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Sheriff sale in execution·Sectional title·Investec

2-bed sectional title in Sagewood, Johannesburg, Gauteng

·Gauteng
Reserve price
R 534 854
Verified today
Auction date
25 Aug 2026 · 11:00
Case
2025-111708

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Your purchase
Property priceR 534 854
Drag or type the number below
Deposit10%
R 53 485
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 5 133
per month for 20 years
Total interest
R751k
Total repaid
R1.2m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 16 383
Bond registration
R 13 695
Deeds Office
R 1 000
Total upfront
R 31 078
All-in
Price plus every upfront cost you need at the deeds office
R 565 933

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 70 m². 2 bed, 1 bath. Foreclosing creditor: INVESTEC. Sale by Sheriff Halfway House-Alexandra.

Property

Bedrooms
2
Bathrooms
1
Floor area
70 m²
Erf number
1634
Sale type
Sheriff sale in execution

Auction details

Venue
Sheriff Halfway House-Alexandra, Unit 10 innovation Worx, 90 Richards Drive, Halfway House, Midrand
Sheriff
Sheriff Halfway House-Alexandra
When
25 Aug 2026 · 11:00

Attorney

Firm
Adams & Adams
Phone
012-4326000
Ref
DP/AH/ek/BI107
Case
2025-111708

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 Adams & Adams on 012-4326000 — quote ref DP/AH/ek/BI107 for the Investec 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

Case No: 2025-111708 IN THE HIGH COURT OF SOUTH AFRICA (GAUTENG DIVISION, JOHANNESBURG) In the matter between: INVESTEC BANK LIMITED (Registration Number: 1969/004763/06), Applicant and ANTOINETTE NTOMBEZINHLE SIBONGILE LEPHEANE (Identity Number: 9508120206084), Respondent NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 25 AUGUST 2026, 11:00, Sheriff Halfway House-Alexandra, Unit 10 innovation Worx, 90 Richards Drive, Halfway House, Midrand This sale is a sale in execution pursuant to a judgment obtained in the above Honourable Court on 27 August 2025 in terms of which the following property will be sold in execution on 25 August 2026 at 11h00 before the Sheriff held at the offices of Sheriff Halfway House-Alexandra, Unit 10 Innovation Worx, 90 Richards Drive, Halfway House, Midrand to the highest bidder, subject to a reserve price of R534,854.10. PROPERTY DESCRIPTION: A unit consisting of - (a) Section Number 3015 as shown and more fully described on Sectional Plan Number SS 115/2021 in the scheme known as ADAGIO in respect of the land and building or buildings situated at REMIAINING EXTENT OF ERF 1634 SAGEWOOD EXTENSION 19 TOWNSHIP, LOCAL AUTHORITY: CITY OF JOHANNESBURG METROPOLITAN MUNICIPALITY, of which section the floor area according to the said sectional plan is 70 (Seventy) square metres in extent; and (b) an undivided share in and to 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 ST61174/2021 SUBJECT to the conditions therein contained and more especially subject to the conditions imposed by the developer in favour of CRESCENT GLADES HOME OWNERS ASSOCIATION NPC, Registration number 2005/043716/08 THE PROPERTY IS ZONED : RESIDENTIAL The property is situated at Unit 3015 Adagio, 34 Mozart Lane, Sagewood Ext. 19, Midrand, Johannesburg and consists of a sectional title unit situated on the 2 nd floor of a sectional title apartment with walls that are brick/block, the roof is tile, the floors are tiles with the rooms being a lounge, 2x bedrooms, kitchen,1x bathroom,1x shower, 1x toilet and 2x bathtubs. It also has 2x carports. (the nature, extent, condition and existence of the improvements are not guaranteed and are sold "voetstoots") ADDITIONS: None Take notice that: The conditions of sale will be read prior to the sale in execution by the Sheriff and may be inspected at the Sheriff Halfway House-Alexandra offices and/or at the offices of the Execution Creditor's attorney, Adams & Adams, Lynnwood Bridge, 4 Daventry Street, Lynnwood Manor, Pretoria. Take further notice that: 1. this sale is a sale in execution pursuant to a judgment obtained in the above court; 2. the Rules of this auction is available 24 hours before the auction at the office of the Sheriff Kimberley; 3. registration as a buyer, subject to certain conditions, is required i.e. A) directive of the Consumer Protection Act 68 of 2008 (URL http://www.info.gov.za/view/ DownloadFileAction?id=99961); B) FICA - legislation i.r.o. proof of identity and address particulars; C) payment of registration fee of R50,000.00 prior to participating in the sale; D) registration conditions; and 4. advertising costs at current publication tariffs and sale costs according to court rules will apply. Dated at PRETORIA, 21 JULY 2026. Attorneys for Plaintiff(s): Adams & Adams, Lynnwood Bridge, 4 Daventry Street, Lynnwood Manor, Pretoria. Tel: 012-4326000. Fax: -. Ref: DP/AH/ek/BI107. -.

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.