PropertyLane Census 3 Aug 2026 Sign in
387 sales in execution 197 with a reserve 40 without one 8 provinces

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3 Bedroom House with Outbuilding

425125 · Roodepoort North · Ontdekkerspark · 3 bed · 1021 m² · freehold · auction 14 Aug 2026

SheriffHQ
+Pass, reserve +Pass, walk_away ?Review, market 11 days · in window

Auction details

Auction date 14 Aug 2026
Held bySheriff Roodepoort North

Value indicators

Last sold priceR 1 500 000.00
Sale date2019/05/11
Gross yield
not computed
no rent held for Ontdekkerspark
Over market
6.5%
value R 1 373 027.03, all-in above it

Walk away above R 1 083 757.22 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 published on the listing R 1 065 150.00
Sheriff's commissionR 26 477.25
Commission VAT rate unconfirmed, as at 2025-05-01 R 3 971.59
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 60 000.00
Firm costR 1 155 598.84

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 90 000.00
Remediation R 0.00R 50 000.00
Eviction R 0.00R 45 000.00
Holding cost R 4 500.00R 13 500.00
Provisioned range R 4 500.00R 198 500.00

Cash

On auction dayR 136 963.84
Balance by 4 Sep 2026 R 958 635.00
All-in, floor to ceiling R 1 155 598.84R 1 462 451.23
All-in per m² at the ceilingR 1 432.37

Registered against the title · 2

Bond, S B Guarantee Co Rf Pty Ltd B17760/2019 R 1 300 000.00
Interdict I-229/2026AT
!1 interdict registered. An interdict restrains dealing with the property and is not extinguished by the sale in the way a bond is. This is a question for the conveyancer before bidding, not after.

Nearby sales · 14 used of 15

Market value
R 1 373 027.03
R 1 344.79 per m², median

= Consistent with its own 2019 sale of R 1 500 000.00, at -1.2% a year over 7.2 years.

All 15 nearby sales exact records
ErfPer m²PriceSize AwaySold
Erf 904 R 65 R 70 000 1071 255 2023
Erf 124 R 124 R 1 325 000 10667 65 2025
Erf 69 R 437 R 433 333 991 141 2023
Erf 320 R 783 R 1 220 090 1559 236 2025
Erf 320 R 1 082 R 1 680 000 1553 311 2026
Erf 868 R 1 187 R 2 000 000 1685 220 2025
Erf 320 R 1 228 R 1 810 000 1474 209 2025
Erf 170 R 1 310 R 1 300 000 992 56 2026
Erf 320 R 1 379 R 2 150 000 1559 236 2026
Erf 911 R 1 564 R 1 600 000 1023 172 2024
Erf 157 R 1 867 R 1 850 000 991 146 2025
Erf 130 R 1 917 R 1 900 000 991 44 2025
Erf 165 R 1 968 R 1 950 000 991 70 2024
Erf 1097 R 2 292 R 1 900 000 829 259 2024
Erf 155 R 2 379 R 2 357 500 991 186 2025

14 nearby sales, sold 2023 to 2026. The median runs across the rest, and the rates they span put this erf between R 66 732.03 and R 2 428 867.31. 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

Case number2023/3759
Evidence read 2026-07-31

Flags · 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 R159772 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.

Market value is derived from 14 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: STUPEL & BERMAN INC (011 776 3000). This is the practical route to an arrears figure before auction day.

Keep this one Favourites hold a shortlist, not a decision

Provenance

Case opened 2023
Arrears accumulate from about then, and the arrears provision's ceiling ages with the judgment.
Oldest bond registered 2019
An old bond is mostly amortised: the creditor's exposure - and its floor - is lower than the amount suggests.
Reserve is rand-exact R 1 065 150.00
A reserve that is not a round number reads as the creditor's outstanding balance printed as the reserve, where a round one reads as a valuation.
The firm's live book 6 sales in this census
The attorneys on record execute other live sales too. Panel volume, and a portfolio-clearance flag when the lots cluster in one area.