RepoLens
Sheriff sale in execution·House·Absa

2-bed house in 51b Ironwood Street, Bonteheuwel

·Western Cape
Reserve price
R 290 000
Verified today
Auction date
02 Sept 2026 · 11:00
Case
4370/2019

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Bond + transfer costs

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Your purchase
Property priceR 290 000
Drag or type the number below
Deposit10%
R 29 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 2 783
per month for 20 years
Total interest
R407k
Total repaid
R668k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 13 480
Bond registration
R 11 271
Deeds Office
R 1 000
Total upfront
R 25 751
All-in
Price plus every upfront cost you need at the deeds office
R 315 751

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

51b Ironwood Street, Bonteheuwel Erf size 125 m². 2 bed, ? bath. Foreclosing creditor: ABSA.

Property

Bedrooms
2
Erf size
125 m²
Erf number
135620
Sale type
Sheriff sale in execution

Auction details

Venue
SHERIFF'S OFFICE GOODWOOD, 19B VASCO BOULEVARD, GOODWOOD
When
02 Sept 2026 · 11:00

Attorney

Firm
Marais Müller Hendricks Inc
Phone
(021) 943-3000
Ref
MJT/Yvette Smith/ZA0594
Case
4370/2019

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 Marais Müller Hendricks Inc on (021) 943-3000 — quote ref MJT/Yvette Smith/ZA0594 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: 4370/2019 IN THE HIGH COURT OF SOUTH AFRICA (WESTERN CAPE DIVISION) In the matter between: ABSA HOME LOANS GUARANTEE COMPANY (RF) PROPRIETARY LIMITED (First Plaintiff) and ABSA BANK LIMITED (Second Plaintiff) and MAJIDIE VAN DER SCHYFF, Identity Number 910711 5208 08 8 (Defendant) NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 02 SEPTEMBER 2026, 11:00, AT THE SHERIFF'S OFFICE GOODWOOD, 19B VASCO BOULEVARD, GOODWOOD 1. Property: 51B Ironwood Street, Bonteheuwel 2. Domicile: 51B Ironwood Street, Bonteheuwel 3. Residential: 51B Ironwood Street, Bonteheuwel In execution of a judgment of the above Honourable Court dated 21 October 2022, the undermentioned immovable property will be sold in execution on WEDNESDAY, 2 SEPTEMBER 2026 at 11:00 at the SHERIFF'S OFFICE GOODWOOD, 19B VASCO BOULEVARD, GOODWOOD, subject to a reserve price of R290,000.00 ERF 135620 CAPE TOWN, in the City of Cape Town, Division Cape, Western Cape Province; In Extent : 125 square metres Held by Deed of Transfer No T44438/2017 ALSO KNOWN AS: 51B IRONWOOD STREET, BONTEHEUWEL. CONDITIONS OF SALE: 1. The sale is subject to: 1.1 The sale is conducted in accordance with the provisions of Rule 46 of the Uniform Rules of the High Court, as amended, as well as the provisions of the Consumer Protection Act, 68 of 2008 (as amended). 1.2 All bidders are required to present their identity documents together with their proof of residence for FICA compliance. 1.3 Payment of registration fee of R15,000.00 (refundable) via electronic funds transfer. 2. One-tenth of the purchase price shall be paid immediately after the property is declared to be sold and the balance of the purchase price together with interest thereon to be paid against registration of transfer. 3. The following improvements have been made to the property (although nothing is guaranteed in this regard). A residential SEMI-DETACHED DOUBLE STOREY dwelling comprising out of: LOUNGE/ DINING ROOM, 2 X BEDROOMS, KITCHEN, BATHROOM & TOILET, PLASTERED WALLS, ASBESTOS ROOF, CARPET & TILE FLOORS, VIBRACRETE & BLOCK BOUNDARY WALL. 4. The conditions of sale will be read at the sale and lies for inspection at the offices of the Sheriff of the High Court, GOODWOOD and at the offices of the undersigned. 5. Advertising costs at current publication rates and sale costs according to court rules apply. Dated at Tyger Valley, 14 AUGUST 2026. Attorneys for Plaintiff(s): Marais Müller Hendricks Inc, 1st Floor, Tygerforum A, 53 Willie van Schoor Drive, TYGER VALLEY. Tel: (021) 943-3000. Fax: -. Ref: MJT/Yvette Smith/ZA0594. -.

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.