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Sheriff sale in execution·Sectional title·Absa

2-bed sectional title in UNIT 117 CANDLEWOOD CRESCENT, 589 TRICHARDTS ROAD, RAVENSWOOD, BOKSBURG, 1459 and falls within the

·Gauteng
Reserve price
R 420 000
Verified today
Auction date
14 Aug 2026
Case
2024/105521

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Your purchase
Property priceR 420 000
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Deposit10%
R 42 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 4 031
per month for 20 years
Total interest
R589k
Total repaid
R967k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 15 040
Bond registration
R 12 558
Deeds Office
R 1 000
Total upfront
R 28 598
All-in
Price plus every upfront cost you need at the deeds office
R 448 598

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

UNIT 117 CANDLEWOOD CRESCENT, 589 TRICHARDTS ROAD, RAVENSWOOD, BOKSBURG, 1459 and falls within the Floor area 52 m². 2 bed, 1 bath. Foreclosing creditor: ABSA. Sale by Sheriff BOKSBURG.

Property

Bedrooms
2
Bathrooms
1
Floor area
52 m²
Sale type
Sheriff sale in execution

Auction details

Venue
182 LEEUWPOORT STREET, BOKSBURG
Sheriff
Sheriff BOKSBURG
When
14 Aug 2026

Attorney

Phone
011-292-5777
Case
2024/105521

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 Sheriff BOKSBURG 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. 55118, 31 July 2026

Case No: 2024/105521 DX 31 SANDTON SQUARE IN THE HIGH COURT OF SOUTH AFRICA (Gauteng Local Division, Johannesburg) In the matter between: Absa Home Loans Guarantee Company (RF) Pty Limited, First Judgment Creditor; and Absa Bank Limited, Second Judgment Creditor, and Mpho Rambuda, Judgment Debtor NOTICE OF SALE IN EXECUTION 2026-08-14, 09:30, 182 Leeuwpoort Street, Boksburg This is a sale in execution pursuant to a judgment obtained in the above Honourable Court dated 18 JUNE 2025, in terms of which the below property will be sold in execution by the Sheriff BOKSBURG on 14 AUGUST 2026, at 09:30, at 182 LEEUWPOORT STREET, BOKSBURG, to the highest bidder subject to a court reserve price of R420 000.00. A Unit consisting of - (a) Section No. 117 as shown and more fully described on Sectional Plan No. SS39/2021, in the scheme known as CANDLEWOOD CRESCENT in respect of the land and building or buildings situated at RAVENSWOOD EXTENSION 74 TOWNSHIP, LOCAL AUTHORITY: CITY OF EKURHULENI METROPOLITAN MUNICIPALITY of which section the floor area, according to the said sectional plan, is 52 (FIFTY-TWO) 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 ST32377/2022 AND SUBJECT TO SUCH CONDITIONS AS SET OUT IN THE AFORESAID DEED which is certain, and is zoned as a residential property inclusive of the following: MAIN BUILDING: 26  No. 55118 GOVERNMENT GAZETTE, 31 July 2026 2 bedrooms, 1 bathroom, 1 lounge and 1 kitchen. WHICH CANNOT BE GUARANTEED. The property is situated at: UNIT 117 CANDLEWOOD CRESCENT, 589 TRICHARDTS ROAD, RAVENSWOOD, BOKSBURG, 1459 and falls within the Magisterial District of EKURHULENI. The Purchaser shall in addition to the Sheriff's commission, which is 6% (six percent) on the first R100 000.00 (One Hundred Thousand Rand) of the proceeds of the sale and thereafter 3.5% (Three comma Five percent) on R100 001.00 (One Hundred Thousand and One Rand) to R400 000.00 (Four Hundred Thousand Rand) and 1.5% (One point Five percent) on the balance of the proceed of the Sale plus VAT, subject to a maximum commission of R40 000.00 plus VAT in total and a minimum of R3 000.00 plus VAT, pay a deposit of 10% of the purchase price in cash or bank guarantee cheque or EFT into the Sheriff's trust account immediately upon closing of the bid and the balance against transfer which shall be secured by a Bank or Building Society guarantee in a form acceptable to Judgment Creditor's conveyancers, which guarantee shall be delivered by the Purchaser to the Sheriff within (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 will be available at least 24 hours before the auction at the office of the Sheriff BOKSBURG at 182 LEEUWPOORT STREET, BOKSBURG. Registration as a buyer is a pre-requisite subject to conditions including, inter alia: 1. Directive of the Consumer Protection Act 68 of 2008. (URLhttp://www.info.gov.za/view/DownloandFile Action?id=99961). 2. FICA - legislation i.r.o. proof of identity and address particulars. 3. Payment of a Registration Fee as required by the Sheriff. 4. Registration conditions. The aforesaid sale shall be subject to the provisions of the Consumer Protection Act 68 of 2008 and Conditions of Sale which may be inspected at the office of the Sheriff BOKSBURG at 182 LEEUWPOORT STREET, BOKSBURG during normal office hours from Monday to Friday. Dated at: Johannesburg, 2026-06-22. Lowndes Dlamini, 1st floor, 56 Wierda Road East, Wierda Valley, Sandton, Tel. 011-292-5777, Fax. 011-2925775, Ref. M ROOS/NM/MAT38318, Acc. The Citizen.

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.