1 Bedroom Apartment in Sectional Title Scheme
423600 · Roodepoort North · Roodepoort · 1 bed · sectional · auction 31 Jul 2026
Walk away above R 1 817 174.51 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 1 295 000.00 |
| Sheriff's commission | R 29 925.00 |
| Commission VAT rate unconfirmed, as at 2018-04-01 | R 4 488.75 |
| Transfer duty | R 5 850.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 60 000.00 |
| Firm cost | R 1 395 263.75 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 80 000.00 |
| Remediation | R 0.00 – R 50 000.00 |
| Levy arrears | R 0.00 – R 60 000.00 |
| Eviction | R 0.00 – R 45 000.00 |
| Holding cost | R 4 500.00 – R 13 500.00 |
| Provisioned range | R 4 500.00 – R 248 500.00 |
Cash
| On auction day | R 169 763.75 |
| Balance by 21 Aug 2026 | R 1 165 500.00 |
| All-in, floor to ceiling | R 1 395 263.75 – R 1 779 382.63 |
| All-in per m² at the ceiling | R 7 445.12 |
Registered against the title · 1
| Bond, Firstrand Mortgage Co Rf Pty Lt SB24140/2023 | R 2 640 000.00 |
Nearby sales · 11 used of 11
= Consistent with its own 2023 sale of R 2 200 000.00, at -0.0% a year over 3.1 years.
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Unit 4 Rosemount | R 8 085 | R 1 900 000 | 235 | 0 | 2025 |
| Unit 13 Rosemount | R 8 209 | R 1 650 000 | 201 | 0 | 2026 |
| Unit 28 Rosemount | R 8 358 | R 1 680 000 | 201 | 0 | 2025 |
| Unit 27 Rosemount | R 8 475 | R 1 695 000 | 200 | 0 | 2025 |
| Unit 3 Rosemount | R 8 706 | R 1 750 000 | 201 | 0 | 2026 |
| Unit 5 Manly 1343 Van Der Kloof Street | R 8 990 | R 899 000 | 100 | 161 | 2026 |
| Unit 35 Rosemount | R 9 204 | R 1 850 000 | 201 | 0 | 2024 |
| Unit 17 Stoniers | R 9 350 | R 1 150 000 | 123 | 173 | 2025 |
| Unit 11 Jasper Hill | R 9 391 | R 1 080 000 | 115 | 98 | 2024 |
| Unit 2 Manly 1343 Van Der Kloof Street | R 9 495 | R 940 000 | 99 | 161 | 2025 |
| Unit 7 Jasper Hill | R 9 565 | R 1 100 000 | 115 | 98 | 2026 |
| Unit 26 Manly 1343 Van Der Kloof Street | R 9 701 | R 1 300 000 | 134 | 161 | 2026 |
| Unit 9 Bicheno 1335 Van Der Kloof Street | R 10 403 | R 1 550 000 | 149 | 179 | 2026 |
| Unit 6 Rosemount | R 11 045 | R 2 220 000 | 201 | 0 | 2026 |
| Unit 2 Bicheno 1335 Van Der Kloof Street | R 12 097 | R 1 500 000 | 124 | 179 | 2025 |
11 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 1 932 340.43 and R 2 891 129.03. 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 · 8
| Sale held by | Roodepoort North |
| Evidence read | 2026-07-31 |
Flags · 5
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 2024 to 2026, 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: Heerschop Pienaar Attorneys (011 763 3050). This is the practical route to an arrears figure before auction day.
Transfer duty is normally paid to SARS through the conveyancer before registration, not on auction day. Section 7.2 includes it in the auction-day figure; confirm the timing with the conveyancer.