2 Bedroom Apartment
425132 · Boksburg · Eveleigh · 2 bed · 78 m² · sectional · auction 14 Aug 2026
Auction details
| Auction date | 14 Aug 2026 |
| Held by | Sheriff Boksburg |
Value indicators
| Last sold price | R 660 000.00 |
| Sale date | 2016/07/27 |
Walk away above R 266 009.04 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 571 000.00 |
| Sheriff's commission | R 19 065.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 2 859.75 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 40 000.00 |
| Firm cost | R 632 924.75 |
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 79 024.75 |
| Balance by 4 Sep 2026 | R 513 900.00 |
| All-in, floor to ceiling | R 632 924.75 – R 939 509.73 |
| All-in per m² at the ceiling | R 12 045.00 |
Registered against the title · 1
| Bond, B S A Home Loans Guarantee Co Rf Pty Ltd SB1863/2017 | R 660 000.00 |
Nearby sales · 7 used of 15
= Consistent with its own 2016 sale of R 660 000.00, at -1.8% a year over 10.0 years.
All 15 nearby sales exact records
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Unit 447 Beyers Park Ext 6 | R 1 667 | R 1 300 000 | 780 | 239 | 2025 |
| Unit 250 Eveleigh Ext 27 | R 2 437 | R 1 165 000 | 478 | 257 | 2025 |
| Unit 436 Beyers Park Ext 6 | R 2 507 | R 1 820 000 | 726 | 148 | 2025 |
| Unit 261 Eveleigh Ext 27 | R 3 417 | R 1 425 000 | 417 | 244 | 2025 |
| Unit 263 Eveleigh Ext 27 | R 3 741 | R 1 500 000 | 401 | 285 | 2025 |
| Unit 158 Eveleigh Ext 9 | R 4 272 | R 1 760 000 | 412 | 270 | 2025 |
| Unit 255 Eveleigh Ext 27 | R 4 314 | R 1 540 000 | 357 | 253 | 2025 |
| Unit 169 Eveleigh Ext 9 | R 4 369 | R 1 800 000 | 412 | 286 | 2025 |
| Unit 8 Granarc Villas | R 4 545 | R 500 000 | 110 | 71 | 2024 |
| Unit 14 Granarc Villas | R 5 455 | R 600 000 | 110 | 71 | 2024 |
| Unit 9 Granarc Villas | R 6 818 | R 750 000 | 110 | 71 | 2025 |
| Unit 7 Granarc Villas | R 7 091 | R 780 000 | 110 | 71 | 2024 |
| Unit 12 Elm Street Mews 2 Willow Road | R 8 077 | R 630 000 | 78 | 0 | 2024 |
| Unit 6 Elm Street Mews 2 Willow Road | R 8 354 | R 660 000 | 79 | 0 | 2024 |
| Unit 20 Granarc Villas | R 8 727 | R 960 000 | 110 | 71 | 2024 |
7 nearby sales, sold 2024 to 2025. The median runs across the rest, and the rates they span put this erf between R 354 545.45 and R 680 727.27. 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 7 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.