1 Bedroom Apartment
425167 · Roodepoort North · Honeypark · 1 bed · sectional · auction 14 Aug 2026
Walk away above R 70 159.03 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 170 000.00 |
| Sheriff's commission | R 8 450.00 |
| Commission VAT rate unconfirmed, as at 2018-04-01 | R 1 267.50 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 204 717.50 |
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 26 717.50 |
| Balance by 4 Sep 2026 | R 153 000.00 |
| All-in, floor to ceiling | R 204 717.50 – R 470 901.75 |
| All-in per m² at the ceiling | R 11 485.41 |
Registered against the title · 3
| Bond, Pty Ltd SB25184/2022 | R 350 000.00 |
| Interdict I-873/2026AT | — |
| Interdict I-3490/2025AT | — |
Nearby sales · 6 used of 6
= Consistent with its own 2022 sale of R 350 000.00, at -0.1% a year over 4.2 years.
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Unit 48 Honeyview | R 7 805 | R 320 000 | 41 | 0 | 2025 |
| Unit 60 Honeyview | R 7 805 | R 320 000 | 41 | 0 | 2024 |
| Unit 30 Honey Heights | R 7 951 | R 485 000 | 61 | 130 | 2025 |
| Unit 49 Honeyview | R 8 049 | R 330 000 | 41 | 0 | 2025 |
| Unit 32 Honeyview | R 8 205 | R 320 000 | 39 | 0 | 2024 |
| Unit 9 Honeyview | R 8 500 | R 340 000 | 40 | 0 | 2025 |
| Unit 7 Honeyview | R 8 500 | R 340 000 | 40 | 0 | 2025 |
| Unit 26 Honeyview | R 8 537 | R 350 000 | 41 | 0 | 2026 |
| Unit 47 Honeyview | R 8 537 | R 350 000 | 41 | 0 | 2025 |
| Unit 57 Honeyview | R 8 537 | R 350 000 | 41 | 0 | 2025 |
| Unit 33 Honey Heights | R 8 790 | R 545 000 | 62 | 130 | 2025 |
| Unit 28 Honey Heights | R 9 590 | R 585 000 | 61 | 130 | 2025 |
| Unit 14 Honeypot Ridge | R 500 000 | — | 151 | 2025 | |
| Unit 6 Honeypot Ridge | R 650 000 | — | 151 | 2025 | |
| Unit 29 Honeypot Ridge | R 450 000 | — | 151 | 2025 |
6 nearby sales, sold 2025 to 2025. The median runs across the rest, and the rates they span put this erf between R 325 983.61 and R 393 196.72. 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
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 6 nearby sales, sold 2025 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 (011 760 1172). This is the practical route to an arrears figure before auction day.