PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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6 Bedroom House with Staff Quarters, Garage, Braai Area and Pool

425208 · Durban South · Astra Park · 6 bed · freehold · auction 6 Aug 2026

?Review, reserve +Pass, walk_away ?Review, market 6 days
Gross yield
not computed
no rent held for Astra Park
Under market
0.0%
value R 1 558 709.68

Walk away above R 1 271 076.33 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, opening, anchored to market value R 467 612.90
Sheriff's commissionR 17 514.19
Commission VAT rate unconfirmed, as at 2018-04-01 R 2 627.13
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 512 754.22

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 81 902.61
Balance by 27 Aug 2026 R 420 851.61
All-in, floor to ceiling R 512 754.22R 1 558 709.68
All-in per m² at the ceilingR 1 290.32

Registered against the title · 2

Bond, Proprietary Limited B4332/2023 R 1 710 000.00
Interdict I-238/2026AT
!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 · 15 used of 15

Market value
R 1 558 709.68
R 1 290.32 per m², median
Last sold
R 1 900 000.00
2022/08/24

= Consistent with its own 2022 sale of R 1 900 000.00, at -4.9% a year over 3.9 years.

ErfPer m²PriceSize AwaySold
Erf 1383 R 807 R 750 000 929 125 2026
Erf 1308 R 921 R 1 100 000 1194 270 2025
Erf 1466 R 1 019 R 1 375 000 1349 302 2025
Erf 66 R 1 113 R 1 225 000 1101 268 2025
Erf 1383 R 1 130 R 1 050 000 929 125 2026
Erf 68 R 1 214 R 1 400 000 1153 223 2024
Erf 1352 R 1 228 R 1 195 000 973 175 2026
Erf 1372 R 1 290 R 1 200 000 930 189 2025
Erf 1401 R 1 297 R 1 750 000 1349 57 2024
Erf 1350 R 1 367 R 1 270 000 929 191 2023
Erf 1472 R 1 480 R 1 375 000 929 305 2025
Erf 1376 R 1 561 R 1 450 000 929 164 2024
Erf 63 R 1 603 R 1 650 000 1029 328 2025
Erf 1426 R 1 667 R 1 500 000 900 29 2026
Erf 1381 R 1 790 R 1 650 000 922 144 2024

15 nearby sales, sold 2023 to 2026. The median runs across the rest, and the rates they span put this erf between R 975 242.20 and R 2 161 822.13. 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 · 7

Registration to bid, refundable R 15 000.00
AtACTING SHERIFF DURBAN SOUTH, UNIT1/2 ELATION HOUSE
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 R70142 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 15 nearby sales, sold 2023 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: JOHNSTON AND PARTNERS (031 5369700). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision