2 Bedroom Apartment
425183 · Roodepoort North · Florida · 2 bed · 74 m² · sectional · auction 14 Aug 2026
+Pass, reserve
?Review, market
11 days · in window
Auction details
| Auction date | 14 Aug 2026 |
| Held by | Sheriff ROODEPOORT |
Value indicators
| Last sold price | R 739 000.00 |
| Sale date | 2020/09/02 |
Gross yield
not computed
no rent held for Florida
Under market
—
no comparable value held
Firm, figures that exist
| Bid price, reserve published on the listing | R 497 000.00 |
| Sheriff's commission | R 17 955.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 2 693.25 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 542 648.25 |
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 70 348.25 |
| Balance by 13 Sep 2026 | R 447 300.00 |
| All-in, floor to ceiling | R 542 648.25 – R 856 705.58 |
| All-in per m² at the ceiling | R 11 577.10 |
Registered against the title · 2
| Bond, Firstrand Mortgage Co Rf Pty Ltd SB14085/2021 | R 739 000.00 |
| Interdict I-3059/2026AT | — |
!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 · 7
| 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 R0. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R74550 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: OTTO KRAUSE INCORPORATED ATTORNEYS (0116752881). This is the practical route to an arrears figure before auction day.