PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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2 Bedroom Apartment

421211 · Wonderboom · Montana Tuine · 2 bed · sectional · auction 31 Jul 2026

+Pass, reserve ×Fail, walk_away ?Review, market 0 days
Gross yield
not computed
no rent held for Montana Tuine
Over market
11.9%
value R 625 000.00, all-in above it

Walk away above R 335 135.79 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, reserve published on the listing R 370 000.00
Sheriff's commissionR 15 450.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 2 317.50
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 412 767.50

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 80 000.00
Remediation R 0.00R 50 000.00
Levy arrears R 0.00R 60 000.00
Eviction R 0.00R 45 000.00
Holding cost R 4 500.00R 13 500.00
Provisioned range R 4 500.00R 248 500.00

Cash

On auction dayR 54 767.50
Balance by 21 Aug 2026 R 333 000.00
All-in, floor to ceiling R 412 767.50R 699 595.75
All-in per m² at the ceilingR 12 062.00

Registered against the title · 1

Bond, Pty Ltd SB1986/2022 R 756 000.00

Nearby sales · 11 used of 13

Market value
R 625 000.00
R 10 775.86 per m², median
Last sold
R 630 000.00
2021/09/06

= Consistent with its own 2021 sale of R 630 000.00, at -0.2% a year over 4.9 years.

ErfPer m²PriceSize AwaySold
Unit 52 Crimson Manor 1409 Chat Street out R 6 897 R 400 000 58 0 2025
Unit 8 Mopani 4 47 Cello Street R 8 397 R 1 100 000 131 128 2025
Unit 66 Crimson Manor 1409 Chat Street R 10 172 R 590 000 58 0 2025
Unit 83 Crimson Manor 1409 Chat Street R 10 690 R 620 000 58 0 2025
Unit 59 Crimson Manor 1409 Chat Street R 10 690 R 620 000 58 0 2025
Unit 93 Crimson Manor 1409 Chat Street R 10 759 R 624 000 58 0 2026
Unit 69 Crimson Manor 1409 Chat Street R 10 776 R 625 000 58 0 2026
Unit 27 Crimson Manor 1409 Chat Street R 10 776 R 625 000 58 0 2026
Unit 8 Crimson Manor 1409 Chat Street R 10 862 R 630 000 58 0 2025
Unit 5 Crimson Manor 1409 Chat Street R 10 949 R 646 000 59 0 2025
Unit 1 Crimson Manor 1409 Chat Street R 11 034 R 640 000 58 0 2026
Unit 71 Crimson Manor 1409 Chat Street R 11 207 R 650 000 58 0 2026
Unit 13 Crimson Manor 1409 Chat Street R 11 207 R 650 000 58 0 2025
Unit 8 Mopani 5 596 Chadwick Street R 11 635 R 1 850 000 159 138 2026
Unit 75 Crimson Manor 1409 Chat Street out R 11 897 R 690 000 58 0 2025

11 nearby sales, sold 2025 to 2026; 2 excluded as outliers. The 2 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 590 000.00 and R 650 000.00. 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

Case number2024/0339
Evidence read 2026-07-31

Flags · 5

!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 R55500 in its place.
!the lowest bid this sale permits, R370000, is already above the R335136 walk-away price - no bid in the band recovers its own cost against modelled value, so this cannot alert whatever the rent turns out to be

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 11 nearby sales, sold 2025 to 2026; 2 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: Friedland Hart Solomon Nicolson ((012) 424-0200). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision