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Sheriff sale in execution·House·Standard Bank

2-bed house in 16 Iridium Avenue, Eldoradopark

·Gauteng
Reserve price
R 292 000
Verified today
Auction date
26 Aug 2026 · 08:00
Case
115464/2024

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Bond + transfer costs

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Your purchase
Property priceR 292 000
Drag or type the number below
Deposit10%
R 29 200
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 2 803
per month for 20 years
Total interest
R410k
Total repaid
R673k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 13 504
Bond registration
R 11 291
Deeds Office
R 1 000
Total upfront
R 25 795
All-in
Price plus every upfront cost you need at the deeds office
R 317 795

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

16 Iridium Avenue, Eldoradopark Erf size 357 m². 2 bed, ? bath. Foreclosing creditor: STANDARD BANK.

Property

Bedrooms
2
Erf size
357 m²
Erf number
714
Sale type
Sheriff sale in execution

Auction details

Venue
NO 5 2ND AVENUE CNR STATION ROAD ARMADALE (KNOWN AS VIKING)
When
26 Aug 2026 · 08:00

Attorney

Firm
Z & Z NGOGODO INCORPORATED
Phone
011 028 1258
Ref
M01814
Case
115464/2024

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 Z & Z NGOGODO INCORPORATED on 011 028 1258 — quote ref M01814 for the Standard Bank 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.

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Source notice — Government Gazette No. 55117, 7 August 2026

Case No: 115464/2024 IN THE HIGH COURT OF SOUTH AFRICA (JOHANNESBURG) In the matter between: THE STANDARD BANK OF SOUTH AFRICA LIMITED, Plaintiff and VIRGIL MELANIE GELUK (IDENTITY NUMBER. 800218 0141 08 5), 1st Defendant & COLIN RONALD SLAFFA (IDENTITY NUMBER. 760803 5178 08 9), 2nd Defendant NOTICE OF SALE IN EXECUTION 26 AUGUST 2026, 08:00, NO 5 2ND AVENUE CNR STATION ROAD ARMADALE (KNOWN AS VIKING), 98 No. 55117 GOVERNMENT GAZETTE, 07 AUGUST 2026 A Sale in execution will be held by the Sheriff of The High Court , Sheriff Lenasia - Soweto Easton 26day of August 2026at 08h00 at No 5 2nd Avenue cnr station road Armadale (known as viking),of the Defendants property, described below with the reserve price of R292 000.00. ERF 714 ELDORADOPARK TOWNSHIP, REGISTRATION DIVISION I.Q., THE PROVINCE OF GAUTENG MEASURING 357 (THREE HUNDRED AND FIFTY SEVEN) SQUARE METRES HELD BY DEED OF TRANSFER NO T65853/2007 SUBJECT TO THE CONDITIONS CONTAINED SITUATED AT: 16 IRIDIUM AVENUE, ELDORADOPARK. (“ the Property”) Particulars of the property and the improvements thereon are provided herewith but are not guaranteed. A dwelling consisting of: 2 X Bedrooms, Bathroom, Lounge, Dining Room, Kitchen & Garage Inspect conditions of Sale at The Sheriff's Office , Sheriff Soweto East at No 5, 2 nd Avenue, Cnr Station Road, Armadale (Viking). Dated at JOHANNESBURG, 31 JULY 2026. Attorneys for Plaintiff(s): Z & Z NGOGODO INCORPORATED, SUITE 7, 1ST FLOOR, WATERFALL VIEW, WATERPARK, BEKKER ROAD, MIDRAND. Tel: 011 028 1258. Fax: 011 312 83250. Ref: M01814. KHUTSO NKUNA.

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.