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

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4 Bedroom Family Home with Garages

425145 · Sandton South · Gallo Manor · 4 bed · 1280 m² · freehold · auction 11 Aug 2026

SheriffHQ
+Pass, reserve +Pass, walk_away ?Review, market 8 days

Auction details

Auction date 11 Aug 2026
Held bySheriff SANDTON SOUTH at 4 RIVER ROAD

Value indicators

Last sold priceR 2 700 000.00
Sale date2022/07/21
Gross yield
not computed
no rent held for Gallo Manor
Under market
44.7%
value R 2 256 190.12

Walk away above R 1 932 540.37 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 900 000.00
Sheriff's commissionR 24 000.00
Commission VAT rate unconfirmed, as at 2025-05-01 R 3 600.00
Transfer dutyR 0.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 40 000.00
Firm costR 967 600.00

Provisioned, bounded and never quoted

Municipal arrears R 0.00R 80 000.00
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 188 500.00

Cash

On auction dayR 117 600.00
Balance by 1 Sep 2026 R 810 000.00
All-in, floor to ceiling R 967 600.00R 1 247 652.50
All-in per m² at the ceilingR 974.73

Registered against the title · 1

Bond, Pty Ltd B51970/2022 R 2 700 000.00

Nearby sales · 8 used of 15

Market value
R 2 256 190.12
R 1 762.65 per m², median

= Consistent with its own 2022 sale of R 2 700 000.00, at -4.3% a year over 4.0 years.

Start bottom-left Nearby sales below the model rate are the conservative benchmark.
Crosshairs: R 1 763/m² model median · 181m median distance

Selected sale Erf 515 · R 2 109/m² · R 2 700 000 · 1280m² · 56m away · sold 2025 · used by model

Used by model Context only

All 15 nearby sales exact records
ErfPer m²PriceSize AwaySold
Erf 476 R 1 512 R 1 950 000 1290 119 2024
Erf 8 R 1 614 R 1 800 000 1115 201 2025
Erf 358 R 1 689 R 3 350 000 1983 215 2025
Erf 315 R 1 689 R 3 350 000 1983 290 2025
Erf 523 R 1 836 R 2 350 000 1280 93 2025
Erf 458 R 2 054 R 2 650 000 1290 172 2025
Erf 515 R 2 109 R 2 700 000 1280 56 2025
Erf 501 R 2 508 R 3 295 000 1314 129 2025
Unit 6 Oakhill 13 Steenbras Street R 8 403 R 1 000 000 119 135 2024
Unit 8 Gallo Lodge 15 Steenbras Street R 8 594 R 1 650 000 192 181 2025
Unit 2 Gallo Lodge 15 Steenbras Street R 8 634 R 1 675 000 194 181 2025
Erf 495 R 9 284 R 1 699 000 183 266 2025
Unit 7 Gallo Lodge 15 Steenbras Street R 9 385 R 1 830 000 195 181 2024
Erf 495 R 11 244 R 2 350 000 209 202 2026
Unit 19 Oakhill 13 Steenbras Street R 12 143 R 1 700 000 140 135 2023

8 nearby sales, sold 2024 to 2025. The median runs across the rest, and the rates they span put this erf between R 1 934 883.72 and R 3 209 741.25. 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 · 8

Case number114609/2024
Evidence read 2026-07-31

Open-data screening · 5 of 7 sections reached

Context from public map and government GIS sources. It does not change the price verdict and is not a deed, valuation or geotechnical report.

Municipality City of Johannesburg Gauteng
Census 2022 context municipality level, not this property 4,803,262 people 1,841,916 households 89.8% formal dwellings 77.1% piped water 94.1% electricity
Education within 3.0 km 9 mapped nearest: Unnamed education, 428 m straight-line 1.9 min / 0.7 km driving
Healthcare within 3.0 km 9 mapped nearest: Wendywood Clinic, 851 m straight-line 2.8 min / 1.1 km driving
Grocery within 3.0 km 38 mapped nearest: Quickshop, 932 m straight-line 6.6 min / 4.4 km driving
Transport within 3.0 km 0 mapped

Map data © OpenStreetMap contributors.

Coverage and sources
Coordinates held SheriffHQ detail map · 2026-07-31
Administrative parsed DPME Census 2022 · 2026-08-02
Cadastral not run
Amenities parsed OpenStreetMap Overpass · 2026-08-02
Routes parsed OSRM · 2026-08-02
Demographics parsed DPME Census 2022 · 2026-08-02
Hazards not run

Flags · 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 R135000 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 8 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: STRAUSS DALY INC. ((010) 201-8600). 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 2024
Arrears accumulate from about then, and the arrears provision's ceiling ages with the judgment.
Oldest bond registered 2022
An old bond is mostly amortised: the creditor's exposure - and its floor - is lower than the amount suggests.
The firm's live book 13 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.