PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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4 Bedroom Family Home with Outbuildings

425118 · Boksburg · Sunward Park · 4 bed · freehold · auction 14 Aug 2026

+Pass, reserve +Pass, walk_away ?Review, market 14 days · in window
Gross yield
not computed
no rent held for Sunward Park
Over market
2.3%
value R 2 609 090.91, all-in above it

Walk away above R 2 254 922.14 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 2 100 000.00
Sheriff's commissionR 40 000.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 6 000.00
Transfer dutyR 47 625.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 60 000.00
Firm costR 2 253 625.00

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 80 000.00
Remediation R 0.00R 50 000.00
Eviction R 0.00R 45 000.00
Holding cost R 4 500.00R 13 500.00
Provisioned range R 4 500.00R 188 500.00

Cash

On auction dayR 303 625.00
Balance by 4 Sep 2026 R 1 890 000.00
All-in, floor to ceiling R 2 253 625.00R 2 668 575.00
All-in per m² at the ceilingR 3 099.39

Registered against the title · 2

Bond, South African Home Loans Guarantee Trust B20929/2015 R 1 100 000.00
Interdict I-5985/2025AT
!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 · 9 used of 9

Market value
R 2 609 090.91
R 3 030.30 per m², median
Last sold
R 1 150 000.00
2015/05/04

= Consistent with its own 2015 sale of R 1 150 000.00, at 7.6% a year over 11.2 years.

ErfPer m²PriceSize AwaySold
Erf 1270 R 1 892 R 1 750 000 925 136 2025
Erf 2181 R 1 946 R 1 800 000 925 305 2025
Erf 1250 R 2 189 R 2 800 000 1279 296 2024
Erf 307 R 2 235 R 3 900 000 1745 234 2025
Erf 1291 R 2 893 R 3 200 000 1106 181 2025
re Avenue Erf 1262 Sunward Park Ext 3 R 3 030 R 2 800 000 924 253 2024
re Avenue Erf 1293 Sunward Park Ext 3 R 3 077 R 2 400 000 780 254 2026
re Avenue Erf 1261 Sunward Park Ext 3 R 3 571 R 3 300 000 924 226 2024
Erf 332 R 3 670 R 6 500 000 1771 245 2025
Erf 3576 R 5 818 R 3 200 000 550 284 2025
Erf 3576 R 6 037 R 4 600 000 762 304 2025
Unit 3 Villaggio D'amico 4 Van Heerden Road R 8 490 R 2 080 000 245 286 2026
Unit 11 Villaggio Prosperoso 4 Van Heerden Road R 8 571 R 2 100 000 245 332 2026
Unit 12 Villaggio Prosperoso 4 Van Heerden Road R 8 980 R 2 200 000 245 332 2025
Unit 2 Villaggio D'amico 4 Van Heerden Road R 9 109 R 2 250 000 247 286 2026

9 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 1 628 918.92 and R 5 197 637.80. 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 · 5

Evidence read 2026-07-31

Flags · 5

!conveyancing_bands
!transfer_duty_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 R47625. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R315000 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 9 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: Hammond Pole Majola Inc C/o NVG Attorneys (0118741800). This is the practical route to an arrears figure before auction day.

Transfer duty is normally paid to SARS through the conveyancer before registration, not on auction day. Section 7.2 includes it in the auction-day figure; confirm the timing with the conveyancer.

Keep this one Favourites hold a shortlist, not a decision