52 OBSERVATORY VILLAGE, LOT 735 CNR INNES & FRANCES STREET - MR146701

Sectional Title in Observatory - JHB, Johannesburg - East, Gauteng

R 400,000 to R 800,000

Standard Bank SIE Sale In Execution Property

Property to be sold on sheriff auction "as is"

Auction Date: 01 Oct 2025 at 11:00

2
1
50m2
52 OBSERVATORY VILLAGE, LOT 735 CNR INNES & FRANCES STREET - MR146701
Sectional Title in Observatory - JHB, Johannesburg - East, Gauteng
R 400,000 to R 800,000
Standard Bank SIE Sale In Execution 2 Bedroom Sectional Title for Sale in Observatory - JHB - MR146701
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Front View
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Front View of property in Observatory - JHB
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Front View of property in Observatory - JHB
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Front View of property in Observatory - JHB
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Front View of property in Observatory - JHB
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Front View of property in Observatory - JHB
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Kitchen of property in Observatory - JHB
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Lounges of property in Observatory - JHB
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Bed Room 1 of property in Observatory - JHB
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Bed Room 2 of property in Observatory - JHB
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Bathroom 1 of property in Observatory - JHB
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Balcony of property in Observatory - JHB
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Balcony of property in Observatory - JHB
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Backyard of property in Observatory - JHB
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Backyard of property in Observatory - JHB
2
1
50m2

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Key Features

Rooms

  • 2 Bedrooms
  • 1 Bathrooms

Services

  • Levy R248048

Kitchen

  • 1 Kitchen

More Features

  • Property Type - Sectional Title
  • Seller Type - Standard Bank SIE Sale In Execution
  • Erf Size - 50m2

MyRoof Stats

  • 32 Views
PID=146701 DID=136876 SID=22

Sheriff Auction

Conditions of sale at a sheriff auction:
A sale agreement is signed by the sheriff and the buyer. The buyer's responsibilities include:

  • Paying a deposit of 10% of the purchase price in cash or a bank guaranteed cheque, immediately on buying.
  • Paying commission on date of purchase by the buyer.
  • Guarantees for the balance of the purchase price, together with interest within 14 or 30 days
  • The buyer is responsible for the payment of any outstanding levies, water and electricity, rates and taxes.
  • The buyer is responsible for occupation of the property

A sale in execution is a public auction held by a Sheriff of the Court. This means a court order has been obtained by us to attach and sell the property to recover the money that has not been repaid on a home loan. We cannot accept or decline offers on these properties as we are not the legal owners. These properties are advertised in the Government Gazette as well as in any two local newspapers distributed in the area in which the property is situated. We also market these properties to estate agents and the public.

The purchaser shall immediately on demand pay the sheriff's commission calculated as follows:
  • 6% on the first R100 000.00, and
  • 3.5% on R100 001.00 to R400 000.00, and
  • 1.5% on the balance of the proceeds of the sale,
subject to a maximum commission of R40 000.00, plus VAT, in total and a minimum of R3 000.00, plus VAT, (inclusive in all instances of the sheriff’s bank charges and other expenses incurred in paying the proceeds into his or her trust account).

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Notes by Standard Bank

This is a Standard Bank Sale In Execution SIE Property. Email any queries to [email protected].

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If you require finance for this property, you can apply at any bank for a bond, as you would do on any other property. You need to take the signed Offer to Purchase to them with the application documentation. Read Standard Bank frequently asked questions for more info about Standard Bank SIE Sale In Execution Property

Standard Bank Disclaimer
This list is produced by the Standard Bank of South Africa Ltd ("the Bank") for information purposes only. All properties are sold "voetstoots" (meaning as is), and prospective purchasers' are advised that the Bank does not guarantee vacant occupation of the properties being sold, and purchasers will have to obtain vacant occupation at their own cost. You are advised to consult the relevant Deeds Registry Office for accurate information pertaining to a particular property, such as size, endorsements, servitudes etc. By making an offer on any property advertised on MyRoof.co.za, online, or using any other medium you warrant that you understand that making an offer is not a binding process and Standard Bank, in its sole and unbiased discretion, and for whatever reason retains the right to accept or reject any offer at any time for whatever reason and is not obliged to accept the highest offer. All users of the information on this website do so at their own risk. Neither the Bank nor MyRoof.co.za will be liable for any losses of whatsoever nature incurred, as a direct or indirect result of the use of the information on this list.

Erf Details: LOT 735 CNR INNES & FRANCES STREET - ERF LOT 735 OBSERVATORY VILLAGE JOHANNESBURG

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Notes about this property by MyRoof

This sectional title is for sale in Observatory - JHB. This is a Standard Bank SIE Sale In Execution Property .The following description of this suburb will give you a better idea of Observatory - JHB. Observatory derived its name from the city's first meteorological observatory site in 1903. Observatory is Jo'burgs highest point in terms of suburbs

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Observatory - JHB has the following point of interest, these include OR Tambo Airport (18.7km), Clearwater Mall (21.8km), Cresta (14.8km), Westgate Mall (24.7km), Nasrec Rd. (15.8km), Sandton City (11km), Johannesburg CBD (4.8km), Monte Casino (22.3km) and Gallagher Estate (21.8km)

This single storey sectional title floor area was not measured but the erf size was measured at 50m2.
This sectional title has monthly levy payable to the amount of R 248,048.

To buy this property you need to be present at the Sheriff auction as indicated when clicking the "Contact Details" button.

Interested in selling your property in Observatory - JHB? Via MyRoof, you can market house in a few easy steps, with professional help, every step of the Sell My House way. We've achieved 25 private property sales in Observatory - JHB. Because of our superior offering, there is a high demand from people to sell property in Observatory - JHB. To market your house online for free, click on the "Sell My Property" tab at the top of the page or the "Sell House" button on the right of this page.

Neighbouring Areas

Bezuidenhout Valley , Cyrildene , Dewetshof , Kensington - JHB , Observatory - JHB , South Kensington

Areas in this Region

Activia Park , Airport Park , Alexandra , Buccleuch , Buurendal , Clarenspark , Corlett Gardens , Croydon , Dawnview , De Klerkshof , Delville , Denlee , Dorelan , Dowerglen , Driehoek , Dunsevern , Dunvegan , Eastleigh , Eden Glen , Elandsfontein , Elmapark , Elsburg , Emerald Estate , Essexwold , Estera , Far East Bank , Fishers Hill , Founders Hill , Frankenwald , Geldenhuis Estate S.H. , Georgetown , Gerdview , Germiston South (Industries EA) , Gosforth Park , Greenstone Hill , Harmelia , Henville , Highway Gardens , Homestead , Hurlyvale , Illiondale , Isandovale , JP Bezuidenhout Park , Jupiter , Klippoortje , Klopperpark , Knights , Kruinhof , Lakeside - (Vereeniging) , Linbro Park A.H. , Longlake , Longmeadow Business Estate , Malvern , Marais Steyn Park , Marlands , Meadowbrook , Meadowdale , Modderfontein , Morninghill , Oriel , Parkhill Gardens , Pirowville , Rembrandt Park , Rembrandt Ridge , Rustivia , Sebenza , Senderwood , Simmerfield , Solheim , St Andrews , Sunnyrock , Symhurst , Thornhill Estate , Tunney , Ulana Park , Union , Wannenburghoogte , Webber , Westberry Gardens , Westfield , Westlake Eco-Estate , Westlake View , Wilbart , Woodmere , Wychwood

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