6 Bedroom Family Home with Pool
425218 · Polokwane · Welgelegen (N) · 6 bed · 1450 m² · freehold · auction 5 Aug 2026
Auction details
| Auction date | 5 Aug 2026 |
| Held by | Sheriff Polokwane |
Value indicators
| Last sold price | R 2 186 000.00 |
| Sale date | 2016/01/20 |
Walk away above R 1 920 458.21 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 2 400 000.00 |
| Sheriff's commission | R 40 000.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 6 000.00 |
| Transfer duty | R 59 200.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 60 000.00 |
| Firm cost | R 2 565 200.00 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 120 000.00 |
| 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 228 500.00 |
Cash
| On auction day | R 360 200.00 |
| Balance by 26 Aug 2026 | R 2 160 000.00 |
| All-in, floor to ceiling | R 2 565 200.00 – R 3 052 900.00 |
| All-in per m² at the ceiling | R 2 105.45 |
Registered against the title · 2
| Bond, Ltd B22662/2016PTA | R 2 186 000.00 |
| Interdict I-218/2024AT | — |
Nearby sales · 15 used of 15
= Consistent with its own 2016 sale of R 2 186 000.00, at 0.4% a year over 10.5 years.
All 15 nearby sales exact records
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Erf 82 | R 596 | R 834 368 | 1400 | 94 | 2024 |
| Erf 1948 | R 1 135 | R 1 800 000 | 1586 | 318 | 2017 |
| Erf 40 | R 1 216 | R 2 000 000 | 1645 | 162 | 2025 |
| Erf 1006 | R 1 324 | R 2 100 000 | 1586 | 251 | 2023 |
| Erf 1928 | R 1 419 | R 2 250 000 | 1586 | 256 | 2025 |
| Erf 1904 | R 1 513 | R 2 400 000 | 1586 | 336 | 2025 |
| Erf 72 | R 1 517 | R 2 200 000 | 1450 | 174 | 2025 |
| Erf 1005 | R 1 575 | R 2 480 000 | 1575 | 251 | 2026 |
| Erf 38 | R 1 621 | R 2 770 000 | 1709 | 179 | 2024 |
| Erf 49 | R 1 773 | R 2 500 000 | 1410 | 157 | 2025 |
| Erf 24 | R 2 073 | R 3 200 000 | 1544 | 339 | 2025 |
| Erf 268 | R 2 097 | R 3 150 000 | 1502 | 341 | 2025 |
| Erf 82 | R 2 136 | R 2 990 000 | 1400 | 94 | 2026 |
| Erf 260 | R 2 306 | R 2 550 000 | 1106 | 359 | 2025 |
| Erf 259 | R 2 486 | R 2 250 000 | 905 | 338 | 2025 |
15 nearby sales, sold 2017 to 2026. The median runs across the rest, and the rates they span put this erf between R 864 166.86 and R 3 604 972.38. 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 · 9
| Registration to bid, refundable | R 15 000.00 |
| Case number | 6743/2022 |
| Evidence read | 2026-07-31 |
Flags · 5
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 2017 to 2026, 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: VEZI DE BEER ATTORNEYS (012 361 5640). 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.