PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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4 Bedroom Family Home with Ensuite Bathrooms and Double Garage

425121 · Kwa Dukuza Stanger · Royal Palm Estates · 4 bed · freehold · auction 11 Aug 2026

+Pass, reserve ×Fail, walk_away ?Review, market 11 days · in window
Gross yield
not computed
no rent held for Royal Palm Estates
Over market
12.0%
value R 2 277 076.92, all-in above it

Walk away above R 1 944 652.51 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 2 000 000.00
Sheriff's commissionR 40 000.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 6 000.00
Transfer dutyR 41 625.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 60 000.00
Firm costR 2 147 625.00

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 337 625.00
Balance by 1 Sep 2026 R 1 800 000.00
All-in, floor to ceiling R 2 147 625.00R 2 549 775.00
All-in per m² at the ceilingR 7 063.09

Registered against the title · 1

Bond, Investec Bank Limited B6384/2020 R 3 000 000.00

Nearby sales · 11 used of 11

Market value
R 2 277 076.92
R 6 307.69 per m², median
Last sold
R 2 500 000.00
2020/01/24

= Consistent with its own 2020 sale of R 2 500 000.00, at -1.4% a year over 6.5 years.

ErfPer m²PriceSize AwaySold
Erf 194 R 1 410 R 850 000 603 162 2025
Erf 523 R 1 944 R 875 000 450 123 2025
Erf 347 R 4 366 R 3 100 000 710 46 2025
Erf 240 R 4 614 R 2 750 000 596 202 2025
Erf 340 R 5 833 R 3 500 000 600 108 2025
Erf 531 R 6 308 R 4 100 000 650 99 2026
Erf 525 R 6 556 R 2 950 000 450 106 2025
Erf 343 R 6 806 R 3 900 000 573 75 2024
Erf 624 R 7 126 R 2 950 000 414 226 2026
Erf 546 R 9 677 R 5 400 000 558 211 2026
Unit 9 910 Palm Lakes-Franklin R 11 067 R 2 800 000 253 105 2025
Unit 10 11 Palm Lakes-Loerie R 15 217 R 2 100 000 138 216 2025
Unit 2 12 Palm Lakes R 17 500 R 1 400 000 80 194 2025
Unit 15 12 Palm Lakes R 17 733 R 1 525 000 86 194 2026
Unit 2 5 Palm Lakes-Flycatcher R 21 849 R 1 595 000 73 223 2026

11 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 508 872.31 and R 3 995 256.92. 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 · 7

Registration to bid, refundable R 50 000.00
Sale held byOF THE HIGH COURT
Evidence read 2026-07-31

Flags · 6

!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 R41625. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R300000 in its place.
!the lowest bid this sale permits, R2000000, is already above the R1944653 walk-away price - no bid in the band recovers its own cost against modelled value, so this cannot alert whatever the rent turns out to be

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: DELBERG ATTORNEYS (012 361 5001). 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