2 Bedroom Apartment
425119 · Boksburg · Eveleigh · 2 bed · 76 m² · sectional · auction 14 Aug 2026
Auction details
| Auction date | 14 Aug 2026 |
| Held by | Sheriff Boksburg |
Value indicators
| Last sold price | R 820 000.00 |
| Sale date | 2021/11/11 |
Walk away above R 492 142.44 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, reserve recited | R 500 000.00 |
| Sheriff's commission | R 18 000.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 2 700.00 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 545 700.00 |
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 70 700.00 |
| Balance by 4 Sep 2026 | R 450 000.00 |
| All-in, floor to ceiling | R 545 700.00 – R 860 062.50 |
| All-in per m² at the ceiling | R 11 316.61 |
Registered against the title · 2
| Bond, B S A Home Loans Guarantee Co Rf Pty Ltd SB5887/2022 | R 861 000.00 |
| Interdict I-273/2022C | — |
Nearby sales · 13 used of 15
= Consistent with its own 2021 sale of R 820 000.00, at -0.9% a year over 4.7 years.
All 15 nearby sales exact records
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Unit 211 Eveleigh Ext 26 | R 4 128 | R 1 350 000 | 327 | 119 | 2025 |
| Unit 145 Eveleigh Ext 9 | R 4 185 | R 1 695 000 | 405 | 171 | 2025 |
| Unit 102 Eveleigh Heights | R 8 642 | R 700 000 | 81 | 0 | 2024 |
| Unit 156 Eveleigh Heights | R 8 673 | R 850 000 | 98 | 0 | 2025 |
| Unit 12 Eveleigh Heights | R 8 763 | R 850 000 | 97 | 0 | 2025 |
| Unit 88 Eveleigh Heights | R 9 381 | R 910 000 | 97 | 0 | 2025 |
| Unit 18 Eveleigh Heights | R 9 942 | R 855 000 | 86 | 0 | 2025 |
| Unit 47 Eveleigh Heights | R 10 174 | R 875 000 | 86 | 0 | 2025 |
| Unit 130 Eveleigh Heights | R 10 345 | R 900 000 | 87 | 0 | 2025 |
| Unit 72 Eveleigh Heights | R 11 163 | R 960 000 | 86 | 0 | 2025 |
| Unit 7 Eveleigh Heights | R 11 200 | R 840 000 | 75 | 0 | 2025 |
| Unit 8 Eveleigh Heights | R 11 200 | R 840 000 | 75 | 0 | 2024 |
| Unit 11 Eveleigh Heights | R 12 209 | R 1 050 000 | 86 | 0 | 2025 |
| Unit 217 Eveleigh Heights | R 12 245 | R 1 200 000 | 98 | 0 | 2025 |
| Unit 227 Eveleigh Heights | R 13 372 | R 1 150 000 | 86 | 0 | 2025 |
13 nearby sales, sold 2024 to 2025. The median runs across the rest, and the rates they span put this erf between R 656 790.12 and R 1 016 279.07. 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 · 6
| 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 13 nearby sales, sold 2024 to 2025, 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: Smit Sewgoolam Inc (011 917 9923). This is the practical route to an arrears figure before auction day.