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

425102 · 3 Bedroom Apartment with Lounge and Kitchen

Terenure, Unit 14 Bunku Heights - 5 Brombeer Street

improved 3 bed 122 m² sectional / HOA ? review confidence low

The auction

When 6 Aug 2026 Thursday · 3 lead days
Held by Sheriff Kempton Park Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 82 425 balance R 540 000 by 27 Aug 2026
All-in cost R 662 425 to R 971 960 at full provisions
Discount to market -4.2% value R 933 243
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 600 000 – R 660 000
All-in ceiling R 971 960
Walk-away price R 621 940
Market value R 933 243

Firm cost at the bid floor · R 662 425

Bid price R 600 000
Sheriff's commission, incl VAT R 22 425
Transfer duty R 0
Conveyancing R 40 000
Firm cost per m² R 5 430
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 · pass ? market · review

Registered transfers nearby · 15 within 286 m

market value R 933 243 R 618 990 · 0 m · 2025 R 970 000 · 0 m · 2025 R 1 100 000 · 0 m · 2024 R 920 000 · 0 m · 2024 R 930 000 · 0 m · 2024 R 920 000 · 0 m · 2023 R 462 000 · 0 m · 2024 R 1 170 000 · 121 m · 2026 R 734 706 · 121 m · 2024 R 975 000 · 143 m · 2025 R 960 000 · 143 m · 2024 R 789 000 · 155 m · 2024 R 1 150 000 · 198 m · 2025 R 470 000 · 198 m · 2024 R 1 400 000 · 286 m · 2025 0 m 286 m

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

Apartments in this suburb · average sale price by year

2019: R 670 000 across 99 sales 2020: R 632 500 across 92 sales 2021: R 657 000 across 105 sales 2022: R 650 000 across 97 sales 2023: R 650 000 across 83 sales 2024: R 715 000 across 78 sales 2025: R 650 000 across 84 sales R 670 000 R 650 000 2019 2025

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

Provenance

Oldest bond registered2019
The firm's live book6 sales in this census

Warnings · 3

  • 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 R90000 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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