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

Property report · census 3 Aug 2026

423594 · 2 Bedroom House with 1 Other Room

Klipfontein View - 2206 Lehapu Street

improved 2 bed excluded confidence low bond 2006

The auction

When 6 Aug 2026 Thursday · 3 lead days
Held by Sheriff Kempton Park Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 111 805 balance R 612 000 by 27 Aug 2026
All-in cost R 743 805 to R 1 001 478 at full provisions
Discount to market -19.2% value R 840 000
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 680 000 – R 748 000
All-in ceiling R 1 001 478
Walk-away price R 589 260
Market value R 840 000

Firm cost at the bid floor · R 743 805

Bid price R 680 000
Sheriff's commission, incl VAT R 23 805
Transfer duty R 0
Conveyancing R 40 000
Firm cost per m²
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 188 500

Municipal arrears R 80 000
Remediation R 50 000
Eviction R 45 000
Holding cost R 13 500

Evaluation states

reserve · pass ? size · review walk away · fail ? market · review

Registered transfers nearby · 15 within 262 m

market value R 840 000 R 560 000 · 58 m · 2023 R 710 000 · 96 m · 2023 R 830 000 · 101 m · 2025 R 800 000 · 150 m · 2025 R 1 000 000 · 159 m · 2026 R 950 000 · 171 m · 2025 R 1 150 000 · 178 m · 2025 R 990 000 · 183 m · 2026 R 750 000 · 184 m · 2024 R 870 000 · 188 m · 2024 R 1 300 000 · 201 m · 2026 R 850 000 · 211 m · 2025 R 830 000 · 211 m · 2024 R 900 000 · 215 m · 2025 R 700 000 · 262 m · 2025 0 m 262 m

Each dot is a registered transfer: nearer is left, dearer is up.

Houses in this suburb · average sale price by year

2019: R 750 000 across 27 sales 2020: R 777 500 across 34 sales 2021: R 780 000 across 44 sales 2022: R 840 000 across 40 sales 2023: R 870 000 across 47 sales 2024: R 774 999 across 26 sales 2025: R 880 000 across 22 sales R 750 000 R 880 000 2019 2025

Suburb context only — it corroborates a value and never produces one.

Provenance

Case opened2024
Oldest bond registered2006
The firm's live book2 sales in this census

Warnings · 4

  • 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 R102000 in its place.
  • the lowest bid this sale permits, R680000, is already above the R589260 walk-away price - no bid in the band recovers its own cost against modelled value, so this cannot alert whatever the rent turns out to be

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. Assumptions version 3. Modelled from the census of 3 Aug 2026; nothing here is a valuation of a property nobody has inspected.

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