Description

4 Bedroom House with Outbuildings and Garage

Locality

Springs Central

Source

SheriffHQ · ref 426588

Size

495 m²

Bedrooms

4

Title

Freehold

Occupancy

unknown

Reserve

published

Erf size

not assessed

Auction

19 Aug 2026 · 11:00

Days to auction

8 days

Sheriff

Springs

Gross yield

no rent held for Springs Central

To market

7.2% 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 R69750 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: Smit Sewgoolam Inc (011362 4386). This is the practical route to an arrears figure before auction day.