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

425136 · 3 Bedroom Family Home with Double Garage

Franklin Roosevelt Park - 147 Mendelson Road

improved 3 bed 996 m² ? review confidence low bond 2006

The auction

When 12 Aug 2026 Wednesday · 9 lead days
Held by Sheriff Randburg South West Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 129 325 balance R 900 000 by 2 Sep 2026
All-in cost R 1 069 325 to R 1 379 550 at full provisions
Discount to market 22.6% value R 1 781 423
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 1 000 000 – R 1 100 000
All-in ceiling R 1 379 550
Walk-away price R 1 486 892
Market value R 1 781 423

Firm cost at the bid floor · R 1 069 325

Bid price R 1 000 000
Sheriff's commission, incl VAT R 29 325
Transfer duty R 0
Conveyancing R 40 000
Firm cost per m² R 1 074
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 188 500

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

Evaluation states

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

Registered transfers nearby · 15 within 275 m

market value R 1 781 423 R 1 850 000 · 61 m · 2024 R 1 850 000 · 104 m · 2025 R 1 950 000 · 109 m · 2025 R 1 600 000 · 127 m · 2025 R 2 600 000 · 141 m · 2025 R 1 785 000 · 146 m · 2024 R 2 800 000 · 156 m · 2025 R 1 250 000 · 156 m · 2025 R 1 600 000 · 165 m · 2025 R 1 950 000 · 201 m · 2024 R 2 500 000 · 206 m · 2024 R 1 250 000 · 228 m · 2025 R 625 000 · 228 m · 2025 R 5 002 500 · 233 m · 2024 R 1 950 000 · 275 m · 2026 0 m 275 m

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

Houses in this suburb · average sale price by year

2019: R 1 800 000 across 38 sales 2020: R 1 800 000 across 39 sales 2021: R 1 900 000 across 41 sales 2022: R 2 125 000 across 33 sales 2023: R 1 950 000 across 31 sales 2024: R 1 800 000 across 36 sales 2025: R 1 950 000 across 37 sales R 1 800 000 R 1 950 000 2019 2025

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

Around the property · City of Johannesburg, Gauteng

4 803 262people in the municipality
1 841 917households
89.82%formal dwellings
Education (16) 128 m · 0.7 min
Grocery (39) 362 m · 2.1 min
Healthcare (19) 320 m · 1.0 min

Nearest of each kind within 3000 m; drive times where routed. Screening context, never a verdict input.

Provenance

Case opened2024
Oldest bond registered2006
The firm's live book2 sales in this census

Warnings · 3

  • 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 R150000 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. Assumptions version 3. Modelled from the census of 3 Aug 2026; nothing here is a valuation of a property nobody has inspected.

Full detail page Sign in to email this report