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

423613 · Land with 7 rooms and dwelling converted into rental rooms

Rosettenville - 129 High Street

improved 495 m² ? review confidence low

The auction

When 4 Aug 2026 Tuesday · 1 lead day
Held by Sheriff Johannesburg South Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 51 962 balance R 315 000 by 25 Aug 2026
All-in cost R 391 962 to R 616 871 at full provisions
Discount to market 49.6% value R 1 225 000
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 350 000 – R 385 000
All-in ceiling R 616 871
Walk-away price R 967 732
Market value R 1 225 000

Firm cost at the bid floor · R 391 962

Bid price R 350 000
Sheriff's commission, incl VAT R 16 962
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 792
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 · pass walk away · pass ? market · review

Registered transfers nearby · 15 within 293 m

market value R 1 225 000 R 730 000 · 100 m · 2023 R 1 200 000 · 103 m · 2026 R 600 000 · 157 m · 2024 R 780 000 · 164 m · 2025 R 1 350 000 · 179 m · 2025 R 2 575 000 · 181 m · 2025 R 1 000 000 · 221 m · 2025 R 1 000 000 · 235 m · 2025 R 650 000 · 239 m · 2025 R 450 000 · 244 m · 2024 R 1 100 000 · 257 m · 2025 R 760 000 · 271 m · 2025 R 1 170 000 · 282 m · 2026 R 3 150 000 · 289 m · 2025 R 250 000 · 293 m · 2025 0 m 293 m

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

Houses in this suburb · average sale price by year

2019: R 850 000 across 119 sales 2020: R 850 000 across 104 sales 2021: R 950 000 across 147 sales 2022: R 1 010 000 across 124 sales 2023: R 1 150 000 across 123 sales 2024: R 999 500 across 84 sales 2025: R 1 000 000 across 48 sales R 850 000 R 1 000 000 2019 2025

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

Provenance

Case opened2024
Oldest bond registered2019
The firm's live book12 sales in this census

Warnings · 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 R52500 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. 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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