Property report · census 3 Aug 2026
423676 · 3 Bedroom Apartment with Balcony and Garden
Serengeti Golf and Wildlife Estate, Unit 187 The Villages At The Signature - 1 Jack Nicklaus Drive
The auction
When
6 Aug 2026
Thursday · 3 lead days
Held by
Sheriff Kempton Park
Gauteng
Where
Not re-read yet
the venue is on the notice and the source's page
Cash on auction day
R 311 786
balance R 1 980 000 by 27 Aug 2026
All-in cost
R 2 351 786
to R 2 835 300 at full provisions
Discount to market
—
no market value held
Gross yield
—
market reference 10.9%
The money ladder · bid basis: reserve
| Bid band (reserve) | R 2 200 000 – R 2 420 000 |
| All-in ceiling | R 2 835 300 |
Firm cost at the bid floor · R 2 351 786
| Bid price | R 2 200 000 |
| Sheriff's commission, incl VAT | R 46 000 |
| Transfer duty | R 45 786 |
| Conveyancing | R 60 000 |
| Firm cost per m² | R 11 528 |
Provisions, floor to ceiling · R 4 500 – R 248 500
Municipal arrears
R 80 000
Remediation
R 50 000
Levy arrears
R 60 000
Eviction
R 45 000
Holding cost
R 13 500
Evaluation states
✓
reserve · pass
✓
size · pass
?
market · review
Provenance
| Case opened | 2024 |
| Oldest bond registered | 2023 |
| The firm's live book | 12 sales in this census |
Warnings · 3
- conveyancing_bands
- commission scale not recited in the notice - configured fallback used
- VAT status is not recited, and notices do not state it: modelled as a transfer-duty sale at R45786. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R330000 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. Assumptions version 3. Modelled from the census of 3 Aug 2026; nothing here is a valuation of a property nobody has inspected.