PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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3 Bedroom Apartment with Parking

425180 · Kempton Park · Kempton Park Cbd · 3 bed · sectional · auction 6 Aug 2026

+Pass, reserve ×Fail, walk_away ?Review, market 6 days
Gross yield
not computed
no rent held for Kempton Park Cbd
Over market
43.1%
value R 417 132.35, all-in above it

Walk away above R 135 311.08 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 280 000.00
Sheriff's commissionR 12 300.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 1 845.00
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 319 145.00

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 42 145.00
Balance by 27 Aug 2026 R 252 000.00
All-in, floor to ceiling R 319 145.00R 596 772.00
All-in per m² at the ceilingR 6 416.90

Registered against the title · 1

Bond, Nedbank Ltd SB84523/2008 R 437 627.00

Nearby sales · 8 used of 11

Market value
R 417 132.35
R 4 485.29 per m², median
Last sold
R 435 000.00
2008/04/22

= Consistent with its own 2008 sale of R 435 000.00, at -0.2% a year over 18.3 years.

ErfPer m²PriceSize AwaySold
Unit 2672 Kempton Park R 787 R 975 000 1239 54 2025
Unit 2 Denleyn Palms 32 Long Street R 3 439 R 196 000 57 106 2024
Unit 15 Eged House 35 Long Street R 3 442 R 265 000 77 0 2025
Unit 3 Eged House 35 Long Street R 3 804 R 350 000 92 0 2025
Unit 25 Aston Place 37 Long Street R 3 889 R 350 000 90 34 2025
Unit 23 Eged House 35 Long Street R 4 185 R 385 000 92 0 2026
Unit 4 Blue Marlin 37A Long Street R 4 412 R 375 000 85 54 2024
Unit 21 Daphne' Heights 29A Long Street R 4 559 R 310 000 68 145 2025
Unit 21 Aronia Court 39 Long Street R 4 565 R 420 000 92 75 2026
Unit 62 Eged House 35 Long Street R 4 651 R 400 000 86 0 2026
Unit 21 Eged House 35 Long Street R 4 667 R 350 000 75 0 2025
Unit 12 Daphne' Heights 29A Long Street R 4 753 R 385 000 81 145 2026
Unit 1 Denleyn Palms 32 Long Street out R 6 786 R 380 000 56 106 2025
Unit 3 Denleyn Palms 32 Long Street out R 7 167 R 430 000 60 106 2025
Unit 4 34 Kempton Road 11 Casuarina Avenue out R 7 959 R 390 000 49 119 2025

8 nearby sales, sold 2024 to 2026; 3 excluded as outliers. The 3 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 319 789.47 and R 442 037.04. 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

Sale held byKEMPTON PARK / TEMBISA at 5 ANEMOON STREET
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 R42000 in its place.
!the lowest bid this sale permits, R280000, is already above the R135311 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 8 nearby sales, sold 2024 to 2026; 3 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: Enderstein Malumbete Inc.. This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision