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

425183 · 2 Bedroom Apartment

Florida, Unit 19 Jackalberry Close - 14 Madeline Street

improved 2 bed 74 m² sectional / HOA ? review confidence low 30d balance

The auction

When 14 Aug 2026 Friday · 11 lead days
Held by Sheriff Roodepoort North Gauteng
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 70 348 balance R 447 300 by 13 Sep 2026
All-in cost R 542 648 to R 856 706 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 497 000 – R 546 700
All-in ceiling R 856 706

Firm cost at the bid floor · R 542 648

Bid price R 497 000
Sheriff's commission, incl VAT R 20 648
Transfer duty R 0
Conveyancing R 25 000
Firm cost per m² R 7 333
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 283 m

R 1 100 000 · 95 m · 2024 R 1 100 000 · 98 m · 2024 R 720 000 · 106 m · 2025 R 241 945 · 106 m · 2025 R 12 500 000 · 162 m · 2024 R 3 350 000 · 204 m · 2024 R 3 350 000 · 204 m · 2024 R 1 100 000 · 209 m · 2025 R 1 300 000 · 212 m · 2025 R 1 250 000 · 220 m · 2026 R 6 000 000 · 237 m · 2025 R 2 300 000 · 247 m · 2025 R 2 400 000 · 247 m · 2025 R 6 000 000 · 260 m · 2025 R 699 000 · 283 m · 2026 0 m 283 m

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

Apartments in this suburb · average sale price by year

2019: R 650 000 across 525 sales 2020: R 643 000 across 455 sales 2021: R 550 000 across 507 sales 2022: R 650 000 across 559 sales 2023: R 650 000 across 442 sales 2024: R 850 000 across 425 sales 2025: R 666 666 across 460 sales R 650 000 R 666 666 2019 2025

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

Provenance

Oldest bond registered2021
Reserve is rand-exactR 497 000.00
The firm's live book3 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 R74550 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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