PropertyLane Platform
Price Demand Crime Schools
Crime — Benoni precinct
Very LowLowNeutralHighVery High
Market40.8% below
25% above At market 25% below 50% below 75% below
LineFirmProvision
bid price · reserve published on the listingR1,600,000
sheriff commissionR34,500
sheriff commission vat · rate unconfirmedR5,175
property vatR0
transfer dutyR11,700
conveyancing · placeholder tariff, unconfirmedR60,000
municipal arrears + R0 to R240,000
remediation + R0 to R50,000
eviction + R0 to R45,000
holding cost + R4,500 to R13,500
TotalR1,711,375 + R4,500 to R348,500
Walk away above
R3,187,746
Headroom
R1,587,746
Cash on the day
R211,375
Balance by 8 Oct 2026
R1,440,000
All-in, floor to ceiling
R1,711,375 – R2,230,321
All-in per m² at the ceiling
R938
assumptions v3

Next decision — confirm at least R 20 315/month rent. At the current R 1 600 000 bid floor, the all-in cost stays below the R 3 187 746 walk-away and 40.8% below estimated market value.