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

425132 · 2 Bedroom Apartment

Eveleigh, Unit 4 Elm Street Mews - 2 Willow Road, Cnr Elm Street

improved 2 bed 78 m² sectional / HOA excluded confidence low

The auction

When 14 Aug 2026 Friday · 11 lead days
Held by Sheriff Boksburg Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 79 025 balance R 513 900 by 4 Sep 2026
All-in cost R 632 925 to R 939 510 at full provisions
Discount to market -69.9% value R 553 091
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 571 000 – R 628 100
All-in ceiling R 939 510
Walk-away price R 266 009
Market value R 553 091

Firm cost at the bid floor · R 632 925

Bid price R 571 000
Sheriff's commission, incl VAT R 21 925
Transfer duty R 0
Conveyancing R 40 000
Firm cost per m² R 8 114
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 248 500

Municipal arrears R 80 000
Remediation R 50 000
Levy arrears R 60 000
Eviction R 45 000
Holding cost R 13 500

Evaluation states

reserve · pass size · pass walk away · fail ? market · review

Registered transfers nearby · 15 within 286 m

market value R 553 091 R 630 000 · 0 m · 2024 R 660 000 · 0 m · 2024 R 750 000 · 71 m · 2025 R 600 000 · 71 m · 2024 R 780 000 · 71 m · 2024 R 500 000 · 71 m · 2024 R 960 000 · 71 m · 2024 R 1 820 000 · 148 m · 2025 R 1 300 000 · 239 m · 2025 R 1 425 000 · 244 m · 2025 R 1 540 000 · 253 m · 2025 R 1 165 000 · 257 m · 2025 R 1 760 000 · 270 m · 2025 R 1 500 000 · 285 m · 2025 R 1 800 000 · 286 m · 2025 0 m 286 m

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

Apartments in this suburb · average sale price by year

2019: R 899 000 across 28 sales 2020: R 820 000 across 8 sales 2021: R 900 000 across 21 sales 2022: R 950 000 across 25 sales 2023: R 1 050 000 across 15 sales 2024: R 975 000 across 10 sales 2025: R 887 500 across 12 sales R 899 000 R 887 500 2019 2025

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

Provenance

Oldest bond registered2017
Reserve is rand-exactR 571 000.00
The firm's live book7 sales in this census

Warnings · 4

  • conveyancing_bands
  • commission scale not recited in the notice - configured fallback used
  • 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 R85650 in its place.
  • the lowest bid this sale permits, R571000, is already above the R266009 walk-away price - no bid in the band recovers its own cost against modelled value, so this cannot alert whatever the rent turns out to be

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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