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Sheriff sale in execution·Sectional title·Absa

2-bed sectional title in Section 19 Ss President Place, Corner Louise Trichardt & Second Anvenue, Alberton North

·Gauteng
Reserve price
R 140 000
Verified today
Auction date
26 Aug 2026 · 09:00
Case
135211/2024

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Your purchase
Property priceR 140 000
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Deposit10%
R 14 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 1 344
per month for 20 years
Total interest
R196k
Total repaid
R322k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 11 680
Bond registration
R 9 786
Deeds Office
R 460
Total upfront
R 21 926
All-in
Price plus every upfront cost you need at the deeds office
R 161 926

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

Section 19 Ss President Place, Corner Louise Trichardt & Second Anvenue, Alberton North Floor area 89 m². Erf size 18 m². 2 bed, 1 bath. Foreclosing creditor: ABSA. Sale by Sheriff of the High Court SHERIFF OF PALM RIDGE.

Property

Bedrooms
2
Bathrooms
1
Floor area
89 m²
Erf size
18 m²
Sale type
Sheriff sale in execution

Auction details

Venue
SHERIFF OF THE COURT, PALM RIDGE: 39A LOUIS TRICHARDT AVENUE, ALBERTON NORTH
Sheriff
Sheriff of the High Court SHERIFF OF PALM RIDGE
When
26 Aug 2026 · 09:00

Attorney

Firm
VELILE TINTO & ASSOCIATES INC.
Phone
(012) 807 3366
Ref
U26223/ DBS/ S BALKISHUN/ NA
Case
135211/2024

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 VELILE TINTO & ASSOCIATES INC. on (012) 807 3366 — quote ref U26223/ DBS/ S BALKISHUN/ NA 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.

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Source notice — Government Gazette No. 55117, 7 August 2026

Case No: 135211/2024 DOCEX 178, PRETORIA IN THE HIGH COURT OF SOUTH AFRICA (GAUTENG DIVISION, PRETORIA) IN THE MATTER BETWEEN: ABSA BANK LIMITED, Plaintiff and HLUPHEKILE PRINCESS CLEMENTS N.O. (ESTATE LATE MOSES BANZI NDALA), Defendant NOTICE OF SALE IN EXECUTION 26 AUGUST 2026, 09:00, SHERIFF OF THE COURT, PALM RIDGE: 39A LOUIS TRICHARDT AVENUE, ALBERTON NORTH In pursuance of a judgment granted by this Honourable Court on 15 JANUARY 2026, and a Warrant of Execution soon thereafter, the undermentioned immovable property will be sold in execution subject to a reserve price in the amount of R140 000,00 by the Sheriff of the High Court SHERIFF OF PALM RIDGE, to the highest bidder. Full Conditions of Sale may be inspected at the offices of the SHERIFF OF THE HIGH COURT, SHERIFF OF PALM RIDGE: whom shall hold the sale and shall read out the Conditions of sale prior to the sale in execution. The Sheriff, Execution Creditor and/or the Execution Creditor's Attorneys do not give any warranties with regard to the description and/or improvements of the immovable property. (1) A UNIT CONSISTING OF - (A) SECTION NO. 19 AS SHOWN AND MORE FULLY DESCRIBED ON SECTIONAL PLAN NO. SS177/1994, IN THE SCHEME KNOWN AS PRESIDENT PLACE IN RESPECT OF THE LAND AND BUILDING OR BUILDINGS SITUATED AT ALBERTON TOWNSHIP; LOCAL AUTHORITY : CITY OF EKURHULENI METROPOLITAN MUNICIPALITY OF WHICH SECTION THE FLOOR AREA, ACCORDING TO THE SAID SECTIONAL PLAN, IS 89 (EIGHTY 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 ST 48068/2021 AND SUBJECT TO SUCH CONDITIONS AS SET OUT IN THE AFORESAID DEED (2) AN EXCLUSIVE USE AREA DESCRIBED AS PARKING P14 MEASURING 18 (EIGHTEEN) SQUARE METRES BEING AS SUCH PART OF THE COMMON PROPERTY, COMPRISING THE LAND AND THE SCHEME KNOWN AS PRESIDENT PLACE IN RESPECT OF THE LAND AND BUILDING OR BUILDINGS SITUATED AT ALBERTON TOWNSHIP, LOCAL AUTHORITY: CITY OF EKURHULENI METROPOLITAN MUNICIPALITY, AS SHOWN AND MORE FULLY DESCRIBED ON SECTION PLAN NO. SS177/1994 HELD BY NOTARIAL DEED OF CESSION NUMBER SK2874/2021 AND SUBJECT TO SUCH CONDITIONS AS SET OUT IN THE AFORESAID NOTARIAL DEED OF CESSION (also known as: SECTION 19 SS PRESIDENT PLACE, CORNER LOUISE TRICHARDT & SECOND ANVENUE, ALBERTON NORTH) MAGISTERIAL DISTRICT: EKURHULENI ZONING: RESIDENTIAL IMPROVEMENTS: (Not Guaranteed) MAIN DWELLING, E/HALL, LOUNGE, DINING, KITCHEN, 2 BEDROOMS, 1 BATHROOM TAKE FURTHER NOTICE THAT: 1.The Sale in Execution is conducted in accordance with the Consumer Protection Act 68 of 2008, as amended, pursuant to an order granted against the Judgment Debtor for money owing to the Execution Creditor. 2.The auction will be conducted by the Sheriff for Palm Ridge, Mr Ian Burton, or his Deputy. 3.Advertising costs at current publication rates and sale costs according to court rules, apply. 4.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) 5.Auction Terms and Conditions and the Conditions of Sale may be inspected at the office of the Sheriff for Palm Ridge, 39a Louis Trichardt Street, Alberton North, 24 hours prior to the auction. 6.All bidders are required to present their Identity Document together with their proof of residence for FICA compliance. All bidders are required to pay R25 000.00 (PHYSICAL AUCTION) / R40 000.00 (ONLINE AUCTION) (refundable) registration fee prior to the commencement of the auction in order to 68 No. 55117 GOVERNMENT GAZETTE, 07 AUGUST 2026 obtain a buyers card. 7.The Purchaser shall pay the Sheriff a deposit of 10 (ten) per cent of the purchase price in cash or by bank guaranteed cheque or by electronic transfer on the day of the sale. 8.The balance shall be paid against transfer and shall be secured by a guarantee issued by a financial institution approved by the execution creditor or his or her attorney, and shall be furnished to the Sheriff within 21 (twenty one) days after the sale. 9.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 conditions.10.Should the Purchaser receive possession of the property, the Purchaser shall be liable for occupational rental at the rate of 1% of the purchase price per month from date of transfer. Dated at PRETORIA, 16 JULY 2026. Attorneys for Plaintiff(s): VELILE TINTO & ASSOCIATES INC., TINTO HOUSE, CNR SOLOMON MAHLANGU (PREVIOUSLY HANS STRIJDOM) & DISSELBOOM STREETS, WAPADRAND. Tel: (012) 807 3366. Fax: 086 206 8695. Ref: U26223/ DBS/ S BALKISHUN/ NA. -.

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.