2 Bedroom Apartment
425120 · Boksburg · Comet · 2 bed · sectional · auction 14 Aug 2026
Walk away above R 232 756.55 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 429 000.00 |
| Sheriff's commission | R 16 935.00 |
| Commission VAT rate unconfirmed, as at 2018-04-01 | R 2 540.25 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 473 475.25 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 80 000.00 |
| Remediation | R 0.00 – R 50 000.00 |
| Levy arrears | R 0.00 – R 60 000.00 |
| Eviction | R 0.00 – R 45 000.00 |
| Holding cost | R 4 500.00 – R 13 500.00 |
| Provisioned range | R 4 500.00 – R 248 500.00 |
Cash
| On auction day | R 62 375.25 |
| Balance by 4 Sep 2026 | R 386 100.00 |
| All-in, floor to ceiling | R 473 475.25 – R 765 615.28 |
Registered against the title · 3
| Bond, Nedbank Ltd SB36784/2008 | R 420 000.00 |
| Interdict I-1022/2026AT | — |
| Interdict I-1780/2019AT | — |
Nearby sales · 14 used of 15
= Consistent with its own 2007 sale of R 420 000.00, at 1.1% a year over 18.7 years.
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Unit 127 Comet | R 1 221 | R 880 000 | 721 | 130 | 2025 |
| Unit 8 Comet | R 1 406 | R 1 090 000 | 775 | 144 | 2025 |
| Unit 153 Comet Oaks 1 Goodwood Avenue | R 5 634 | R 400 000 | 71 | 0 | 2025 |
| Unit 203 Comet Oaks 1 Goodwood Avenue | R 5 694 | R 410 000 | 72 | 0 | 2025 |
| Unit 43 Comet Oaks 1 Goodwood Avenue | R 6 056 | R 430 000 | 71 | 0 | 2024 |
| Unit 157 Comet Oaks 1 Goodwood Avenue | R 6 338 | R 450 000 | 71 | 0 | 2026 |
| Unit 4 Comet Oaks 1 Goodwood Avenue | R 6 597 | R 475 000 | 72 | 0 | 2025 |
| Unit 225 Comet Oaks 1 Goodwood Avenue | R 6 761 | R 480 000 | 71 | 0 | 2025 |
| Unit 128 Comet Oaks 1 Goodwood Avenue | R 6 972 | R 495 000 | 71 | 0 | 2024 |
| Unit 98 Fairway Mansions | R 7 273 | R 720 000 | 99 | 140 | 2025 |
| Unit 186 Comet Oaks 1 Goodwood Avenue | R 7 634 | R 542 000 | 71 | 0 | 2025 |
| Unit 85 Fairway Mansions | R 7 938 | R 770 000 | 97 | 140 | 2026 |
| Unit 31 Fairway Mansions | R 8 561 | R 1 130 000 | 132 | 140 | 2026 |
| Unit 7 Fairway Mansions | R 9 010 | R 901 000 | 100 | 140 | 2025 |
| Unit 30 Fairway Mansions out | R 9 615 | R 1 250 000 | 130 | 140 | 2025 |
14 nearby sales, sold 2024 to 2026; 1 excluded as outliers. The 1 marked out sit beyond three median absolute deviations of the rate: improved property filed against a vacant erf, or a transfer not at arm's length. They are struck through rather than dropped, so the exclusion can be argued with. The median runs across the rest, and the rates they span put this erf between R 400 000.00 and R 1 130 000.00. 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
| Evidence read | 2026-07-31 |
Flags · 5
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 2024 to 2026; 1 excluded as outliers, at the median of sale price. It is evidence about the area, not a valuation of this property, which nobody has inspected.
Attorneys for the execution creditor: FAIRBRIDGES WERTHEIM BECKER ATTORNEYS. (011 268 0250). This is the practical route to an arrears figure before auction day.