2 Bedroom House with 18 Rooms and 4 Garages
423744 · Wolmaransstad · Wolmaranstad · 2 bed · 2855 m² · freehold · auction 5 Aug 2026
Auction details
| Auction date | 5 Aug 2026 |
| Auction venue | WOLMARANSSTAD: ERASMUSBUILDING, 26 KRUGER STREET |
| Held by | Sheriff Wolmaransstad |
Value indicators
| Last sold price | R 176 000.00 |
| Sale date | 1998/08/21 |
Walk away above R 473 638.32 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 580 000.00 |
| Sheriff's commission | R 19 200.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 2 880.00 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 40 000.00 |
| Firm cost | R 642 080.00 |
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 80 080.00 |
| Balance by 26 Aug 2026 | R 522 000.00 |
| All-in, floor to ceiling | R 642 080.00 – R 889 580.50 |
| All-in per m² at the ceiling | R 311.59 |
Registered against the title · 1
| Bond, South African Home Loans Guarantee Trust B24037/2010 | R 1 100 000.00 |
Nearby sales · 8 used of 15
= Consistent with its own 1998 sale of R 176 000.00, at 5.1% a year over 28.0 years.
All 15 nearby sales exact records
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Erf 184 | R 19 | R 150 000 | 8045 | 178 | 2023 |
| Erf 396 | R 92 | R 370 000 | 4018 | 315 | 2023 |
| Erf 409 | R 123 | R 350 000 | 2855 | 140 | 2024 |
| Erf 327 | R 123 | R 350 000 | 2855 | 523 | 2024 |
| Erf 556 | R 123 | R 350 000 | 2855 | 578 | 2025 |
| Erf 421 | R 175 | R 500 000 | 2855 | 110 | 2025 |
| Erf 423 | R 175 | R 500 000 | 2855 | 254 | 2022 |
| Erf 384 | R 210 | R 300 000 | 1427 | 309 | 2025 |
| Erf 412 | R 233 | R 332 500 | 1428 | 170 | 2026 |
| Erf 427 | R 263 | R 750 000 | 2855 | 294 | 2025 |
| Erf 405 | R 287 | R 820 000 | 2855 | 328 | 2025 |
| Erf 874 | R 376 | R 600 000 | 1595 | 461 | 2024 |
| Erf 385 | R 630 | R 1 800 000 | 2855 | 284 | 2022 |
| Unit 2 4 Seisoene | R 3 947 | R 450 000 | 114 | 329 | 2024 |
| Erf 385 out | R 6 264 | R 17 885 000 | 2855 | 284 | 2025 |
8 nearby sales, sold 2022 to 2026; 1 excluded as outliers. The 1 marked out sit beyond three median absolute deviations of the rate: improved property filed against a vacant erf, or a transfer not at arm's length. They are struck through rather than dropped, so the exclusion can be argued with. The median runs across the rest, and the rates they span put this erf between R 262 904.43 and R 1 800 000.00. 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
| Case number | 487/2024 |
| Evidence read | 2026-07-31 |
Flags · 4
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 8 nearby sales, sold 2022 to 2026; 1 excluded as outliers, 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: VELILE TINTO & ASSOCIATES INC. ((012) 8073366). This is the practical route to an arrears figure before auction day.