3 Bedroom Apartment in Sectional Title
423666 · Kempton Park · Glen marais · 3 bed · 67 m² · sectional · auction 6 Aug 2026
Auction details
| Auction date | 6 Aug 2026 |
| Held by | Sheriff Kempton Park |
Value indicators
| Last sold price | R 790 000.00 |
| Sale date | 2015/01/22 |
Walk away above R 482 070.82 Bid more than this and the all-in cost, provisions at full, passes what the property is worth. It is a ceiling on the bid, not a forecast of it, and it moves with the provisions.
Firm, figures that exist
| Bid price, reserve published on the listing | R 550 000.00 |
| Sheriff's commission | R 18 750.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 2 812.50 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 40 000.00 |
| Firm cost | R 611 562.50 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 90 000.00 |
| Remediation | R 0.00 – R 50 000.00 |
| Levy arrears | R 0.00 – R 60 000.00 |
| Eviction | R 0.00 – R 45 000.00 |
| Holding cost | R 4 500.00 – R 13 500.00 |
| Provisioned range | R 4 500.00 – R 258 500.00 |
Cash
| On auction day | R 76 562.50 |
| Balance by 27 Aug 2026 | R 495 000.00 |
| All-in, floor to ceiling | R 611 562.50 – R 926 011.25 |
| All-in per m² at the ceiling | R 13 821.06 |
Registered against the title · 1
| Bond, South African Home Loans Guarantee Trust SB30686/2015 | R 790 000.00 |
Nearby sales · 13 used of 15
= Consistent with its own 2015 sale of R 790 000.00, at -0.0% a year over 11.5 years.
All 15 nearby sales exact records
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Unit 7 Chardonnay 3 Braambos Road | R 5 109 | R 705 000 | 138 | 93 | 2025 |
| Unit 8 Chardonnay 3 Braambos Road | R 6 079 | R 845 000 | 139 | 93 | 2025 |
| Unit 108 Constantia Place Heald Street | R 8 947 | R 680 000 | 76 | 139 | 2025 |
| Unit 82 Constantia Place Heald Street | R 9 677 | R 600 000 | 62 | 139 | 2025 |
| Unit 60 Constantia Place Heald Street | R 9 773 | R 430 000 | 44 | 139 | 2026 |
| Unit 50 Constantia Place Heald Street | R 10 678 | R 630 000 | 59 | 139 | 2025 |
| Unit 101 Constantia Place Heald Street | R 11 321 | R 600 000 | 53 | 139 | 2025 |
| Unit 52 Constantia Place Heald Street | R 11 364 | R 500 000 | 44 | 139 | 2026 |
| Unit 19 Constantia Place Heald Street | R 11 731 | R 610 000 | 52 | 139 | 2025 |
| Unit 47 Constantia Place Heald Street | R 12 045 | R 530 000 | 44 | 139 | 2026 |
| Unit 24 Constantia Place Heald Street | R 12 396 | R 595 000 | 48 | 139 | 2025 |
| Unit 25 Le Bonheur | R 12 991 | R 1 390 000 | 107 | 128 | 2025 |
| Unit 22 Chardonnay 3 Braambos Road | R 13 000 | R 1 300 000 | 100 | 93 | 2025 |
| Unit 26 Chardonnay 3 Braambos Road | R 13 468 | R 1 670 000 | 124 | 93 | 2025 |
| Unit 18 Le Bonheur | R 15 421 | R 1 650 000 | 107 | 128 | 2026 |
13 nearby sales, sold 2025 to 2026. The median runs across the rest, and the rates they span put this erf between R 599 473.68 and R 1 033 177.57. Sizes are in m² and distances in metres. Evidence about the area, not a valuation of this property, which nobody has inspected.
Recited by the notice · 6
| Case number | 9277/2023 |
| Evidence read | 2026-07-31 |
Flags · 5
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.
Market value is derived from 13 nearby sales, sold 2025 to 2026, at the median of rate per square metre. It is evidence about the area, not a valuation of this property, which nobody has inspected.
Attorneys for the execution creditor: VELILE TINTO & ASSOCIATES INC. ((012) 8073366). This is the practical route to an arrears figure before auction day.