PropertyLane Census 3 Aug 2026 Sign in
387 sales in execution 197 with a reserve 40 without one 8 provinces

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5 Bedroom Farm House with Outbuildings and Pool on Large Erf

425143 · Krugersdorp · Hekpoort · 5 bed · freehold · auction 4 Aug 2026

SheriffHQ
+Pass, reserve ?Review, size ?Review, market 1 days

Auction details

Auction date 4 Aug 2026
Auction venueOld ABSA Building, Ground Floor
Held bySheriff Krugersdorp

Value indicators

Last sold priceR 1 400 000.00
Sale date2005/06/13
Gross yield
not computed
no rent held for Hekpoort
Under market
no comparable value held

Firm, figures that exist

Bid price, reserve published on the listing R 1 916 000.00
Sheriff's commissionR 39 240.00
Commission VAT rate unconfirmed, as at 2025-05-01 R 5 886.00
Transfer dutyR 28 746.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 60 000.00
Firm costR 2 049 872.00

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 80 000.00
Remediation R 0.00R 50 000.00
Eviction R 0.00R 45 000.00
Holding cost R 4 500.00R 13 500.00
Provisioned range R 4 500.00R 188 500.00

Cash

On auction dayR 265 472.00
Balance by 25 Aug 2026 R 1 724 400.00
All-in, floor to ceiling R 2 049 872.00R 2 442 342.00

Registered against the title · 5

Bond, Standard Bank Of South Africa Ltd B46431/2016 R 800 000.00
Bond, Standard Bank Of South Africa Ltd B33089/2006 R 300 000.00
Bond, Standard Bank Of South Africa Ltd B166884/2005 R 1 400 000.00
Bond, Standard Bank Of South Africa Ltd B5793/2007 R 300 000.00
Interdict I-1205/2026AT
!1 interdict registered. An interdict restrains dealing with the property and is not extinguished by the sale in the way a bond is. This is a question for the conveyancer before bidding, not after.

Recited by the notice · 6

Case number74585/2024
Evidence read 2026-07-31

Flags · 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.

Attorneys for the execution creditor: Findlay & Niemeyer Attorneys ((012)342-9164). 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.

Keep this one Favourites hold a shortlist, not a decision

Provenance

Case opened 2024
Arrears accumulate from about then, and the arrears provision's ceiling ages with the judgment.
Oldest bond registered 2005
An old bond is mostly amortised: the creditor's exposure - and its floor - is lower than the amount suggests.
Reserve is rand-exact R 1 916 000.00
A reserve that is not a round number reads as the creditor's outstanding balance printed as the reserve, where a round one reads as a valuation.
The firm's live book 7 sales in this census
The attorneys on record execute other live sales too. Panel volume, and a portfolio-clearance flag when the lots cluster in one area.