PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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2 Bedroom Apartment

425111 · Kempton Park · Kempton Park Cbd · 2 bed · sectional · auction 6 Aug 2026

?Review, reserve +Pass, walk_away ?Review, market 6 days
Gross yield
not computed
no rent held for Kempton Park Cbd
Under market
0.0%
value R 410 400.00

Walk away above R 128 839.22 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, opening, anchored to market value R 123 120.00
Sheriff's commissionR 6 809.20
Commission VAT rate unconfirmed, as at 2018-04-01 R 1 021.38
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 155 950.58

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 20 142.58
Balance by 27 Aug 2026 R 110 808.00
All-in, floor to ceiling R 155 950.58R 410 400.00
All-in per m² at the ceilingR 7 600.00

Registered against the title · 2

Bond, Standard Bank Of South Africa Ltd SB31408/2007 R 420 000.00
Interdict I-2213/2024AT
!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 · 11 used of 11

Market value
R 410 400.00
R 7 600.00 per m², median
Last sold
R 420 000.00
2006/09/19

= Consistent with its own 2006 sale of R 420 000.00, at -0.1% a year over 19.9 years.

ErfPer m²PriceSize AwaySold
Unit 2772 Kempton Park R 3 257 R 1 700 000 522 66 2024
Unit 10 Lindrene Centre 36 West Street R 6 774 R 210 000 31 0 2026
Unit 41 Lindrene Centre 36 West Street R 7 000 R 210 000 30 0 2024
Unit 16 Lindrene Centre 36 West Street R 7 258 R 225 000 31 0 2025
Unit 96 Lindrene Centre 36 West Street R 7 333 R 220 000 30 0 2026
Unit 13 Lindrene Centre 36 West Street R 7 355 R 228 000 31 0 2024
Unit 54 Lindrene Centre 36 West Street R 7 600 R 228 000 30 0 2024
Unit 48 Lindrene Centre 36 West Street R 7 667 R 230 000 30 0 2025
Unit 35 Lindrene Centre 36 West Street R 7 667 R 230 000 30 0 2025
Unit 80 Lindrene Centre 36 West Street R 7 737 R 232 100 30 0 2025
Unit 85 Lindrene Centre 36 West Street R 8 065 R 250 000 31 0 2025
Unit 9 Lindrene Centre 36 West Street R 8 065 R 250 000 31 0 2025
Unit 42 Lindrene Centre 36 West Street R 8 333 R 250 000 30 0 2026
Unit 27 Lindrene Centre 36 West Street R 8 548 R 265 000 31 0 2025
Unit 113 Lindrene Centre 36 West Street R 8 667 R 260 000 30 0 2025

11 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 365 806.45 and R 468 000.00. 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 · 5

AtEKURHULENINORTH: 5 ANEMOON STREET, KEMPTON PARK on 6 August 2026 at 10:00
Case number2902/2021
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 R18468 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 11 nearby sales, sold 2024 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: ALEXANDRA MARX ATTORNEYS (082 778 6418). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision