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Sheriff sale in execution·Sectional title·Absa

1-bed sectional title in 538 Route 82 Security Village 1, 1 Tamboti Street, Olifantsvlei, Johannesburg South

·Gauteng
Reserve price
R 524 000
Verified today
Auction date
21 Jul 2026 · 10:00
Case
2024-020651

Bond + transfer costs

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Your purchase
Property priceR 524 000
Drag or type the number below
Deposit10%
R 52 400
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 5 029
per month for 20 years
Total interest
R735k
Total repaid
R1.2m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 16 264
Bond registration
R 13 588
Deeds Office
R 1 000
Total upfront
R 30 852
All-in
Price plus every upfront cost you need at the deeds office
R 554 852

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

538 Route 82 Security Village 1, 1 Tamboti Street, Olifantsvlei, Johannesburg South Floor area 53 m². 1 bed, 2 bath. Foreclosing creditor: ABSA.

Property

Bedrooms
1
Bathrooms
2
Floor area
53 m²
Sale type
Sheriff sale in execution

Auction details

Venue
61 Van Riebeeck Avenue, Alberton TAKE NOTICE that
When
21 Jul 2026 · 10:00

Attorney

Firm
Smit Sewgoolam Inc
Phone
011 646 0006
Ref
JE/JA/MAT47877
Case
2024-020651
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.