3 Bedroom House with Outbuilding and Garage
423710 · East London · The Village at Kidd`s Beach · 3 bed · 425 m² · freehold · auction 7 Aug 2026
+Pass, reserve
?Review, market
4 days
Auction details
| Auction date | 7 Aug 2026 |
| Held by | Sheriff East London |
Value indicators
| Last sold price | R 395 000.00 |
| Sale date | 2020/09/17 |
Gross yield
not computed
no rent held for The Village at Kidd`s Beach
Under market
—
no comparable value held
Firm, figures that exist
| Bid price, reserve published on the listing | R 768 605.00 |
| Sheriff's commission | R 22 029.08 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 3 304.36 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 40 000.00 |
| Firm cost | R 833 938.44 |
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 102 193.94 |
| Balance by 28 Aug 2026 | R 691 744.50 |
| All-in, floor to ceiling | R 833 938.44 – R 1 100 624.78 |
| All-in per m² at the ceiling | R 2 589.71 |
Registered against the title · 5
| Bond, Pty Ltd B1536/2021 | R 1 310 000.00 |
| Bond, Mouton & Hendrikz CC B3280/2007 | R 13 000 000.00 |
| Bond, Mouton & Hendrikz CC B5093/2008 | R 7 000 000.00 |
| Bond, Mouton En Hendrikz CC B5093/2008 | R 7 000 000.00 |
| Bond, Mouton & Hendrikz CC B2642/2011 | R 30 000 000.00 |
Recited by the notice · 7
| 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 R0. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R115291 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: STRYDOM BRITZ MOHULATSI INC. (0123651887). This is the practical route to an arrears figure before auction day.