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

425116 · 2 Bedroom Apartment

Glenvista, Unit 8 Keystone - Cnr Laubscher & Donnington Str

improved 2 bed 65 m² sectional / HOA ? review confidence low

The auction

When 4 Aug 2026 Tuesday · 1 lead day
Held by Sheriff Johannesburg East Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 62 678 balance R 191 250 by 25 Aug 2026
All-in cost R 248 928 to R 708 333 at full provisions
Discount to market 0.0% value R 708 333
Gross yield market reference 10.9%

The money ladder · bid basis: anchored

Bid band (anchored) R 212 500 – R 405 759
All-in ceiling R 708 333
Walk-away price R 405 759
Market value R 708 333

Firm cost at the bid floor · R 248 928

Bid price R 212 500
Sheriff's commission, incl VAT R 11 428
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 3 830
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 · no reserve size · pass walk away · pass ? market · review

Registered transfers nearby · 15 within 132 m

market value R 708 333 R 605 000 · 0 m · 2026 R 850 000 · 0 m · 2025 R 800 000 · 0 m · 2024 R 840 000 · 0 m · 2025 R 1 450 000 · 77 m · 2025 R 1 520 000 · 78 m · 2025 R 875 000 · 92 m · 2026 R 650 000 · 92 m · 2025 R 840 000 · 92 m · 2025 R 750 000 · 92 m · 2025 R 700 000 · 132 m · 2026 R 665 000 · 132 m · 2025 R 567 000 · 132 m · 2024 R 670 000 · 132 m · 2024 R 570 000 · 132 m · 2025 0 m 132 m

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

Apartments in this suburb · average sale price by year

2019: R 1 100 000 across 83 sales 2020: R 1 149 500 across 84 sales 2021: R 1 100 000 across 104 sales 2022: R 1 100 000 across 92 sales 2023: R 1 219 000 across 71 sales 2024: R 1 225 000 across 62 sales 2025: R 1 275 000 across 66 sales R 1 100 000 R 1 275 000 2019 2025

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

Provenance

Case opened2023
Oldest bond registered2014
The firm's live book2 sales in this census

Warnings · 4

  • 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 R31875 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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