4 Bedroom Family Home with Garages
425145 · Sandton South · Gallo Manor · 4 bed · freehold · auction 11 Aug 2026
Walk away above R 1 925 263.52 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 900 000.00 |
| Sheriff's commission | R 24 000.00 |
| Commission VAT rate unconfirmed, as at 2018-04-01 | R 3 600.00 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 40 000.00 |
| Firm cost | R 967 600.00 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 80 000.00 |
| Remediation | R 0.00 – R 50 000.00 |
| 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 188 500.00 |
Cash
| On auction day | R 117 600.00 |
| Balance by 1 Sep 2026 | R 810 000.00 |
| All-in, floor to ceiling | R 967 600.00 – R 1 247 652.50 |
| All-in per m² at the ceiling | R 974.73 |
Registered against the title · 1
| Bond, Pty Ltd B51970/2022 | R 2 700 000.00 |
Nearby sales · 8 used of 8
= Consistent with its own 2022 sale of R 2 700 000.00, at -4.4% a year over 4.0 years.
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Erf 476 | R 1 512 | R 1 950 000 | 1290 | 119 | 2024 |
| Erf 8 | R 1 614 | R 1 800 000 | 1115 | 201 | 2025 |
| Erf 358 | R 1 689 | R 3 350 000 | 1983 | 215 | 2025 |
| Erf 315 | R 1 689 | R 3 350 000 | 1983 | 290 | 2025 |
| Erf 523 | R 1 836 | R 2 350 000 | 1280 | 93 | 2025 |
| Erf 458 | R 2 054 | R 2 650 000 | 1290 | 172 | 2025 |
| Erf 515 | R 2 109 | R 2 700 000 | 1280 | 56 | 2025 |
| Erf 501 | R 2 508 | R 3 295 000 | 1314 | 129 | 2025 |
| Unit 6 Oakhill 13 Steenbras Street | R 8 403 | R 1 000 000 | 119 | 135 | 2024 |
| Unit 8 Gallo Lodge 15 Steenbras Street | R 8 594 | R 1 650 000 | 192 | 181 | 2025 |
| Unit 2 Gallo Lodge 15 Steenbras Street | R 8 634 | R 1 675 000 | 194 | 181 | 2025 |
| Erf 495 | R 9 284 | R 1 699 000 | 183 | 266 | 2025 |
| Unit 7 Gallo Lodge 15 Steenbras Street | R 9 385 | R 1 830 000 | 195 | 181 | 2024 |
| Erf 495 | R 11 244 | R 2 350 000 | 209 | 202 | 2026 |
| Unit 19 Oakhill 13 Steenbras Street | R 12 143 | R 1 700 000 | 140 | 135 | 2023 |
8 nearby sales, sold 2024 to 2025. The median runs across the rest, and the rates they span put this erf between R 1 934 883.72 and R 3 209 741.25. 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 · 8
| Sale held by | SANDTON SOUTH at 4 RIVER ROAD |
| Case number | 114609/2024 |
| Evidence read | 2026-07-31 |
Flags · 4
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 8 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: STRAUSS DALY INC. ((010) 201-8600). This is the practical route to an arrears figure before auction day.