4 Bedroom Sectional Title Apartment with Garages
423663 · Vereeniging · Three Rivers · 4 bed · 496 m² · sectional · auction 6 Aug 2026
Auction details
| Auction date | 6 Aug 2026 |
| Auction venue | VEREENIGING: 91B GENERAL HERTZOG ROAD, THREERIVERS |
| Held by | Sheriff Vereeniging |
Value indicators
| Last sold price | R 2 750 000.00 |
| Sale date | 2021/01/15 |
Firm, figures that exist
| Bid price, reserve published on the listing | R 1 700 000.00 |
| Sheriff's commission | R 36 000.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 5 400.00 |
| Transfer duty | R 15 786.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 60 000.00 |
| Firm cost | R 1 817 186.00 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 80 000.00 |
| Remediation | R 0.00 – R 50 000.00 |
| Levy arrears | R 0.00 – R 60 000.00 |
| 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 248 500.00 |
Cash
| On auction day | R 227 186.00 |
| Balance by 27 Aug 2026 | R 1 530 000.00 |
| All-in, floor to ceiling | R 1 817 186.00 – R 2 248 818.50 |
| All-in per m² at the ceiling | R 4 533.91 |
Recited by the notice · 6
| 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.
Attorneys for the execution creditor: VELILE TINTO & ASSOCIATES INC ((012) 8073366). 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.