no description published
394833 · Lephalale · Lephalale · freehold · auction 18 May 9026
Auction details
| Auction date | 18 May 9026 |
| Held by | Sheriff Lephalale |
Value indicators
| Last sold price | R 491 000.00 |
| Sale date | 2012/01/31 |
Firm, figures that exist
| Bid price, reserve published on the listing | R 1 250 000.00 |
| Sheriff's commission | R 29 250.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 4 387.50 |
| Transfer duty | R 1 200.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 60 000.00 |
| Firm cost | R 1 344 837.50 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 240 000.00 |
| 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 348 500.00 |
Cash
| On auction day | R 159 837.50 |
| Balance by 8 Jun 9026 | R 1 125 000.00 |
| All-in, floor to ceiling | R 1 344 837.50 – R 1 824 243.75 |
Registered against the title · 2
| Bond, Standard Bank Van Suid-Afrika Ltd B36058/2012PTA | R 700 000.00 |
| Interdict I-343/2025AT | — |
Recited by the notice · 7
| Case number | 4099/2020 |
| 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.
Attorneys for the execution creditor: HANNES GOUWS & PARTNERS INC. ((012) 321-1008). 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.