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Sheriff sale in execution·Sectional title·Nedbank

2-bed sectional title in Johannesburg, Gauteng

·Gauteng
Reserve price
R 415 000
Verified today
Auction date
18 Aug 2026 · 11:00
Case
2025/028326

Bond + transfer costs

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Your purchase
Property priceR 415 000
Drag or type the number below
Deposit10%
R 41 500
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 3 983
per month for 20 years
Total interest
R582k
Total repaid
R956k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 14 980
Bond registration
R 12 509
Deeds Office
R 1 000
Total upfront
R 28 489
All-in
Price plus every upfront cost you need at the deeds office
R 443 489

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 66 m². 2 bed, ? bath. Foreclosing creditor: NEDBANK. Sale by Sheriff Randburg West.

Property

Bedrooms
2
Floor area
66 m²
Sale type
Sheriff sale in execution

Auction details

Venue
Sheriff Randburg West, Unit C1 Mount Royal, 657 James Crescent, Halfway House, Midrand
Sheriff
Sheriff Randburg West
When
18 Aug 2026 · 11:00

Attorney

Firm
Rossouws Lesie Inc.
Phone
(011)7269000
Ref
M0030777/N Roets/R Beetge
Case
2025/028326

How you buy this

  1. It's free, and there's no account. You don't register with RepoLens — everything here is free to view and there's no login. We publish what's up for auction; we don't sell it.
  2. You buy at the sheriff's auction, not from us. Contact Rossouws Lesie Inc. on (011)7269000 — quote ref M0030777/N Roets/R Beetge for the Nedbank 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. 55078, 31 July 2026

Case No: 2025/028326 IN THE HIGH COURT OF SOUTH AFRICA (Gauteng Local Division, Johannesburg) In the matter between: Nedbank Limited, Execution Creditor and Sindi Nkosi (Id No. 8805181051081), Judgment Debtor NOTICE OF SALE IN EXECUTION 18 AUGUST 2026, 11:00, Sheriff Randburg West, Unit C1 Mount Royal, 657 James Crescent, Halfway House, Midrand In execution of a judgment of the High Court of South Africa, Gauteng Local Division, Johannesburg in the abovementioned suit, a sale with a reserve price of R415000.00 will be held by the Sheriff Randburg West at Unit C1 Mount Royal, 657 James Crescent, Halfway House, Midrand on the 18th day of August 2026 at 11h00 of the undermentioned property of the Judgment Debtor on the conditions to be read out by the Auctioneer at the time of the sale, which conditions will lie for inspection, prior to the sale, at the offices of the Sheriff Randburg West, Unit C1 Mount Royal, 657 James Crescent, Halfway House, Midrand (short description of the property, situation and street number). Certain: A unit consisting of - Section No. 38 as shown and more fully described on Sectional Plan No. SS968/2007 in the scheme known as Anfield Close in respect of the land and building or buildings situate at Noordhang Extension 70 Township, Local Authority: City of Johannesburg of which section the floor area, according to the said sectional plan is 66 (Sixty Six) 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 No. ST23595/2022 and subject to such conditions as set out in the aforesaid Deed. Situated at: No. 38 Anfield Close, 16 Boxer Street, Noordhang Ext. 70. Improvements (none of which are guaranteed) consisting of the following: Main building: A duplex consisting of Lounge, Kitchen, Bathroom, 2 Bedrooms. Outbuildings: Carport. Constructed: Brick under tiles. Terms: 10% (ten percent) of the purchase price in cash on the day of the sale; the balance payable against registration of transfer to be secured by a bank or other acceptable guarantee to be furnished within 21 (twenty one) days from the date of sale. Auctioneers charges, payable on the day of sale, to be calculated as 30 No. 55078 GOVERNMENT GAZETTE, 31 JULY 2026 follows: 6% (six percent) on the first R100000.00; 3.5% on R100001.00 to R400000.00 and 1.5% on the balance of the proceeds of the sale, subject to a maximum commission of R40000.00 in total, plus VAT and and a minimum of R3000.00, plus VAT. TAKE NOTICE FURTHER THAT - 1) The sale in execution is conducted in accordance to the Consumer Protection Act 68 of 2008 as amended, in pursuance of an order granted against the Judgment Debtor for money owing to the Execution Creditor. 2) The rules of this auction and conditions of sale may be inspected at the Sheriff's office, Unit C1 Mount Royal, 657 James Crescent, Halfway House, Midrand, during office hours. 3) Registration as a buyer is a pre-requisite subject to conditions, inter alia: 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. All bidders are required to present their Identity Document with proof of residence for FICA compliance. C) All bidders are required to pay R50000.00 (refundable) registration fee one (1) day prior to the sale, EFT or bank guaranteed cheque, NO CASH ACCEPTED, in order to obtain a buyer's card. D) The Purchaser shall pay to the Sheriff a deposit of 10% of the purchase price via EFT or by bank guaranteed cheque on the day of the sale. The balance shall be paid against transfer and shall be secured by a guarantee issued by a financial institution approved by the execution creditor or his or her attorney and shall be furnished to the Sheriff within 21 (twenty one) days after the sale. E) The property may be taken possession of after signature of the conditions of sale, payment of the deposit and upon balance of the purchase price being secured in terms of condition 7.1 of the conditions of sale. F) Should the Purchaser receive possession of the property, the Purchaser shall be liable for occupational rental at the rate of 1% of the purchase price per month from the date of possession of the property to date of registration. The auction will be conducted by the Sheriff or his/her deputy. Advertising costs at current publication rates and sale costs according to court rules, apply. Dated at Johannesburg, 29 JUNE 2026. Attorneys for Plaintiff(s): Rossouws Lesie Inc., 8 Sherborne Road, Parktown, Johannesburg. Tel: (011)7269000. Fax: (011)7263855. Ref: M0030777/N Roets/R Beetge. -.

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.