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

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5 Bedroom Agricultural Holding with Indoor Pool and Squash Court

423686 · Krugersdorp · Chancliff AH · 5 bed · 8565 m² · freehold · auction 4 Aug 2026

SheriffHQ
+Pass, reserve ?Review, market 1 days

Auction details

Auction date 4 Aug 2026
Held bySheriff for the High Court

Value indicators

Last sold priceR 5 000 000.00
Sale date2008/05/15
Gross yield
not computed
no rent held for Chancliff AH
Under market
no comparable value held

Firm, figures that exist

Bid price, reserve published on the listing R 4 000 000.00
Sheriff's commissionR 40 000.00
Commission VAT rate unconfirmed, as at 2025-05-01 R 6 000.00
Transfer dutyR 217 356.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 60 000.00
Firm costR 4 323 356.00

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 80 000.00
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 188 500.00

Cash

On auction dayR 663 356.00
Balance by 25 Aug 2026 R 3 600 000.00
All-in, floor to ceiling R 4 323 356.00R 4 955 856.00
All-in per m² at the ceilingR 578.62

Registered against the title · 2

Bond, Standard Bank Of South Africa Ltd B35868/2010 R 7 000 000.00
Interdict I-1645/2026AT
!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 · 5

Evidence read 2026-07-31

Flags · 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 R217356. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R600000 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: MARTINS WEIR-SMITH INC. 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.

Keep this one Favourites hold a shortlist, not a decision

Provenance

Oldest bond registered 2010
An old bond is mostly amortised: the creditor's exposure - and its floor - is lower than the amount suggests.