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

425180 · 3 Bedroom Apartment with Parking

Kempton Park Cbd, Unit 24 Eged House - Long Street

improved 3 bed 93 m² sectional / HOA excluded confidence low

The auction

When 6 Aug 2026 Thursday · 3 lead days
Held by Sheriff Kempton Park Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 42 145 balance R 252 000 by 27 Aug 2026
All-in cost R 319 145 to R 596 772 at full provisions
Discount to market -43.1% value R 417 132
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 280 000 – R 308 000
All-in ceiling R 596 772
Walk-away price R 135 311
Market value R 417 132

Firm cost at the bid floor · R 319 145

Bid price R 280 000
Sheriff's commission, incl VAT R 14 145
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 3 432
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 · fail ? market · review

Registered transfers nearby · 15 within 145 m

market value R 417 132 R 385 000 · 0 m · 2026 R 400 000 · 0 m · 2026 R 350 000 · 0 m · 2025 R 350 000 · 0 m · 2025 R 265 000 · 0 m · 2025 R 350 000 · 34 m · 2025 R 975 000 · 54 m · 2025 R 375 000 · 54 m · 2024 R 420 000 · 75 m · 2026 R 196 000 · 106 m · 2024 R 430 000 · 106 m · 2025 R 380 000 · 106 m · 2025 R 390 000 · 119 m · 2025 R 385 000 · 145 m · 2026 R 310 000 · 145 m · 2025 0 m 145 m

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

Apartments in this suburb · average sale price by year

2019: R 385 000 across 175 sales 2020: R 392 500 across 134 sales 2021: R 400 000 across 180 sales 2022: R 400 000 across 222 sales 2023: R 390 000 across 141 sales 2024: R 380 000 across 140 sales 2025: R 360 000 across 181 sales R 385 000 R 360 000 2019 2025

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

Provenance

Oldest bond registered2008
The firm's live book6 sales in this census

Warnings · 4

  • 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 R42000 in its place.
  • the lowest bid this sale permits, R280000, is already above the R135311 walk-away price - no bid in the band recovers its own cost against modelled value, so this cannot alert whatever the rent turns out to be

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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