RepoLens
Sheriff sale in execution·Sectional title·Absa

1-bed sectional title in Unit 55 Fairway View, 2 Saint Andrew Street, Pollak Park Ext 5, Springs, 1559

·Gauteng
Reserve price
R 100 000
Verified today
Auction date
05 Aug 2026 · 11:00
Case
2023/054210

Bond + transfer costs

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Your purchase
Property priceR 100 000
Drag or type the number below
Deposit10%
R 10 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 960
per month for 20 years
Total interest
R140k
Total repaid
R230k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 5 500
Bond registration
R 4 500
Deeds Office
R 460
Total upfront
R 10 460
All-in
Price plus every upfront cost you need at the deeds office
R 110 460

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

Unit 55 Fairway View, 2 Saint Andrew Street, Pollak Park Ext 5, Springs, 1559 Floor area 47 m². 1 bed, 1 bath. Foreclosing creditor: ABSA. Sale by Sheriff SPRINGS at.

Property

Bedrooms
1
Bathrooms
1
Floor area
47 m²
Sale type
Sheriff sale in execution

Auction details

Venue
99 - 8Th Street, Springs
Sheriff
Sheriff SPRINGS at
When
05 Aug 2026 · 11:00

Attorney

Firm
Lowndes Dlamini Inc
Phone
011-292-5777
Ref
M ROOS/NM/MAT35300
Case
2023/054210

How you buy this

  1. It's free, and there's no account. You don't register with RepoLens — everything here is free to view and there's no login. 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 Inc on 011-292-5777 — quote ref M ROOS/NM/MAT35300 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.

Know your total buy-in cost
Use the bond calculator above to estimate monthly instalments, transfer duty, and total costs at the current prime rate.
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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.