Description

1 Bedroom Apartment in Scheme

Locality

Northwold

Source

SheriffHQ · ref 425090

Size

78 m²

Bedrooms

1

Title

Sectional

Occupancy

unknown

Reserve

published

Erf size

not assessed

Auction

12 Aug 2026 · 11:00

Days to auction

1 days

Sheriff

Randburg South West

Gross yield

no rent held for Northwold

To market

35.8% below

Screening

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

Flags · 3

• 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
• 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 R15750 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 15 nearby sales, sold 2022 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: Heerschop Pienaar Attorneys (011 763 3050). This is the practical route to an arrears figure before auction day.