RepoLens
Sheriff sale in execution·Sectional title·Absa

2-bed sectional title in Ekurhuleni, Gauteng

·Gauteng
Reserve price
R 185 000
Verified today
Auction date
17 Aug 2026 · 11:30
Case
117357-2025

Is this reserve any good?

We compare this reserve against 55 other sectional-title units we have gazetted in Ekurhuleni, and against what the open market has actually done in the past year.

See the comparison

Bond + transfer costs

Open full calculator →
Your purchase
Property priceR 185 000
Drag or type the number below
Deposit10%
R 18 500
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 1 776
per month for 20 years
Total interest
R260k
Total repaid
R426k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 12 220
Bond registration
R 10 232
Deeds Office
R 460
Total upfront
R 22 912
All-in
Price plus every upfront cost you need at the deeds office
R 207 912

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

Floor area 67 m². Erf size 14 m². 2 bed, 1 bath. Foreclosing creditor: ABSA. Sale by Sheriff GERMISTON SOUTH.

Property

Bedrooms
2
Bathrooms
1
Floor area
67 m²
Erf size
14 m²
Sale type
Sheriff sale in execution

Auction details

Sheriff
Sheriff GERMISTON SOUTH
When
17 Aug 2026 · 11:30

Attorney

Firm
Hammond Pole Majola Inc C/o NVG Attorneys
Phone
0118741800
Ref
MAT464517/LC/AP
Case
117357-2025

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 Hammond Pole Majola Inc C/o NVG Attorneys on 0118741800 — quote ref MAT464517/LC/AP 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.

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.
Bond calculator

Get an email when new Gauteng repossessions like this appear

One email per week, listing new sale-in-execution notices that match this filter. One-click unsubscribe in every email.

We use your email only to send these alerts. Unsubscribe at any time. Hosted by Tunelo in South Africa.

Source notice — Government Gazette No. 55161, 31 July 2026

Case No: 117357-2025 IN THE HIGH COURT OF SOUTH AFRICA (GAUTENG DIVISION, PRETORIA) In the matter between: ABSA Home Loans Guarantee Company (RF) Pty Ltd, 1st Judgment Creditor and ABSA Bank Limited, 2nd Judgement Creditor and Fernand Teboho Maepa, 1st Judgment Debtor and Ntsekiseng Sharon Maepa, 2nd Judgment Debtor NOTICE OF SALE IN EXECUTION 2026-08-17, 11:30, 29 1st Avenue, Edenvale IN Execution of a Judgment of the High Court of South Africa, (Gauteng Division, Pretoria) in the abovementioned suit, the Property shall be sold by the Sheriff GERMISTON SOUTH to the highest bidder SUBJECT TO A RESERVE PRICE OF R185 000.00 and will be held at 29 1ST AVENUE, EDENVALE on 17 AUGUST 2026 at 11H30 of the undermentioned property of the Execution Debtors on the conditions which may be inspected at 29 1ST AVENUE, EDENVALE, prior to the sale. 16  No. 55161 GOVERNMENT GAZETTE, 31 July 2026 1. A UNIT CONSISTING OF: (a) SECTION NO. 6 as shown and more fully described on Sectional Plan No. SS77/1996 in the scheme known as KINGS LODGE in respect of the land and building or buildings situate at SOUTH GERMISTON TOWNSHIP, LOCAL AUTHORITY: GERMISTON TOWN COUNCIL, of which section the floor area, according to the said sectional plan, is 67 (SIXTY SEVEN) square metres in extent; (b) and 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 under Deed of Transfer No. ST16132/2020 AND SUBJECT TO SUCH CONDITIONS AS SET OUT IN THE AFORESAID DEED 2. An exclusive use area described as PARKING BAY P6 measuring 14 (FOURTEEN) SQUARE METRES being as such part of the common property comprising the land and scheme known as KING LODGE in respect of the land and building or buildings situated at SOUTH GERMISTON TOWNSHIP, LOCAL AUTHORITY: CITY OF EKURHULENI METROPOLITAN MUNICIPALTY, as shown and more fully described in Sectional Plan No. SS77/1996 held by NOTARIAL DEED OF CESSION NUMBER SK948/2020 AND SUBJECT TO SUCH CONDITIONS AS SET OUT IN THE AFORESAID NOTARIAL DEED OF CESSION situated at UNIT 6 KINGS LODGE, 6 KING STREET, GERMISTON SOUTH. Situated in the Magisterial District of GERMISTON SOUTH. The following information is furnished re the improvements, though in this respect nothing is guaranteed and no warranties are given in respect thereof. It is the buyers' responsibility to verify what is contained herein. MAIN BUILDING: LOUNGE, KITCHEN, 2 BEDROOMS, 1 BATHROOM. OUTSIDE BUILDINGS: NONE. SUNDRIES: NONE. All prospective purchasers will be required to register as such in terms of the Consumer Protection Act 68 of 2008 and will be required to provide proof of identity and address and to comply with the sheriff's registration conditions. The rules of the Auction and conditions of sale are available at the office of the sheriff as set out above. Dated at HP Majola Inc, Boksburg, 2026-06-26. Attorneys for Plaintiff(s): Hammond Pole Majola Inc C/o NVG Attorneys, Menlo Law Chambers, No 49 11th Street, Menlo Park, Pretoria. Telephone: 0118741800. Fax: 0866781356. Ref: MAT464517/LC/AP. Attorney Acct: HP Majola Inc, Boksburg. _____________________________________________________________________________________________

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.