RepoLens
Sheriff sale in execution·House·Nedbank

2-bed house in 1 Morningside Place, 1 St Avenue

·Gauteng
Reserve price
R 600 000
Verified today
Auction date
11 Aug 2026 · 09:00
Case
2023-123286

Bond + transfer costs

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Your purchase
Property priceR 600 000
Drag or type the number below
Deposit10%
R 60 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 5 759
per month for 20 years
Total interest
R842k
Total repaid
R1.4m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 17 100
Bond registration
R 14 300
Deeds Office
R 1 000
Total upfront
R 32 400
All-in
Price plus every upfront cost you need at the deeds office
R 632 400

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

1 Morningside Place, 1 St Avenue Floor area 92 m². 2 bed, 2 bath. Foreclosing creditor: NEDBANK. Sale by Sheriff Sandton South.

Property

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

Auction details

Venue
Sheriff Sandton South, 4 Riverview Park Road, Riverview Office Park, Halfway Gardens Extension 100
Sheriff
Sheriff Sandton South
When
11 Aug 2026 · 09:00

Attorney

Firm
Lowndes Dlamini Attorneys
Phone
(011) 292-5777
Ref
N GAMBUSHE/
Case
2023-123286

How you buy this

  1. It's free, and there's no account. You don't register with RepoLens — everything here is free to view and there's no login. We publish what's up for auction; we don't sell it.
  2. You buy at the sheriff's auction, not from us. Contact Lowndes Dlamini Attorneys on (011) 292-5777 — quote ref N GAMBUSHE/ for the Nedbank 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.

Know your total buy-in cost
Use the bond calculator above to estimate monthly instalments, transfer duty, and total costs at the current prime rate.
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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.