PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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2 Bedroom Apartment in Balyar Court

423734 · Stilfontein · Neserhof · 2 bed · sectional · auction 31 Jul 2026

+Pass, reserve ×Fail, walk_away ?Review, market 0 days
Gross yield
not computed
no rent held for Neserhof
Over market
93.0%
value R 198 000.00, all-in above it

Walk away above R 0.00 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 92 402.00
Sheriff's commissionR 5 544.12
Commission VAT rate unconfirmed, as at 2018-04-01 R 831.62
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 123 777.74

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 35 615.94
Balance by 21 Aug 2026 R 83 161.80
All-in, floor to ceiling R 123 777.74R 382 108.30
All-in per m² at the ceilingR 4 898.82

Registered against the title · 1

Bond, Ltd SB20318/2016 R 300 000.00

Nearby sales · 4 used of 4

Market value
R 198 000.00
R 2 538.46 per m², median
Last sold
R 300 000.00
2015/10/19

= Consistent with its own 2015 sale of R 300 000.00, at -3.8% a year over 10.8 years.

ErfPer m²PriceSize AwaySold
Unit 1918 Klerksdorp R 409 R 300 000 734 202 2022
Unit 1775 Klerksdorp R 1 076 R 1 600 000 1487 192 2024
Unit 1104 Klerksdorp R 1 212 R 600 000 495 39 2024
Unit 1918 Klerksdorp R 1 444 R 1 050 000 727 176 2025
Unit 1946 Klerksdorp R 1 615 R 1 600 000 991 57 2025
Unit 5 Balyar Court 96 Leask Street R 1 935 R 180 000 93 0 2025
Unit 11 Balyar Court 96 Leask Street R 2 051 R 160 000 78 0 2025
Unit 1115 Klerksdorp R 2 218 R 550 000 248 49 2025
Unit 1116 Klerksdorp R 2 218 R 550 000 248 65 2025
Unit 39 Balyar Court 96 Leask Street R 3 026 R 236 000 78 0 2025
Unit 21 Balyar Court 96 Leask Street R 3 483 R 310 000 89 0 2025
Unit 1089 Klerksdorp R 5 040 R 2 500 000 496 125 2023
Unit 1090 Klerksdorp R 5 556 R 2 500 000 450 132 2023
Unit 1096 Klerksdorp R 10 081 R 2 500 000 248 132 2023
Unit 1095 Klerksdorp R 10 081 R 2 500 000 248 145 2023

4 nearby sales, sold 2025 to 2025. The median runs across the rest, and the rates they span put this erf between R 150 967.74 and R 271 685.39. 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 · 8

Registration to bid, refundable R 20 000.00
Case number8772/2023
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 R13860 in its place.
!the lowest bid this sale permits, R92402, is already above the R0 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 4 nearby sales, sold 2025 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