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

423755 · 2 Bedroom Sectional Title Apartment with Sea View

Scottburgh, Unit 7 Gleneagles-Scottburgh - 1 Adams Road

improved 2 bed 120 m² sectional / HOA ? review confidence low judgment 201514d balanceonly lot

The auction

When 5 Aug 2026 Wednesday · 2 lead days
Held by Sheriff Scottburgh KwaZulu-Natal
Where NO. 17 ALLEN STREET, SCOTTBURGH. The conditions of salewill lie for inspection at SHERIFF SCOTTBURGH as the notice recites it
Cash on auction day R 42 296 balance R 252 966 by 19 Aug 2026
All-in cost R 320 262 to R 936 913 at full provisions
Discount to market 0.0% value R 936 913
Gross yield market reference 10.9%

The money ladder · bid basis: anchored

Bid band (anchored) R 281 074 – R 483 006
All-in ceiling R 936 913
Walk-away price R 483 006
Market value R 936 913

Firm cost at the bid floor · R 320 262

Bid price R 281 074
Sheriff's commission, incl VAT R 14 188
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 2 669
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 408 500

Municipal arrears aged R 240 000
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 203 m

market value R 936 913 R 1 100 000 · 0 m · 2025 R 1 015 000 · 0 m · 2024 R 1 178 000 · 0 m · 2023 R 1 050 000 · 80 m · 2026 R 950 000 · 80 m · 2025 R 1 130 000 · 80 m · 2025 R 925 000 · 80 m · 2025 R 1 800 000 · 121 m · 2026 R 495 000 · 123 m · 2025 R 1 400 000 · 129 m · 2024 R 1 250 000 · 154 m · 2024 R 720 000 · 175 m · 2024 R 720 000 · 175 m · 2024 R 1 200 000 · 203 m · 2026 R 1 300 000 · 203 m · 2025 0 m 203 m

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

Apartments in this suburb · average sale price by year

2019: R 865 000 across 79 sales 2020: R 730 000 across 59 sales 2021: R 760 000 across 110 sales 2022: R 800 000 across 99 sales 2023: R 822 500 across 74 sales 2024: R 950 000 across 59 sales 2025: R 680 000 across 83 sales R 865 000 R 680 000 2019 2025

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

Provenance

Case opened2015
Oldest bond registered2009

Warnings · 4

  • conveyancing_bands
  • commission scale not recited in the notice - configured fallback used
  • the municipal arrears ceiling is aged to the 2015-opened case: R240000 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 R42161 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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