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

425229 · Land 952 sqm

Parow - 40 Kings Way

vacant 952 m² ? review confidence low judgment 2021bond 20053 same hammer

The auction

When 4 Aug 2026 Tuesday · 1 lead day
Held by Sheriff Bellville Western Cape
Where Not re-read yet the venue is on the notice and the source's page
Cash on auction day R 377 300 balance R 2 320 500 by 25 Aug 2026
All-in cost R 2 757 800 to R 8 594 444 at full provisions
Discount to market 0.0% value R 8 594 444
Gross yield market reference 10.9%

The money ladder · bid basis: anchored

Bid band (anchored) R 2 578 333 – R 7 614 945
All-in ceiling R 8 594 444
Walk-away price R 7 614 945
Market value R 8 594 444

Firm cost at the bid floor · R 2 757 800

Bid price R 2 578 333
Sheriff's commission, incl VAT R 46 000
Transfer duty R 73 467
Conveyancing R 60 000
Firm cost per m² R 2 897
Sheriff's commission, incl VAT
Transfer duty
Conveyancing

Provisions, floor to ceiling · R 4 500 – R 258 500

Municipal arrears aged R 150 000
Remediation R 50 000
Eviction R 45 000
Holding cost R 13 500

Evaluation states

reserve · no reserve size · pass walk away · pass ? market · review

Registered transfers nearby · 15 within 253 m

market value R 8 594 444 R 4 000 000 · 84 m · 2025 R 12 152 000 · 91 m · 2025 R 9 750 000 · 101 m · 2026 R 13 200 000 · 103 m · 2026 R 14 950 000 · 107 m · 2025 R 3 000 000 · 114 m · 2025 R 3 700 000 · 114 m · 2024 R 10 000 000 · 129 m · 2026 R 20 500 000 · 173 m · 2025 R 5 165 000 · 189 m · 2025 R 4 500 000 · 196 m · 2026 R 2 000 000 · 253 m · 2026 R 3 075 000 · 253 m · 2026 R 8 400 000 · 253 m · 2026 R 12 620 000 · 253 m · 2024 0 m 253 m

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

Houses in this suburb · average sale price by year

2019: R 3 695 000 across 36 sales 2020: R 3 750 000 across 31 sales 2021: R 3 900 000 across 49 sales 2022: R 4 200 000 across 53 sales 2023: R 4 600 000 across 35 sales 2024: R 4 575 000 across 52 sales 2025: R 5 165 000 across 49 sales R 3 695 000 R 5 165 000 2019 2025

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

Provenance

Case opened2021
Oldest bond registered2005
The firm's live book5 sales in this census

Warnings · 4

  • conveyancing_bands
  • commission scale not recited in the notice - configured fallback used
  • the municipal arrears ceiling is aged to the 2021-opened case: R150000 against the R80000 base, at R30000 a judgment-year capped at R240000 - unconfirmed model parameters, and still a provision, not a quote
  • VAT status is not recited, and notices do not state it: modelled as a transfer-duty sale at R73467. Were the execution debtor a registered VAT vendor, VAT on the same bid would be R386750 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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