4 Bedroom Family Home with Staff Quarters and Pool
415993 · Benoni · Lakefield · 4 bed · 2377 m² · freehold · auction 17 Sep 2026
Auction details
| Auction date | 17 Sep 2026 |
| Held by | Sheriff OF THE HIGH COURT STORAGE FACILITY |
Value indicators
| Last sold price | R 975 000.00 |
| Sale date | 2005/02/14 |
Walk away above R 3 187 745.75 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 1 600 000.00 |
| Sheriff's commission | R 34 500.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 5 175.00 |
| Transfer duty | R 11 700.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 60 000.00 |
| Firm cost | R 1 711 375.00 |
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 211 375.00 |
| Balance by 8 Oct 2026 | R 1 440 000.00 |
| All-in, floor to ceiling | R 1 711 375.00 – R 2 230 321.00 |
| All-in per m² at the ceiling | R 938.29 |
Registered against the title · 5
| Bond, Nedbank Ltd B34068/2005 | R 975 000.00 |
| Interdict I-913/2015AT | — |
| Interdict I-2501/2007AT | — |
| Interdict I-1989/2010AT | — |
| Interdict I-711/2006AT | — |
Nearby sales · 3 used of 15
= Consistent with its own 2005 sale of R 975 000.00, at 6.5% a year over 21.5 years.
Selected sale Erf 214 · R 1 586/m² · R 3 250 000 · 2049m² · 114m away · sold 2026 · used by model
Used by model Context only Excluded outlier
All 15 nearby sales exact records
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Erf 2715 | R 805 | R 3 900 000 | 4844 | 152 | 2025 |
| Erf 218 | R 1 452 | R 3 000 000 | 2066 | 173 | 2025 |
| Erf 214 | R 1 586 | R 3 250 000 | 2049 | 114 | 2026 |
| Erf 222 | R 1 589 | R 3 150 000 | 1983 | 158 | 2024 |
| Erf 3573 out | R 1 966 | R 3 000 000 | 1526 | 277 | 2025 |
| Erf 3579 | R 2 038 | R 1 700 000 | 834 | 306 | 2025 |
| Erf 392 | R 3 396 | R 1 450 000 | 427 | 221 | 2025 |
| Erf 3562 | R 4 873 | R 2 500 000 | 513 | 272 | 2025 |
| Unit 152 Highgate 10 Sunny Road | R 6 764 | R 649 371 | 96 | 308 | 2025 |
| Unit 52 Highgate 10 Sunny Road | R 8 136 | R 480 000 | 59 | 308 | 2025 |
| Unit 70 Highgate 10 Sunny Road | R 8 629 | R 535 000 | 62 | 308 | 2025 |
| Unit 39 Highgate 10 Sunny Road | R 9 274 | R 575 000 | 62 | 308 | 2025 |
| Unit 124 Highgate 10 Sunny Road | R 10 411 | R 760 000 | 73 | 308 | 2026 |
| Unit 19 Highgate 10 Sunny Road | R 10 426 | R 980 000 | 94 | 308 | 2025 |
| Unit 95 Highgate 10 Sunny Road | R 12 174 | R 560 000 | 46 | 308 | 2025 |
3 nearby sales, sold 2024 to 2026; 1 excluded as outliers. The 1 marked out sit beyond three median absolute deviations of the rate: improved property filed against a vacant erf, or a transfer not at arm's length. They are struck through rather than dropped, so the exclusion can be argued with. The median runs across the rest, and the rates they span put this erf between R 3 451 597.29 and R 3 775 869.89. 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 · 7
| Case number | 69739/2018 |
| 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 3 nearby sales, sold 2024 to 2026; 1 excluded as outliers, 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: Bham and Dahya Attorneys ((010) 498-5287). 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.