RepoLens
Sheriff sale in execution·Sectional title·Absa

2-bed sectional title in Unit 82 Monument Park, 72 Adolf Schneider Avenue, Krugersdorp North, Krugersdorp

·Gauteng
Reserve price
R 175 000
Verified today
Auction date
01 Sept 2026 · 10:00
Case
2023-047933

Is this reserve any good?

We compare this reserve against 323 other sectional-title units we have gazetted in Gauteng, 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 175 000
Drag or type the number below
Deposit10%
R 17 500
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 1 680
per month for 20 years
Total interest
R246k
Total repaid
R403k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 12 100
Bond registration
R 10 133
Deeds Office
R 460
Total upfront
R 22 693
All-in
Price plus every upfront cost you need at the deeds office
R 197 693

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 82 Monument Park, 72 Adolf Schneider Avenue, Krugersdorp North, Krugersdorp Floor area 90 m². 2 bed, 1 bath. Foreclosing creditor: ABSA.

Property

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

Auction details

Venue
Old Absa Building Ground Floor, Cnr Human & Kruger Streets, Krugersdorp Central TAKE NOTICE that
When
01 Sept 2026 · 10:00

Attorney

Firm
Smit Sewgoolam Inc
Phone
011 646 0006
Ref
JE/JA/MAT44660
Case
2023-047933

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 Smit Sewgoolam Inc on 011 646 0006 — quote ref JE/JA/MAT44660 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. 55170, 14 August 2026

Case No: 2023-047933 DOCEX 125, JHB IN THE HIGH COURT OF SOUTH AFRICA (Gauteng Local Division, Johannesburg) In the matter between: ABSA BANK LIMITED, FIRST PLAINTIFF and ABSA HOME LOANS GUARANTEE COMPANY (RF) PTY LTD, SECOND PLAINTIFF and TENDAI WAPINDUKA, Defendant NOTICE OF SALE IN EXECUTION 01 SEPTEMBER 2026, 10:00, Old Absa Building Ground Floor, Cnr Human & Kruger Streets, Krugersdorp Central TAKE NOTICE that in pursuance of a Judgment of the above Honourable Court in the above case on 27 AUGUST 2025 and in execution of a Writ of Execution of immovable property, the following property will be sold by the Sheriff of the High Court for the district of KRUGERSDORP on 01 SEPTEMBER 2026 at 10:00 at OLD ABSA BUILDING GROUND FLOOR, CNR HUMAN & KRUGER STREETS, KRUGERSDORP CENTRAL, to the highest bidder, subject to a reserve price of R175 000.00: CERTAIN: SECTION NO. 82 as shown and more fully described on Sectional Plan no. SS90/1996 in the scheme known as MONUMENT PARK in respect of the land and building or buildings situate at KRUGERSDORP TOWNSHIP, Local Authority: MOGALE CITY LOCAL MUNICIPALITY of which section the 70 No. 55170 GOVERNMENT GAZETTE, 14 AUGUST 2026 floor area, according to the said sectional plan, is 90 (ninety) square metres in extent, 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 ST40799/2019; SITUATE AT: UNIT 82 MONUMENT PARK, 72 ADOLF SCHNEIDER AVENUE, KRUGERSDORP NORTH, KRUGERSDORP; ZONING: SPECIAL RESIDENTIAL (NOTHING GUARANTEED); IMPROVEMENTS: The following information is furnished but not guaranteed: The property situated at UNIT 82 MONUMENT PARK, 72 ADOLF SCHNEIDER AVENUE, KRUGERSDORP NORTH, KRUGERSDORP consists of: 1 x Entrance Hall, 1 x Lounge, 1 x Kitchen, 2 x Bedrooms, 1 x Bathroom and 1 x Single Carport (The nature, extent, condition and existence of the improvements are not guaranteed); The Purchaser shall in addition to the Sheriff's commission, which is 6% (Six Percent) on the first R100 000.00, 3.5% on R100 001.00 to R400 000.00 and 1.5% on the balance of the proceeds of the sale up to a maximum fee of R40 000.00 (Forty Thousand Rand) in total and a minimum of R3 000.00 (Three Thousand Rand), 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 guarantee in a form acceptable to Plaintiff'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. Possession of the property may be taken once the purchaser has complied with the Conditions of Sale, including payment of the deposit and furnishing of the required guarantee. The purchaser shall be liable for occupational rental calculated at 1% of the purchase price per month, from the date of possession. The Rules of this auction are available 24 hours before the auction at the office of the SHERIFF KRUGERSDORP, OLD ABSA BUILDING, GROUND FLOOR, CORNER OF KRUGER & HUMAN STREETS, KRUGERSDORP CENTRAL. The SHERIFF KRUGERSDORP will conduct the sale. Registration as a buyer is a pre-requisite subject to conditions, inter alia: A) Directive of the Consumer Protection Act 68 of 2008. (URLhttp://www.info.gov.za/view/ DownloadFileAction?id=99961) B) FICA - legislation i.r.o. proof of identity and address particulars. C) Payment of a Registration Fee. D) Registration conditions of the Consumer Protection Act 68 of 2008. The aforesaid sale shall be subject to the Conditions of Sale which may be inspected at the office of the SHERIFF KRUGERSDORP, OLD ABSA BUILDING, GROUND FLOOR, CORNER OF KRUGER & HUMAN STREETS, KRUGERSDORP CENTRAL, during normal office hours Monday to Friday, Tel: 011 953 4071, or at the offices of the attorneys acting for the Execution Creditors/Plaintiffs: SMIT SEWGOOLAM INC., 12 AVONWOLD ROAD, CNR JAN SMUTS AVENUE, SAXONWOLD, JOHANNESBURG, TEL 011 646 0006 (REF: JE/JA/MAT44660). Dated at JOHANNESBURG, 09 JULY 2026. Attorneys for Plaintiff(s): Smit Sewgoolam Inc, 12 Avonwold Road, Cnr Jan Smuts Avenue, Private Bag 836, Saxonwold, Johannesburg. Tel: 011 646 0006. Fax: 011 646 0016. Ref: JE/JA/MAT44660.

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.