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

425176 · 2 Bedroom Apartment

Boksburg, Unit 41 Golden Oaks - Cnr Pretoria Road And Cason Road

improved 2 bed 61 m² sectional / HOA ? review confidence low

The auction

When 14 Aug 2026 Friday · 11 lead days
Held by Sheriff Boksburg Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 44 431 balance R 202 500 by 4 Sep 2026
All-in cost R 261 931 to R 533 837 at full provisions
Discount to market -2.7% value R 520 000
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 225 000 – R 247 500
All-in ceiling R 533 837
Walk-away price R 234 199
Market value R 520 000

Firm cost at the bid floor · R 261 931

Bid price R 225 000
Sheriff's commission, incl VAT R 11 931
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 4 294
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 walk away · pass ? market · review

Registered transfers nearby · 15 within 28 m

market value R 520 000 R 435 000 · 0 m · 2026 R 510 000 · 0 m · 2026 R 510 000 · 0 m · 2026 R 510 000 · 0 m · 2026 R 510 000 · 0 m · 2026 R 520 000 · 0 m · 2026 R 520 000 · 0 m · 2026 R 435 000 · 0 m · 2026 R 325 000 · 0 m · 2026 R 350 000 · 0 m · 2024 R 7 872 000 · 0 m · 2025 R 7 872 000 · 0 m · 2025 R 7 872 000 · 0 m · 2025 R 7 872 000 · 0 m · 2025 R 750 000 · 28 m · 2026 0 m 28 m

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

Apartments in this suburb · average sale price by year

2019: R 630 857 across 440 sales 2020: R 704 900 across 333 sales 2021: R 712 405 across 407 sales 2022: R 679 900 across 356 sales 2023: R 649 900 across 114 sales 2024: R 749 900 across 139 sales 2025: R 734 800 across 178 sales R 630 857 R 734 800 2019 2025

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

Provenance

Oldest bond registered2009
Reserve is rand-exactR 225 000.00
The firm's live book6 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 R0. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R33750 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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