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

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5 Bedroom Home with 2 Bathrooms and 2 Lounges

423749 · Strand · Strand · 5 bed · 275 m² · freehold · auction 6 Aug 2026

SheriffHQ
+Pass, reserve ?Review, walk_away ?Review, market 3 days

Auction details

Auction date 6 Aug 2026
Held bySheriff Strand

Value indicators

Last sold priceR 880 000.00
Sale date2022/04/25
Gross yield
not computed
no rent held for Strand
Over market
176.7%
value R 328 423.57, all-in above it

Firm, figures that exist

Bid price, reserve published on the listing R 597 000.00
Sheriff's commissionR 19 455.00
Commission VAT rate unconfirmed, as at 2025-05-01 R 2 918.25
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 40 000.00
Firm costR 659 373.25

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 97 073.25
Balance by 20 Aug 2026 R 537 300.00
All-in, floor to ceiling R 659 373.25R 908 603.08
All-in per m² at the ceilingR 3 304.01

Registered against the title · 2

Bond, South African Home Loans Guarantee Trust B20916/2022 R 900 000.00
Interdict I-785/2025AT
!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 · 15 used of 15

Market value
R 328 423.57
R 1 194.27 per m², median

! This value implies -20.6% a year against its own 2022 sale of R 880 000.00, outside what the rest of the census shows. Treat it as unverified until someone has looked.

All 15 nearby sales exact records
ErfPer m²PriceSize AwaySold
Erf 13301 R 21 R 6 850 324 79 1986
Erf 13267 R 32 R 7 100 222 128 1987
Erf 12779 R 72 R 22 337 310 227 1987
Erf 13103 R 95 R 26 288 276 139 2001
Erf 13171 R 131 R 42 700 325 67 2014
Erf 13164 R 217 R 53 173 245 178 2023
Erf 13168 R 258 R 70 919 275 41 2024
Erf 13280 R 1 194 R 375 000 314 67 2023
Erf 13162 R 1 799 R 680 000 378 154 2025
Erf 13360 R 2 658 R 800 000 301 100 2024
Erf 13148 R 2 680 R 820 000 306 56 2025
Erf 13312 R 2 839 R 880 000 310 143 2024
Erf 13288 R 3 431 R 1 400 000 408 90 2024
Erf 13307 R 4 533 R 1 360 000 300 175 2024
Erf 13350 R 4 800 R 1 200 000 250 122 2025

15 nearby sales, sold 1986 to 2025. The median runs across the rest, and the rates they span put this erf between R 5 814.04 and R 1 320 000.00. 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 · 8

Registration to bid, refundable R 15 000.00
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 R89550 in its place.
!market value disagrees with this property's own last sale - this value implies -20.6% a year against its own 2022 sale, outside the -10% to +18% the rest of the census shows

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 15 nearby sales, sold 1986 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: Herold Gie Attorneys (021464-4727). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision

Hygiene

The property's own sale history value rejected
the derived value is disputed by what this property last sold for

Provenance

Oldest bond registered 2022
An old bond is mostly amortised: the creditor's exposure - and its floor - is lower than the amount suggests.
Reserve is rand-exact R 597 000.00
A reserve that is not a round number reads as the creditor's outstanding balance printed as the reserve, where a round one reads as a valuation.
The firm's live book 2 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.