PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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1 Bedroom Apartment in Scheme

425113 · Halfway House · Zevenfontein 407-Jr · 1 bed · sectional · auction 4 Aug 2026

?Review, reserve +Pass, walk_away ?Review, market 4 days
Gross yield
not computed
no rent held for Zevenfontein 407-Jr
Under market
0.0%
value R 658 946.89

Walk away above R 367 769.18 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 197 684.07
Sheriff's commissionR 9 418.94
Commission VAT rate unconfirmed, as at 2018-04-01 R 1 412.84
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 233 515.85

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 30 600.19
Balance by 18 Aug 2026 R 177 915.66
All-in, floor to ceiling R 233 515.85R 658 946.89
All-in per m² at the ceilingR 14 020.15

Registered against the title · 3

Bond, Pty Ltd SB56170/2021 R 615 000.00
Interdict I-198/2025AT
Interdict I-3224/2025AT
!2 interdicts 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 · 12 used of 12

Market value
R 658 946.89
R 14 020.15 per m², median
Last sold
R 615 000.00
2021/09/09

= Consistent with its own 2021 sale of R 615 000.00, at 1.4% a year over 4.9 years.

ErfPer m²PriceSize AwaySold
Unit 109 The Paddocks R 11 538 R 750 000 65 0 2026
Unit 207 The Paddocks R 11 702 R 550 000 47 0 2026
Unit 36 The Paddocks R 11 930 R 680 000 57 0 2025
Unit 123 The Paddocks R 11 957 R 550 000 46 0 2026
Unit 34 The Paddocks R 12 222 R 550 000 45 0 2026
Unit 381 The Paddocks R 12 281 R 700 000 57 0 2025
Unit 380 The Paddocks R 12 281 R 700 000 57 0 2025
Unit 248 The Paddocks R 13 085 R 615 000 47 0 2025
Unit 188 The Paddocks R 13 810 R 870 000 63 0 2025
Unit 325 The Paddocks R 14 231 R 925 000 65 0 2025
Unit 19 The Paddocks R 15 326 R 705 000 46 0 2025
Unit 117 The Paddocks R 15 354 R 998 000 65 0 2025
Unit 10 The Paddocks R 15 625 R 500 000 32 0 2026
Unit 347 The Paddocks R 17 812 R 570 000 32 0 2023
Unit 70 The Paddocks R 17 969 R 575 000 32 0 2026

12 nearby sales, sold 2023 to 2026. The median runs across the rest, and the rates they span put this erf between R 542 307.69 and R 844 531.25. 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 byRandburg West
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 R29653 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 12 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: Sutherland Kruger Inc (0861 000 795). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision