PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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2 Bedroom Apartment with Carport

423658 · Wonderboom · Montana Tuine · 2 bed · sectional · auction 31 Jul 2026

+Pass, reserve ×Fail, walk_away ?Review, market 0 days
Gross yield
not computed
no rent held for Montana Tuine
Over market
20.2%
value R 721 046.51, all-in above it

Walk away above R 428 087.00 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 506 000.00
Sheriff's commissionR 18 090.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 2 713.50
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 40 000.00
Firm costR 566 803.50

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 71 403.50
Balance by 21 Aug 2026 R 455 400.00
All-in, floor to ceiling R 566 803.50R 866 776.35
All-in per m² at the ceilingR 16 354.27

Registered against the title · 2

Bond, Pty Ltd SB21237/2022 R 850 250.00
Interdict I-2915/2023AT
!1 interdict 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 · 15 used of 15

Market value
R 721 046.51
R 13 604.65 per m², median
Last sold
R 985 000.00
2021/12/03

= Consistent with its own 2021 sale of R 985 000.00, at -6.5% a year over 4.7 years.

ErfPer m²PriceSize AwaySold
Unit 426 Oxford Heights R 9 792 R 470 000 48 0 2025
Unit 421 Oxford Heights R 10 566 R 560 000 53 0 2025
Unit 338 Oxford Heights R 10 776 R 517 226 48 0 2025
Unit 410 Oxford Heights R 11 038 R 585 000 53 0 2025
Unit 499 Oxford Heights R 11 132 R 590 000 53 0 2026
Unit 252 Oxford Heights R 11 667 R 490 000 42 0 2025
Unit 509 Oxford Heights R 13 438 R 645 000 48 0 2025
Unit 101 Oxford Heights R 13 605 R 585 000 43 0 2025
Unit 303 Oxford Heights R 13 690 R 575 000 42 0 2026
Unit 102 Oxford Heights R 13 721 R 590 000 43 0 2026
Unit 528 Oxford Heights R 13 810 R 580 000 42 0 2025
Unit 365 Oxford Heights R 15 476 R 650 000 42 0 2026
Unit 338 Oxford Heights R 15 833 R 760 000 48 0 2026
Unit 332 Oxford Heights R 17 083 R 820 000 48 0 2025
Unit 252 Oxford Heights R 18 095 R 760 000 42 0 2026

15 nearby sales, sold 2025 to 2026. The median runs across the rest, and the rates they span put this erf between R 518 958.33 and R 959 047.62. 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

Case number54719/2023
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 R75900 in its place.
!the lowest bid this sale permits, R506000, is already above the R428087 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 15 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: RWL INC. (012 362 8990). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision