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

425113 · 1 Bedroom Apartment in Scheme

Zevenfontein 407-Jr, Unit 204 The Paddocks - 34 Broadacres Street

improved 1 bed 47 m² sectional / HOA ? review confidence low 14d balance

The auction

When 4 Aug 2026 Tuesday · 1 lead day
Held by Sheriff Halfway House Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 30 600 balance R 177 916 by 18 Aug 2026
All-in cost R 233 516 to R 658 947 at full provisions
Discount to market 0.0% value R 658 947
Gross yield market reference 10.9%

The money ladder · bid basis: anchored

Bid band (anchored) R 197 684 – R 367 769
All-in ceiling R 658 947
Walk-away price R 367 769
Market value R 658 947

Firm cost at the bid floor · R 233 516

Bid price R 197 684
Sheriff's commission, incl VAT R 10 832
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 4 968
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 · no reserve size · pass walk away · pass ? market · review

Apartments in this suburb · average sale price by year

2019: R 760 000 across 134 sales 2020: R 830 000 across 105 sales 2021: R 870 000 across 88 sales 2022: R 810 000 across 92 sales 2023: R 790 000 across 84 sales 2024: R 842 500 across 88 sales 2025: R 850 000 across 101 sales R 760 000 R 850 000 2019 2025

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

Provenance

Oldest bond registered2021

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 R29653 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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