PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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9 Bedroom House on Large Erf

423688 · Johannesburg South · Kenilworth · 9 bed · freehold · auction 4 Aug 2026

+Pass, reserve +Pass, walk_away ?Review, market 4 days
Gross yield
not computed
no rent held for Kenilworth
Under market
15.8%
value R 1 282 585.86

Walk away above R 1 004 680.13 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 750 000.00
Sheriff's commissionR 21 750.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 3 262.50
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 40 000.00
Firm costR 815 012.50

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 150 012.50
Balance by 25 Aug 2026 R 675 000.00
All-in, floor to ceiling R 815 012.50R 1 079 806.25
All-in per m² at the ceilingR 2 177.03

Registered against the title · 3

Bond, S B Guarantee Co Rf Pty Ltd B29795/2022 R 1 450 000.00
Interdict I-2927/1977LG
Interdict I-3660/2026AT
!2 interdicts 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 · 13 used of 13

Market value
R 1 282 585.86
R 2 585.86 per m², median
Last sold
R 1 750 000.00
2022/06/16

= Consistent with its own 2022 sale of R 1 750 000.00, at -7.3% a year over 4.1 years.

ErfPer m²PriceSize AwaySold
Erf 825 R 1 354 R 670 000 495 29 2025
Erf 750 R 1 414 R 700 000 495 135 2024
Erf 1356 R 1 818 R 900 000 495 90 2024
Erf 913 R 1 818 R 900 000 495 132 2025
Erf 909 R 2 121 R 1 050 000 495 80 2024
Erf 756 R 2 424 R 1 200 000 495 201 2025
Erf 909 R 2 586 R 1 280 000 495 80 2024
Erf 847 R 2 626 R 1 300 000 495 118 2024
Erf 825 R 2 818 R 1 395 000 495 29 2025
Erf 690 R 2 818 R 1 395 000 495 234 2026
Erf 925 R 2 828 R 1 400 000 495 128 2024
Erf 834 R 2 929 R 1 450 000 495 136 2026
Erf 750 R 3 475 R 1 720 000 495 135 2024
Unit 25 Kennedy Court 144 Kennedy Street R 5 593 R 330 000 59 115 2025
Unit 6 Gorina Mews 15 Leonard Street R 5 769 R 600 000 104 123 2024

13 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 671 353.54 and R 1 723 474.75. 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 · 7

Registration to bid, refundable R 50 000.00
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 R112500 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 13 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: LOUISE TONKIN INC ATTORNEYS (011 472 2828). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision