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

423640 · 1 Bedroom Apartment with Carport

Paulshof, Unit 106 Matika Lifestyle Estate - Capricorn Avenue

improved 1 bed 69 m² sectional / HOA excluded confidence low 30d balance

The auction

When 4 Aug 2026 Tuesday · 1 lead day
Held by Sheriff Sandton North Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 77 735 balance R 504 000 by 3 Sep 2026
All-in cost R 621 735 to R 927 201 at full provisions
Discount to market -9.8% value R 844 808
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 560 000 – R 616 000
All-in ceiling R 927 201
Walk-away price R 535 004
Market value R 844 808

Firm cost at the bid floor · R 621 735

Bid price R 560 000
Sheriff's commission, incl VAT R 21 735
Transfer duty R 0
Conveyancing R 40 000
Firm cost per m² R 9 011
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 248 500

Municipal arrears R 80 000
Remediation R 50 000
Levy arrears R 60 000
Eviction R 45 000
Holding cost R 13 500

Evaluation states

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

Apartments in this suburb · average sale price by year

2019: R 1 050 000 across 306 sales 2020: R 925 000 across 347 sales 2021: R 960 000 across 372 sales 2022: R 950 000 across 340 sales 2023: R 925 000 across 279 sales 2024: R 900 000 across 225 sales 2025: R 925 000 across 291 sales R 1 050 000 R 925 000 2019 2025

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

Provenance

Oldest bond registered2021
The firm's live book3 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 R84000 in its place.
  • the lowest bid this sale permits, R560000, is already above the R535004 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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