3 Bedroom Sectional Title Apartment with Double Garage
425166 · Roodepoort North · Honeydew Manor · 3 bed · 190 m² · sectional · auction 14 Aug 2026
Auction details
| Auction date | 14 Aug 2026 |
| Held by | Sheriff Roodepoort North |
Value indicators
| Last sold price | R 1 740 000.00 |
| Sale date | 2020/07/13 |
Walk away above R 1 399 594.17 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 1 178 000.00 |
| Sheriff's commission | R 28 170.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 4 225.50 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 60 000.00 |
| Firm cost | R 1 270 395.50 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 80 000.00 |
| Remediation | R 0.00 – R 50 000.00 |
| Levy arrears | R 0.00 – R 60 000.00 |
| Eviction | R 0.00 – R 45 000.00 |
| Holding cost | R 4 500.00 – R 13 500.00 |
| Provisioned range | R 4 500.00 – R 248 500.00 |
Cash
| On auction day | R 150 195.50 |
| Balance by 4 Sep 2026 | R 1 060 200.00 |
| All-in, floor to ceiling | R 1 270 395.50 – R 1 641 301.55 |
| All-in per m² at the ceiling | R 8 638.43 |
Registered against the title · 1
| Bond, A B S A Home Loans Guarantee Co SB22465/2020 | R 1 740 000.00 |
Nearby sales · 9 used of 15
= Consistent with its own 2020 sale of R 1 740 000.00, at 0.1% a year over 6.1 years.
Selected sale Unit 9 Lynx · R 9 189/m² · R 1 700 000 · 185m² · 0m away · sold 2026 · used by model
Used by model Context only
All 15 nearby sales exact records
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Unit 190 Wilgespruit/Iq | R 3 285 | R 31 200 000 | 9497 | 116 | 2025 |
| Unit 1554 Honeydew Manor Ext 63 | R 5 412 | R 2 300 000 | 425 | 184 | 2024 |
| Unit 1538 Honeydew Manor Ext 63 | R 6 275 | R 2 830 000 | 451 | 265 | 2026 |
| Unit 1553 Honeydew Manor Ext 63 | R 6 770 | R 2 850 000 | 421 | 190 | 2025 |
| Unit 1544 Honeydew Manor Ext 63 | R 6 846 | R 2 800 000 | 409 | 222 | 2026 |
| Unit 1552 Honeydew Manor Ext 63 | R 6 888 | R 2 900 000 | 421 | 210 | 2025 |
| Unit 1530 Honeydew Manor Ext 63 | R 8 133 | R 2 700 000 | 332 | 176 | 2025 |
| Unit 1532 Honeydew Manor Ext 63 | R 8 261 | R 2 850 000 | 345 | 212 | 2024 |
| Unit 9 Lynx | R 9 189 | R 1 700 000 | 185 | 0 | 2026 |
| Unit 13 Lynx | R 9 189 | R 1 700 000 | 185 | 0 | 2024 |
| Unit 11 Lynx | R 9 211 | R 1 750 000 | 190 | 0 | 2025 |
| Unit 20 Lynx | R 9 421 | R 1 790 000 | 190 | 0 | 2025 |
| Unit 2 Lynx | R 9 730 | R 1 800 000 | 185 | 0 | 2024 |
| Unit 4 Lynx | R 10 000 | R 1 900 000 | 190 | 0 | 2026 |
| Unit 1 Lynx | R 10 270 | R 1 899 999 | 185 | 0 | 2024 |
9 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 1 545 180.72 and R 1 951 350.32. 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
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 9 nearby sales, sold 2024 to 2026, 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: Smit Sewgoolam Inc (011 760 1172). This is the practical route to an arrears figure before auction day.