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Sheriff sale in execution·House·Absa

2-bed house in 3 Wallis Road, Florentia, Alberton

·Gauteng
Reserve price
R 630 000
Verified today
Auction date
26 Aug 2026 · 09:00
Case
B6308/2023

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Bond + transfer costs

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Your purchase
Property priceR 630 000
Drag or type the number below
Deposit10%
R 63 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 6 047
per month for 20 years
Total interest
R884k
Total repaid
R1.5m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 17 430
Bond registration
R 14 570
Deeds Office
R 1 460
Total upfront
R 33 460
All-in
Price plus every upfront cost you need at the deeds office
R 663 460

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

3 Wallis Road, Florentia, Alberton Erf size 712 m². 2 bed, 1 bath. Foreclosing creditor: ABSA. Sale by Sheriff of the High Court PALM RIDGE.

Property

Bedrooms
2
Bathrooms
1
Erf size
712 m²
Erf number
379
Sale type
Sheriff sale in execution

Auction details

Venue
THE SHERIFF’S OFFICE, PALM RIDGE: 39A LOUIS TRICHARDT AVENUE, ALBERTON NORTH
Sheriff
Sheriff of the High Court PALM RIDGE
When
26 Aug 2026 · 09:00

Attorney

Firm
VELILE TINTO & ASSOCIATES INC.
Phone
(012) 807 3366
Ref
U22996/DBS/S BALKISHUN/KM
Case
B6308/2023

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 VELILE TINTO & ASSOCIATES INC. on (012) 807 3366 — quote ref U22996/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 — Government Gazette No. 55117, 7 August 2026

Case No: B6308/2023 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 PHILLIPES JACOBUS CHRISTOFFEL COETZER, Defendant NOTICE OF SALE IN EXECUTION 26 AUGUST 2026, 09:00, THE SHERIFF’S OFFICE, PALM RIDGE: 39A LOUIS TRICHARDT AVENUE, ALBERTON NORTH In pursuance of a judgment granted by this Honourable Court on 20 JANUARY 2026, and a Warrant of Execution issued on 20 FEBRUARY 2026, the undermentioned immovable property will be sold in execution subject to a reserve price in the amount of R630 000.00, by the Sheriff of the High Court PALM RIDGE, to the highest bidder. 100 No. 55117 GOVERNMENT GAZETTE, 07 AUGUST 2026 Full Conditions of Sale may be inspected at the offices of the SHERIFF OF THE HIGH COURT, PALM RIDGE: 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. ERF 379 FLORENTIA TOWNSHIP, REGISTRATION DIVISION I.R., PROVINCE OF GAUTENG MEASURING 712 (SEVEN HUNDRED AND TWELVE) SQUARE METRES HELD BY DEED OF TRANSFER NUMBER T8028/2016 SUBJECT TO THE CONDITIONS THEREIN CONTAINED (also known as: 3 WALLIS ROAD, FLORENTIA, ALBERTON, GAUTENG) MAGISTERIAL DISTRICT: EKURHULENI ZONING: RESIDENTIAL IMPROVEMENTS: (Not Guaranteed) MAIN DWELLING: SINGLE STOREY, WALLS: BRICKS, ROOF: CORRUGATED IRON, FLOORS: SOLID WOODEN, ROOMS: LOUNGE, DINING ROOM, KITCHEN, 2 BEDROOMS, 1 BATHROOM, 1 TOILET, OUTBUILDING: SINGLE STOREY, WALLS: BRICKS, ROOF: CORRUGATED IRON, FLOORS: TILES, ROOMS: LOUNGE, DINING ROOM, KITCHEN, 1 BEDROOM, 1 BATHROOM, 1 SHOWER, 1 TOILET, DOUBLE CARPORTS, BOUNDARY: FENCED, CONCRETE, OTHER: PAVING TAKE FURTHER NOTICE THAT: 1. The Sale in Execution is conducted in accordance to the Consumer Protection Act 68 of 2008 as Amended, in pursuant of an order granted against the Judgment Debtor for money owing to the Execution Creditor. 2. The auction will be conducted by the Sheriff, Mr Ian Burton, or his Deputy. 3. Advertising costs at current publication rates and sale costs according to court rules, apply. 4. Registration as a buyer is a pre-requisite subject to conditions, inter alia: a) Directive of the Consumer Protection Act 68 of 2008. (URL http://www.info.gov.za/view/ DownloadFileAction?id=99961) 5. Auction Terms and conditions and the Conditions of Sale may be inspected at the SHERIFF'S OFFICE, SHERIFF PALM RIDGE, 39a LOUIS TRICHARDT STREET, ALBERTON NORTH, 24 hours prior to the auction. 6. All bidders are required to present their Identity Document together with their proof of residence for FICA compliance. 7. All bidders are required to pay R25 000.00 (PHYSICAL AUCTION) / R40 000.00 (ONLINE AUCTION) (refundable) registration fee prior to the commencement of the auction in order to obtain a buyer's card. 8. The Purchaser shall pay to the Sheriff a deposit of 10 (ten) per cent of the purchase price in cash or by bank guaranteed cheque or EFT on the day of the sale. 9. The balance shall be paid against transfer and shall be secured by a guarantee issued by a financial institution approved by the Execution Creditor or his or her attorney, and shall be furnished to the Sheriff within 21 (twenty one) days after the sale. 10. The property may be taken possession of after signature of the conditions of sale, payment of the deposit and upon the balance of the purchase price being secured in terms of the conditions. 11. Should the Purchaser receive possession of the property, the Purchaser shall be liable for occupational rent at the rate of 1% of the purchase price per month to date of transfer. 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: U22996/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.