Sheriff sale in execution·Sectional title·Absa
2-bed sectional title in Johannesburg, Gauteng
Reserve price
R 346 000
Auction date
16 Jul 2026 · 10:00
Case
2024-111990
Bond + transfer costs
Open full calculator →Your purchase
Property priceR 346 000
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Deposit10%
R 34 600
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 3 321
per month for 20 years
Total interest
R486k
Total repaid
R797k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 14 152
Bond registration
R 11 825
Deeds Office
R 1 000
Total upfront
R 26 977
All-in
Price plus every upfront cost you need at the deeds office
R 372 977
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 44 m². 2 bed, 1 bath. Foreclosing creditor: ABSA.
Property
- Bedrooms
- 2
- Bathrooms
- 1
- Floor area
- 44 m²
- Sale type
- Sheriff sale in execution
Auction details
- Venue
- 2241 Cnr Rasmeni & Nkopi Street, Protea North TAKE NOTICE that
- When
- 16 Jul 2026 · 10:00
Attorney
- Firm
- Smit Sewgoolam Inc
- Phone
- 011 646-0006
- Ref
- JE/JA/MAT50434
- Case
- 2024-111990
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.
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.