2 Bedroom Apartment
425116 · Johannesburg East · Glenvista · 2 bed · 65 m² · sectional · auction 4 Aug 2026
Auction details
| Auction date | 4 Aug 2026 |
| Held by | Sheriff Johannesburg East |
Value indicators
| Last sold price | R 560 000.00 |
| Sale date | 2014/03/05 |
Walk away above R 405 758.99 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 212 500.00 |
| Sheriff's commission | R 9 937.50 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 1 490.63 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 248 928.13 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 90 000.00 |
| 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 258 500.00 |
Cash
| On auction day | R 62 678.13 |
| Balance by 25 Aug 2026 | R 191 250.00 |
| All-in, floor to ceiling | R 248 928.13 – R 708 333.33 |
| All-in per m² at the ceiling | R 10 897.44 |
Registered against the title · 3
| Bond, Standard Bank Of South Africa Ltd SB19741/2014 | R 504 000.00 |
| Interdict I-738/2026AT | — |
| Interdict I-3307/2026AT | — |
Nearby sales · 15 used of 15
= Consistent with its own 2014 sale of R 560 000.00, at 1.9% a year over 12.4 years.
All 15 nearby sales exact records
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Unit 39 Ashford 64 Budack Avenue | R 8 125 | R 650 000 | 80 | 92 | 2025 |
| Unit 8 Berrywood 23 Vickery Avenue | R 8 859 | R 567 000 | 64 | 132 | 2024 |
| Unit 65 Ashford 64 Budack Avenue | R 9 740 | R 750 000 | 77 | 92 | 2025 |
| Unit 34 Berrywood 23 Vickery Avenue | R 10 179 | R 570 000 | 56 | 132 | 2025 |
| Unit 8 Berrywood 23 Vickery Avenue | R 10 469 | R 670 000 | 64 | 132 | 2024 |
| Unit 22 Ashford 64 Budack Avenue | R 10 500 | R 840 000 | 80 | 92 | 2025 |
| Unit 30 Berrywood 23 Vickery Avenue | R 10 726 | R 665 000 | 62 | 132 | 2025 |
| Unit 27 Keystone 63 Donington Drive | R 10 897 | R 850 000 | 78 | 0 | 2025 |
| Unit 2 Moonrise 57 Donington Drive | R 11 240 | R 1 450 000 | 129 | 77 | 2025 |
| Unit 28 Berrywood 23 Vickery Avenue | R 11 290 | R 700 000 | 62 | 132 | 2026 |
| Unit 17 Keystone 63 Donington Drive | R 11 415 | R 605 000 | 53 | 0 | 2026 |
| Unit 50 Ashford 64 Budack Avenue | R 11 824 | R 875 000 | 74 | 92 | 2026 |
| Unit 7 Keystone 63 Donington Drive | R 12 308 | R 800 000 | 65 | 0 | 2024 |
| Unit 1 Sunrise 7 Laubscher Street | R 12 562 | R 1 520 000 | 121 | 78 | 2025 |
| Unit 30 Keystone 63 Donington Drive | R 12 923 | R 840 000 | 65 | 0 | 2025 |
15 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 528 125.00 and R 840 000.00. 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 · 8
| Registration to bid, refundable | R 30 000.00 |
| Case number | 4960/2023 |
| Evidence read | 2026-07-31 |
Flags · 4
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 15 nearby sales, sold 2024 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: KARNAVOS ATTORNEYS (0828134715). This is the practical route to an arrears figure before auction day.