2 Bedroom Apartment
425158 · Brakpan · Brakpan · 2 bed · sectional · auction 14 Aug 2026
Walk away above R 28 054.59 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 175 000.00 |
| Sheriff's commission | R 8 625.00 |
| Commission VAT rate unconfirmed, as at 2018-04-01 | R 1 293.75 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 209 918.75 |
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 27 418.75 |
| Balance by 4 Sep 2026 | R 157 500.00 |
| All-in, floor to ceiling | R 209 918.75 – R 476 623.13 |
| All-in per m² at the ceiling | R 9 532.46 |
Registered against the title · 1
| Bond, Firstrand Bank Ltd SB27693/2019 | R 313 950.00 |
Nearby sales · 12 used of 12
= Consistent with its own 2019 sale of R 299 000.00, at 0.3% a year over 7.3 years.
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Unit 65 Oaklane Mews | R 4 524 | R 475 000 | 105 | 0 | 2025 |
| Unit 11 Oaklane Mews | R 4 545 | R 400 000 | 88 | 0 | 2026 |
| Unit 46 Oaklane Mews | R 4 592 | R 450 000 | 98 | 0 | 2025 |
| Unit 88 Oaklane Mews | R 4 896 | R 470 000 | 96 | 0 | 2025 |
| Unit 68 Oaklane Mews | R 5 095 | R 535 000 | 105 | 0 | 2025 |
| Unit 34 Oaklane Mews | R 5 288 | R 550 000 | 104 | 0 | 2025 |
| Unit 21 Oaklane Mews | R 5 393 | R 480 000 | 89 | 0 | 2025 |
| Unit 54 Oaklane Mews | R 5 408 | R 530 000 | 98 | 0 | 2025 |
| Unit 42 Oaklane Mews | R 6 020 | R 590 000 | 98 | 0 | 2025 |
| Unit 10 Oaklane Mews | R 6 180 | R 550 000 | 89 | 0 | 2025 |
| Unit 16 Oaklane Mews | R 6 742 | R 600 000 | 89 | 0 | 2025 |
| Unit 84 Oaklane Mews | R 7 174 | R 330 000 | 46 | 0 | 2025 |
| Unit 1 Oaklane Mews | R 7 500 | R 720 000 | 96 | 0 | 2025 |
| Unit 29 Oaklane Mews | R 7 895 | R 750 000 | 95 | 0 | 2026 |
| Unit 6 Oaklane Corner Hastings Avenue | R 8 730 | R 550 000 | 63 | 133 | 2025 |
12 nearby sales, sold 2025 to 2026. The median runs across the rest, and the rates they span put this erf between R 227 272.73 and R 436 507.94. 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 | BRAKPAN 127B KITZINGER AVENUE |
| 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 12 nearby sales, sold 2025 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: Heerschop Pienaar Attorneys (011 763 3050). This is the practical route to an arrears figure before auction day.