PropertyLane assumptions v0 · localities v0
census 29 Jul 2026

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3 Bedroom Family Home with Garages and Outbuildings

425247 · Lenasia · Lenasia South · 3 bed · freehold · auction 5 Aug 2026

+Pass, reserve ?Review, walk_away ?Review, market 5 days
Gross yield
not computed
no rent held for Lenasia South
Over market
76.0%
value R 980 392.16, all-in above it

Firm, figures that exist

Bid price, reserve published on the listing R 1 300 000.00
Sheriff's commissionR 30 000.00
Commission VAT rate unconfirmed, as at 2018-04-01 R 4 500.00
Transfer dutyR 6 000.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 60 000.00
Firm costR 1 400 500.00

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 170 500.00
Balance by 26 Aug 2026 R 1 170 000.00
All-in, floor to ceiling R 1 400 500.00R 1 725 142.50
All-in per m² at the ceilingR 2 875.24

Registered against the title · 2

Bond, B S A Home Loans Guarantee Co Rf Pty Ltd B28113/2023 R 1 500 000.00
Interdict I-2708/2026AT
!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 980 392.16
R 1 633.99 per m², median
Last sold
R 1 500 000.00
2023/10/24

! This value implies -14.2% a year against its own 2023 sale of R 1 500 000.00, outside what the rest of the census shows. Treat it as unverified until someone has looked.

ErfPer m²PriceSize AwaySold
Erf 1748 R 667 R 400 000 600 36 2025
Erf 1748 R 850 R 510 000 600 36 2025
Erf 1674 R 888 R 532 500 600 124 2024
Erf 1660 R 1 246 R 850 000 682 114 2025
Erf 1650 R 1 341 R 850 000 634 48 2026
Erf 1759 R 1 500 R 900 000 600 177 2025
Erf 1651 R 1 520 R 970 000 638 41 2025
Erf 1673 R 1 634 R 1 000 000 612 141 2025
Erf 1669 R 1 665 R 999 000 600 120 2024
Erf 1754 R 1 750 R 1 050 000 600 143 2025
Erf 1748 R 1 833 R 1 100 000 600 36 2025
Erf 1769 R 1 982 R 1 189 000 600 181 2025
Erf 1853 R 2 333 R 1 400 000 600 151 2025
Erf 1853 R 2 333 R 1 400 000 600 151 2025
Erf 1767 R 2 500 R 1 500 000 600 176 2025

15 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 400 000.00 and R 1 500 000.00. 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 · 3

Evidence read 2026-07-31

Flags · 6

!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 R6000. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R195000 in its place.
!market value disagrees with this property's own last sale - this value implies -14.2% a year against its own 2023 sale, outside the -10% to +18% the rest of the census shows

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 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.

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