2 Bedroom Apartment
425219 · Emalahleni · Tasbet Park · 2 bed · 103 m² · sectional · auction 5 Aug 2026
+Pass, reserve
?Review, market
2 days
Auction details
| Auction date | 5 Aug 2026 |
| Held by | Sheriff Emalahleni |
Value indicators
| Last sold price | R 292 500.00 |
| Sale date | 2006/12/20 |
Gross yield
not computed
no rent held for Tasbet Park
Under market
—
no comparable value held
Firm, figures that exist
| Bid price, reserve published on the listing | R 200 000.00 |
| Sheriff's commission | R 9 500.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 1 425.00 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 235 925.00 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 150 000.00 |
| 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 318 500.00 |
Cash
| On auction day | R 30 925.00 |
| Balance by 26 Aug 2026 | R 180 000.00 |
| All-in, floor to ceiling | R 235 925.00 – R 575 230.00 |
| All-in per m² at the ceiling | R 5 584.76 |
Registered against the title · 1
| Bond, Eskom Finance Co Pty Ltd SB57988/2007 | R 480 000.00 |
Recited by the notice · 6
| Case number | 2751/2021 |
| Evidence read | 2026-07-31 |
Flags · 4
!conveyancing_bands
!commission scale not recited in the notice - configured fallback used
!the municipal arrears ceiling is aged to the 2021-opened case: R150000 against the R80000 base, at R30000 a judgment-year capped at R240000 - unconfirmed model parameters, and still a provision, not a quote
!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 R30000 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: MATLALA VON METZINGER ATTORNEYS ((013) 656 6059). This is the practical route to an arrears figure before auction day.