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

423688 · 9 Bedroom House on Large Erf

Kenilworth - 24 Leonard Street

improved 9 bed 496 m² ? review confidence low 2 same hammer

The auction

When 4 Aug 2026 Tuesday · 1 lead day
Held by Sheriff Johannesburg South Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 150 012 balance R 675 000 by 25 Aug 2026
All-in cost R 815 012 to R 1 079 806 at full provisions
Discount to market 15.8% value R 1 282 586
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 750 000 – R 825 000
All-in ceiling R 1 079 806
Walk-away price R 1 004 680
Market value R 1 282 586

Firm cost at the bid floor · R 815 012

Bid price R 750 000
Sheriff's commission, incl VAT R 25 012
Transfer duty R 0
Conveyancing R 40 000
Firm cost per m² R 1 643
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 188 500

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

Evaluation states

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

Registered transfers nearby · 15 within 234 m

market value R 1 282 586 R 1 395 000 · 29 m · 2025 R 670 000 · 29 m · 2025 R 1 050 000 · 80 m · 2024 R 1 280 000 · 80 m · 2024 R 900 000 · 90 m · 2024 R 330 000 · 115 m · 2025 R 1 300 000 · 118 m · 2024 R 600 000 · 123 m · 2024 R 1 400 000 · 128 m · 2024 R 900 000 · 132 m · 2025 R 1 720 000 · 135 m · 2024 R 700 000 · 135 m · 2024 R 1 450 000 · 136 m · 2026 R 1 200 000 · 201 m · 2025 R 1 395 000 · 234 m · 2026 0 m 234 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 68 sales 2020: R 940 000 across 66 sales 2021: R 1 085 000 across 75 sales 2022: R 1 250 000 across 79 sales 2023: R 1 200 000 across 74 sales 2024: R 1 280 000 across 55 sales 2025: R 1 200 000 across 55 sales R 890 000 R 1 200 000 2019 2025

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

Provenance

Oldest bond registered2022
The firm's live book2 sales in this census

Warnings · 3

  • 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 R112500 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. 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