Ordered by cost per m², not by yield. Yield is the ranking rule, but no rent is held for any locality, so not one listing here can produce one. Ranking on yield anyway would return this list in listing-id order and call it a ranking, so the order falls back to a figure that exists. Rent is the last gap: it comes from live listings in the suburb, and nothing in the subscription carries it.

Where the bid price comes from. The census index carries no reserve. A detail fetch fills one in from the gazette notice where it recites one and from the listing page's own Reserve Price field where it does not. Sales with neither run as an opening anchored to what the property is worth, or, where there is nothing to anchor to, on a modelled band. Each row says which, and a reserve taken off the page rather than the notice says so too.

1 nearby auctions are held across 2 offices. Tick “show nearby auctions” to see them. They are not sheriff sales and carry no modelled figure.

Top of the ranking

3 Bedroom House with Double Garage and Single Carport on 405 sqm Erf

438407 · Lenasia · Lenasia South · 3 bed · 405 m² · freehold · auction 30 Sep 2026

SheriffHQ

?Review, reserve ?Review, market 12 days · in window

No walk-away

No comparable value is held for this property, so there is nothing to derive a ceiling from. The bid floor below is still firm; what is missing is the figure that would tell you when to stop.

bid floor, modelled band floor: R 50 000.00

Firm 6 lines: R 78 450.00
Provisioned never summed: R 4 500.00 – R 188 500.00
Cash on the day: R 8 450.00

nobody with standing has signed off the conveyancing fee bands, which moved a figure here
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 R7500 in its place.

Auction details

Auction date	30 Sep 2026
Held by	Sheriff Lenasia

Suburb demand · Lenasia South

Exit read	steady · sells in ~7 months
Absorption · 2025 sales over stock at 2026-08-02	1.82 sales per listing / yr
Transaction volume change	+57%
Bank stock on the pp feed here	6
Basis	absorption · context only, never part of the verdict

Gross yield

not computed

no rent held for Lenasia South

Under market

—

no comparable value held

Firm, figures that exist

Bid price, modelled band floor	R 50 000.00
Sheriff's commission	R 3 000.00
Commission VAT rate unconfirmed, as at 2025-05-01	R 450.00
Transfer duty	R 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it	R 25 000.00
Firm cost	R 78 450.00

Provisioned, bounded and never quoted

Municipal arrears	R 0.00 – R 80 000.00
Remediation	R 0.00 – R 50 000.00
Eviction	R 0.00 – R 45 000.00
Holding cost	R 4 500.00 – R 13 500.00
Provisioned range	R 4 500.00 – R 188 500.00

Cash

On auction day	R 8 450.00
Balance by 21 Oct 2026	R 45 000.00
All-in, floor to ceiling	R 78 450.00 – R 734 200.00
All-in per m² at the ceiling	R 1 812.84

The detail page has not been fetched for this listing. Its reserve state, erf size, registration fee, commission scale and nearby sales are all published and none of them are held here, so every line above runs on the assumption table.

Flags · 3

!nobody with standing has signed off the conveyancing fee bands, which moved a figure here

!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 R7500 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.

Open the notice