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3 Bedroom Family Home with Pool

425177 · Sandton North · Barbeque Downs · 3 bed · 505 m² · freehold · auction 4 Aug 2026

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

Auction details

Auction date 4 Aug 2026
Held bySheriff SANDTON NORTH situated at 24 RHODES STREET

Value indicators

Last sold priceR 2 600 000.00
Sale date2021/09/09
Gross yield
not computed
no rent held for Barbeque Downs
Under market
27.7%
value R 2 892 181.27

Walk away above R 2 528 223.40 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 1 617 000.00
Sheriff's commissionR 34 755.00
Commission VAT rate unconfirmed, as at 2025-05-01 R 5 213.25
Transfer dutyR 12 210.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 60 000.00
Firm costR 1 729 178.25

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 263 878.25
Balance by 25 Aug 2026 R 1 455 300.00
All-in, floor to ceiling R 1 729 178.25R 2 090 465.58
All-in per m² at the ceilingR 4 139.54

Registered against the title · 3

Bond, Investec Bank Ltd B58241/2021 R 2 600 000.00
Bond, Investec Bank Ltd B25068/2023 R 230 000.00
Interdict I-2016/2025AT
!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.

Nearby sales · 13 used of 14

Market value
R 2 892 181.27
R 5 727.09 per m², median

= Consistent with its own 2021 sale of R 2 600 000.00, at 2.2% a year over 4.9 years.

Start bottom-left Nearby sales below the model rate are the conservative benchmark.
Crosshairs: R 5 727/m² model median · 102m median distance

Selected sale Erf 916 · R 5 561/m² · R 2 825 000 · 508m² · 47m away · sold 2025 · used by model

Used by model Excluded outlier

All 14 nearby sales exact records
ErfPer m²PriceSize AwaySold
Erf 856 R 5 150 R 2 580 000 501 150 2024
Erf 930 R 5 382 R 2 750 000 511 136 2026
Erf 914 R 5 512 R 2 800 000 508 93 2026
Erf 916 R 5 561 R 2 825 000 508 47 2025
Erf 859 R 5 589 R 2 800 000 501 102 2024
Erf 932 R 5 706 R 2 870 000 503 86 2026
Erf 874 R 5 727 R 2 875 000 502 100 2025
Erf 933 R 5 876 R 2 950 000 502 61 2024
Erf 921 R 5 893 R 3 200 000 543 57 2024
Erf 945 R 6 040 R 3 050 000 505 160 2025
Erf 736 R 6 128 R 2 200 000 359 163 2026
Erf 937 R 6 154 R 3 200 000 520 121 2026
Erf 741 R 6 563 R 2 750 000 419 226 2026
Erf 884 out R 8 036 R 4 050 000 504 101 2025

13 nearby sales, sold 2024 to 2026; 1 excluded as outliers. The 1 marked out sit beyond three median absolute deviations of the rate: improved property filed against a vacant erf, or a transfer not at arm's length. They are struck through rather than dropped, so the exclusion can be argued with. The median runs across the rest, and the rates they span put this erf between R 2 600 598.80 and R 3 314 439.14. 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 · 8

Zoninga residentialholding
Registration to bid, refundable R 50 000.00
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 R12210. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R242550 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.

Market value is derived from 13 nearby sales, sold 2024 to 2026; 1 excluded as outliers, at the median of rate per square metre. It is evidence about the area, not a valuation of this property, which nobody has inspected.

Attorneys for the execution creditor: ISMAIL & DAHYA ATTORNEYS ((011) 837 0366). 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

Oldest bond registered 2021
An old bond is mostly amortised: the creditor's exposure - and its floor - is lower than the amount suggests.
Reserve is rand-exact R 1 617 000.00
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.