a ceiling from. The bid floor below is still firm; what is missing is the figure that would tell you when to stop.
- bid floor, modelled band floor
- R 50 000.00
- Firm 6 lines
- R 78 450.00
- Provisioned never summed
- R 4 500.00 – R 188 500.00
- Cash on the day
- R 8 450.00
- nobody with standing has signed off the conveyancing fee bands, which moved a figure here
- 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 R0. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R7500 in its place.
Auction details
| Auction date | 1 Oct 2026 |
| Held by | Sheriff Kempton Park |
Suburb demand · Van Riebeeck Park
| Exit read | thin · ~1.7 yrs of stock |
| Absorption · 2025 sales over stock at 2026-08-02 | 0.60 sales per listing / yr |
| Transaction volume change | +42% |
| Bank stock on the pp feed here | 3 |
| Basis | absorption · context only, never part of the verdict |
Firm, figures that exist
| Bid price, modelled band floor | R 50 000.00 |
| Sheriff's commission | R 3 000.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 450.00 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 78 450.00 |
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 8 450.00 |
| Balance by 22 Oct 2026 | R 45 000.00 |
| All-in, floor to ceiling | R 78 450.00 – R 734 200.00 |
| All-in per m² at the ceiling | R 607.28 |
The detail page has not been fetched for this listing. Its reserve state, erf size, registration fee, commission scale and nearby sales are all published and none of them are held here, so every line above runs on the assumption table.
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.