PropertyLane Census 3 Aug 2026 Sign in
387 sales in execution 197 with a reserve 40 without one 8 provinces

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3 Bedroom Family Home with 2 Garages

423741 · Emalahleni · Ben Fleur · 3 bed · 919 m² · freehold · auction 5 Aug 2026

SheriffHQ
+Pass, reserve ?Review, market 2 days

Auction details

Auction date 5 Aug 2026
Auction venuePLOT 31,ZEEKOEWATER
Held bySheriff WITBANK

Value indicators

Last sold priceR 56 000.00
Sale date1999/08/20
Gross yield
not computed
no rent held for Ben Fleur
Under market
no comparable value held

Firm, figures that exist

Bid price, reserve published on the listing R 1 800 000.00
Sheriff's commissionR 37 500.00
Commission VAT rate unconfirmed, as at 2025-05-01 R 5 625.00
Transfer dutyR 21 786.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 60 000.00
Firm costR 1 924 911.00

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 90 000.00
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 198 500.00

Cash

On auction dayR 244 911.00
Balance by 26 Aug 2026 R 1 620 000.00
All-in, floor to ceiling R 1 924 911.00R 2 317 086.00
All-in per m² at the ceilingR 2 521.31

Registered against the title · 1

Bond, Solly Bhamjee & Sons Pty Ltd B84395/2001 R 70 000.00

Recited by the notice · 8

Case number23/2023
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 R21786. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R270000 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: BDP ATTORNEYS INC (021 941 7777). 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 2023
Arrears accumulate from about then, and the arrears provision's ceiling ages with the judgment.
Oldest bond registered 2001
An old bond is mostly amortised: the creditor's exposure - and its floor - is lower than the amount suggests.