2 Bedroom Home with Outbuilding on 409 sqm Erf
423609 · Sandton North · Paulshof Ext 41 · 2 bed · 409 m² · freehold · auction 4 Aug 2026
+Pass, reserve
?Review, market
1 days
Auction details
| Auction date | 4 Aug 2026 |
| Held by | Sheriff Sandton North |
Value indicators
| Last sold price | R 1 730 000.00 |
| Sale date | 2022/06/02 |
Gross yield
not computed
no rent held for Paulshof Ext 41
Under market
—
no comparable value held
Firm, figures that exist
| Bid price, reserve published on the listing | R 1 110 000.00 |
| Sheriff's commission | R 27 150.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 4 072.50 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 60 000.00 |
| Firm cost | R 1 201 222.50 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 90 000.00 |
| 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 198 500.00 |
Cash
| On auction day | R 142 222.50 |
| Balance by 25 Aug 2026 | R 999 000.00 |
| All-in, floor to ceiling | R 1 201 222.50 – R 1 512 967.25 |
| All-in per m² at the ceiling | R 3 699.19 |
Registered against the title · 2
| Bond, Pty Ltd B41918/2022 | R 1 730 000.00 |
| Interdict I-374/2026AT | — |
!1
interdict registered. An interdict
restrains dealing with the property and is not extinguished by the sale in the
way a bond is. This is a question for the conveyancer before bidding, not
after.
Recited by the notice · 7
| Case number | 2023/0991 |
| Evidence read | 2026-07-31 |
Flags · 4
!conveyancing_bands
!commission scale not recited in the notice - configured fallback used
!the municipal arrears ceiling is aged to the 2023-opened case: R90000 against the R80000 base, at R30000 a judgment-year capped at R240000 - unconfirmed model parameters, and still a provision, not a quote
!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 R166500 in its place.
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: Lowndes Dlamini (011-292-5777). This is the practical route to an arrears figure before auction day.