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Crime — Roodepoort precinct
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Roodepoort North · Gauteng

2 Bedroom Apartment in Scheme

Grobler Park, Unit 20 Greystone - 673 Klipling Street

2 bed · sectional · SheriffHQ · ref 441750

no comparable value held for this property

Recommendation Not a candidate the bid floor is not below the modelled walk-away

Bid from R 50 000.00 modelled band floor
Walk away above no comparable value to derive one from
All-in at the ceiling R 794 200.00 bid plus every cost, firm and provisioned

Why ? Review, reserve · ? Review, size · ? Review, market

What would change this · 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 R7500 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.