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 Apartment

423656 · Johannesburg East · Linbro Park AH · 2 bed · 31 m² · sectional · auction 4 Aug 2026

SheriffHQ
+Pass, reserve ?Review, market 1 days

Auction details

Auction date 4 Aug 2026
Held bySheriff Johannesburg East

Value indicators

Last sold priceR 574 900.00
Sale date2020/06/11
Gross yield
not computed
no rent held for Linbro Park AH
Under market
no comparable value held

Firm, figures that exist

Bid price, reserve published on the listing R 325 000.00
Sheriff's commissionR 13 875.00
Commission VAT rate unconfirmed, as at 2025-05-01 R 2 081.25
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 25 000.00
Firm costR 365 956.25

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 90 000.00
Remediation R 0.00R 50 000.00
Levy arrears R 0.00R 60 000.00
Eviction R 0.00R 45 000.00
Holding cost R 4 500.00R 13 500.00
Provisioned range R 4 500.00R 258 500.00

Cash

On auction dayR 48 456.25
Balance by 25 Aug 2026 R 292 500.00
All-in, floor to ceiling R 365 956.25R 658 264.38
All-in per m² at the ceilingR 21 234.33

Registered against the title · 1

Bond, Pty Ltd SB44683/2020 R 574 900.00

Recited by the notice · 8

Case number119568/2023
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 R48750 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: STRYDOM BRITZ MOHULATSI INC. (0123651887). 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 2020
An old bond is mostly amortised: the creditor's exposure - and its floor - is lower than the amount suggests.
Reserve is rand-exact R 325 000.00
A reserve that is not a round number reads as the creditor's outstanding balance printed as the reserve, where a round one reads as a valuation.
The firm's live book 17 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.