Description

2 Bedroom House with Braai Room and Double Garage

Locality

Parklands

Source

SheriffHQ · ref 426697

Size

634 m²

Bedrooms

2

Title

Freehold

Occupancy

unknown

Reserve

published

Erf size

342 m² (sub place, n=7196)

Auction

18 Aug 2026 · 12:00

Days to auction

7 days

Sheriff

Cape Town North

Gross yield

no rent held for Parklands

To market

33.9% 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 R8700. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R225000 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 8 nearby sales, sold 2024 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: LGR Incorporated (012 817 4832). 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.