PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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Land with Residential Zoning

416005 · Bethlehem · Clarens · freehold · auction 31 Jul 2026

?Review, reserve +Pass, walk_away ?Review, market 0 days
Gross yield
not computed
no rent held for Clarens
Under market
0.0%
value R 293 029.54

Walk away above R 116 947.41 Bid more than this and the all-in cost, provisions at full, passes what the property is worth. It is a ceiling on the bid, not a forecast of it, and it moves with the provisions.

Firm, figures that exist

Bid price, opening, anchored to market value R 87 908.86
Sheriff's commissionR 5 274.53
Commission VAT rate unconfirmed, as at 2018-04-01 R 791.18
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 118 974.57

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 80 000.00
Remediation R 0.00R 50 000.00
Holding cost R 4 500.00R 13 500.00
Provisioned range R 4 500.00R 143 500.00

Cash

On auction dayR 14 856.60
Balance by 21 Aug 2026 R 79 117.97
All-in, floor to ceiling R 118 974.57R 293 029.54
All-in per m² at the ceilingR 418.02

Nearby sales · 10 used of 15

Market value
R 293 029.54
R 418.02 per m², median
Last sold
R 244 000.00
2016/11/11

= Consistent with its own 2016 sale of R 244 000.00, at 1.9% a year over 9.7 years.

ErfPer m²PriceSize AwaySold
Erf 1163 R 340 R 246 000 724 20 2025
Erf 1117 R 342 R 240 000 702 123 2024
Erf 1116 R 342 R 240 000 701 124 2024
Erf 1132 R 357 R 250 000 700 117 2025
Erf 1110 R 372 R 300 000 807 86 2026
Erf 1157 R 464 R 325 000 700 103 2025
Erf 1115 R 609 R 435 000 714 128 2025
Erf 1143 R 610 R 427 000 700 168 2025
Erf 1104 R 643 R 450 000 700 159 2026
Erf 1080 R 663 R 350 000 528 214 2025
Erf 1069 out R 3 074 R 1 780 000 579 149 2024
Erf 1069 out R 3 454 R 2 000 000 579 149 2025
Erf 1117 out R 3 974 R 2 790 000 702 123 2025
Erf 1167 out R 4 510 R 3 080 000 683 60 2024
Erf 1073 out R 4 762 R 2 500 000 525 201 2025

10 nearby sales, sold 2024 to 2026; 5 excluded as outliers. The 5 marked out sit beyond three median absolute deviations of the rate: improved property filed against a vacant erf, or a transfer not at arm's length. They are struck through rather than dropped, so the exclusion can be argued with. The median runs across the rest, and the rates they span put this erf between R 238 185.08 and R 464 678.03. Sizes are in m² and distances in metres. Evidence about the area, not a valuation of this property, which nobody has inspected.

Recited by the notice · 7

Occupancyvacant
Sale held byOF THE COURT BETHLEHEM 257 COMMISSIONER STREET
Case number573/2022
Evidence read 2026-07-31

Flags · 4

!conveyancing_bands
!vat_rate
!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 R13186 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 10 nearby sales, sold 2024 to 2026; 5 excluded as outliers, 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: LEVINE & FREEDMAN ATTORNEYS (087 265 1831). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision