RepoLens
Sheriff sale in execution·House·Absa

2-bed house in 131 116 No

·Gauteng
Reserve price
R 335 000
Verified today
Auction date
27 Aug 2026 · 10:00
Case
2023/24773

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We compare this reserve against 6 other houses we have gazetted in Stretford, and against what the open market has actually done in the past year.

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Bond + transfer costs

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Your purchase
Property priceR 335 000
Drag or type the number below
Deposit10%
R 33 500
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 3 215
per month for 20 years
Total interest
R470k
Total repaid
R772k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 14 020
Bond registration
R 11 717
Deeds Office
R 1 000
Total upfront
R 26 737
All-in
Price plus every upfront cost you need at the deeds office
R 361 737

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

131 116 No Erf size 150 m². 2 bed, 1 bath. Foreclosing creditor: ABSA.

Property

Bedrooms
2
Bathrooms
1
Erf size
150 m²
Erf number
4203
Sale type
Sheriff sale in execution

Auction details

Venue
SHERIFF VEREENIGING , 91 GENERAL HERTZOG STREET, THREE RIVERS, VEREENIGING
When
27 Aug 2026 · 10:00

Attorney

Firm
TIM DU TOIT & CO INCORPORATED ATTORNEYS
Phone
011 274 9800
Ref
JN7430/L485/
Case
2023/24773

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 TIM DU TOIT & CO INCORPORATED ATTORNEYS on 011 274 9800 — quote ref JN7430/L485/ 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. 55170, 14 August 2026

Case No: 2023/24773 IN THE HIGH COURT OF SOUTH AFRICA (GAUTENG DIVISION, JOHANNESBURG) In the matter between: ABSA HOME LOANS GUARANTEE COMPANY (RF) PTY LTD, First Plaintiff and ABSA BANK LIMITED, Second Plaintiff and LEKALA, POLELO DONALD, Defendant NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 27 AUGUST 2026, 10:00, SHERIFF VEREENIGING , 91 GENERAL HERTZOG STREET, THREE RIVERS, VEREENIGING IN EXECUTION of a judgment of the above Honourable Court in the above action, dated 6 AUGUST 2024, a sale will be held at the office of the SHERIFF VEREENIGING at 91 GENERAL HERTZOG STREET, THREE RIVERS, VEREENIGING on 27 AUGUST 2026 at 10H00 or so soon thereafter of the undermentioned property of the Defendant on the Conditions, which will lie for inspection at the offices of the SHERIFF VEREENIGING at 91 GENERAL HERTZOG STREET, THREE RIVERS, VEREENIGING, subject to a reserve price set at R335 000.00. PORTION 131 OF ERF 4203 STRETFORD EXTENSION 1 TOWNSHIP REGISTRATION DIVISION I.Q., THE PROVINCE OF GAUTENG MEASURING 150 (ONE HUNDRED AND FIFTY) SQUARE METRES, HELD BY DEED OF TRANSFER NO. T83449/2019. Situated at: 131 116 No. 55170 GOVERNMENT GAZETTE, 14 AUGUST 2026 Bohemia Street, Stretford Extension 1 Magisterial Court District (Vereeniging) (NO WARRANTY IS GIVEN IN RESPECT OF THE PHYSICAL ADDRESS) The following information is furnished regarding the improvements, though in this respect nothing is guaranteed: RESIDENTIAL PROPERTY CONSISTING OF: IMPROVEMENTS: Lounge, Kitchen, 2 Bedrooms, 1 Bathroom/Toilet THE NATURE, EXTENT, CONDITION AND EXISTENCE OF THE IMPROVEMENTS ARE NOT GUARANTEED AND/OR NO WARRANTY IS GIVEN IN RESPECT THEROF AND ARE SOLD "VOETSTOOTS" 1. The purchaser shall pay auctioneer's commission subject to a maximum of R40 000.00 plus V.A.T. and a minimum of R3 000.00 plus V.A.T. 2. A Deposit of 10% of the purchase price immediately on demand by the Sheriff. The balance of purchase price and any such interest payable, shall be paid to the Sheriff against transfer and shall be secured by a Bank guarantee, to be approved by the Plaintiffs' Attorneys, which shall be furnished to the Sheriff within 21 days after the date of sale. 3. The Rules of the auction are available 24 hours prior to the auction at the offices of the Sheriff at 91 GENERAL HERTZOG STREET, THREE RIVERS, VEREENIGING. The Sheriff of Vereeniging will conduct the Sale. 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) b. FICA-Legislation - Proof of Identity and address particulars c. Payment of a registration fee - in Cash / EFT d. Registration Conditions THE AFORESAID SALE SHALL BE SUBJECT TO THE CONDITIONS OF SALE WHICH MAY BE INSPECTED AT THE OFFICE OF THE SHERIFF VEREENIGING at 91 GENERAL HERTZOG BOULEVARD, THREE RIVERS, VEREENIGING. PLAINTIFFS' ATTORNEYS TIM DU TOIT & CO INC 33 The Valley Road cnr Jan Smuts Avenue Westcliff JOHANNESBURG TEL: 011 274 9800 EMAIL: cobus@timdutoit.co.za Ref: JN7430/L485/N. Erasmus/CO. Dated at JOHANNESBURG. Attorneys for Plaintiff(s): TIM DU TOIT & CO INCORPORATED ATTORNEYS, 33 The Valley Road, Cnr Jan Smuts Avenue Westcliff , Johannesburg. Tel: 011 274 9800. Fax: 011 646 7982. Ref: JN7430/L485/ N. Erasmus/CO.

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.