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Sheriff sale in execution·House·Standard Bank

2-bed house in 88 Richmond Park, Oakdene Parks Road, Oakdene Extension 12, Johannesburg South

·Gauteng
Reserve price
R 435 000
Verified today
Auction date
08 Sept 2026 · 10:00
Case
2024/103133

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Bond + transfer costs

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Your purchase
Property priceR 435 000
Drag or type the number below
Deposit10%
R 43 500
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 4 175
per month for 20 years
Total interest
R611k
Total repaid
R1.0m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 15 220
Bond registration
R 12 707
Deeds Office
R 1 000
Total upfront
R 28 927
All-in
Price plus every upfront cost you need at the deeds office
R 463 927

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

88 Richmond Park, Oakdene Parks Road, Oakdene Extension 12, Johannesburg South Floor area 69 m². 2 bed, 2 bath. Foreclosing creditor: STANDARD BANK. Sale by Acting Sheriff JOHANNESBURG SOUTH.

Property

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

Auction details

Venue
61 VAN RIEBEECK AVENUE, ALBERTON
Sheriff
Acting Sheriff JOHANNESBURG SOUTH
When
08 Sept 2026 · 10:00

Attorney

Firm
STRYDOM BRITZ MOHULATSI INC.
Phone
012 365-1887
Ref
A ELS / MD / DH41550
Case
2024/103133

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 STRYDOM BRITZ MOHULATSI INC. on 012 365-1887 — quote ref A ELS / MD / DH41550 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.

Full detail on deposits, FICA and registering as a bidder is in the buyer FAQ.

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Source notice

Case No: 2024/103133 DOCEX 120, PRETORIA IN THE HIGH COURT OF SOUTH AFRICA (GAUTENG DIVISION, PRETORIA) In the matter between: THE STANDARD BANK OF SOUTH AFRICA LIMITED (REGISTRATION NUMBER: 1962/000738/06) - EXECUTION CREDITOR and THELA NGOBENI (ID NUMBER: 890204 5619 086) - EXECUTION DEBTOR NOTICE OF SALE IN EXECUTION 08 SEPTEMBER 2026, 10:00, 61 VAN RIEBEECK AVENUE, ALBERTON In execution of a Judgment of the High Court of South Africa, Gauteng Division, Pretoria in the above-mentioned suit, a sale with a reserve price of R435 000.00, will be held by the Acting Sheriff JOHANNESBURG SOUTH at 61 VAN RIEBEECK AVENUE, ALBERTON on TUESDAY, the 08TH SEPTEMBER 2026 at 10:00 of the undermentioned property of the Judgment debtor subject to the conditions of sale which are available for inspection at the offices of the Acting Sheriff JOHANNESBURG SOUTH during office hours: A Unit consisting of: (a) Section Number 88, as shown and more fully described on Sectional Plan Number SS0096/2011, in the scheme known as RICHMOND PARK, in respect of the land and building or buildings situated at OAKDENE EXTENSION 12 TOWNSHIP, LOCAL AUTHORITY: CITY OF JOHANNESBURG, of which section the floor area, according to the said sectional plan, is 69 (SIXTY-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 ST23411/2011 AND SUBJECT TO SUCH CONDITIONS AS SET OUT IN THE AFORESAID DEED OF TRANSFER NUMBER ST23411/2011 MAGISTERIAL DISTRICT: JOHANNESBURG ALSO KNOWN AS: 88 RICHMOND PARK, OAKDENE PARKS ROAD, OAKDENE EXTENSION 12, JOHANNESBURG SOUTH, GAUTENG PROVINCE. Particulars of the property and the improvements thereon are provided herewith but are not guaranteed. A dwelling consisting of: MAIN BUILDING: Semi-attached storey/ Brick walls/ Tile roof/ Tiled floors; 1x Lounge; 1x Dining Room; 2x Bedrooms; 1x Kitchen; 2x Bathrooms; 1x Shower; 2x Toilets; Fenced Brick Boundary/Swimming Pool/ Paving. Zoning: General residence Consumer Protection Act 68 of 2008 Registration as 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) (b) FICA-legislation - proof of identity and address particulars (c) Registration Conditions (d) Payment of a registration fee of R50 000.00 by way of EFT that must reflect in the Sheriff's account prior to the sale (e) Registration form to be completed before the Auction (f) The office of the Acting Sheriff for JOHANNESBURG SOUTH will conduct the sale with auctioneers J.A THOMAS and/or P. Ora and/or A JEGELS on behalf of Ms P P ZWANE, ACTING SHERIFF. The purchaser shall pay to the Sheriff a deposit of 10% of the purchase price in cash or by way of EFT, on the day of sale. The balance shall be paid against transfer and shall be secured by a guarantee issued by a financial institution approved by the execution creditor of his or her attorney and shall be furnished to the Sheriff within 21 (twenty-one) days after the sale. 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. Should the purchaser receive possession of the property, the purchaser shall be liable for occupational rental at the rate of 1% per month from date of possession to date of transfer. Dated at PRETORIA, 14 AUGUST 2026. Attorneys for Plaintiff(s): STRYDOM BRITZ MOHULATSI INC., BUILDING A, MENLYN WOODS OFFICE PARK 291 SPRITE AVENUE, FEARIE GLEN. Tel: 012 365-1887. Fax: -. Ref: A ELS / MD / DH41550. -.

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.