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

425185 · 2 Bedroom Sectional Title Apartment

Willowbrook - Cabernet Street

improved 2 bed sectional / HOA excluded 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 327 786 balance R 2 070 000 by 13 Sep 2026
All-in cost R 2 457 786 to R 2 954 100 at full provisions
Discount to market -26.5% value R 2 335 000
Gross yield market reference 10.9%

The money ladder · bid basis: reserve

Bid band (reserve) R 2 300 000 – R 2 530 000
All-in ceiling R 2 954 100
Walk-away price R 1 950 001
Market value R 2 335 000

Firm cost at the bid floor · R 2 457 786

Bid price R 2 300 000
Sheriff's commission, incl VAT R 46 000
Transfer duty R 51 786
Conveyancing R 60 000
Firm cost per m²
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 · review walk away · fail ? market · review

Registered transfers nearby · 15 within 263 m

market value R 2 335 000 R 2 700 000 · 64 m · 2024 R 5 400 000 · 86 m · 2026 R 2 700 000 · 102 m · 2025 R 2 320 000 · 102 m · 2024 R 2 500 000 · 119 m · 2025 R 1 500 000 · 135 m · 2025 R 2 000 000 · 142 m · 2025 R 2 750 000 · 148 m · 2024 R 1 730 000 · 149 m · 2025 R 2 000 000 · 159 m · 2025 R 2 350 000 · 173 m · 2025 R 2 725 000 · 180 m · 2025 R 2 600 000 · 188 m · 2025 R 1 690 000 · 252 m · 2026 R 827 049 · 263 m · 2026 0 m 263 m

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

Apartments in this suburb · average sale price by year

2019: R 895 000 across 546 sales 2020: R 1 100 000 across 283 sales 2021: R 980 000 across 302 sales 2022: R 700 000 across 295 sales 2023: R 670 000 across 220 sales 2024: R 985 000 across 268 sales 2025: R 815 000 across 237 sales R 895 000 R 815 000 2019 2025

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

Provenance

Oldest bond registered2021
The firm's live book3 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 R51786. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R345000 in its place.
  • the lowest bid this sale permits, R2300000, is already above the R1950001 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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