PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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2 Bedroom Apartment with Lounge and Dining Room

425150 · Centurion West · Rooihuiskraal North · 2 bed · sectional · auction 3 Aug 2026

+Pass, reserve +Pass, walk_away ?Review, market 3 days
Gross yield
not computed
no rent held for Rooihuiskraal North
Under market
14.1%
value R 1 125 517.24

Walk away above R 810 953.30 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 595 000.00
Sheriff's commissionR 19 425.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 2 913.75
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 40 000.00
Firm costR 657 338.75

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 81 838.75
Balance by 24 Aug 2026 R 535 500.00
All-in, floor to ceiling R 657 338.75R 966 365.13
All-in per m² at the ceilingR 9 474.17

Registered against the title · 2

Bond, Standard Bank Of South Africa Ltd SB10082/2022 R 52 000.00
Bond, Standard Bank Of South Africa Ltd SB56392/2003 R 295 000.00

Nearby sales · 11 used of 12

Market value
R 1 125 517.24
R 11 034.48 per m², median
Last sold
R 295 000.00
2003/04/23

= Consistent with its own 2003 sale of R 295 000.00, at 5.9% a year over 23.3 years.

ErfPer m²PriceSize AwaySold
Unit 1084 Rooihuiskraal Noord Ext 14 R 4 098 R 1 500 000 366 61 2025
Unit 1084 Rooihuiskraal Noord Ext 14 R 4 596 R 1 650 000 359 100 2024
Unit 2 Rn 899 2B Mint Street R 7 613 R 1 690 000 222 115 2025
Unit 2 Eagles Nest 622 Bishop Bird Street R 8 039 R 820 000 102 0 2024
Unit 13 Eagles Nest 622 Bishop Bird Street R 8 592 R 885 000 103 0 2024
Unit 30 Eagles Nest 622 Bishop Bird Street R 8 755 R 893 000 102 0 2024
Unit 25 Eagles Nest 622 Bishop Bird Street R 10 684 R 1 250 000 117 0 2025
Unit 2 Rooihuis 892 25B Peperment Crescent R 10 870 R 1 750 000 161 194 2025
Unit 1 Rooihuis 894 33 Peperment Crescent R 11 034 R 1 600 000 145 144 2025
Unit 2 Kestrels Nest 82 Bishop Bird Street R 11 067 R 985 000 89 134 2025
Unit 7 Redwoods 50 Bishop Bird Street R 11 200 R 840 000 75 89 2026
Unit 16 Eagles Nest 622 Bishop Bird Street R 11 373 R 1 160 000 102 0 2025
Unit 2 Rooinoord 923 16 Pongola Street R 13 038 R 1 695 000 130 248 2026
Unit 1 Rooihuis 908 26A Peperment Crescent R 14 364 R 1 695 000 118 135 2024
Unit 12 Arthur's Court 92 Bishop Bird Street out R 17 500 R 1 050 000 60 193 2025

11 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 820 000.00 and R 1 465 169.49. 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 byCENTURION WEST at 229 BLACKWOOD STREET
Case number143138/2024
Evidence read 2026-07-31

Flags · 4

!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 R89250 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 11 nearby sales, sold 2024 to 2026; 1 excluded as outliers, 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: BOKWA LAW INCORPORATED (012 424 2900). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision