2 Bedroom Apartment
423733 · Lephalale · Lephalale · 2 bed · 83 m² · sectional · auction 3 Aug 2026
Auction details
| Auction date | 3 Aug 2026 |
| Held by | Sheriff Lephalale |
Value indicators
| Last sold price | R 599 000.00 |
| Sale date | 2012/02/21 |
Walk away above R 279 756.12 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 560 000.00 |
| Sheriff's commission | R 18 900.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 2 835.00 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 40 000.00 |
| Firm cost | R 621 735.00 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 90 000.00 |
| Remediation | R 0.00 – R 50 000.00 |
| Levy arrears | R 0.00 – R 60 000.00 |
| 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 258 500.00 |
Cash
| On auction day | R 92 735.00 |
| Balance by 24 Aug 2026 | R 504 000.00 |
| All-in, floor to ceiling | R 621 735.00 – R 937 201.00 |
| All-in per m² at the ceiling | R 11 291.58 |
Registered against the title · 2
| Bond, Nedbank Ltd SB33399/2012PTA | R 544 800.00 |
| Interdict I-269/2025AT | — |
Nearby sales · 15 used of 15
= Consistent with its own 2012 sale of R 599 000.00, at -0.2% a year over 14.4 years.
All 15 nearby sales exact records
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Unit 58 Kloppenheim Apiesdoring Avenue | R 5 429 | R 380 000 | 70 | 0 | 2025 |
| Unit 33 Kloppenheim Apiesdoring Avenue | R 6 206 | R 434 420 | 70 | 0 | 2025 |
| Unit 49 Kloppenheim Apiesdoring Avenue | R 6 486 | R 480 000 | 74 | 0 | 2026 |
| Unit 179 Kloppenheim Apiesdoring Avenue | R 6 690 | R 562 000 | 84 | 0 | 2025 |
| Unit 2 Kloppenheim Apiesdoring Avenue | R 6 759 | R 730 000 | 108 | 0 | 2026 |
| Unit 7 Kloppenheim Apiesdoring Avenue | R 6 881 | R 750 000 | 109 | 0 | 2025 |
| Unit 71 Kloppenheim Apiesdoring Avenue | R 6 905 | R 580 000 | 84 | 0 | 2025 |
| Unit 65 Kloppenheim Apiesdoring Avenue | R 6 957 | R 480 000 | 69 | 0 | 2025 |
| Unit 254 Kloppenheim Apiesdoring Avenue | R 7 222 | R 780 000 | 108 | 0 | 2026 |
| Unit 42 Kloppenheim Apiesdoring Avenue | R 7 471 | R 635 000 | 85 | 0 | 2025 |
| Unit 18 Kloppenheim Apiesdoring Avenue | R 7 500 | R 810 000 | 108 | 0 | 2025 |
| Unit 313 Kloppenheim Apiesdoring Avenue | R 7 647 | R 650 000 | 85 | 0 | 2025 |
| Unit 22 Kloppenheim Apiesdoring Avenue | R 8 118 | R 690 000 | 85 | 0 | 2025 |
| Unit 15 Kloppenheim Apiesdoring Avenue | R 8 118 | R 690 000 | 85 | 0 | 2025 |
| Unit 13 Kloppenheim Apiesdoring Avenue | R 8 353 | R 710 000 | 85 | 0 | 2025 |
15 nearby sales, sold 2025 to 2026. The median runs across the rest, and the rates they span put this erf between R 450 571.43 and R 693 294.12. 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 · 7
| Registration to bid, refundable | R 15 000.00 |
| Case number | 2326/2023 |
| Evidence read | 2026-07-31 |
Flags · 5
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 15 nearby sales, sold 2025 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: ESPAG MAGWAI ATTORNEYS (015 297-5374). This is the practical route to an arrears figure before auction day.