PropertyLane Census 3 Aug 2026 Sign in
387 sales in execution 197 with a reserve 40 without one 8 provinces

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3 Bedroom Family Home

423695 · Johannesburg South · Naturena · 3 bed · 265 m² · freehold · auction 4 Aug 2026

SheriffHQ
+Pass, reserve ×Fail, walk_away ?Review, market 1 days

Auction details

Auction date 4 Aug 2026
Held bySheriff Johannesburg South

Value indicators

Last sold priceR 161 822.00
Sale date2011/03/31
Gross yield
not computed
no rent held for Naturena
Over market
8.2%
value R 791 078.39, all-in above it

Walk away above R 541 168.24 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 recited R 550 000.00
Sheriff's commissionR 18 750.00
Commission VAT rate unconfirmed, as at 2025-05-01 R 2 812.50
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 40 000.00
Firm costR 611 562.50

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 80 000.00
Remediation R 0.00R 50 000.00
Eviction R 0.00R 45 000.00
Holding cost R 4 500.00R 13 500.00
Provisioned range R 4 500.00R 188 500.00

Cash

On auction dayR 76 562.50
Balance by 25 Aug 2026 R 495 000.00
All-in, floor to ceiling R 611 562.50R 856 011.25
All-in per m² at the ceilingR 3 230.23

Registered against the title · 3

Bond, Amount K222/2009S R 200 030 707.00
Bond, A B S A Bank Ltd B24240/2011 R 318 000.00
Interdict I-2152/2023AT
!1 interdict registered. An interdict restrains dealing with the property and is not extinguished by the sale in the way a bond is. This is a question for the conveyancer before bidding, not after.

Nearby sales · 14 used of 15

Market value
R 791 078.39
R 2 985.20 per m², median

= Consistent with its own 2011 sale of R 161 822.00, at 10.9% a year over 15.3 years.

All 15 nearby sales exact records
ErfPer m²PriceSize AwaySold
Erf 322 R 101 R 3 025 000 30000 235 2025
Erf 3009 R 898 R 439 254 489 253 2025
Erf 3009 R 1 329 R 650 000 489 253 2025
Erf 3555 R 1 844 R 450 000 244 157 2025
Erf 3555 R 1 938 R 500 000 258 123 2024
Erf 3552 R 2 451 R 870 000 355 195 2025
Erf 3552 R 2 680 R 670 000 250 220 2025
Erf 3034 R 2 930 R 800 000 273 123 2025
Erf 3034 R 3 040 R 760 000 250 183 2025
Erf 3555 R 3 256 R 840 000 258 175 2025
Erf 3555 R 3 295 R 850 000 258 74 2024
Erf 3552 R 3 312 R 1 050 000 317 79 2025
Erf 3555 R 3 488 R 900 000 258 88 2024
Erf 3555 R 3 734 R 900 000 241 138 2024
Erf 3034 R 3 849 R 1 020 000 265 140 2025

14 nearby sales, sold 2024 to 2025. The median runs across the rest, and the rates they span put this erf between R 238 041.53 and R 1 020 000.00. 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 · 5

Evidence read 2026-07-31

Flags · 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 R82500 in its place.
!the lowest bid this sale permits, R550000, is already above the R541168 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.

Market value is derived from 14 nearby sales, sold 2024 to 2025, 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: Hammond Pole Majola Inc C/o NVG Attorneys (0118741800). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision

Provenance

Oldest bond registered 2009
An old bond is mostly amortised: the creditor's exposure - and its floor - is lower than the amount suggests.
The firm's live book 11 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.