PropertyLane Census 3 Aug 2026 Sign in
387 sales in execution 197 with a reserve 40 without one 8 provinces

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4 Bedroom House with Entertainment Room on Large Erf

423669 · Heidelberg · Rensburg · 4 bed · 1870 m² · freehold · auction 7 Aug 2026

SheriffHQ
+Pass, reserve +Pass, walk_away ?Review, market 4 days

Auction details

Auction date 7 Aug 2026
Held bySheriff Heidelberg

Value indicators

Last sold priceR 190 000.00
Sale date2003/06/03
Gross yield
not computed
no rent held for Rensburg
Under market
51.9%
value R 1 398 571.43

Walk away above R 1 108 868.45 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 391 000.00
Sheriff's commissionR 16 185.00
Commission VAT rate unconfirmed, as at 2025-05-01 R 2 427.75
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 434 612.75

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 90 000.00
Remediation R 0.00R 50 000.00
Eviction R 0.00R 45 000.00
Holding cost R 4 500.00R 13 500.00
Provisioned range R 4 500.00R 198 500.00

Cash

On auction dayR 57 712.75
Balance by 1 Sep 2026 R 351 900.00
All-in, floor to ceiling R 434 612.75R 673 094.23
All-in per m² at the ceilingR 359.94

Registered against the title · 2

Bond, Nedbank Ltd B28478/2008 R 700 000.00
Interdict I-4293/2019AT
!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.

Nearby sales · 10 used of 15

Market value
R 1 398 571.43
R 747.90 per m², median

= Consistent with its own 2003 sale of R 190 000.00, at 9.0% a year over 23.2 years.

Start bottom-left Nearby sales below the model rate are the conservative benchmark.
Crosshairs: R 748/m² model median · 306m median distance

Selected sale Erf 162 · R 613/m² · R 730 000 · 1190m² · 125m away · sold 2024 · used by model

Used by model Context only

All 15 nearby sales exact records
ErfPer m²PriceSize AwaySold
Erf 178 R 441 R 525 000 1190 259 2024
Erf 84 R 504 R 600 000 1190 351 2025
Erf 162 R 613 R 730 000 1190 125 2024
Erf 496 R 630 R 750 000 1190 134 2026
Erf 498 R 630 R 750 000 1190 184 2025
Erf 97 R 630 R 750 000 1190 270 2023
Erf 544 R 639 R 760 000 1190 365 2025
Erf 125 R 714 R 850 000 1190 334 2025
Erf 617 R 782 R 930 000 1190 383 2025
Erf 466 R 794 R 630 000 793 310 2024
Erf 223 R 836 R 995 000 1190 326 2025
Erf 207 R 857 R 1 020 000 1190 306 2025
Erf 190 R 983 R 1 170 000 1190 308 2025
Erf 139 R 1 176 R 1 400 000 1190 264 2024
Unit 23 Cisticola 42 Ag Visser Street R 5 818 R 320 000 55 287 2024

10 nearby sales, sold 2024 to 2025. The median runs across the rest, and the rates they span put this erf between R 825 000.00 and R 2 200 000.00. 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 number33800/2023
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 R58650 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.

Market value is derived from 10 nearby sales, sold 2024 to 2025, 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: VELILE TINTO & ASSOCIATES INC. ((012) 8073366). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision

Provenance

Case opened 2023
Arrears accumulate from about then, and the arrears provision's ceiling ages with the judgment.
Oldest bond registered 2008
An old bond is mostly amortised: the creditor's exposure - and its floor - is lower than the amount suggests.
Reserve is rand-exact R 391 000.00
A reserve that is not a round number reads as the creditor's outstanding balance printed as the reserve, where a round one reads as a valuation.
The firm's live book 19 sales in this census
The attorneys on record execute other live sales too. Panel volume, and a portfolio-clearance flag when the lots cluster in one area.