PropertyLane Census 3 Aug 2026 Sign in

← Auctions to attend Property report →

3 Bedroom House with Staff Quarters and Pool

425165 · Randburg West · Broadacres Park · 3 bed · 542 m² · freehold · auction 4 Aug 2026

SheriffHQ
+Pass, reserve +Pass, walk_away ?Review, market 1 days

Auction details

Auction date 4 Aug 2026
Held bySheriff RANDBURG WEST

Value indicators

Last sold priceR 2 775 000.00
Sale date2019/02/23
Gross yield
not computed
no rent held for Broadacres Park
Under market
25.1%
value R 2 764 564.37

Walk away above R 2 410 059.60 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 1 600 000.00
Sheriff's commissionR 34 500.00
Commission VAT rate unconfirmed, as at 2025-05-01 R 5 175.00
Transfer dutyR 11 700.00
Conveyancing and transfer placeholder tariff, nobody has confirmed it R 60 000.00
Firm costR 1 711 375.00

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 211 375.00
Balance by 25 Aug 2026 R 1 440 000.00
All-in, floor to ceiling R 1 711 375.00R 2 070 321.00
All-in per m² at the ceilingR 3 819.78

Registered against the title · 1

Bond, Pty Ltd B21902/2019 R 2 775 000.00

Nearby sales · 10 used of 15

Market value
R 2 764 564.37
R 5 100.67 per m², median

= Consistent with its own 2019 sale of R 2 775 000.00, at -0.1% a year over 7.4 years.

Start bottom-left Nearby sales below the model rate are the conservative benchmark.
Crosshairs: R 5 101/m² model median · 82m median distance

Selected sale Erf 63 · R 3 795/m² · R 2 000 000 · 527m² · 23m away · sold 2024 · used by model

Used by model Context only

All 15 nearby sales exact records
ErfPer m²PriceSize AwaySold
Erf 63 R 3 795 R 2 000 000 527 23 2024
Erf 76 R 3 846 R 2 000 000 520 81 2024
Erf 60 R 4 485 R 2 350 000 524 82 2024
Erf 43 R 4 513 R 2 500 000 554 110 2025
Erf 69 R 5 090 R 2 550 000 501 43 2025
Erf 57 R 5 112 R 2 750 000 538 81 2025
Erf 82 R 5 340 R 2 750 000 515 144 2024
Erf 58 R 5 410 R 2 900 000 536 79 2025
Erf 52 R 5 437 R 2 800 000 515 82 2024
Erf 73 R 6 358 R 3 300 000 519 49 2025
Unit 30 Ferngate 10 Gateside Avenue R 8 642 R 700 000 81 171 2025
Unit 24 Ferngate 10 Gateside Avenue R 9 259 R 500 000 54 171 2026
Unit 37 Ferngate 10 Gateside Avenue R 9 388 R 460 000 49 171 2025
Unit 32 Ferngate 10 Gateside Avenue R 10 145 R 700 000 69 171 2024
Unit 35 Ferngate 10 Gateside Avenue R 10 328 R 630 000 61 171 2025

10 nearby sales, sold 2024 to 2025. The median runs across the rest, and the rates they span put this erf between R 2 056 926.00 and R 3 446 242.77. 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 · 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.

Market value is derived from 10 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: BARNARD ATTORNEYS (0105100093). This is the practical route to an arrears figure before auction day.

Transfer duty is normally paid to SARS through the conveyancer before registration, not on auction day. Section 7.2 includes it in the auction-day figure; confirm the timing with the conveyancer.

Keep this one Favourites hold a shortlist, not a decision

Hygiene

2 notices for this property same erf 65 in broadacres ext 8
425165 · 425181 — the ranking shows 425165, which carries the most evidence. Nothing is deleted.

Provenance

Oldest bond registered 2019
An old bond is mostly amortised: the creditor's exposure - and its floor - is lower than the amount suggests.
The firm's live book 2 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.