PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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3 Bedroom Apartment with Tiled Roof and Brick Walls

425184 · Sandton North · Bryanston · 3 bed · sectional · auction 4 Aug 2026

+Pass, reserve +Pass, walk_away ?Review, market 4 days
Gross yield
not computed
no rent held for Bryanston
Under market
4.9%
value R 1 139 393.94

Walk away above R 824 594.68 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 700 000.00
Sheriff's commissionR 21 000.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 3 150.00
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 40 000.00
Firm costR 764 150.00

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 94 150.00
Balance by 25 Aug 2026 R 630 000.00
All-in, floor to ceiling R 764 150.00R 1 083 857.50
All-in per m² at the ceilingR 11 530.40

Registered against the title · 1

Bond, Nedbank Ltd SB58783/2022 R 1 522 500.00

Nearby sales · 9 used of 9

Market value
R 1 139 393.94
R 12 121.21 per m², median
Last sold
R 1 450 000.00
2022/09/12

= Consistent with its own 2022 sale of R 1 450 000.00, at -6.0% a year over 3.9 years.

ErfPer m²PriceSize AwaySold
Unit 46 Bantry Square 15 Bantry Road R 9 653 R 975 000 101 0 2024
Unit 3 Bantry Oval 17 Bantry Road R 11 111 R 1 400 000 126 44 2025
Unit 20 Bantry Oval 17 Bantry Road R 11 224 R 1 100 000 98 44 2026
Unit 16 Bantry Oval 17 Bantry Road R 11 224 R 1 100 000 98 44 2025
Unit 20 Bantry Close 11 Bantry Road R 11 340 R 1 100 000 97 88 2025
Unit 5 Bantry Close 11 Bantry Road R 11 429 R 2 000 000 175 88 2025
Unit 8 Bantry Square 15 Bantry Road R 11 616 R 1 150 000 99 0 2025
Unit 49 Bantry Square 15 Bantry Road R 12 121 R 1 200 000 99 0 2026
Unit 9 Bantry Oval 17 Bantry Road R 12 255 R 1 250 000 102 44 2025
Unit 40 Bantry Square 15 Bantry Road R 12 500 R 1 250 000 100 0 2026
Unit 30 Bantry Square 15 Bantry Road R 12 571 R 1 584 000 126 0 2026
Unit 1 Bantry Close 11 Bantry Road R 12 598 R 1 600 000 127 88 2025
Unit 54 Bantry Close 11 Bantry Road R 12 626 R 1 250 000 99 88 2025
Unit 17 Bantry Square 15 Bantry Road R 14 118 R 1 200 000 85 0 2026
Unit 44 Bantry Square 15 Bantry Road R 14 202 R 1 335 000 94 0 2025

9 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 907 425.74 and R 1 335 000.00. 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

Case number2024/1247
Evidence read 2026-07-31

Flags · 4

!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 R105000 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 9 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: MOLEFE DLEPU INCORPORATED (0116160005). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision