2 Bedroom House with Garages and Fencing
425221 · Emalahleni · Reyno Ridge · 2 bed · 346 m² · freehold · auction 5 Aug 2026
Auction details
| Auction date | 5 Aug 2026 |
| Held by | Sheriff WITBANK |
Value indicators
| Last sold price | R 800 000.00 |
| Sale date | 2019/10/22 |
Walk away above R 992 307.69 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 543 000.00 |
| Sheriff's commission | R 18 645.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 2 796.75 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 40 000.00 |
| Firm cost | R 604 441.75 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 80 000.00 |
| 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 188 500.00 |
Cash
| On auction day | R 75 741.75 |
| Balance by 26 Aug 2026 | R 488 700.00 |
| All-in, floor to ceiling | R 604 441.75 – R 848 178.43 |
| All-in per m² at the ceiling | R 2 451.38 |
Registered against the title · 2
| Bond, Ltd B1264/2020 | R 800 000.00 |
| Interdict I-136/2026AT | — |
Nearby sales · 13 used of 15
= Consistent with its own 2019 sale of R 800 000.00, at 6.8% a year over 6.8 years.
Selected sale Erf 1704 · R 3 468/m² · R 1 200 000 · 346m² · 27m away · sold 2024 · used by model
Used by model Context only
All 15 nearby sales exact records
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Erf 1704 | R 0 | R 880 000 | 3460000 | 83 | 2026 |
| Erf 551 | R 1 558 | R 1 580 000 | 1014 | 173 | 2025 |
| Erf 1705 | R 2 464 | R 850 000 | 345 | 90 | 2025 |
| Erf 89 | R 2 772 | R 790 000 | 285 | 126 | 2024 |
| Erf 1704 | R 3 241 | R 1 050 000 | 324 | 46 | 2025 |
| Erf 1704 | R 3 295 | R 1 140 000 | 346 | 100 | 2024 |
| Erf 1704 | R 3 468 | R 1 200 000 | 346 | 27 | 2024 |
| Erf 1704 | R 3 472 | R 1 250 000 | 360 | 149 | 2025 |
| Erf 1704 | R 3 613 | R 1 250 000 | 346 | 54 | 2026 |
| Erf 88 | R 3 793 | R 2 230 000 | 588 | 117 | 2025 |
| Erf 1704 | R 4 074 | R 1 320 000 | 324 | 110 | 2026 |
| Erf 1704 | R 4 167 | R 1 350 000 | 324 | 108 | 2025 |
| Erf 1704 | R 4 306 | R 1 395 000 | 324 | 65 | 2025 |
| Erf 1705 | R 4 544 | R 1 495 000 | 329 | 111 | 2025 |
| Erf 1704 | R 5 093 | R 1 650 000 | 324 | 56 | 2026 |
13 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 852 463.77 and R 1 762 037.04. 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 · 7
| Case number | 3822/2024 |
| 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.
Market value is derived from 13 nearby sales, sold 2024 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: MOTHLE JOOMA SABDIA INC (012 362 3137). This is the practical route to an arrears figure before auction day.