Property report · census 3 Aug 2026
423636 · 3 Bedroom House with Outbuilding and Cottage
Lenasia - 12 Olifant Crescent
The auction
The money ladder · bid basis: reserve
| Bid band (reserve) | R 891 000 – R 980 100 |
| All-in ceiling | R 1 237 582 |
| Walk-away price | R 623 290 |
| Market value | R 874 617 |
Firm cost at the bid floor · R 958 445
| Bid price | R 891 000 |
| Sheriff's commission, incl VAT | R 27 445 |
| Transfer duty | R 0 |
| Conveyancing | R 40 000 |
| Firm cost per m² | R 2 414 |
Provisions, floor to ceiling · R 4 500 – R 188 500
Evaluation states
Registered transfers nearby · 15 within 233 m
Each dot is a registered transfer: nearer is left, dearer is up.
Houses in this suburb · average sale price by year
Suburb context only — it corroborates a value and never produces one.
Provenance
| Case opened | 2024 |
| Oldest bond registered | 2019 |
| Reserve is rand-exact | R 891 000.00 |
| The firm's live book | 17 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 R133650 in its place.
- the lowest bid this sale permits, R891000, is already above the R623290 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.