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

425096 · 2 Bedroom Sectional Title Apartment

Wilgeheuwel, Unit 42 Questa Rey - 58 Strauss Street

improved 2 bed 51 m² sectional / HOA excluded confidence low

The auction

When 14 Aug 2026 Friday · 11 lead days
Held by Sheriff Roodepoort North Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 53 365 balance R 324 000 by 4 Sep 2026
All-in cost R 402 365 to R 688 314 at full provisions
Discount to market -37.9% value R 499 000
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 360 000 – R 396 000
All-in ceiling R 688 314
Walk-away price R 214 011
Market value R 499 000

Firm cost at the bid floor · R 402 365

Bid price R 360 000
Sheriff's commission, incl VAT R 17 365
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 7 890
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 · pass size · pass walk away · fail ? market · review

Registered transfers nearby · 15 within 160 m

market value R 499 000 R 400 000 · 0 m · 2024 R 450 000 · 0 m · 2025 R 500 000 · 0 m · 2025 R 550 000 · 0 m · 2025 R 530 000 · 0 m · 2024 R 1 650 000 · 84 m · 2026 R 1 550 000 · 138 m · 2025 R 1 500 000 · 140 m · 2025 R 499 000 · 142 m · 2026 R 470 000 · 142 m · 2026 R 470 000 · 142 m · 2026 R 470 000 · 142 m · 2026 R 460 000 · 142 m · 2025 R 1 150 000 · 148 m · 2025 R 1 000 000 · 160 m · 2026 0 m 160 m

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

Apartments in this suburb · average sale price by year

2019: R 895 000 across 451 sales 2020: R 910 000 across 426 sales 2021: R 980 000 across 517 sales 2022: R 990 000 across 409 sales 2023: R 975 000 across 325 sales 2024: R 970 000 across 294 sales 2025: R 1 000 000 across 365 sales R 895 000 R 1 000 000 2019 2025

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

Provenance

Case opened2024
Oldest bond registered2016
The firm's live book17 sales in this census

Warnings · 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 R54000 in its place.
  • the lowest bid this sale permits, R360000, is already above the R214011 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. 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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