PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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2 Bedroom Apartment with 3 Living Areas

423619 · Wonderboom · Doornpoort · 2 bed · sectional · auction 31 Jul 2026

+Pass, reserve +Pass, walk_away ?Review, market 0 days
Gross yield
not computed
no rent held for Doornpoort
Under market
15.4%
value R 866 564.89

Walk away above R 556 392.13 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 400 000.00
Sheriff's commissionR 16 500.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 2 475.00
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 443 975.00

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 58 975.00
Balance by 15 Aug 2026 R 360 000.00
All-in, floor to ceiling R 443 975.00R 733 165.00
All-in per m² at the ceilingR 8 331.42

Nearby sales · 5 used of 7

Market value
R 866 564.89
R 9 847.33 per m², median
ErfPer m²PriceSize AwaySold
Erf 1111 R 599 R 1 200 000 2002 290 2020
Erf 143 R 1 390 R 1 390 000 1000 100 2025
Erf 117 R 1 390 R 1 390 000 1000 122 2024
Erf 123 R 1 485 R 1 485 000 1000 201 2025
Erf 1018 R 1 790 R 1 790 000 1000 223 2026
Erf 962 R 2 300 R 2 300 000 1000 312 2026
Erf 238 R 2 470 R 2 500 000 1012 267 2025
Unit 1 Doorn 113 556 Airport Road out R 6 612 R 800 000 121 125 2024
Unit 1 Doorn 113 556 Airport Road out R 6 612 R 800 000 121 125 2024
Unit 1 Doorn 1013 553 Airport Road R 7 254 R 1 030 000 142 178 2024
Unit 2 Doorn 113 556 Airport Road R 9 086 R 1 690 000 186 125 2026
Unit 1 Deidre Court 827 Baobab Road R 9 430 R 1 490 000 158 122 2025
Unit 2 Villa Leonie 822 Wilger Road R 9 847 R 1 290 000 131 173 2026
Unit 2 Casa Leah 560 Katjiepiering Road R 10 000 R 1 350 000 135 238 2024
Unit 1 Doorn 194 565 Holihock Street R 10 042 R 1 195 000 119 295 2025

5 nearby sales, sold 2024 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 638 309.86 and R 883 697.48. 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 · 9

Sale held byTSHWANE NORTH
Case number44472/2022
Evidence read 2026-07-31

Flags · 4

!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 R60000 in its place.

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 5 nearby sales, sold 2024 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: Delberg Attorneys ((012) 361 5001). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision