PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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2 Bedroom Apartment in Corfu SS

423634 · Centurion West · Amberfield Glen · 2 bed · sectional · auction 3 Aug 2026

?Review, reserve ?Review, walk_away ?Review, market 3 days
Gross yield
not computed
no rent held for Amberfield Glen
Under market
67.6%
value R 2 450 250.90

That comparison rests on a configured band, not on a bid. No reserve is recited and no market value is held, so the all-in ceiling is built from the configured band rather than from a price anyone has named or a value anyone has derived.

Firm, figures that exist

Bid price, modelled band floor R 50 000.00
Sheriff's commissionR 3 000.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 450.00
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 78 450.00

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 8 450.00
Balance by 24 Aug 2026 R 45 000.00
All-in, floor to ceiling R 78 450.00R 794 200.00
All-in per m² at the ceilingR 7 492.45

Nearby sales · 10 used of 10

Market value
R 2 450 250.90
R 23 115.57 per m², median
Last sold
R 25 000.00
2012/10/18

! This value implies 39.5% a year against its own 2012 sale of R 25 000.00, outside what the rest of the census shows. Treat it as unverified until someone has looked.

ErfPer m²PriceSize AwaySold
Unit 172018 Cape Town R 11 378 R 3 550 000 312 82 2025
Unit 57723 Cape Town R 11 408 R 2 795 000 245 54 2025
Unit 53437 Cape Town R 11 922 R 4 900 000 411 62 2025
Unit 53428 Cape Town R 15 830 R 3 625 000 229 56 2026
Unit 57724 Cape Town R 17 556 R 3 125 000 178 58 2025
Unit 34 Greenside Gardens 76 Rosmead Avenue R 17 949 R 2 100 000 117 143 2026
Unit 2 The Oaks Village 59 Bell Road R 19 252 R 2 445 000 127 45 2025
Unit 2 Mathew Mews 75 Third Avenue R 20 000 R 1 800 000 90 124 2025
Unit 25 Greenside Gardens 76 Rosmead Avenue R 22 373 R 1 320 000 59 143 2026
Unit 1 The Oaks Village 59 Bell Road R 23 858 R 3 030 000 127 45 2025
Unit 5 Bonne Esperance 68 Third Avenue R 23 958 R 1 725 000 72 32 2025
Unit 14 Corfu 70 Third Avenue R 24 365 R 1 535 000 63 0 2025
Unit 13 Ascot Towers 38 Bell Road R 25 000 R 1 225 000 49 145 2026
Unit 2 Corfu 70 Third Avenue R 26 984 R 1 700 000 63 0 2026
Unit 2 Pepper Tree Square 87 Third Avenue R 27 011 R 2 350 000 87 82 2025

10 nearby sales, sold 2025 to 2026. The median runs across the rest, and the rates they span put this erf between R 1 860 955.06 and R 2 863 218.39. 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 · 5

Sale held byCENTURION WEST 229 BLACKWOOD STREET
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 R7500 in its place.
!market value disagrees with this property's own last sale - this value implies +39.5% a year against its own 2012 sale, outside the -10% to +18% the rest of the census shows

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 2025 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: Maree Attorneys Inc. (0128041306). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision