PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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3 Bedroom House with Staff Quarters and Pool

425181 · Randburg West · Broadacres Park · 3 bed · freehold · auction 4 Aug 2026

+Pass, reserve +Pass, walk_away ?Review, market 4 days
Gross yield
not computed
no rent held for Broadacres Park
Under market
24.8%
value R 2 764 564.37

Walk away above R 2 398 879.05 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 1 600 000.00
Sheriff's commissionR 34 500.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 5 175.00
Transfer dutyR 17 625.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 60 000.00
Firm costR 1 717 300.00

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 80 000.00
Remediation R 0.00R 50 000.00
Eviction R 0.00R 45 000.00
Holding cost R 4 500.00R 13 500.00
Provisioned range R 4 500.00R 188 500.00

Cash

On auction dayR 217 300.00
Balance by 25 Aug 2026 R 1 440 000.00
All-in, floor to ceiling R 1 717 300.00R 2 078 160.00
All-in per m² at the ceilingR 3 834.24

Registered against the title · 1

Bond, Pty Ltd B21902/2019 R 2 775 000.00

Nearby sales · 10 used of 10

Market value
R 2 764 564.37
R 5 100.67 per m², median
Last sold
R 2 775 000.00
2019/02/23

= Consistent with its own 2019 sale of R 2 775 000.00, at -0.1% a year over 7.4 years.

ErfPer m²PriceSize AwaySold
Erf 63 R 3 795 R 2 000 000 527 23 2024
Erf 76 R 3 846 R 2 000 000 520 81 2024
Erf 60 R 4 485 R 2 350 000 524 82 2024
Erf 43 R 4 513 R 2 500 000 554 110 2025
Erf 69 R 5 090 R 2 550 000 501 43 2025
Erf 57 R 5 112 R 2 750 000 538 81 2025
Erf 82 R 5 340 R 2 750 000 515 144 2024
Erf 58 R 5 410 R 2 900 000 536 79 2025
Erf 52 R 5 437 R 2 800 000 515 82 2024
Erf 73 R 6 358 R 3 300 000 519 49 2025
Unit 30 Ferngate 10 Gateside Avenue R 8 642 R 700 000 81 171 2025
Unit 24 Ferngate 10 Gateside Avenue R 9 259 R 500 000 54 171 2026
Unit 37 Ferngate 10 Gateside Avenue R 9 388 R 460 000 49 171 2025
Unit 32 Ferngate 10 Gateside Avenue R 10 145 R 700 000 69 171 2024
Unit 35 Ferngate 10 Gateside Avenue R 10 328 R 630 000 61 171 2025

10 nearby sales, sold 2024 to 2025. The median runs across the rest, and the rates they span put this erf between R 2 056 926.00 and R 3 446 242.77. 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 byRANDBURG WEST
Evidence read 2026-07-31

Flags · 5

!conveyancing_bands
!transfer_duty_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 R17625. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R240000 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 10 nearby sales, sold 2024 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: BARNARD ATTORNEYS (0105100093). This is the practical route to an arrears figure before auction day.

Transfer duty is normally paid to SARS through the conveyancer before registration, not on auction day. Section 7.2 includes it in the auction-day figure; confirm the timing with the conveyancer.

Keep this one Favourites hold a shortlist, not a decision