Description

4 Bedroom Family Home with Outbuilding and Pool

Locality

Bassonia

Source

SheriffHQ · ref 426650

Size

1801 m²

Bedrooms

4

Title

Freehold

Occupancy

unknown

Reserve

without_reserve

Erf size

not assessed

Auction

18 Aug 2026 · 10:00

Days to auction

7 days

Sheriff

Johannesburg East

Gross yield

no rent held for Bassonia

To market

83.8% below

Screening

○ No reserve · ? Review, walk away · ? Review, market

Flags · 5

• 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 2023-opened case: R90000 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 R0. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R7500 in its place.
• market value disagrees with this property's own last sale - this value implies +20.2% a year against its own 2022 sale, outside the -10% to +18% the rest of the census shows

• 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 2023 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: Stegmanns Inc. (0861333402). This is the practical route to an arrears figure before auction day.