Property report · census 3 Aug 2026
425143 · 5 Bedroom Farm House with Outbuildings and Pool on Large Erf
Hekpoort, Hartebeestfontein, Portion 304 - 1 Damhoek Road
The auction
When
4 Aug 2026
Tuesday · 1 lead day
Held by
Sheriff Krugersdorp
Gauteng
Where
Old ABSA Building, Ground Floor
as the notice recites it
Cash on auction day
R 265 472
balance R 1 724 400 by 25 Aug 2026
All-in cost
R 2 049 872
to R 2 442 342 at full provisions
Discount to market
—
no market value held
Gross yield
—
market reference 10.9%
The money ladder · bid basis: reserve
| Bid band (reserve) | R 1 916 000 – R 2 107 600 |
| All-in ceiling | R 2 442 342 |
Firm cost at the bid floor · R 2 049 872
| Bid price | R 1 916 000 |
| Sheriff's commission, incl VAT | R 45 126 |
| Transfer duty | R 28 746 |
| Conveyancing | R 60 000 |
| Firm cost per m² | — |
Provisions, floor to ceiling · R 4 500 – R 188 500
Municipal arrears
R 80 000
Remediation
R 50 000
Eviction
R 45 000
Holding cost
R 13 500
Evaluation states
✓
reserve · pass
?
size · review
?
market · review
Provenance
| Case opened | 2024 |
| Oldest bond registered | 2005 |
| Reserve is rand-exact | R 1 916 000.00 |
| The firm's live book | 7 sales in this census |
Warnings · 3
- conveyancing_bands
- commission scale not recited in the notice - configured fallback used
- VAT status is not recited, and notices do not state it: modelled as a transfer-duty sale at R28746. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R287400 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. Assumptions version 3. Modelled from the census of 3 Aug 2026; nothing here is a valuation of a property nobody has inspected.