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Sheriff sale in execution·House·Absa

1-bed house in 608 (96) Willow Crescent, Eldoradopark Extension 3

·Gauteng
Reserve price
R 431 000
Verified today
Auction date
02 Sept 2026 · 08:00
Case
046749/2024

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Bond + transfer costs

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Your purchase
Property priceR 431 000
Drag or type the number below
Deposit10%
R 43 100
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 4 137
per month for 20 years
Total interest
R605k
Total repaid
R993k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 15 172
Bond registration
R 12 667
Deeds Office
R 1 000
Total upfront
R 28 839
All-in
Price plus every upfront cost you need at the deeds office
R 459 839

Estimate only. Transfer duty is the SARS Budget 2024 scale (still in force). Conveyancing and bond-registration fees use the LPC recommended scale — actual fees vary by attorney. Confirm with the conveyancer the seller bank appoints before bidding at a sheriff sale.

Description

608 (96) Willow Crescent, Eldoradopark Extension 3 Erf size 420 m². 1 bed, 1 bath. Foreclosing creditor: ABSA.

Property

Bedrooms
1
Bathrooms
1
Erf size
420 m²
Erf number
2521
Sale type
Sheriff sale in execution

Street view

Street-level view near the property address
Street-level view — not an interior listing photo.

Auction details

Venue
SHERIFF LENASIA at NO
When
02 Sept 2026 · 08:00

Attorney

Firm
STRAUSS DALY INC.
Phone
(010) 201-8600
Ref
CMICHAEL/ FF /ABS697/2476
Case
046749/2024

How you buy this

  1. Every listing is free, and there's no account. You don't register with RepoLens and there's no login — every sale we hold is free to read, including the reserve, the auction date and who to contact. A paid subscription only adds earlier alerts and a comparison against similar lots. We publish what's up for auction; we don't sell it.
  2. You buy at the sheriff's auction, not from us. Contact STRAUSS DALY INC. on (010) 201-8600 — quote ref CMICHAEL/ FF /ABS697/2476 for the Absa sale. They give you the conditions of sale and confirm the auction is going ahead.
  3. Ask what's owing before you bid. The reserve isn't the whole story — rates, municipal charges and body-corporate levies can land on the buyer. Ask the attorney or sheriff what rates and levies are outstanding before you bid.

Full detail on deposits, FICA and registering as a bidder is in the buyer FAQ.

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Source notice

Case No: 046749/2024 IN THE HIGH COURT OF SOUTH AFRICA (GAUTENG LOCAL DIVISION, JOHANNESBURG) In the matter between: ABSA BANK LIMITED (Registration Number: 1986/004794/06), Plaintiff and SEBASTIAN RONALD BAILEY (ID No.: 730426 5231 083), First Defendant and NITASHA JOCELYN BAILEY (ID No.: 781205 0153 080), Second Defendant NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 02 SEPTEMBER 2026, 08:00, SHERIFF LENASIA at NO.5 2ND AVENUE, CNR STATION ROAD, ARMADALE (KNOWN AS VIKING) This is a sale in execution pursuant to a judgement obtained in the above Honourable Court dated the 23RD JULY 2024 in terms of which the following property will be sold in execution on 02ND of SEPTEMBER 2026 at 08:00 by the SHERIFF LENASIA at NO.5 2ND AVENUE, CNR STATION ROAD, ARMADALE (KNOWN AS VIKING) to the highest bidder with reserve of R431,000.00 ERF 2521 ELDORADOPARK EXTENSION 3 TOWNSHIP, REGISTRATION DIVISION I.Q., THE PROVINCE OF GAUTENG, IN EXTENT: 420 (FOUR HUNDRED AND TWENTY) SQUARE METRES HELD BY DEED OF TRANSFER NO. T43276/2005 SUBJECT TO THE CONDITIONS STATED THEREIN AND ESPECIALLY SUBJECT TO THE RESERVATION OF MINERAL RIGHTS ("the Property") ALSO KNOWN AS: 608 (96) WILLOW CRESCENT, ELDORADOPARK EXTENSION 3 The following information is furnished but not guaranteed: MAINBUILDING: KITCHEN, 1X BEDROOM, 1X BATHROOM (The nature, extent, condition and existence of the improvements are not guaranteed, and are sold "voetstoots") The Purchaser shall in addition to the Auctioneer's commission, pay a deposit of 10% of the purchase price in cash or bank guarantee cheque on the day of the sale and the balance against transfer which shall be secured by a Bank or Building Society guarantee in a form acceptable to Plaintiff's conveyancers, which guarantee shall be delivered by the Purchaser to the Sheriff within fourteen (14) days from the date of the sale and shall provide for the payment of the full balance and any such interest payable as provided for hereunder. The Rules of this auction is available 24 hours before the auction at the sheriff's office LENASIA The offices of the Sheriff for LENASIA will conduct the sale. Advertising costs at current publication rates and sale costs according to court rules, apply. Registration as a buyer is a pre-requisite subject to conditions, inter alia: A) Directive of the Consumer Protection Act 68 of 2008. (URL http:// www.info.gov.za/view/DownloadFileAction?id=99961) B) FICA - legislation i.r.o. proof of identity and address particulars. C) Payment of a Registration Fee of R50 000.00 in cash/EFT. D) Registration conditions. NB: In terms of Rule 46: 1 (8)(a)(iii) any interested party may not less than 25 days prior to the date of sale, submit to the Sheriff in writing further or amended conditions of sale; 2 (8)(d) any interested party may, not less than 10 days prior to the date of sale and on 24 hours notice to the execution creditor, the bondholder/s and all interested parties, apply to a magistrate of the district for any modification of the conditions of sale; The aforesaid sale shall be subject to the Conditions of Sale which may be inspected at the offices of SHERIFF LENASIA at NO.5 2ND AVENUE, CNR STATION ROAD, ARMADALE (KNOWN AS VIKING). Dated at SANDTON, 14 JULY 2026. Attorneys for Plaintiff(s): STRAUSS DALY INC., Unit 801, 8th Floor Illovo Point, 68 Melville Road, Illovo, Sandton, 2146. Tel: (010) 201-8600. Fax: -. Ref: CMICHAEL/ FF /ABS697/2476. -.

RepoLens aggregates publicly published Government Gazette sale-in-execution notices and bank repo feeds. Reserve prices, auction dates and venue details should always be confirmed with the listed attorney before attending. Property descriptions are extracted from the Gazette text. RepoLens is not affiliated with any bank, attorney, bond originator, or financial services provider.