Description

4 Bedroom Family Home with Staff Quarters and Pool

Locality

Lakefield

Source

SheriffHQ · ref 415993

Size

2377 m²

Bedrooms

4

Title

Freehold

Occupancy

unknown

Reserve

published

Erf size

not assessed

Auction

17 Sep 2026 · 10:00

Days to auction

37 days · in the 10–45 day window

Sheriff

Benoni

Gross yield

no rent held for Lakefield

To market

40.8% below

Screening

+ Pass, reserve · + Pass, walk away · ? Review, market

Flags · 4

• nobody with standing has signed off the conveyancing fee bands, which moved a figure here
• 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 R11700. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R240000 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.
• Market value is derived from 3 nearby sales, sold 2024 to 2026; 1 excluded as outliers, 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: Bham and Dahya Attorneys ((010) 498-5287). 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.