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

425175 · 2 Bedroom Apartment

Turffontein, Unit 2 105 De Villiers Street - 105 De Villiers Street

improved 2 bed 129 m² sectional / HOA ? review confidence low

The auction

When 4 Aug 2026 Tuesday · 1 lead day
Held by Sheriff Johannesburg East Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 6 802 156 balance R 28 350 000 by 25 Aug 2026
All-in cost R 35 212 156 to R 39 020 156 at full provisions
Discount to market no market value held
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 31 500 000 – R 34 650 000
All-in ceiling R 39 020 156

Firm cost at the bid floor · R 35 212 156

Bid price R 31 500 000
Sheriff's commission, incl VAT R 46 000
Transfer duty R 3 606 156
Conveyancing R 60 000
Firm cost per m² R 272 962
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 248 500

Municipal arrears R 80 000
Remediation R 50 000
Levy arrears R 60 000
Eviction R 45 000
Holding cost R 13 500

Evaluation states

reserve · pass size · pass ? market · review

Registered transfers nearby · 15 within 208 m

R 650 000 · 94 m · 2024 R 1 020 000 · 107 m · 2025 R 1 430 000 · 119 m · 2025 R 800 000 · 119 m · 2025 R 900 000 · 129 m · 2025 R 830 000 · 156 m · 2025 R 830 000 · 157 m · 2025 R 416 000 · 166 m · 2024 R 1 100 000 · 166 m · 2026 R 460 000 · 167 m · 2025 R 1 050 000 · 175 m · 2025 R 900 000 · 198 m · 2025 R 1 000 000 · 203 m · 2026 R 1 600 000 · 208 m · 2025 R 1 100 000 · 208 m · 2025 0 m 208 m

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

Apartments in this suburb · average sale price by year

2019: R 339 000 across 29 sales 2020: R 540 000 across 25 sales 2021: R 660 000 across 24 sales 2022: R 595 000 across 22 sales 2023: R 430 000 across 17 sales 2024: R 587 500 across 19 sales 2025: R 300 000 across 27 sales R 339 000 R 300 000 2019 2025

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

Provenance

Case opened2024
Oldest bond registered2013
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 R3606156. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R4725000 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.

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