1 Bedroom Apartment in Scheme
425113 · Halfway House · Zevenfontein 407-Jr · 1 bed · 47 m² · sectional · auction 4 Aug 2026
Auction details
| Auction date | 4 Aug 2026 |
| Held by | Sheriff Randburg West |
Value indicators
| Last sold price | R 615 000.00 |
| Sale date | 2021/09/09 |
Walk away above R 367 769.18 Bid more than this and the all-in cost, provisions at full, passes what the property is worth. It is a ceiling on the bid, not a forecast of it, and it moves with the provisions.
Firm, figures that exist
| Bid price, opening, anchored to market value | R 197 684.07 |
| Sheriff's commission | R 9 418.94 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 1 412.84 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 233 515.85 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 80 000.00 |
| Remediation | R 0.00 – R 50 000.00 |
| Levy arrears | R 0.00 – R 60 000.00 |
| Eviction | R 0.00 – R 45 000.00 |
| Holding cost | R 4 500.00 – R 13 500.00 |
| Provisioned range | R 4 500.00 – R 248 500.00 |
Cash
| On auction day | R 30 600.19 |
| Balance by 18 Aug 2026 | R 177 915.66 |
| All-in, floor to ceiling | R 233 515.85 – R 658 946.89 |
| All-in per m² at the ceiling | R 14 020.15 |
Registered against the title · 3
| Bond, Pty Ltd SB56170/2021 | R 615 000.00 |
| Interdict I-198/2025AT | — |
| Interdict I-3224/2025AT | — |
Nearby sales · 12 used of 15
= Consistent with its own 2021 sale of R 615 000.00, at 1.4% a year over 4.9 years.
All 15 nearby sales exact records
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Unit 109 The Paddocks | R 11 538 | R 750 000 | 65 | 0 | 2026 |
| Unit 207 The Paddocks | R 11 702 | R 550 000 | 47 | 0 | 2026 |
| Unit 36 The Paddocks | R 11 930 | R 680 000 | 57 | 0 | 2025 |
| Unit 123 The Paddocks | R 11 957 | R 550 000 | 46 | 0 | 2026 |
| Unit 34 The Paddocks | R 12 222 | R 550 000 | 45 | 0 | 2026 |
| Unit 381 The Paddocks | R 12 281 | R 700 000 | 57 | 0 | 2025 |
| Unit 380 The Paddocks | R 12 281 | R 700 000 | 57 | 0 | 2025 |
| Unit 248 The Paddocks | R 13 085 | R 615 000 | 47 | 0 | 2025 |
| Unit 188 The Paddocks | R 13 810 | R 870 000 | 63 | 0 | 2025 |
| Unit 325 The Paddocks | R 14 231 | R 925 000 | 65 | 0 | 2025 |
| Unit 19 The Paddocks | R 15 326 | R 705 000 | 46 | 0 | 2025 |
| Unit 117 The Paddocks | R 15 354 | R 998 000 | 65 | 0 | 2025 |
| Unit 10 The Paddocks | R 15 625 | R 500 000 | 32 | 0 | 2026 |
| Unit 347 The Paddocks | R 17 812 | R 570 000 | 32 | 0 | 2023 |
| Unit 70 The Paddocks | R 17 969 | R 575 000 | 32 | 0 | 2026 |
12 nearby sales, sold 2023 to 2026. The median runs across the rest, and the rates they span put this erf between R 542 307.69 and R 844 531.25. Sizes are in m² and distances in metres. Evidence about the area, not a valuation of this property, which nobody has inspected.
Recited by the notice · 7
| Evidence read | 2026-07-31 |
Flags · 3
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.
Market value is derived from 12 nearby sales, sold 2023 to 2026, at the median of rate per square metre. It is evidence about the area, not a valuation of this property, which nobody has inspected.
Attorneys for the execution creditor: Sutherland Kruger Inc (0861 000 795). This is the practical route to an arrears figure before auction day.