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

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4 Bedroom House with Outbuilding and Pool

423698 · Germiston North · Woodmere · 4 bed · 744 m² · freehold · auction 5 Aug 2026

SheriffHQ
+Pass, reserve ×Fail, walk_away ?Review, market 2 days

Auction details

Auction date 5 Aug 2026
Held bySheriff Germiston North

Value indicators

Last sold priceR 1 300 000.00
Sale date2018/02/20
Gross yield
not computed
no rent held for Woodmere
Over market
46.5%
value R 1 009 383.83, all-in above it

Walk away above R 745 941.34 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 1 080 000.00
Sheriff's commissionR 26 700.00
Commission VAT rate unconfirmed, as at 2025-05-01 R 4 005.00
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 60 000.00
Firm costR 1 170 705.00

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 90 000.00
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 198 500.00

Cash

On auction dayR 138 705.00
Balance by 26 Aug 2026 R 972 000.00
All-in, floor to ceiling R 1 170 705.00R 1 479 068.00
All-in per m² at the ceilingR 1 987.99

Registered against the title · 1

Bond, S B Guarantee Co Rf Pty Ltd B9255/2018 R 1 300 000.00

Nearby sales · 14 used of 15

Market value
R 1 009 383.83
R 1 356.70 per m², median

= Consistent with its own 2018 sale of R 1 300 000.00, at -3.0% a year over 8.4 years.

All 15 nearby sales exact records
ErfPer m²PriceSize AwaySold
Erf 89 R 802 R 795 000 991 356 2025
Erf 1833 R 908 R 900 000 991 347 2025
Erf 12 R 984 R 975 000 991 221 2024
Erf 108 R 1 014 R 1 125 000 1110 132 2025
Erf 91 R 1 070 R 1 060 000 991 331 2025
Erf 60 R 1 203 R 1 350 000 1122 338 2025
Erf 133 R 1 326 R 1 000 000 754 304 2024
Erf 93 R 1 387 R 1 100 000 793 164 2023
Erf 1846 R 1 423 R 1 160 000 815 261 2024
Erf 118 R 1 558 R 1 430 000 918 234 2024
Erf 94 R 1 614 R 1 280 000 793 183 2025
Erf 1845 R 1 816 R 1 800 000 991 252 2026
Erf 94 R 1 866 R 1 480 000 793 183 2025
Erf 1206 R 2 273 R 1 600 000 704 325 2024
Unit 7 Woodmere Villas 7 Laurel Street R 6 731 R 1 050 000 156 53 2023

14 nearby sales, sold 2023 to 2026. The median runs across the rest, and the rates they span put this erf between R 596 851.66 and R 1 690 909.09. 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 · 7

Case number096094/2023
Evidence read 2026-07-31

Flags · 5

!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 R162000 in its place.
!the lowest bid this sale permits, R1080000, is already above the R745941 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 2023 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: 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 2018
An old bond is mostly amortised: the creditor's exposure - and its floor - is lower than the amount suggests.
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.