PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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2 Bedroom House with 1 Other Room

423594 · Kempton Park · Klipfontein View · 2 bed · freehold · auction 6 Aug 2026

+Pass, reserve ?Review, size ×Fail, walk_away ?Review, market 6 days
Gross yield
not computed
no rent held for Klipfontein View
Over market
19.2%
value R 840 000.00, all-in above it

Walk away above R 589 260.26 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 680 000.00
Sheriff's commissionR 20 700.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 3 105.00
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 40 000.00
Firm costR 743 805.00

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 80 000.00
Remediation R 0.00R 50 000.00
Eviction R 0.00R 45 000.00
Holding cost R 4 500.00R 13 500.00
Provisioned range R 4 500.00R 188 500.00

Cash

On auction dayR 111 805.00
Balance by 27 Aug 2026 R 612 000.00
All-in, floor to ceiling R 743 805.00R 1 001 478.00

Registered against the title · 4

Bond, Nedbank Ltd B148113/2006 R 302 400.00
Interdict I-1178/2016AT
Interdict I-2806/2008AT
Interdict I-2114/2025AT
!3 interdicts registered. An interdict restrains dealing with the property and is not extinguished by the sale in the way a bond is. This is a question for the conveyancer before bidding, not after.

Nearby sales · 14 used of 15

Market value
R 840 000.00
median sale price
Last sold
R 280 000.00
2006/06/13

= Consistent with its own 2006 sale of R 280 000.00, at 5.6% a year over 20.1 years.

ErfPer m²PriceSize AwaySold
Erf 1869 R 1 722 R 830 000 482 211 2024
Erf 1856 R 2 000 R 1 000 000 500 159 2026
Erf 1866 R 2 054 R 990 000 482 183 2026
Erf 1766 R 2 129 R 560 000 263 58 2023
Erf 1789 R 2 800 R 700 000 250 262 2025
Erf 1842 out R 2 820 R 1 300 000 461 201 2026
Erf 2199 R 2 840 R 710 000 250 96 2023
Erf 1785 R 3 000 R 750 000 250 184 2024
Erf 2162 R 3 040 R 830 000 273 101 2025
Erf 527 R 3 347 R 800 000 239 150 2025
Erf 2086 R 3 469 R 850 000 245 211 2025
Erf 2106 R 3 549 R 1 150 000 324 178 2025
Erf 2115 R 3 551 R 870 000 245 188 2024
Erf 2122 R 3 673 R 900 000 245 215 2025
Erf 1784 R 3 800 R 950 000 250 171 2025

14 nearby sales, sold 2023 to 2026; 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 560 000.00 and R 1 150 000.00. 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

Registration to bid, refundable R 20 000.00
Sale held byKEMPTON PARK
Case number093639/2024
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 R102000 in its place.
!the lowest bid this sale permits, R680000, is already above the R589260 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 14 nearby sales, sold 2023 to 2026; 1 excluded as outliers, at the median of sale price. It is evidence about the area, not a valuation of this property, which nobody has inspected.

Attorneys for the execution creditor: HACK STUPEL & ROSS (012 325-4185). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision