3 Bedroom House with 2 Garages
423747 · Mitchells Plain South · Mitchells Plain · 3 bed · 281 m² · freehold · auction 5 Aug 2026
Auction details
| Auction date | 5 Aug 2026 |
| Auction venue | 48 Church Way, Strandfontein |
| Held by | Sheriff Mitchells Plain South |
Value indicators
| Last sold price | R 590 000.00 |
| Sale date | 2008/03/14 |
Walk away above R 1 012 269.47 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 recited | R 802 000.00 |
| Sheriff's commission | R 22 530.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 3 379.50 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 40 000.00 |
| Firm cost | R 867 909.50 |
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 106 109.50 |
| Balance by 26 Aug 2026 | R 721 800.00 |
| All-in, floor to ceiling | R 867 909.50 – R 1 137 992.95 |
| All-in per m² at the ceiling | R 4 049.80 |
Registered against the title · 2
| Bond, Nedbank Ltd B15209/2020 | R 806 037.00 |
| Interdict I-465/2026AT | — |
Nearby sales · 15 used of 15
= Consistent with its own 2008 sale of R 590 000.00, at 4.3% a year over 18.4 years.
Selected sale Erf 49669 · R 3 663/m² · R 1 000 000 · 273m² · 44m away · sold 2025 · used by model
Used by model
All 15 nearby sales exact records
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Erf 44651 | R 2 468 | R 760 000 | 308 | 233 | 2025 |
| Erf 44710 | R 2 727 | R 600 000 | 220 | 160 | 2025 |
| Erf 44811 | R 3 318 | R 1 400 000 | 422 | 72 | 2025 |
| Erf 49669 | R 3 663 | R 1 000 000 | 273 | 44 | 2025 |
| Erf 49682 | R 3 680 | R 850 000 | 231 | 99 | 2024 |
| Erf 44820 | R 3 880 | R 1 195 000 | 308 | 155 | 2025 |
| Erf 44711 | R 4 045 | R 890 000 | 220 | 153 | 2024 |
| Erf 44700 | R 4 592 | R 1 800 000 | 392 | 209 | 2025 |
| Erf 49659 | R 5 268 | R 1 375 000 | 261 | 64 | 2025 |
| Erf 44814 | R 5 422 | R 1 670 000 | 308 | 114 | 2025 |
| Erf 44642 | R 5 601 | R 1 725 000 | 308 | 171 | 2024 |
| Erf 49631 | R 5 769 | R 1 650 000 | 286 | 62 | 2025 |
| Erf 49653 | R 5 836 | R 1 599 000 | 274 | 129 | 2026 |
| Erf 44642 | R 6 006 | R 1 850 000 | 308 | 171 | 2025 |
| Erf 49696 | R 6 851 | R 1 699 000 | 248 | 103 | 2025 |
15 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 693 376.62 and R 1 925 076.61. 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 · 8
| Evidence read | 2026-07-31 |
Flags · 3
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 2024 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: Minde Schapiro & Smith Inc (021918 9007). This is the practical route to an arrears figure before auction day.