2 Bedroom Sectional Title Apartment with Sea View
423755 · Scottburgh · Scottburgh · 2 bed · 120 m² · sectional · auction 5 Aug 2026
Auction details
| Auction date | 5 Aug 2026 |
| Auction venue | NO. 17 ALLEN STREET, SCOTTBURGH. The conditions of salewill lie for inspection at SHERIFF SCOTTBURGH |
| Held by | Sheriff Scottburgh |
Value indicators
| Last sold price | R 1 080 000.00 |
| Sale date | 2008/10/29 |
Walk away above R 483 006.04 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, opening, anchored to market value | R 281 073.87 |
| Sheriff's commission | R 12 337.59 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 1 850.64 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 320 262.10 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 240 000.00 |
| 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 408 500.00 |
Cash
| On auction day | R 42 295.62 |
| Balance by 19 Aug 2026 | R 252 966.48 |
| All-in, floor to ceiling | R 320 262.10 – R 936 912.89 |
| All-in per m² at the ceiling | R 7 807.61 |
Registered against the title · 1
| Bond, Nedbank Ltd SB10501/2009 | R 977 018.00 |
Nearby sales · 12 used of 15
= Consistent with its own 2008 sale of R 1 080 000.00, at -0.8% a year over 17.8 years.
All 15 nearby sales exact records
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Unit 839 Scottburgh | R 1 779 | R 1 800 000 | 1012 | 121 | 2026 |
| Unit 5 Las Palmas Scottburgh 42 Scott Street | R 5 054 | R 1 400 000 | 277 | 129 | 2024 |
| Unit 11 Beacon Hill 2 Airth Street | R 6 091 | R 1 200 000 | 197 | 203 | 2026 |
| Unit 2 Gleneagles-Scottburgh 1 Adams Street | R 6 200 | R 1 178 000 | 190 | 0 | 2023 |
| Unit 3 Beacon Hill 2 Airth Street | R 6 806 | R 1 300 000 | 191 | 203 | 2025 |
| Unit 12 Tiljen Flats 68 Scott Street | R 7 279 | R 495 000 | 68 | 123 | 2025 |
| Unit 20 The Gulls 58 Scott Street | R 7 645 | R 925 000 | 121 | 80 | 2025 |
| Unit 6 Scott Mews 74 Scott Street | R 7 764 | R 1 250 000 | 161 | 154 | 2024 |
| Unit 29 The Gulls 58 Scott Street | R 7 851 | R 950 000 | 121 | 80 | 2025 |
| Unit 19 Gleneagles-Scottburgh 1 Adams Street | R 8 388 | R 1 015 000 | 121 | 0 | 2024 |
| Unit 13 The Gulls 58 Scott Street | R 8 678 | R 1 050 000 | 121 | 80 | 2026 |
| Unit 20 Gleneagles-Scottburgh 1 Adams Street | R 9 244 | R 1 100 000 | 119 | 0 | 2025 |
| Unit 2 The Gulls 58 Scott Street | R 9 339 | R 1 130 000 | 121 | 80 | 2025 |
| Unit 8 Camargue 53 Scott Street | R 10 588 | R 720 000 | 68 | 175 | 2024 |
| Unit 16 Camargue 53 Scott Street | R 40 000 | R 720 000 | 18 | 175 | 2024 |
12 nearby sales, sold 2023 to 2026. The median runs across the rest, and the rates they span put this erf between R 730 964.47 and R 1 270 588.24. 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 | 07718/2015 |
| 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 12 nearby sales, sold 2023 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.