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

425111 · 2 Bedroom Apartment

Kempton Park Cbd, Unit 134 Lindrene Centre - 36 West Street

improved 2 bed 54 m² sectional / HOA excluded confidence low judgment 2021

The auction

When 6 Aug 2026 Thursday · 3 lead days
Held by Sheriff Kempton Park Gauteng
Where EKURHULENINORTH: 5 ANEMOON STREET, KEMPTON PARK on 6 August 2026 at 10:00 as the notice recites it
Cash on auction day R 20 143 balance R 110 808 by 27 Aug 2026
All-in cost R 155 951 to R 474 451 at full provisions
Discount to market -15.6% value R 410 400
Gross yield market reference 10.9%

The money ladder · bid basis: anchored

Bid band (anchored) R 123 120 – R 123 120
All-in ceiling R 474 451
Walk-away price R 62 582
Market value R 410 400

Firm cost at the bid floor · R 155 951

Bid price R 123 120
Sheriff's commission, incl VAT R 7 831
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 2 888
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 318 500

Municipal arrears aged R 150 000
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 · fail ? market · review

Registered transfers nearby · 15 within 66 m

market value R 410 400 R 220 000 · 0 m · 2026 R 210 000 · 0 m · 2026 R 260 000 · 0 m · 2025 R 250 000 · 0 m · 2026 R 250 000 · 0 m · 2025 R 230 000 · 0 m · 2025 R 232 100 · 0 m · 2025 R 225 000 · 0 m · 2025 R 210 000 · 0 m · 2024 R 250 000 · 0 m · 2025 R 265 000 · 0 m · 2025 R 228 000 · 0 m · 2024 R 228 000 · 0 m · 2024 R 230 000 · 0 m · 2025 R 1 700 000 · 66 m · 2024 0 m 66 m

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

Apartments in this suburb · average sale price by year

2019: R 385 000 across 175 sales 2020: R 392 500 across 134 sales 2021: R 400 000 across 180 sales 2022: R 400 000 across 222 sales 2023: R 390 000 across 141 sales 2024: R 380 000 across 140 sales 2025: R 360 000 across 181 sales R 385 000 R 360 000 2019 2025

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

Provenance

Case opened2021
Oldest bond registered2007

Warnings · 5

  • conveyancing_bands
  • commission scale not recited in the notice - configured fallback used
  • the municipal arrears ceiling is aged to the 2021-opened case: R150000 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 R18468 in its place.
  • the lowest bid this sale permits, R123120, is already above the R62582 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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