PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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1 Bedroom Apartment in Sectional Title Scheme

425189 · Centurion West · Heuweloord · 1 bed · sectional · auction 3 Aug 2026

+Pass, reserve ×Fail, walk_away ?Review, market 3 days
Gross yield
not computed
no rent held for Heuweloord
Over market
10.3%
value R 696 851.85, all-in above it

Walk away above R 404 302.63 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 431 765.80
Sheriff's commissionR 16 976.49
Commission VAT rate unconfirmed, as at 2018-04-01 R 2 546.47
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 476 288.76

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 62 699.54
Balance by 24 Aug 2026 R 388 589.22
All-in, floor to ceiling R 476 288.76R 768 710.14
All-in per m² at the ceilingR 14 503.96

Nearby sales · 11 used of 12

Market value
R 696 851.85
R 13 148.15 per m², median
Last sold
R 745 000.00
2021/05/26

= Consistent with its own 2021 sale of R 745 000.00, at -1.3% a year over 5.2 years.

ErfPer m²PriceSize AwaySold
Unit 123 The Junction At Forest Hill 10 Apiesdoring Drive R 10 185 R 550 000 54 0 2025
Unit 255 The Junction At Forest Hill 10 Apiesdoring Drive R 11 667 R 630 000 54 0 2026
Unit 151 The Junction At Forest Hill 10 Apiesdoring Drive R 12 037 R 650 000 54 0 2026
Unit 153 The Junction At Forest Hill 10 Apiesdoring Drive R 12 037 R 650 000 54 0 2026
Unit 107 The Junction At Forest Hill 10 Apiesdoring Drive R 12 037 R 650 000 54 0 2025
Unit 140 The Junction At Forest Hill 10 Apiesdoring Drive R 12 870 R 695 000 54 0 2026
Unit 203 The Junction At Forest Hill 10 Apiesdoring Drive R 12 963 R 700 000 54 0 2026
Unit 350 The Junction At Forest Hill 10 Apiesdoring Drive R 13 148 R 710 000 54 0 2026
Unit 339 The Junction At Forest Hill 10 Apiesdoring Drive R 13 148 R 710 000 54 0 2026
Unit 114 The Junction At Forest Hill 10 Apiesdoring Drive R 13 774 R 730 000 53 0 2026
Unit 95 The Junction At Forest Hill 10 Apiesdoring Drive R 13 796 R 745 000 54 0 2026
Unit 265 The Junction At Forest Hill 10 Apiesdoring Drive R 14 528 R 770 000 53 0 2026
Unit 1092 The Junction At Forest Hill 10 Apiesdoring Drive R 14 583 R 525 000 36 0 2025
Unit 1004 The Junction At Forest Hill 10 Apiesdoring Drive R 16 429 R 575 000 35 0 2025
Unit 1113 The Junction At Forest Hill 10 Apiesdoring Drive out R 18 710 R 580 000 31 0 2025

11 nearby sales, sold 2025 to 2026; 1 excluded as outliers. The 1 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 539 814.81 and R 870 714.29. 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 byCenturion West 229 Blackwood 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 R64765 in its place.
!the lowest bid this sale permits, R431766, is already above the R404303 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 11 nearby sales, sold 2025 to 2026; 1 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: Haasbroek & Boezaart Inc. (0124813551). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision