PropertyLane Census 3 Aug 2026 Sign in
387 sales in execution 197 with a reserve 40 without one 8 provinces

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3 Bedroom Sectional Title Apartment

423585 · Pretoria South East · Waterkloof Ridge · 3 bed · 182 m² · sectional · auction 5 Aug 2026

SheriffHQ
+Pass, reserve +Pass, walk_away ?Review, market 2 days

Auction details

Auction date 5 Aug 2026
Held bySheriff Pretoria South East

Value indicators

Last sold priceR 1 550 000.00
Sale date2016/10/27
Gross yield
not computed
no rent held for Waterkloof Ridge
Under market
14.0%
value R 1 785 222.93

Walk away above R 1 433 227.91 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 1 086 000.00
Sheriff's commissionR 26 790.00
Commission VAT rate unconfirmed, as at 2025-05-01 R 4 018.50
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 60 000.00
Firm costR 1 176 808.50

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 139 408.50
Balance by 26 Aug 2026 R 977 400.00
All-in, floor to ceiling R 1 176 808.50R 1 535 781.85
All-in per m² at the ceilingR 8 438.36

Registered against the title · 2

Bond, Nedbank Ltd SB17001/2017 R 1 395 985.00
Interdict I-3012/2025AT
!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 · 7 used of 15

Market value
R 1 785 222.93
R 9 808.92 per m², median

= Consistent with its own 2016 sale of R 1 550 000.00, at 1.5% a year over 9.8 years.

Start bottom-left Nearby sales below the model rate are the conservative benchmark.
Crosshairs: R 9 809/m² model median · 127m median distance

Selected sale Unit 2 Moreletapark 5193 650 Wainwright Street · R 5 594/m² · R 1 600 000 · 286m² · 41m away · sold 2024 · excluded outlier

Used by model Context only Excluded outlier

All 15 nearby sales exact records
ErfPer m²PriceSize AwaySold
Unit 5144 Moreletapark Ext 42 R 2 191 R 2 550 000 1164 201 2026
Unit 5174 Moreletapark Ext 42 R 2 259 R 2 320 000 1027 70 2025
Unit 2905 Moreletapark Ext 21 R 2 995 R 3 450 000 1152 82 2026
Unit 2966 Moreletapark Ext 21 R 3 079 R 2 950 000 958 203 2026
Unit 5195 Moreletapark Ext 37 R 3 654 R 3 800 000 1040 103 2025
Unit 2 Moreletapark 5193 650 Wainwright Street out R 5 594 R 1 600 000 286 41 2024
Unit 2 Bizanahof 917 Bizana Street R 9 333 R 1 400 000 150 125 2025
Unit 1 Moreletapark 5192 646 Wainwright Street R 9 677 R 2 100 000 217 48 2026
Unit 1 Kwa Ngozi 208 Hoyt Crescent R 9 802 R 1 980 000 202 210 2026
Unit 2 Moreletapark 5099 19 Hoyt Crescent R 9 809 R 1 540 000 157 158 2025
Unit 1 Moreleta 5243 23 Sandy Place R 9 815 R 2 650 000 270 181 2026
Unit 1 Mor5166 42 Hoyt Crescent R 10 084 R 2 400 000 238 174 2025
Unit 2 Anazihof 913 Bizana Street R 10 201 R 1 520 000 149 151 2025
Unit 1 More 5294 950 Bizana Street out R 11 438 R 1 750 000 153 109 2025
Unit 2 Van Goghsingel 603 605 Van out R 13 764 R 2 450 000 178 127 2026

7 nearby sales, sold 2025 to 2026; 3 excluded as outliers. The 3 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 1 698 666.67 and R 1 856 644.30. 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 · 3

!conveyancing_bands
!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 R162900 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 7 nearby sales, sold 2025 to 2026; 3 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: WEAVIND AND WEAVIND INC ((012) 346-3098). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision

Provenance

Oldest bond registered 2017
An old bond is mostly amortised: the creditor's exposure - and its floor - is lower than the amount suggests.
Reserve is rand-exact R 1 086 000.00
A reserve that is not a round number reads as the creditor's outstanding balance printed as the reserve, where a round one reads as a valuation.