RepoLens
Sheriff sale in execution·Sectional title·Levy sale · THE BODY CORPORATE OF GREENSTONE GATE SECTION SCHEME

2-bed sectional title in South Africa

Address omitted from gazette notice·Unknown
Reserve price
R 600 000
This is not the likely cost. The body corporate is selling to recover arrear levies. Those levies must be cleared before the property can transfer, and can exceed the reserve. This notice does not state the amount — ask the attorney for it, and get the sheriff's conditions of sale, which decide who pays.
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Auction date
03 Sept 2026 · 10:00

Is this reserve any good?

We compare this reserve against 15 other sectional-title units we have gazetted in Unknown, 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 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

2 bed, 2 bath.

Property

Bedrooms
2
Bathrooms
2
Sale type
Sheriff sale in execution

Auction details

When
03 Sept 2026 · 10:00

Attorney

Firm
OTTO KRAUSE INCORPORATED ATTORNEYS
Phone
0116752881
Ref
PHILIP

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 OTTO KRAUSE INCORPORATED ATTORNEYS on 0116752881 — quote ref PHILIP. 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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Source notice

Case No: 6408 OF 2023 DX 61 JOHANNESBURG IN THE MAGISTRATE’S COURT FOR THE SUB-DISTRICT KEMPTON PARK HELD AT KEMPTON PARK In the matter between: THE BODY CORPORATE OF GREENSTONE GATE SECTION SCHEME, Plaintiff and NTELEZI, VICTORIA & NTELEZI, FIDELIS, Defendants NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 03 SEPTEMBER 2026, 10:00, 5 ANEMOON STREET, GLEN MARAIS EXT 1, KEMPTON PARK SECTION 241 GREENSTONE GATE, situate at UNIT 271 GREENSTONE GATE, 10 HEREFORED ORAD, GREENSTONE HILL, GREENSTONE PARK EXT 3. Held under Deed of Transfer ST65537/2015 THE FOLLOWING INFORMATION REGARDING THE PROPERTY IS FURNISHED BUT IN THIS RESPECT NOTHING IS GUARANTEED: DESCRIPTION: SECTIONAL TITLE UNIT IMPROVEMENTS: 2 BEDROOMS, 2 BATHROOMS, TV/LIVING ROOM, KITCHEN & CARPORT ZONING: RESIDENTIAL THAT the property will be sold to the highest bidder with a reserve price of R600 000.00 and the purchaser must deposit 10% on the day of the sale and furnish guarantees for the balance within 30 days payable against registration of transfer. Dated at ROODEPOORT, 14 JULY 2026. Attorneys for Plaintiff(s): OTTO KRAUSE INCORPORATED ATTORNEYS, C9, CLEARVIEW OFFICE PARK, 77 WILHEMINA STREET, ALLENSNEK, ROODEPOORT. Tel: 0116752881. Fax: 0116752889. Ref: PHILIP ROOS/ee/MAT46169. OTTO KRAUSE INC ATTORNEYS.

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.