PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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1 Bedroom Apartment in Scheme

425088 · Boksburg · Dawn Park · 1 bed · sectional · auction 14 Aug 2026

+Pass, reserve +Pass, walk_away ?Review, market 14 days · in window
Gross yield
not computed
no rent held for Dawn Park
Under market
6.2%
value R 667 021.28

Walk away above R 375 531.15 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 305 000.00
Sheriff's commissionR 13 175.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 1 976.25
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 345 151.25

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 45 651.25
Balance by 4 Sep 2026 R 274 500.00
All-in, floor to ceiling R 345 151.25R 625 378.88
All-in per m² at the ceilingR 10 971.56

Registered against the title · 1

Bond, South African Home Loans Guarantee Trust SB6008/2019 R 480 000.00

Nearby sales · 5 used of 5

Market value
R 667 021.28
R 11 702.13 per m², median
Last sold
R 645 000.00
2018/10/24

= Consistent with its own 2018 sale of R 645 000.00, at 0.4% a year over 7.8 years.

ErfPer m²PriceSize AwaySold
Unit 4944 Dawn Park Ext 42 R 939 R 430 000 458 84 2025
Unit 4945 Dawn Park Ext 42 R 1 201 R 425 000 354 197 2025
Unit 921 Dawn Park Ext 2 R 1 201 R 1 040 000 866 87 2025
Unit 3593 Dawn Park Ext 7 R 1 749 R 460 000 263 196 2025
Unit 4745 Dawn Park Ext 42 R 1 951 R 720 000 369 207 2025
Unit 4736 Dawn Park Ext 42 R 2 214 R 850 000 384 170 2024
Unit 4734 Dawn Park Ext 42 R 2 366 R 620 000 262 183 2025
Unit 3593 Dawn Park Ext 7 R 2 471 R 650 000 263 196 2025
Unit 4553 Dawn Park Ext 42 R 2 764 R 760 000 275 152 2025
Unit 4744 Dawn Park Ext 42 R 3 541 R 1 310 000 370 198 2025
Unit 3 Chelsea 99 West Central Road R 10 175 R 580 000 57 0 2025
Unit 25 Chelsea 99 West Central Road R 10 213 R 480 000 47 0 2024
Unit 30 Chelsea 99 West Central Road R 11 702 R 550 000 47 0 2025
Unit 21 Chelsea 99 West Central Road R 11 754 R 670 000 57 0 2025
Unit 3 Chelsea 99 West Central Road R 12 105 R 690 000 57 0 2024

5 nearby sales, sold 2024 to 2025. The median runs across the rest, and the rates they span put this erf between R 580 000.00 and R 690 000.00. 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

Sale held byBoksburg
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 R45750 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 5 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: Heerschop Pienaar Attorneys. This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision