Theewaterskloof Municipality completed a General Valuation of allproperties located in the Municipal area. The valuations are carried out in accordance with the Local Government: Municipal Property Rates Act, Act No. 6 of 2004, as amended (hereinafter referred to as “the Act”). The new General Valuation Roll will come into effect on 1 July 2018.
In terms of the provisions of the Act, the basis of all valuations is market value. Market value is defined in Section 46 (1) of the Act as the amount that the property would acquire on the date of valuation (1 July 2017) in the open market if it would be sold by a willing seller to a willing buyer.
Below are copies of the respective Valuation Rolls of properties in the Ward 2 Area, as determined by the appointed service provider on behalf of the Local Authority.
