3 Bedroom Family Home with Staff Quarters on Large Erf
425172 · Boksburg · Boksburg South · 3 bed · freehold · auction 14 Aug 2026
Auction details
| Auction date | 14 Aug 2026 |
| Held by | Sheriff Boksburg |
Value indicators
| Last sold price | R 1 400 000.00 |
| Sale date | 2021/07/06 |
Walk away above R 795 699.19 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 published on the listing | R 750 000.00 |
| Sheriff's commission | R 21 750.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 3 262.50 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 40 000.00 |
| Firm cost | R 815 012.50 |
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 100 012.50 |
| Balance by 4 Sep 2026 | R 675 000.00 |
| All-in, floor to ceiling | R 815 012.50 – R 1 079 806.25 |
Registered against the title · 2
| Bond, Nedbank Ltd B33621/2021 | R 1 406 037.00 |
| Interdict I-1804/2026AT | — |
Nearby sales · 15 used of 15
= Consistent with its own 2021 sale of R 1 400 000.00, at -5.5% a year over 5.1 years.
All 15 nearby sales exact records
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Erf 490 | R 247 | R 327 000 | 1323 | 370 | 2023 |
| Erf 597 | R 634 | R 900 000 | 1419 | 205 | 2025 |
| Erf 570 | R 684 | R 990 000 | 1447 | 287 | 2023 |
| Erf 568 | R 717 | R 870 000 | 1214 | 314 | 2025 |
| Erf 511 | R 862 | R 800 000 | 928 | 326 | 2023 |
| Erf 617 | R 865 | R 800 000 | 925 | 274 | 2025 |
| Erf 601 | R 1 025 | R 950 000 | 927 | 192 | 2024 |
| Erf 625 | R 1 156 | R 1 300 000 | 1125 | 293 | 2026 |
| Erf 610 | R 1 176 | R 1 300 000 | 1105 | 251 | 2025 |
| Erf 512 | R 1 185 | R 1 100 000 | 928 | 342 | 2026 |
| Erf 553 | R 1 210 | R 1 050 000 | 868 | 490 | 2026 |
| Erf 591 | R 1 216 | R 1 250 000 | 1028 | 32 | 2025 |
| Erf 483 | R 1 327 | R 1 550 000 | 1168 | 454 | 2025 |
| Erf 580 | R 1 434 | R 1 295 000 | 903 | 117 | 2024 |
| Erf 603 | R 1 891 | R 1 649 000 | 872 | 193 | 2023 |
15 nearby sales, sold 2023 to 2026. The median runs across the rest, and the rates they span put this erf between R 327 000.00 and R 1 649 000.00. 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 · 4
| 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 2023 to 2026, at the median of sale price. It is evidence about the area, not a valuation of this property, which nobody has inspected.
Attorneys for the execution creditor: VELILE TINTO & ASSOCIATES INC. ((012) 8073366). This is the practical route to an arrears figure before auction day.