5 Bedroom Family Home with Pool and Outbuilding
423693 · Brits · Hartbeespoort · 5 bed · 1200 m² · freehold · auction 3 Aug 2026
Auction details
| Auction date | 3 Aug 2026 |
| Auction venue | Ground floor, 62 Ludorf Street |
| Held by | Sheriff Brits |
Value indicators
| Last sold price | R 385 579.00 |
| Sale date | 2001/01/28 |
Walk away above R 2 755 454.30 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 2 500 000.00 |
| Sheriff's commission | R 40 000.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 6 000.00 |
| Transfer duty | R 67 200.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 60 000.00 |
| Firm cost | R 2 673 200.00 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 240 000.00 |
| 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 348 500.00 |
Cash
| On auction day | R 363 200.00 |
| Balance by 24 Aug 2026 | R 2 250 000.00 |
| All-in, floor to ceiling | R 2 673 200.00 – R 3 291 700.00 |
| All-in per m² at the ceiling | R 2 743.08 |
Registered against the title · 4
| Bond, Absa Bank Ltd B117166/2007 | R 1 000 000.00 |
| Bond, Absa Bank Ltd B14382/2007 | R 4 000 000.00 |
| Interdict I-1188/2017AT | — |
| Interdict I-2276/2023AT | — |
Nearby sales · 14 used of 15
= Consistent with its own 2001 sale of R 385 579.00, at 8.8% a year over 25.5 years.
Selected sale Erf 239 · R 3 721/m² · R 2 850 000 · 766m² · 71m away · sold 2025 · used by model
Used by model Context only
All 15 nearby sales exact records
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Erf 57 | R 445 | R 338 688 | 761 | 260 | 2015 |
| Erf 267 | R 480 | R 500 000 | 1041 | 91 | 2025 |
| Erf 210 | R 1 849 | R 1 400 000 | 757 | 264 | 2026 |
| Erf 49 | R 2 125 | R 1 500 000 | 706 | 110 | 2025 |
| Erf 246 | R 2 235 | R 1 669 545 | 747 | 225 | 2024 |
| Erf 234 | R 2 621 | R 2 000 000 | 763 | 214 | 2025 |
| Erf 49 | R 2 691 | R 1 900 000 | 706 | 110 | 2025 |
| Erf 101 | R 2 805 | R 3 060 000 | 1091 | 132 | 2024 |
| Erf 1 | R 3 529 | R 2 700 000 | 765 | 239 | 2024 |
| Erf 53 | R 3 679 | R 2 800 000 | 761 | 180 | 2024 |
| Erf 239 | R 3 721 | R 2 850 000 | 766 | 71 | 2025 |
| Erf 98 | R 3 965 | R 2 950 000 | 744 | 169 | 2024 |
| Erf 276 | R 4 737 | R 3 150 000 | 665 | 125 | 2025 |
| Erf 41 | R 4 925 | R 3 295 000 | 669 | 200 | 2025 |
| Erf 193 | R 7 186 | R 2 400 000 | 334 | 242 | 2025 |
14 nearby sales, sold 2015 to 2026. The median runs across the rest, and the rates they span put this erf between R 534 067.81 and R 5 910 313.90. 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 · 10
| Case number | 16302/2018 |
| 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.
Market value is derived from 14 nearby sales, sold 2015 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: VZLR Inc Attorneys ((012) 4359444). 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.