3 Bedroom Apartment in Beverly Heights
423718 · Durban West · Umbilo · 3 bed · 80 m² · sectional · auction 3 Aug 2026
Auction details
| Auction date | 3 Aug 2026 |
| Held by | Sheriff Durban West |
Value indicators
| Last sold price | R 560 000.00 |
| Sale date | 2014/11/10 |
Walk away above R 288 747.12 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 250 000.00 |
| Sheriff's commission | R 11 250.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 1 687.50 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 287 937.50 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 80 000.00 |
| 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 248 500.00 |
Cash
| On auction day | R 37 937.50 |
| Balance by 24 Aug 2026 | R 225 000.00 |
| All-in, floor to ceiling | R 287 937.50 – R 562 443.75 |
| All-in per m² at the ceiling | R 7 030.55 |
Registered against the title · 2
| Bond, Nedbank Limited SB4857/2015 | R 560 000.00 |
| Interdict I-899/2023AT | — |
Nearby sales · 9 used of 15
= Consistent with its own 2014 sale of R 560 000.00, at 0.2% a year over 11.7 years.
Selected sale Unit 18 Longwood 73 Prospect Road · R 9 167/m² · R 660 000 · 72m² · 52m away · sold 2026 · used by model
Used by model Context only Excluded outlier
All 15 nearby sales exact records
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Unit 9510 Durban | R 960 | R 630 000 | 656 | 158 | 2025 |
| Unit 9505 Durban | R 1 445 | R 945 000 | 654 | 83 | 2025 |
| Unit 9506 Durban | R 1 453 | R 1 100 000 | 757 | 176 | 2026 |
| Unit 9511 Durban | R 2 238 | R 1 300 000 | 581 | 182 | 2025 |
| Unit 1 Felicity Court | R 3 691 | R 550 000 | 149 | 126 | 2024 |
| Unit 1 Fourways 91 Prospect Road | R 3 827 | R 310 000 | 81 | 81 | 2025 |
| Unit 8 Palm Court 8 Siedle Road | R 5 505 | R 600 000 | 109 | 98 | 2024 |
| Unit 10 Palm Court 8 Siedle Road | R 6 754 | R 385 000 | 57 | 98 | 2025 |
| Unit 5 Palm Court 8 Siedle Road | R 7 209 | R 620 000 | 86 | 98 | 2025 |
| Unit 7 Allwynds 12 Birkenhead Road | R 7 647 | R 780 000 | 102 | 104 | 2024 |
| Unit 1 26 Pinewood Gardens 26 Pinewood | R 8 333 | R 900 000 | 108 | 167 | 2025 |
| Unit 2 Andorra Park 10 Latham | R 8 482 | R 950 000 | 112 | 151 | 2026 |
| Unit 18 Longwood 73 Prospect Road | R 9 167 | R 660 000 | 72 | 52 | 2026 |
| Unit 5 Andorra Park 10 Latham out | R 14 706 | R 1 250 000 | 85 | 151 | 2026 |
| Unit 6 Fourways 91 Prospect Road | R 14 762 | R 310 000 | 21 | 81 | 2025 |
9 nearby sales, sold 2024 to 2026; 1 excluded as outliers. The 1 marked out sit beyond three median absolute deviations of the rate: improved property filed against a vacant erf, or a transfer not at arm's length. They are struck through rather than dropped, so the exclusion can be argued with. The median runs across the rest, and the rates they span put this erf between R 295 302.01 and R 733 333.33. 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
| Evidence read | 2026-07-31 |
Flags · 3
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 9 nearby sales, sold 2024 to 2026; 1 excluded as outliers, 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: Strauss Daly Attorneys (0315705603). This is the practical route to an arrears figure before auction day.