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4 Bedroom Double Storey Home with Garage and Braai Room

423715 · Bloemfontein West · Bloemfontein · 4 bed · 1383 m² · freehold · auction 5 Aug 2026

SheriffHQ
+Pass, reserve +Pass, walk_away ?Review, market 2 days

Auction details

Auction date 5 Aug 2026
Held bySheriff BLOEMFONTEIN WEST

Value indicators

Last sold priceR 3 900 000.00
Sale date2015/06/29
Gross yield
not computed
no rent held for Bloemfontein
Under market
39.8%
value R 5 048 895.93

Walk away above R 4 393 729.67 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 2 340 000.00
Sheriff's commissionR 40 000.00
Commission VAT rate unconfirmed, as at 2025-05-01 R 6 000.00
Transfer dutyR 54 400.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 60 000.00
Firm costR 2 500 400.00

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 180 000.00
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 288 500.00

Cash

On auction dayR 334 400.00
Balance by 26 Aug 2026 R 2 106 000.00
All-in, floor to ceiling R 2 500 400.00R 3 041 620.00
All-in per m² at the ceilingR 2 199.29

Registered against the title · 5

Bond, Amount K230/2005S R 300 030 244.00
Bond, Ltd B4940/2015 R 2 730 000.00
Interdict I-561/2024AT
Interdict I-326/2026AT
Interdict I-2883/2025AT
!3 interdicts 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.

Nearby sales · 12 used of 15

Market value
R 5 048 895.93
R 3 650.68 per m², median

= Consistent with its own 2015 sale of R 3 900 000.00, at 2.4% a year over 11.1 years.

Start bottom-left Nearby sales below the model rate are the conservative benchmark.
Crosshairs: R 3 651/m² model median · 172m median distance

Selected sale Erf 28788 · R 3 067/m² · R 4 000 000 · 1304m² · 30m away · sold 2024 · context only

Used by model Context only

All 15 nearby sales exact records
ErfPer m²PriceSize AwaySold
Erf 28771 R 2 400 R 4 000 000 1667 167 2023
Erf 28787 R 2 857 R 3 500 000 1225 60 2025
Erf 34121 R 2 919 R 4 650 000 1593 161 2025
Erf 28788 R 3 067 R 4 000 000 1304 30 2024
Erf 28897 R 3 119 R 3 880 000 1244 330 2025
Erf 28783 R 3 221 R 4 500 000 1397 110 2024
Erf 28780 R 3 333 R 4 000 000 1200 60 2025
Erf 28804 R 3 458 R 4 250 000 1229 262 2024
Erf 34122 R 3 558 R 5 700 000 1602 172 2024
Erf 28714 R 3 743 R 6 300 000 1683 313 2024
Erf 28907 R 3 818 R 4 329 450 1134 310 2025
Erf 28772 R 4 042 R 4 850 000 1200 142 2025
Erf 30097 R 5 292 R 6 350 000 1200 353 2025
Erf 28715 R 5 466 R 6 750 000 1235 259 2025
Erf 28828 R 5 575 R 6 300 000 1130 191 2024

12 nearby sales, sold 2024 to 2025. The median runs across the rest, and the rates they span put this erf between R 3 951 428.57 and R 7 710 530.97. 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

Case number2890/2020
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 2020-opened case: R180000 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 R54400. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R351000 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.

Market value is derived from 12 nearby sales, sold 2024 to 2025, 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: VAN HULSTEYNS ATTORNEYS (051400 4000). 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

Case opened 2020
Arrears accumulate from about then, and the arrears provision's ceiling ages with the judgment.
Oldest bond registered 2005
An old bond is mostly amortised: the creditor's exposure - and its floor - is lower than the amount suggests.