PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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2 Bedroom Apartment

421212 · Wonderboom · Winternest AH · 2 bed · sectional · auction 31 Jul 2026

+Pass, reserve ×Fail, walk_away ?Review, market 0 days
Gross yield
not computed
no rent held for Winternest AH
Over market
28.6%
value R 666 018.52, all-in above it

Walk away above R 374 567.19 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 497 000.00
Sheriff's commissionR 17 955.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 2 693.25
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 542 648.25

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 90 348.25
Balance by 21 Aug 2026 R 447 300.00
All-in, floor to ceiling R 542 648.25R 856 705.58
All-in per m² at the ceilingR 15 576.47

Registered against the title · 1

Bond, Ltd SB48742/2017 R 585 000.00

Nearby sales · 10 used of 11

Market value
R 666 018.52
R 12 109.43 per m², median
Last sold
R 585 000.00
2017/08/16

= Consistent with its own 2017 sale of R 585 000.00, at 1.5% a year over 9.0 years.

ErfPer m²PriceSize AwaySold
Unit 411 The Orchards Ext 10 R 392 R 620 000 1581 256 2025
Unit 411 The Orchards Ext 10 R 841 R 1 330 000 1581 256 2025
Unit 225 The Orchards Ext 3 R 1 256 R 1 300 000 1035 283 2025
Unit 6 Ancrohof R 5 862 R 850 000 145 289 2025
Unit 166 Orchards Village out R 7 650 R 306 000 40 0 2023
Unit 1 Orchards Village R 8 750 R 420 000 48 0 2025
Unit 167 Orchards Village R 11 000 R 440 000 40 0 2025
Unit 40 Orchards Village R 11 111 R 600 000 54 0 2025
Unit 81 Orchards Village R 11 607 R 650 000 56 0 2024
Unit 35 Orchards Village R 12 037 R 650 000 54 0 2025
Unit 56 Orchards Village R 12 182 R 670 000 55 0 2025
Unit 166 Orchards Village R 12 250 R 490 000 40 0 2025
Unit 1 Orchards Village R 12 500 R 600 000 48 0 2025
Unit 160 Orchards Village R 13 125 R 525 000 40 0 2025
Unit 144 Orchards Village R 13 500 R 540 000 40 0 2024

10 nearby sales, sold 2024 to 2025; 1 excluded as outliers. The 1 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 481 250.00 and R 742 500.00. 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 · 8

Registration to bid, refundable R 20 000.00
Case number17102/2024
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 R74550 in its place.
!the lowest bid this sale permits, R497000, is already above the R374567 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 10 nearby sales, sold 2024 to 2025; 1 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: VEZI DE BEER ATTORNEYS (012 361 5640). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision