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

425165 · 3 Bedroom House with Staff Quarters and Pool

Broadacres Park - 199 Broadacres Drive

improved 3 bed 542 m² ? review confidence low 2 same hammer

The auction

When 4 Aug 2026 Tuesday · 1 lead day
Held by Sheriff Randburg West Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 211 375 balance R 1 440 000 by 25 Aug 2026
All-in cost R 1 711 375 to R 2 070 321 at full provisions
Discount to market 25.1% value R 2 764 564
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 1 600 000 – R 1 760 000
All-in ceiling R 2 070 321
Walk-away price R 2 410 060
Market value R 2 764 564

Firm cost at the bid floor · R 1 711 375

Bid price R 1 600 000
Sheriff's commission, incl VAT R 39 675
Transfer duty R 11 700
Conveyancing R 60 000
Firm cost per m² R 3 158
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 171 m

market value R 2 764 564 R 2 000 000 · 23 m · 2024 R 2 550 000 · 43 m · 2025 R 3 300 000 · 49 m · 2025 R 2 900 000 · 79 m · 2025 R 2 750 000 · 81 m · 2025 R 2 000 000 · 81 m · 2024 R 2 350 000 · 82 m · 2024 R 2 800 000 · 82 m · 2024 R 2 500 000 · 110 m · 2025 R 2 750 000 · 144 m · 2024 R 500 000 · 171 m · 2026 R 630 000 · 171 m · 2025 R 460 000 · 171 m · 2025 R 700 000 · 171 m · 2025 R 700 000 · 171 m · 2024 0 m 171 m

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

Houses in this suburb · average sale price by year

2019: R 2 380 000 across 59 sales 2020: R 2 462 500 across 62 sales 2021: R 2 425 000 across 81 sales 2022: R 2 850 000 across 79 sales 2023: R 2 500 000 across 55 sales 2024: R 2 800 000 across 48 sales 2025: R 2 725 000 across 62 sales R 2 380 000 R 2 725 000 2019 2025

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

Provenance

Oldest bond registered2019
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 R11700. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R240000 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