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

423716 · 1 Bedroom Apartment with Balcony

Brandwag, Unit 206 Villa Favorita - 21 Dutton Crescent

improved 1 bed 47 m² sectional / HOA ? review confidence low

The auction

When 5 Aug 2026 Wednesday · 2 lead days
Held by Sheriff Bloemfontein West Free State
Where 6A THIRD STREET, ARBORETUM as the notice recites it
Cash on auction day R 75 341 balance R 176 250 by 26 Aug 2026
All-in cost R 231 591 to R 652 778 at full provisions
Discount to market 0.0% value R 652 778
Gross yield market reference 10.9%

The money ladder · bid basis: anchored

Bid band (anchored) R 195 833 – R 361 839
All-in ceiling R 652 778
Walk-away price R 361 839
Market value R 652 778

Firm cost at the bid floor · R 231 591

Bid price R 195 833
Sheriff's commission, incl VAT R 10 757
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 4 927
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 248 500

Municipal arrears R 80 000
Remediation R 50 000
Levy arrears R 60 000
Eviction R 45 000
Holding cost R 13 500

Evaluation states

reserve · no reserve size · pass walk away · pass ? market · review

Registered transfers nearby · 15 within 119 m

market value R 652 778 R 360 000 · 0 m · 2026 R 360 000 · 0 m · 2026 R 480 000 · 0 m · 2025 R 480 000 · 0 m · 2025 R 375 000 · 0 m · 2026 R 375 000 · 0 m · 2026 R 350 000 · 0 m · 2025 R 350 000 · 0 m · 2025 R 460 000 · 0 m · 2025 R 460 000 · 0 m · 2025 R 380 000 · 0 m · 2024 R 380 000 · 0 m · 2024 R 370 000 · 0 m · 2025 R 1 590 000 · 72 m · 2025 R 1 350 000 · 119 m · 2026 0 m 119 m

Each dot is a registered transfer: nearer is left, dearer is up.

Apartments in this suburb · average sale price by year

2019: R 365 500 across 26 sales 2020: R 230 769 across 38 sales 2021: R 355 000 across 30 sales 2022: R 365 000 across 51 sales 2023: R 720 000 across 17 sales 2024: R 435 000 across 20 sales 2025: R 495 000 across 19 sales R 365 500 R 495 000 2019 2025

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

Provenance

Case opened2024
Oldest bond registered2022
The firm's live book4 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 R29375 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.

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