2-bed house in 40 Ngala Street, Lotus Gardens, Lotus Gardens Ext 2
Is this reserve any good?
We compare this reserve against 5 other houses we have gazetted in Lotus Gardens, and against what the open market has actually done in the past year.
See the comparisonBond + transfer costs
Open full calculator →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
40 Ngala Street, Lotus Gardens, Lotus Gardens Ext 2 Erf size 299 m². 2 bed, ? bath. Foreclosing creditor: STANDARD BANK.
Property
- Bedrooms
- 2
- Erf size
- 299 m²
- Erf number
- 5651
- Sale type
- Sheriff sale in execution
Street view
Auction details
- Venue
- SHERIFF PRETORIA SOUTH WEST at AZANIA BUILDING, COR ISCOR AVENUE & IRON TERRACE WEST PARK
- When
- 03 Sept 2026 · 10:00
Attorney
- Firm
- STRAUSS DALY INC.
- Phone
- (010) 201-8600
- Ref
- S1663/9134
- Case
- 012983/2025
How you buy this
- 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.
- You buy at the sheriff's auction, not from us. Contact STRAUSS DALY INC. on (010) 201-8600 — quote ref S1663/9134 for the Standard Bank sale. They give you the conditions of sale and confirm the auction is going ahead.
- 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.
Source notice
Case No: 012983/2025 IN THE HIGH COURT OF SOUTH AFRICA (GAUTENG DIVISION, PRETORIA) In the matter between: THE STANDARD BANK OF SOUTH AFRICA LIMITED (Registration No: 1962/000738/06), Execution Creditor/Plaintiff and THABANG JACOB NAKELI (Identity Number: 840626 5670 084), Execution Debtor/ Defendant NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 03 SEPTEMBER 2026, 10:00, SHERIFF PRETORIA SOUTH WEST at AZANIA BUILDING, COR ISCOR AVENUE & IRON TERRACE WEST PARK This is a sale in execution pursuant to a judgement obtained in the above Honourable Court on 17th OCTOBER 2025 in terms of which the following property will be sold in execution on 03RD SEPTEMBER 2026 at 10:00 by the SHERIFF PRETORIA SOUTH WEST at AZANIA BUILDING, COR ISCOR AVENUE & IRON TERRACE WEST PARK to the highest bidder with reserve of R600 000.00. ERF 5651, LOTUS GARDENS EXTENSION 2 TOWNSHIP, REGISTRATION DIVISION J.R., PROVINCE OF GAUTENG, MEASURING 299 (TWO HUNDRED AND NINETY NINE) SQUARE METRES, HELD BY DEED OF TRANSFER NUMBER T86289/2011, SUBJECT TO THE CONDITIONS THEREIN CONTAINED ("the property") SITUATED AT: 40 NGALA STREET, LOTUS GARDENS, LOTUS GARDENS EXT 2. ZONING: GENERAL RESIDENTIAL (NOTHING GUARANTEED). The following information is furnished but not guaranteed: MAINBUILDING: LOUNGE, KITCHEN, 2X BEDROOMS, BATHROOM (The nature, extent, condition and existence of the improvements are not guaranteed, and are sold "voetstoots"). The Purchaser shall in addition to the Auctioneer's commission, pay a deposit of 10% of the purchase price in cash or bank guarantee cheque on the day of the sale and the balance against transfer which shall be secured by a Bank or Building Society guarantee in a form acceptable to Plaintiff's conveyancers, which guarantee shall be delivered by the Purchaser to the Sheriff within twenty one (21) days from the date of the sale and shall provide for the payment of the full balance and any such interest payable as provided for hereunder. The Rules of this auction is available 24 hours before the auction at the office of the Sheriff of the High Court, SHERIFF PRETORIA SOUTH WEST. The office of the Sheriff for PRETORIA SOUTH WEST will conduct the sale. Advertising costs at current publication rates and sale costs according to court rules, apply. 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 i.r.o. proof of identity and address particulars. C) Payment of a Registration Fee of R50 000.00 in cash. D) Registration conditions. NB: In terms of Rule 46: 1 (8)(a)(iii) any interested party may not less than 25 days prior to the date of sale, submit to the Sheriff in writing further or amended conditions of sale; 2 (8)(d) any interested party may, not less than 10 days prior to the date of sale and on 24 hours notice to the execution creditor, the bondholder/s and all interested parties, apply to a magistrate of the district for any modification of the conditions of sale; The aforesaid sale shall be subject to the Conditions of Sale which may be inspected at the office of the Sheriff of the High Court, SHERIFF PRETORIA SOUTH WEST at AZANIA BUILDING, COR ISCOR AVENUE & IRON TERRACE WEST PARK. Dated at SANDTON, 14 JULY 2026. Attorneys for Plaintiff(s): STRAUSS DALY INC., Unit 801, 8th Floor, Illovo Point, 68 Melville Road, Illovo, Sandton, 2146. Tel: (010) 201-8600. Fax: -. Ref: S1663/9134. -.
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.