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

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2 Bedroom Home with Lounge

423611 · Kempton Park · Clayville Ext 77 · 2 bed · 184 m² · freehold · auction 6 Aug 2026

SheriffHQ
+Pass, reserve ?Review, market 3 days

Auction details

Auction date 6 Aug 2026
Held bySheriff Kempton Park

Value indicators

Last sold priceR 647 125.00
Sale date2022/09/05
Gross yield
not computed
no rent held for Clayville Ext 77
Under market
no comparable value held

Firm, figures that exist

Bid price, reserve recited R 500 000.00
Sheriff's commissionR 18 000.00
Commission VAT rate unconfirmed, as at 2025-05-01 R 2 700.00
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 545 700.00

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 90 000.00
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 198 500.00

Cash

On auction dayR 70 700.00
Balance by 27 Aug 2026 R 450 000.00
All-in, floor to ceiling R 545 700.00R 810 062.50
All-in per m² at the ceilingR 4 402.51

Registered against the title · 4

Bond, Pty Ltd B1563/2023 R 647 125.00
Interdict I-1356/2022C
Interdict I-1355/2022C
Interdict I-2760/2024AT
!3 interdicts 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.

Recited by the notice · 7

Case number2023/0974
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 2023-opened case: R90000 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 R75000 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.

Attorneys for the execution creditor: Lowndes Dlamini (011-292-5777). 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 2023
Arrears accumulate from about then, and the arrears provision's ceiling ages with the judgment.
Oldest bond registered 2023
An old bond is mostly amortised: the creditor's exposure - and its floor - is lower than the amount suggests.
The firm's live book 12 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.