PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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2 Bedroom Apartment

425132 · Boksburg · Eveleigh · 2 bed · sectional · auction 14 Aug 2026

+Pass, reserve ×Fail, walk_away ?Review, market 14 days · in window
Gross yield
not computed
no rent held for Eveleigh
Over market
69.9%
value R 553 090.91, all-in above it

Walk away above R 266 009.04 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 571 000.00
Sheriff's commissionR 19 065.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 2 859.75
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 40 000.00
Firm costR 632 924.75

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 79 024.75
Balance by 4 Sep 2026 R 513 900.00
All-in, floor to ceiling R 632 924.75R 939 509.73
All-in per m² at the ceilingR 12 045.00

Registered against the title · 1

Bond, B S A Home Loans Guarantee Co Rf Pty Ltd SB1863/2017 R 660 000.00

Nearby sales · 7 used of 7

Market value
R 553 090.91
R 7 090.91 per m², median
Last sold
R 660 000.00
2016/07/27

= Consistent with its own 2016 sale of R 660 000.00, at -1.8% a year over 10.0 years.

ErfPer m²PriceSize AwaySold
Unit 447 Beyers Park Ext 6 R 1 667 R 1 300 000 780 239 2025
Unit 250 Eveleigh Ext 27 R 2 437 R 1 165 000 478 257 2025
Unit 436 Beyers Park Ext 6 R 2 507 R 1 820 000 726 148 2025
Unit 261 Eveleigh Ext 27 R 3 417 R 1 425 000 417 244 2025
Unit 263 Eveleigh Ext 27 R 3 741 R 1 500 000 401 285 2025
Unit 158 Eveleigh Ext 9 R 4 272 R 1 760 000 412 270 2025
Unit 255 Eveleigh Ext 27 R 4 314 R 1 540 000 357 253 2025
Unit 169 Eveleigh Ext 9 R 4 369 R 1 800 000 412 286 2025
Unit 8 Granarc Villas R 4 545 R 500 000 110 71 2024
Unit 14 Granarc Villas R 5 455 R 600 000 110 71 2024
Unit 9 Granarc Villas R 6 818 R 750 000 110 71 2025
Unit 7 Granarc Villas R 7 091 R 780 000 110 71 2024
Unit 12 Elm Street Mews 2 Willow Road R 8 077 R 630 000 78 0 2024
Unit 6 Elm Street Mews 2 Willow Road R 8 354 R 660 000 79 0 2024
Unit 20 Granarc Villas R 8 727 R 960 000 110 71 2024

7 nearby sales, sold 2024 to 2025. The median runs across the rest, and the rates they span put this erf between R 354 545.45 and R 680 727.27. 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

Evidence read 2026-07-31

Flags · 5

!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 R85650 in its place.
!the lowest bid this sale permits, R571000, is already above the R266009 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 7 nearby sales, sold 2024 to 2025, 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: Smit Sewgoolam Inc (011 917 9923). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision