3 Bedroom Apartment with Lounge and Dining Room
425117 · Randburg South West · Ferndale · 3 bed · 198 m² · sectional · auction 12 Aug 2026
Auction details
| Auction date | 12 Aug 2026 |
| Held by | Sheriff Randburg South West |
Value indicators
| Last sold price | R 1 750 000.00 |
| Sale date | 2020/12/12 |
Firm, figures that exist
| Bid price, reserve published on the listing | R 1 750 000.00 |
| Sheriff's commission | R 36 750.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 5 512.50 |
| Transfer duty | R 18 786.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 60 000.00 |
| Firm cost | R 1 871 048.50 |
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 236 048.50 |
| Balance by 2 Sep 2026 | R 1 575 000.00 |
| All-in, floor to ceiling | R 1 871 048.50 – R 2 318 067.25 |
| All-in per m² at the ceiling | R 11 707.41 |
Recited by the notice · 7
| Case number | 2023/0698 |
| 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.
Attorneys for the execution creditor: Lowndes Dlamini (011-292-5777). 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.