PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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4 Bedroom Home with Outbuilding

423687 · Johannesburg East · South Hills · 4 bed · freehold · auction 4 Aug 2026

+Pass, reserve ?Review, walk_away ?Review, market 4 days
Gross yield
not computed
no rent held for South Hills
Under market
21.1%
value R 853 276.21

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
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 22 975.00
Balance by 25 Aug 2026 R 396 000.00
All-in, floor to ceiling R 443 975.00R 673 165.00
All-in per m² at the ceilingR 1 359.93

Registered against the title · 2

Bond, S B Guarantee Co Rf Pty Ltd B2464/2024 R 1 898 000.00
Interdict I-2619/2026AT
!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 · 12 used of 12

Market value
R 853 276.21
R 1 723.79 per m², median
Last sold
R 1 898 000.00
2023/11/08

! This value implies -25.4% a year against its own 2023 sale of R 1 898 000.00, outside what the rest of the census shows. Treat it as unverified until someone has looked.

ErfPer m²PriceSize AwaySold
Erf 726 R 510 R 300 000 588 182 2025
Erf 653 R 1 109 R 550 000 496 120 2024
Erf 654 R 1 310 R 650 000 496 113 2026
Erf 660 R 1 466 R 1 000 000 682 58 2026
Erf 677 R 1 633 R 810 000 496 85 2024
Erf 698 R 1 653 R 820 000 496 147 2025
Erf 675 R 1 794 R 890 000 496 63 2024
Erf 753 R 1 815 R 900 000 496 99 2025
Erf 660 R 2 045 R 1 395 000 682 58 2026
Erf 450 R 2 222 R 840 000 378 163 2025
Erf 704 R 2 428 R 1 350 000 556 101 2026
Erf 677 R 2 722 R 1 350 000 496 85 2024
Erf 654 R 2 722 R 1 350 000 496 113 2025
Erf 653 R 2 923 R 1 450 000 496 120 2024
Erf 675 R 3 024 R 1 500 000 496 63 2024

12 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 252 551.02 and R 1 496 975.81. 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 byof the High Court JOHANNESBURG EAST at THE SHERIFF'S OFFICE
At61 VAN RIEBEECK STREET, ALBERTON In pursuance of a judgment granted by this Honourable Court on 26 May 2025
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 R60000 in its place.
!market value disagrees with this property's own last sale - this value implies -25.4% a year against its own 2023 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 12 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: TIM DU TOIT ATTORNEYS (021 529 7710). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision