PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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4 Bedroom Family Home with Outbuilding

423706 · Johannesburg East · Orange Grove · 4 bed · freehold · auction 4 Aug 2026

+Pass, reserve +Pass, walk_away ?Review, market 4 days
Gross yield
not computed
no rent held for Orange Grove
Under market
35.6%
value R 2 141 191.92

Walk away above R 1 818 511.88 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 1 000 000.00
Sheriff's commissionR 25 500.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 3 825.00
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 40 000.00
Firm costR 1 069 325.00

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 129 325.00
Balance by 25 Aug 2026 R 900 000.00
All-in, floor to ceiling R 1 069 325.00R 1 379 550.00
All-in per m² at the ceilingR 1 711.60

Registered against the title · 1

Bond, S B Guarantee Co Rf Pty Ltd B8810/2022 R 1 800 000.00

Nearby sales · 12 used of 12

Market value
R 2 141 191.92
R 2 656.57 per m², median
Last sold
R 1 800 000.00
2021/11/26

= Consistent with its own 2021 sale of R 1 800 000.00, at 3.8% a year over 4.7 years.

ErfPer m²PriceSize AwaySold
Erf 1821 R 1 362 R 1 350 000 991 223 2025
Erf 1798 R 1 434 R 710 000 495 183 2025
Erf 1759 R 2 109 R 1 700 000 806 104 2024
Erf 1545 R 2 171 R 1 750 000 806 18 2024
Erf 1804 R 2 404 R 1 190 000 495 210 2025
Erf 1593 R 2 424 R 1 200 000 495 161 2025
Erf 1771 R 2 525 R 1 250 000 495 101 2025
Erf 1592 R 2 788 R 1 380 000 495 129 2025
Erf 1766 R 2 828 R 1 400 000 495 97 2024
Erf 1765 R 2 828 R 1 400 000 495 112 2024
Erf 1702 R 3 131 R 1 550 000 495 93 2024
Erf 1701 R 3 131 R 1 550 000 495 100 2024
Erf 1811 R 3 333 R 1 650 000 495 238 2025
Erf 1767 R 3 434 R 1 700 000 495 73 2025
Erf 1768 R 3 434 R 1 700 000 495 82 2025

12 nearby sales, sold 2024 to 2025. The median runs across the rest, and the rates they span put this erf between R 1 097 981.84 and R 2 686 666.67. 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

Case number90664/2023
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 R150000 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 12 nearby sales, sold 2024 to 2025, 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: VEZI DE BEER ATTORNEYS (012 361-5640). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision