PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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2 Bedroom Apartment

425098 · Roodepoort North · Roodepoort West · 2 bed · sectional · auction 14 Aug 2026

+Pass, reserve ×Fail, walk_away ?Review, market 14 days · in window
Gross yield
not computed
no rent held for Roodepoort West
Over market
43.3%
value R 436 463.83, all-in above it

Walk away above R 153 894.57 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 13 028.73

Registered against the title · 2

Bond, S B Guarantee Co Rf Pty Ltd SB31759/2018 R 410 000.00
Interdict I-3637/2025AT
!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 · 14 used of 14

Market value
R 436 463.83
R 9 093.00 per m², median
Last sold
R 410 000.00
2018/10/13

= Consistent with its own 2018 sale of R 410 000.00, at 0.8% a year over 7.8 years.

ErfPer m²PriceSize AwaySold
Unit 255 Roodepoort West Ext 2 R 1 463 R 1 200 000 820 116 2025
Unit 17 Sundown Village 35 Rubidge Avenue R 5 970 R 400 000 67 0 2025
Unit 41 Constantina Village R 6 481 R 350 000 54 116 2025
Unit 106 Sundown Village 35 Rubidge Avenue R 7 164 R 480 000 67 0 2025
Unit 140 Sundown Village 35 Rubidge Avenue R 7 576 R 500 000 66 0 2025
Unit 150 Sundown Village 35 Rubidge Avenue R 8 030 R 530 000 66 0 2025
Unit 15 Constantina Village R 8 333 R 400 000 48 116 2025
Unit 12 Sundown Village 35 Rubidge Avenue R 8 955 R 600 000 67 0 2025
Unit 30 Sundown Village 35 Rubidge Avenue R 9 231 R 600 000 65 0 2026
Unit 60 Sundown Village 35 Rubidge Avenue R 9 687 R 649 000 67 0 2025
Unit 28 Sundown Village 35 Rubidge Avenue R 10 213 R 480 000 47 0 2025
Unit 144 Sundown Village 35 Rubidge Avenue R 10 606 R 700 000 66 0 2025
Unit 44 Sundown Village 35 Rubidge Avenue R 11 250 R 540 000 48 0 2025
Unit 69 Sundown Village 35 Rubidge Avenue R 11 702 R 550 000 47 0 2026
Unit 45 Sundown Village 35 Rubidge Avenue R 12 021 R 565 000 47 0 2025

14 nearby sales, sold 2025 to 2026. The median runs across the rest, and the rates they span put this erf between R 286 567.16 and R 577 021.28. 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 number81372/2023
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 R45750 in its place.
!the lowest bid this sale permits, R305000, is already above the R153895 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 14 nearby sales, sold 2025 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: 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