3 Bedroom Family Home with Garage
423707 · Lenasia · Eldorado Park · 3 bed · 1518 m² · freehold · auction 5 Aug 2026
+Pass, reserve
?Review, market
2 days
Auction details
| Auction date | 5 Aug 2026 |
| Held by | Sheriff Lenasia-Soweto East |
Gross yield
not computed
no rent held for Eldorado Park
Under market
—
no comparable value held
Firm, figures that exist
| Bid price, reserve published on the listing | R 398 000.00 |
| Sheriff's commission | R 16 430.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 2 464.50 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 441 894.50 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 90 000.00 |
| 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 198 500.00 |
Cash
| On auction day | R 108 694.50 |
| Balance by 26 Aug 2026 | R 358 200.00 |
| All-in, floor to ceiling | R 441 894.50 – R 680 927.05 |
| All-in per m² at the ceiling | R 448.57 |
Registered against the title · 2
| Bond, Nedbank Ltd B8778/2016 | R 639 000.00 |
| Interdict I-3373/2024AT | — |
!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 · 10
| Registration to bid, refundable | R 50 000.00 |
| Case number | 2023/1123 |
| 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 R59700 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: Rossouws Lesie Inc. ((011)7269000). This is the practical route to an arrears figure before auction day.