PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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2 Bedroom Apartment

425160 · Kempton Park · Zuurfontein 33-Ir · 2 bed · sectional · auction 6 Aug 2026

+Pass, reserve ×Fail, walk_away ?Review, market 6 days
Gross yield
not computed
no rent held for Zuurfontein 33-Ir
Over market
15.2%
value R 612 082.19, all-in above it

Walk away above R 322 717.80 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 375 000.00
Sheriff's commissionR 15 625.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 2 343.75
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 417 968.75

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 55 468.75
Balance by 27 Aug 2026 R 337 500.00
All-in, floor to ceiling R 417 968.75R 705 190.63
All-in per m² at the ceilingR 10 684.71

Registered against the title · 2

Bond, Pty Ltd SB4468/2020 R 660 000.00
Interdict I-1403/2026AT
!1 interdict registered. An interdict restrains dealing with the property and is not extinguished by the sale in the way a bond is. This is a question for the conveyancer before bidding, not after.

Nearby sales · 13 used of 13

Market value
R 612 082.19
R 9 273.97 per m², median
Last sold
R 660 000.00
2019/11/16

= Consistent with its own 2019 sale of R 660 000.00, at -1.1% a year over 6.7 years.

ErfPer m²PriceSize AwaySold
Unit 916 Edleen Ext 5 R 5 560 R 55 600 000 10000 94 2023
Unit 916 Edleen Ext 5 R 5 680 R 56 800 000 10000 94 2025
Unit 9 Villa Rosa 3 3 Modderfontein Road R 7 632 R 580 000 76 150 2025
Unit 75 Villa Rosa 1 R 7 917 R 760 000 96 197 2025
Unit 2 Villa Rosa 3 3 Modderfontein Road R 8 667 R 650 000 75 150 2026
Unit 48 Villa Rosa 2 R 8 767 R 640 000 73 125 2025
Unit 45 Villa Rosa 2 R 8 767 R 640 000 73 125 2025
Unit 5 Griffendale 7 Modderfontein Road R 8 939 R 590 000 66 0 2025
Unit 55 Villa Rosa 2 R 9 274 R 677 000 73 125 2025
Unit 69 Griffendale 7 Modderfontein Road R 9 394 R 620 000 66 0 2024
Unit 12 Villa Rosa 3 3 Modderfontein Road R 9 480 R 711 000 75 150 2025
Unit 59 Villa Rosa 1 R 9 485 R 920 000 97 197 2025
Unit 65 Griffendale 7 Modderfontein Road R 9 848 R 650 000 66 0 2024
Unit 2 Griffendale 7 Modderfontein Road R 10 000 R 660 000 66 0 2025
Unit 6 Griffendale 7 Modderfontein Road R 10 606 R 700 000 66 0 2025

13 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 503 684.21 and R 700 000.00. 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 byKEMPTON PARK & TEMBISA
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 R56250 in its place.
!the lowest bid this sale permits, R375000, is already above the R322718 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 13 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: TIM DU TOIT & CO INCORPORATED ATTORNEYS (011 274 9800). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision