RepoLens
Sheriff sale in execution·House·Nedbank

1-bed house in Gauteng

Address omitted from gazette notice·Gauteng
Reserve price
R 392 000
Verified today
Auction date
27 Aug 2026 · 10:00
Case
2025-007228

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Bond + transfer costs

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Your purchase
Property priceR 392 000
Drag or type the number below
Deposit10%
R 39 200
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 3 762
per month for 20 years
Total interest
R550k
Total repaid
R903k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 14 704
Bond registration
R 12 281
Deeds Office
R 1 000
Total upfront
R 27 985
All-in
Price plus every upfront cost you need at the deeds office
R 419 985

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

Erf size 165 m². 1 bed, 1 bath. Foreclosing creditor: NEDBANK. Sale by Sheriff SOWETO WEST.

Property

Bedrooms
1
Bathrooms
1
Erf size
165 m²
Erf number
9883
Sale type
Sheriff sale in execution

Auction details

Venue
2241 CNR RASMENI & NKOPI STREET, PROTEA NORTH
Sheriff
Sheriff SOWETO WEST
When
27 Aug 2026 · 10:00

Attorney

Firm
Lowndes Dlamini Attorneys
Phone
(011) 292-5777
Ref
N GAMBUSHE/
Case
2025-007228

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 Lowndes Dlamini Attorneys on (011) 292-5777 — quote ref N GAMBUSHE/ for the Nedbank 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 — Government Gazette No. 55170, 14 August 2026

Case No: 2025-007228 DX31 SANDTON SQUARE IN THE HIGH COURT OF SOUTH AFRICA (Gauteng Local Division, Johannesburg) In the matter between Nedbank Limited, Execution Creditor and BANDA: NELLIE BUYISIWE, Execution Debtor NOTICE OF SALE IN EXECUTION 27 AUGUST 2026, 10:00, 2241 CNR RASMENI & NKOPI STREET, PROTEA NORTH This is a sale in execution pursuant to judgments obtained in the above Honourable Court dated the 17 November 2025 in terms of which the below property will be sold in execution by the Sheriff SOWETO WEST on 27th AUGUST 2026at 10:00 at 2241 CNR RASMENI & NKOPI STREET, PROTEA NORTH to the highest bidder with a reserve of R392 000.00. ERF 9883 PROTEA GLEN EXTENSION 12 40 No. 55170 GOVERNMENT GAZETTE, 14 AUGUST 2026 TOWNSHIP. REGISTRATION DIVISION I.Q. THE PROVINCE OF GAUTENG. MEASURING 165 (ONE HUNDRED AND SIXTY FIVE) SQUARE METRES HELD BY DEED OF TRANSFER NUMBER T31684/2013 SUBJECT TO THE CONDITIONS THEREIN CONTAINED And consists of - Main Building: A freestanding single story building comprising of Brick wall, 1 Dining Room, 1 Bathroom, 1 enlarged master Bedroom, 1 Bedroom and Kitchen - WHICH CANNOT BE GUARANTEED. The property is situated at: 9883 (21) PRIVET STREET, PROTEA GLEN EXTENSION 12.In the magisterial District of JOHANNESBURG. The Purchaser shall in addition to the Sheriff's commission, which is 6% (six percent) on the first R100 000.00 (One Hundred Thousand Rand) of the proceeds of the sale and thereafter 3.5% (Three comma Five percent) on R100 001.00 (One Hundred Thousand and One Rand) to R400 000.00 (Four Hundred Thousand Rand) and 1.5% (One point Five percent) on the balance of the proceed of the Sale plus VAT, subject to a maximum commission of R40 000.00 in total and a minimum of R3 000.00, pay a deposit of 10% of the purchase price in cash or bank guarantee cheque or EFT into the Sheriff's trust account immediately upon closing of the bid 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 (21) 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 will be available at least 24 hours before the auction at the office of the Sheriff SOWETO WESTat 2241 CNR RASMENI & NKOPI STREET, PROTEA NORTH. Registration as a buyer is a pre-requisite subject to conditions including, inter alia: 1. Directive of the Consumer Protection Act 68 of 2008. (URL http://www.info.gov.za/view/DownloandFileAction?id=99961) 2. FICA - legislation i.r.o. proof of identity and address particulars. 3. Payment of a Registration as required by the Sheriff 4. Registration conditions: no person will be allowed on the premises if they are no registered for FICA and CPA. The aforesaid sale shall be subject to the provisions of the Consumer Protection Act 68 of 2008 and Conditions of Sale which may be inspected at the office of the Sheriff SOWETO WEST at 2241 CNR RASMENI & NKOPI STREET, PROTEA NORTH during normal office hours from Monday to Friday. Dated at Johannesburg, 11 JULY 2026. Attorneys for Plaintiff(s): Lowndes Dlamini Attorneys, Ground Floor 56 Wierda Road East cnr. Albertyn Road, Wierda Valley, Sandton. Tel: (011) 292-5777. Fax: (011) 292-5775. Ref: N GAMBUSHE/ zm/MAT34476. Citizen.

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.