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 House with Garage

423589 · Johannesburg South · Kenilworth · 3 bed · 503 m² · freehold · auction 4 Aug 2026

SheriffHQ
+Pass, reserve +Pass, walk_away ?Review, market 1 days

Auction details

Auction date 4 Aug 2026
Held bySheriff Johannesburg South

Value indicators

Last sold priceR 1 600 000.00
Sale date2020/10/06
Gross yield
not computed
no rent held for Kenilworth
Under market
7.7%
value R 1 092 373.74

Walk away above R 798 032.68 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 650 000.00
Sheriff's commissionR 20 250.00
Commission VAT rate unconfirmed, as at 2025-05-01 R 3 037.50
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 40 000.00
Firm costR 713 287.50

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 120 000.00
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 228 500.00

Cash

On auction dayR 88 287.50
Balance by 25 Aug 2026 R 585 000.00
All-in, floor to ceiling R 713 287.50R 1 007 908.75
All-in per m² at the ceilingR 2 003.79

Registered against the title · 3

Bond, Anglogold Ltd K2028/2003RM R 200 005 581.00
Bond, S B Guarantee Co Rf Pty Ltd B8119/2021 R 1 600 000.00
Interdict I-5163/2024AT
!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 · 12 used of 15

Market value
R 1 092 373.74
R 2 171.72 per m², median

= Consistent with its own 2020 sale of R 1 600 000.00, at -6.3% a year over 5.8 years.

Start bottom-left Nearby sales below the model rate are the conservative benchmark.
Crosshairs: R 2 172/m² model median · 153m median distance

Selected sale Erf 304 · R 1 616/m² · R 800 000 · 495m² · 50m away · sold 2025 · used by model

Used by model Context only

All 15 nearby sales exact records
ErfPer m²PriceSize AwaySold
Erf 159 R 929 R 460 000 495 177 2025
Erf 11 R 1 434 R 360 000 251 153 2024
Erf 304 R 1 616 R 800 000 495 50 2025
Erf 237 R 1 616 R 800 000 495 263 2025
Erf 304 R 2 010 R 995 000 495 50 2025
Erf 550 R 2 121 R 1 050 000 495 140 2025
Erf 171 R 2 121 R 1 050 000 495 210 2024
Erf 551 R 2 222 R 1 100 000 495 133 2024
Erf 534 R 2 222 R 1 100 000 495 230 2025
Erf 9 R 2 888 R 1 450 000 502 126 2024
Erf 237 R 2 889 R 1 430 000 495 263 2025
Erf 170 R 3 030 R 1 500 000 495 268 2025
Erf 534 R 3 232 R 1 600 000 495 230 2025
Erf 21 R 3 563 R 880 000 247 99 2024
Unit 6 Dili Court 194 Turf Club Street R 4 079 R 310 000 76 66 2025

12 nearby sales, sold 2024 to 2025. The median runs across the rest, and the rates they span put this erf between R 467 434.34 and R 1 625 858.59. 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

Case number61430/2022
Evidence read 2026-07-31

Flags · 4

!conveyancing_bands
!commission scale not recited in the notice - configured fallback used
!the municipal arrears ceiling is aged to the 2022-opened case: R120000 against the R80000 base, at R30000 a judgment-year capped at R240000 - unconfirmed model parameters, and still a provision, not a quote
!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 R97500 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 12 nearby sales, sold 2024 to 2025, 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: VEZI DE BEER ATTORNEYS (012 361 5640). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision

Provenance

Case opened 2022
Arrears accumulate from about then, and the arrears provision's ceiling ages with the judgment.
Oldest bond registered 2003
An old bond is mostly amortised: the creditor's exposure - and its floor - is lower than the amount suggests.
The firm's live book 17 sales in this census
The attorneys on record execute other live sales too. Panel volume, and a portfolio-clearance flag when the lots cluster in one area.