2 Bedroom Apartment in Sectional Title
425171 · Boksburg · Witfield · 2 bed · 112 m² · sectional · auction 14 Aug 2026
Auction details
| Auction date | 14 Aug 2026 |
| Held by | Sheriff Boksburg |
Value indicators
| Last sold price | R 89 800.00 |
| Sale date | 1993/06/09 |
Walk away above R 190 301.64 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 recited | R 180 000.00 |
| Sheriff's commission | R 8 800.00 |
| Commission VAT rate unconfirmed, as at 2025-05-01 | R 1 320.00 |
| Transfer duty | R 0.00 |
| Conveyancing and transfer placeholder tariff, nobody has confirmed it | R 25 000.00 |
| Firm cost | R 215 120.00 |
Provisioned, bounded and never quoted
| Municipal arrears | R 0.00 – R 240 000.00 |
| 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 408 500.00 |
Cash
| On auction day | R 28 120.00 |
| Balance by 4 Sep 2026 | R 162 000.00 |
| All-in, floor to ceiling | R 215 120.00 – R 642 344.50 |
| All-in per m² at the ceiling | R 5 735.22 |
Registered against the title · 2
| Bond, A B S A Bank Ltd SB52269/1993 | R 80 820.00 |
| Bond, A B S A Bank Ltd SB47775/2006 | R 200 000.00 |
Nearby sales · 13 used of 15
= Consistent with its own 1993 sale of R 89 800.00, at 6.1% a year over 33.1 years.
All 15 nearby sales exact records
| Erf | Per m² | Price | Size | Away | Sold |
|---|---|---|---|---|---|
| Unit 68 Witfield | R 1 393 | R 1 380 000 | 991 | 143 | 2026 |
| Unit 71 Witfield | R 3 629 | R 1 350 000 | 372 | 133 | 2026 |
| Unit 26 Protea Gardens | R 5 133 | R 580 000 | 113 | 0 | 2025 |
| Unit 59 Protea Gardens | R 5 268 | R 590 000 | 112 | 0 | 2025 |
| Unit 64 Protea Gardens | R 5 268 | R 590 000 | 112 | 0 | 2024 |
| Unit 22 Protea Gardens | R 5 398 | R 610 000 | 113 | 0 | 2025 |
| Unit 15 Protea Gardens | R 5 531 | R 625 000 | 113 | 0 | 2026 |
| Unit 96 Protea Gardens | R 5 625 | R 630 000 | 112 | 0 | 2026 |
| Unit 89 Protea Gardens | R 5 664 | R 640 000 | 113 | 0 | 2025 |
| Unit 10 Protea Gardens | R 5 885 | R 665 000 | 113 | 0 | 2025 |
| Unit 69 Protea Gardens | R 5 982 | R 670 000 | 112 | 0 | 2025 |
| Unit 79 Protea Gardens | R 6 250 | R 700 000 | 112 | 0 | 2024 |
| Unit 1 Soljan 40 Knights Street | R 6 667 | R 640 000 | 96 | 122 | 2025 |
| Unit 63 Protea Gardens | R 6 726 | R 760 000 | 113 | 0 | 2026 |
| Unit 63 Protea Gardens | R 6 726 | R 760 000 | 113 | 0 | 2024 |
13 nearby sales, sold 2024 to 2026. The median runs across the rest, and the rates they span put this erf between R 574 867.26 and R 753 274.34. 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 · 7
| Case number | 2018/1269 |
| Evidence read | 2026-07-31 |
Flags · 4
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 13 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 (011 917 9923). This is the practical route to an arrears figure before auction day.