PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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Land with Residential Zoning

423598 · Vanderbijlpark · Evaton West · freehold · auction 31 Jul 2026

+Pass, reserve ×Fail, walk_away ?Review, market 0 days
Gross yield
not computed
no rent held for Evaton West
Over market
77.4%
value R 250 992.22, all-in above it

Walk away above R 34 042.22 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 200 000.00
Sheriff's commissionR 9 500.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 1 425.00
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 235 925.00

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 30 925.00
Balance by 21 Aug 2026 R 180 000.00
All-in, floor to ceiling R 235 925.00R 445 230.00
All-in per m² at the ceilingR 2 731.47

Registered against the title · 2

Bond, Amount B31455/2009 R 104 236 000.00
Bond, Housing Inv Partners Trust B1391/2015 R 315 443.00

Nearby sales · 12 used of 12

Market value
R 250 992.22
R 1 539.83 per m², median
Last sold
R 70 000.00
2014/05/09

= Consistent with its own 2014 sale of R 70 000.00, at 11.0% a year over 12.2 years.

ErfPer m²PriceSize AwaySold
Erf 631 R 97 R 180 000 1855 251 2026
Erf 11808 R 500 R 200 000 400 280 2025
Erf 11806 R 587 R 195 000 332 265 2024
Erf 11193 R 602 R 150 000 249 255 2024
Erf 11197 R 625 R 165 000 264 266 2025
Erf 11992 R 1 186 R 300 000 253 244 2025
Erf 12310 R 1 190 R 194 000 163 40 2025
Erf 12310 R 1 325 R 216 000 163 18 2025
Erf 9450 R 1 362 R 350 000 257 295 2025
Erf 12312 R 1 718 R 280 000 163 137 2024
Erf 12310 R 2 500 R 280 000 112 61 2023
Erf 12311 R 2 912 R 530 000 182 151 2025
Erf 12310 R 2 975 R 485 000 163 18 2025
Erf 12309 R 3 291 R 520 000 158 35 2025
Erf 12313 R 4 294 R 700 000 163 262 2025

12 nearby sales, sold 2023 to 2025. The median runs across the rest, and the rates they span put this erf between R 98 192.77 and R 700 000.00. 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

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 R30000 in its place.
!the lowest bid this sale permits, R200000, is already above the R34042 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 12 nearby sales, sold 2023 to 2025, 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: HARRINGTON JOHNSON WANDS ATTORNEYS (010 448 0609). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision