2 Bedroom Apartment
425175 · Johannesburg East · Turffontein · 2 bed · 129 m² · sectional · auction 4 Aug 2026
Auction details
| Auction date | 4 Aug 2026 |
| Held by | Sheriff Johannesburg East |
Value indicators
| Last sold price | R 385 000.00 |
| Sale date | 2012/08/09 |
Firm, figures that exist
| Bid price, reserve published on the listing | R 31 500 000.00 |
| Sheriff's commission | R 40 000.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 6 000.00 |
| Transfer duty | R 3 606 156.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 60 000.00 |
| Firm cost | R 35 212 156.00 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 80 000.00 |
| 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 248 500.00 |
Cash
| On auction day | R 6 802 156.00 |
| Balance by 25 Aug 2026 | R 28 350 000.00 |
| All-in, floor to ceiling | R 35 212 156.00 – R 39 020 156.00 |
| All-in per m² at the ceiling | R 302 481.83 |
Registered against the title · 2
| Bond, Nedbank Ltd SB8588/2013 | R 385 000.00 |
| Interdict I-2773/2022AT | — |
Recited by the notice · 8
| Case number | 2024/0843 |
| 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.
Attorneys for the execution creditor: MOLEFE DLEPU INCORPORATED (0116160005). 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.