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

423617 · 4 Bedroom Freestanding House with Lapa

Lenasia South - 11 Hawk Crescent

improved 4 bed 612 m² ? review confidence low 2 same hammer

The auction

When 5 Aug 2026 Wednesday · 2 lead days
Held by Sheriff Lenasia Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 131 839 balance R 535 500 by 26 Aug 2026
All-in cost R 657 339 to R 916 365 at full provisions
Discount to market 3.5% value R 950 000
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 595 000 – R 654 500
All-in ceiling R 916 365
Market value R 950 000

Firm cost at the bid floor · R 657 339

Bid price R 595 000
Sheriff's commission, incl VAT R 22 339
Transfer duty R 0
Conveyancing R 40 000
Firm cost per m² R 1 074
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 198 500

Municipal arrears aged R 90 000
Remediation R 50 000
Eviction R 45 000
Holding cost R 13 500

Evaluation states

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

Registered transfers nearby · 15 within 237 m

market value R 950 000 R 900 000 · 48 m · 2025 R 730 000 · 48 m · 2025 R 900 000 · 76 m · 2025 R 950 000 · 109 m · 2025 R 1 080 000 · 130 m · 2024 R 1 400 000 · 155 m · 2025 R 1 050 000 · 168 m · 2025 R 920 000 · 176 m · 2025 R 1 300 000 · 177 m · 2025 R 1 000 000 · 197 m · 2025 R 995 000 · 204 m · 2025 R 860 000 · 207 m · 2025 R 1 200 000 · 219 m · 2025 R 430 000 · 226 m · 2026 R 850 000 · 237 m · 2025 0 m 237 m

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

Houses in this suburb · average sale price by year

2019: R 890 000 across 41 sales 2020: R 890 000 across 79 sales 2021: R 895 000 across 71 sales 2022: R 962 500 across 78 sales 2023: R 899 500 across 48 sales 2024: R 900 000 across 39 sales 2025: R 949 500 across 52 sales R 890 000 R 949 500 2019 2025

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

Provenance

Case opened2023
Oldest bond registered2022
Reserve is rand-exactR 595 000.00
The firm's live book12 sales in this census

Warnings · 5

  • 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 R89250 in its place.
  • market value disagrees with this property's own last sale - this value implies -15.0% a year against its own 2022 sale, outside the -10% to +18% the rest of the census shows

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.

Full detail page Sign in to email this report