Property report · census 3 Aug 2026
425210 · 3 Bedroom Apartment in Scheme
Essenwood, Unit 12 Nordbury Court - 130 Gladys Mazibuko Road
The auction
The money ladder · bid basis: reserve
| Bid band (reserve) | R 800 000 – R 880 000 |
| All-in ceiling | R 1 195 755 |
| Walk-away price | R 869 558 |
| Market value | R 1 185 133 |
Firm cost at the bid floor · R 865 875
| Bid price | R 800 000 |
| Sheriff's commission, incl VAT | R 25 875 |
| Transfer duty | R 0 |
| Conveyancing | R 40 000 |
| Firm cost per m² | R 7 595 |
Provisions, floor to ceiling · R 4 500 – R 248 500
Evaluation states
Registered transfers nearby · 14 within 160 m
Each dot is a registered transfer: nearer is left, dearer is up.
Apartments in this suburb · average sale price by year
Suburb context only — it corroborates a value and never produces one.
Provenance
| Oldest bond registered | 2006 |
| The firm's live book | 7 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 R120000 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.