PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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3 Bedroom Home with Granny Flat

425186 · Roodepoort North · Delarey · 3 bed · sectional · auction 14 Aug 2026

+Pass, reserve +Pass, walk_away ?Review, market 14 days · in window
Gross yield
not computed
no rent held for Delarey
Under market
0.3%
value R 1 290 000.00

Walk away above R 972 646.84 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 881 000.00
Sheriff's commissionR 23 715.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 3 557.25
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 40 000.00
Firm costR 948 272.25

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 115 372.25
Balance by 4 Sep 2026 R 792 900.00
All-in, floor to ceiling R 948 272.25R 1 286 391.98
All-in per m² at the ceilingR 1 296.77

Registered against the title · 2

Bond, B S A Home Loans Guarantee Co Rf Pty Ltd B24021/2021 R 1 000 000.00
Interdict I-2154/2021C
!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 · 8 used of 8

Market value
R 1 290 000.00
R 1 300.40 per m², median
Last sold
R 1 350 000.00
2021/05/25

= Consistent with its own 2021 sale of R 1 350 000.00, at -0.9% a year over 5.2 years.

ErfPer m²PriceSize AwaySold
Erf 1227 R 933 R 600 000 643 291 2024
Erf 179 R 958 R 950 000 992 114 2024
Erf 1227 R 1 008 R 500 000 496 342 2024
Erf 208 R 1 190 R 1 180 000 992 265 2025
Erf 175 R 1 411 R 1 400 000 992 138 2025
Erf 276 R 1 447 R 1 350 000 933 206 2026
Erf 393 R 1 512 R 1 500 000 992 273 2026
Erf 392 R 2 218 R 2 200 000 992 320 2025
Unit 22 Delarey Gardens 1 Sixth Street R 4 688 R 450 000 96 162 2026
Unit 4 Marco Villa 29 Boundary Street R 6 522 R 450 000 69 218 2024
Unit 7 Marco Villa 29 Boundary Street R 6 522 R 450 000 69 218 2024
Unit 5 Indigo Sky 3 Delarey 16 Seventh Street R 7 142 R 499 950 70 153 2023
Unit 8 Millward Place 17 Fifth Street R 7 746 R 550 000 71 207 2024
Unit 3 Indigo Sky 3 Delarey 16 Seventh Street R 8 000 R 560 000 70 153 2024
Unit 2 Marco Villa 29 Boundary Street R 9 130 R 630 000 69 218 2024

8 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 925 660.96 and R 2 200 000.00. 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 · 6

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 R132150 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 8 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: Smit Sewgoolam Inc (011 760 1172). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision