4 Bedroom Home with Outbuilding
423687 · Johannesburg East · South Hills · 4 bed · 495 m² · freehold · auction 4 Aug 2026
Auction details
| Auction date | 4 Aug 2026 |
| Auction venue | 61 VAN RIEBEECK STREET, ALBERTON In pursuance of a judgment granted by this Honourable Court on 26 May 2025 |
| Held by | Sheriff of the High Court JOHANNESBURG EAST at THE SHERIFF'S OFFICE |
Value indicators
| Last sold price | R 1 898 000.00 |
| Sale date | 2023/11/08 |
Firm, figures that exist
| Bid price, reserve published on the listing | R 400 000.00 |
| Sheriff's commission | R 16 500.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 2 475.00 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 443 975.00 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 80 000.00 |
| 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 188 500.00 |
Cash
| On auction day | R 22 975.00 |
| Balance by 25 Aug 2026 | R 396 000.00 |
| All-in, floor to ceiling | R 443 975.00 – R 673 165.00 |
| All-in per m² at the ceiling | R 1 359.93 |
Registered against the title · 2
| Bond, S B Guarantee Co Rf Pty Ltd B2464/2024 | R 1 898 000.00 |
| Interdict I-2619/2026AT | — |
Nearby sales · 12 used of 15
! This value implies -25.4% a year against its own 2023 sale of R 1 898 000.00, outside what the rest of the census shows. Treat it as unverified until someone has looked.
All 15 nearby sales exact records
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Erf 726 | R 510 | R 300 000 | 588 | 182 | 2025 |
| Erf 653 | R 1 109 | R 550 000 | 496 | 120 | 2024 |
| Erf 654 | R 1 310 | R 650 000 | 496 | 113 | 2026 |
| Erf 660 | R 1 466 | R 1 000 000 | 682 | 58 | 2026 |
| Erf 677 | R 1 633 | R 810 000 | 496 | 85 | 2024 |
| Erf 698 | R 1 653 | R 820 000 | 496 | 147 | 2025 |
| Erf 675 | R 1 794 | R 890 000 | 496 | 63 | 2024 |
| Erf 753 | R 1 815 | R 900 000 | 496 | 99 | 2025 |
| Erf 660 | R 2 045 | R 1 395 000 | 682 | 58 | 2026 |
| Erf 450 | R 2 222 | R 840 000 | 378 | 163 | 2025 |
| Erf 704 | R 2 428 | R 1 350 000 | 556 | 101 | 2026 |
| Erf 677 | R 2 722 | R 1 350 000 | 496 | 85 | 2024 |
| Erf 654 | R 2 722 | R 1 350 000 | 496 | 113 | 2025 |
| Erf 653 | R 2 923 | R 1 450 000 | 496 | 120 | 2024 |
| Erf 675 | R 3 024 | R 1 500 000 | 496 | 63 | 2024 |
12 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 252 551.02 and R 1 496 975.81. 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 · 9
| Evidence read | 2026-07-31 |
Flags · 4
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 12 nearby sales, sold 2024 to 2026, 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: TIM DU TOIT ATTORNEYS (021 529 7710). This is the practical route to an arrears figure before auction day.