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Sheriff sale in execution·Sectional title·Absa

1-bed sectional title in Unit 3105 (door 5), Block 31, Ss Olive Wood Village South, 300 Grosvenor Street, Kempton Park

·Gauteng
Reserve price
R 595 000
Verified today
Auction date
20 Aug 2026 · 10:00
Case
B1204/2024

Bond + transfer costs

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Your purchase
Property priceR 595 000
Drag or type the number below
Deposit10%
R 59 500
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 5 711
per month for 20 years
Total interest
R835k
Total repaid
R1.4m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 17 045
Bond registration
R 14 255
Deeds Office
R 1 000
Total upfront
R 32 300
All-in
Price plus every upfront cost you need at the deeds office
R 627 300

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 3105 (door 5), Block 31, Ss Olive Wood Village South, 300 Grosvenor Street, Kempton Park Floor area 49 m². 1 bed, 1 bath. Foreclosing creditor: ABSA. Sale by Sheriff of the High Court KEMPTON PARK.

Property

Bedrooms
1
Bathrooms
1
Floor area
49 m²
Erf number
1895
Sale type
Sheriff sale in execution

Auction details

Venue
THE SHERIFF’S OFFICE, KEMPTON PARK & TEMBISA: 5 ANEMOON STREET, GLEN MARAIS EXTENSION 1, KEMPTON PARK
Sheriff
Sheriff of the High Court KEMPTON PARK
When
20 Aug 2026 · 10:00

Attorney

Firm
VELILE TINTO & ASSOCIATES INC.
Phone
(012) 807 3366
Ref
U26058/DBS/S BALKISHUN/KM
Case
B1204/2024

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 VELILE TINTO & ASSOCIATES INC. on (012) 807 3366 — quote ref U26058/DBS/S BALKISHUN/KM 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: B1204/2024 DOCEX 178, PRETORIA IN THE HIGH COURT OF SOUTH AFRICA (GAUTENG DIVISION, PRETORIA) IN THE MATTER BETWEEN: ABSA HOME LOANS GUARANTEE COMPANY (RF) PTY LTD, 1st Plaintiff and ABSA BANK LIMITED, 2nd Plaintiff and BONGANI CARVIN LUNGA MKONZA, Defendant NOTICE OF SALE IN EXECUTION 20 AUGUST 2026, 10:00, THE SHERIFF’S OFFICE, KEMPTON PARK & TEMBISA: 5 ANEMOON STREET, GLEN MARAIS EXTENSION 1, KEMPTON PARK In pursuance of a judgment granted by this Honourable Court on 20 JANUARY 2026, and a Warrant of Execution issued on 18 FEBRUARY 2026, the undermentioned immovable property will be sold in execution subject to a reserve price in the amount of R595 000.00, by the Sheriff of the High Court KEMPTON PARK & TEMBISA at THE SHERIFF'S OFFICE, KEMPTON PARK & TEMBISA: 5 ANEMOON STREET, GLEN MARAIS EXTENSION 1, KEMPTON PARK on 20 AUGUST 2026 at 10H00, to the highest bidder. Full Conditions of Sale may be inspected at the offices of the SHERIFF OF THE HIGH COURT, KEMPTON PARK & TEMBISA: ADDRESS AS ABOVE, whom shall hold the sale and shall read out the Conditions of sale prior to the sale in execution. The Sheriff, Execution Creditor and/or the Execution Creditor's Attorneys do not give any warranties with regard to the description and/or improvements of the immovable property. A UNIT CONSISTING OF - (a) SECTION NO. 3105 AS SHOWN AND MORE FULLY DESCRIBED ON SECTIONAL PLAN NO. SS362/2020, IN THE SCHEME KNOWN AS OLIVE WOOD VILLAGE SOUTH IN RESPECT OF THE LAND AND BUILDING OR BUILDINGS SITUATED AT ERF 1895 WITFONTEIN EXTENSION 93, ERF 1896 WITFONTEIN EXTENSION 93, ERF 1897 WITFONTEIN EXTENSION 93 AND ERF 1898 WITFONTEIN EXTENSION 93 TOWNSHIP, LOCAL AUTHORITY: CITY OF EKURHULENI METROPOLITAN MUNICIPALITY OF WHICH SECTION THE FLOOR AREA, ACCORDING TO THE SAID SECTIONAL PLAN, IS 49 (FORTY NINE) SQUARE METRES IN EXTENT; AND (b) AN UNDIVIDED SHARE IN THE COMMON PROPERTY IN THE SCHEME APPORTIONED TO THE SAID SECTION IN ACCORDANCE WITH THE PARTICIPATION QUOTA AS ENDORSED ON THE SAID SECTIONAL PLAN, HELD BY DEED OF TRANSFER NUMBER ST69976/2020 AND SUBJECT TO SUCH CONDITIONS AS SET OUT IN THE AFORESAID DEED (also known as: UNIT 3105 (DOOR 5), BLOCK 31, SS OLIVE WOOD VILLAGE SOUTH, 300 GROSVENOR STREET, KEMPTON PARK, GAUTENG) MAGISTERIAL DISTRICT: EKURHULENI ZONING: RESIDENTIAL IMPROVEMENTS: (Not Guaranteed) MAIN DWELLING: ENTRY HALL, LOUNGE, KITCHEN, 1 BEDROOM, 1 BATHROOM, BALCONY/ PATIO. Dated at PRETORIA, 16 JULY 2026. Attorneys for Plaintiff(s): VELILE TINTO & ASSOCIATES INC., TINTO HOUSE, CNR SOLOMON MAHLANGU (PREVIOUSLY HANS STRIJDOM) & DISSELBOOM STREETS, WAPADRAND. Tel: (012) 807 3366. Fax: 086 206 8695. Ref: U26058/DBS/S BALKISHUN/KM.

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.