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

425098 · 2 Bedroom Apartment

Roodepoort West, Unit 121 Sundown Village - 35 Rubridge Avenue

improved 2 bed 48 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 45 651 balance R 274 500 by 4 Sep 2026
All-in cost R 345 151 to R 635 379 at full provisions
Discount to market -45.6% value R 436 464
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 305 000 – R 335 500
All-in ceiling R 635 379
Walk-away price R 144 282
Market value R 436 464

Firm cost at the bid floor · R 345 151

Bid price R 305 000
Sheriff's commission, incl VAT R 15 151
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 7 191
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 258 500

Municipal arrears aged R 90 000
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 116 m

market value R 436 464 R 550 000 · 0 m · 2026 R 600 000 · 0 m · 2026 R 500 000 · 0 m · 2025 R 600 000 · 0 m · 2025 R 565 000 · 0 m · 2025 R 480 000 · 0 m · 2025 R 700 000 · 0 m · 2025 R 480 000 · 0 m · 2025 R 530 000 · 0 m · 2025 R 400 000 · 0 m · 2025 R 649 000 · 0 m · 2025 R 540 000 · 0 m · 2025 R 350 000 · 116 m · 2025 R 1 200 000 · 116 m · 2025 R 400 000 · 116 m · 2025 0 m 116 m

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

Apartments in this suburb · average sale price by year

2019: R 650 000 across 525 sales 2020: R 643 000 across 455 sales 2021: R 550 000 across 507 sales 2022: R 650 000 across 559 sales 2023: R 650 000 across 442 sales 2024: R 850 000 across 425 sales 2025: R 666 666 across 460 sales R 650 000 R 666 666 2019 2025

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

Provenance

Case opened2023
Oldest bond registered2018
Reserve is rand-exactR 305 000.00
The firm's live book17 sales in this census

Warnings · 5

  • conveyancing_bands
  • commission scale not recited in the notice - configured fallback used
  • the municipal arrears ceiling is aged to the 2023-opened case: R90000 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 R45750 in its place.
  • the lowest bid this sale permits, R305000, is already above the R144282 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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