PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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3 Bedroom Apartment with Lounge and Kitchen

425102 · Kempton Park · Terenure · 3 bed · sectional · auction 6 Aug 2026

+Pass, reserve +Pass, walk_away ?Review, market 6 days
Gross yield
not computed
no rent held for Terenure
Over market
4.2%
value R 933 243.32, all-in above it

Walk away above R 621 939.86 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 recited R 600 000.00
Sheriff's commissionR 19 500.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 2 925.00
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 40 000.00
Firm costR 662 425.00

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 82 425.00
Balance by 27 Aug 2026 R 540 000.00
All-in, floor to ceiling R 662 425.00R 971 960.00
All-in per m² at the ceilingR 7 966.89

Registered against the title · 1

Bond, Nedbank Ltd SB3825/2019 R 970 000.00

Nearby sales · 14 used of 14

Market value
R 933 243.32
R 7 649.54 per m², median
Last sold
R 970 000.00
2018/09/19

= Consistent with its own 2018 sale of R 970 000.00, at -0.5% a year over 7.9 years.

ErfPer m²PriceSize AwaySold
Unit 50 Bunku Heights 5 Brombeer Road R 3 756 R 462 000 123 0 2024
Unit 1851 Birchleigh Ext 17 R 4 651 R 1 400 000 301 286 2025
Unit 7 Bunku Heights 5 Brombeer Road R 5 032 R 618 990 123 0 2025
Unit 2 Frangipani 790 R 5 174 R 734 706 142 121 2024
Unit 10 Roosmaryn 1 Brombeer Road R 5 465 R 470 000 86 198 2024
Unit 59 Bunku Heights 5 Brombeer Road R 7 419 R 920 000 124 0 2024
Unit 35 Bunku Heights 5 Brombeer Road R 7 480 R 920 000 123 0 2023
Unit 61 Bunku Heights 5 Brombeer Road R 7 561 R 930 000 123 0 2024
Unit 9 Azalia 7 Brombeer Road R 7 738 R 975 000 126 143 2025
Unit 20 Azalia 7 Brombeer Road R 7 742 R 960 000 124 143 2024
Unit 7 Bunku Heights 5 Brombeer Road R 7 886 R 970 000 123 0 2025
Unit 18 Roosmaryn 1 Brombeer Road R 8 042 R 1 150 000 143 198 2025
Unit 13 Bunku Heights 5 Brombeer Road R 9 016 R 1 100 000 122 0 2024
Unit 9 Strelitzia 2 Brombeer Road R 9 069 R 789 000 87 155 2024
Unit 21 Frangipani 790 R 9 512 R 1 170 000 123 121 2026

14 nearby sales, sold 2023 to 2026. The median runs across the rest, and the rates they span put this erf between R 458 243.90 and R 1 160 487.80. 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 · 6

Sale held byKEMPTON PARK / TEMBISA at 5 ANEMOON STREET
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 R90000 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 14 nearby sales, sold 2023 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: Enderstein Malumbete Inc.. This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision