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Land with Agricultural Potential

425236 · Malmesbury · Malmesbury · freehold · auction 7 Aug 2026

SheriffHQ
+Pass, reserve ?Review, size ?Review, market 4 days

Auction details

Auction date 7 Aug 2026
Auction venue11 ST JOHN STREET, MALMESBURY In pursuance of a judgment granted by this Honourable Court on 13 JUNE 2018
Held bySheriff Malmesbury

Value indicators

Last sold priceR 1 100 000.00
Sale date2012/08/08
Gross yield
not computed
no rent held for Malmesbury
Under market
no comparable value held

Firm, figures that exist

Bid price, reserve published on the listing R 1 800 000.00
Sheriff's commissionR 37 500.00
Commission VAT rate unconfirmed, as at 2025-05-01 R 5 625.00
Transfer dutyR 21 786.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 60 000.00
Firm costR 1 924 911.00

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 240 000.00
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 348 500.00

Cash

On auction dayR 244 911.00
Balance by 28 Aug 2026 R 1 620 000.00
All-in, floor to ceiling R 1 924 911.00R 2 467 086.00

Registered against the title · 4

Bond, A B S A Bank Ltd B30295/2012 R 925 000.00
Interdict I-1909/2025AT
Interdict I-1939/2025AT
Interdict I-888/2022AT
!3 interdicts 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

Case number6558/2018
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 2018-opened case: R240000 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 R21786. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R270000 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: TIM DU TOIT ATTORNEYS (021 529 7710). 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

Case opened 2018
Arrears accumulate from about then, and the arrears provision's ceiling ages with the judgment.
Oldest bond registered 2012
An old bond is mostly amortised: the creditor's exposure - and its floor - is lower than the amount suggests.
The firm's live book 9 sales in this census
The attorneys on record execute other live sales too. Panel volume, and a portfolio-clearance flag when the lots cluster in one area.