RepoLens
Sheriff sale in execution·Sectional title·Absa

2-bed sectional title in UNIT 87 RUIMSIG PALMS, 636 VAN VELDEN AVENUE, WILLOWBROOK EXT 18, ROODEPOORT, 1724and falls within the

·Gauteng
Reserve price
R 210 000
Auction date
11 Sept 2026 · 10:00

Is this reserve any good?

We compare this reserve against 5 other sectional-title units we have gazetted in Willowbrook, and against what the open market has actually done in the past year.

See the comparison

What comparable lots were reserved ati

Middle
••
Middle half
••

Drawn from 5 comparable sectional-title units in Willowbrook. Reserves on forced sales, not open-market valuations.

What a plan adds

Bond + transfer costs

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Your purchase
Property priceR 210 000
Drag or type the number below
Deposit10%
R 21 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 2 016
per month for 20 years
Total interest
R295k
Total repaid
R484k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 12 520
Bond registration
R 10 479
Deeds Office
R 1 000
Total upfront
R 23 999
All-in
Price plus every upfront cost you need at the deeds office
R 233 999

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 87 RUIMSIG PALMS, 636 VAN VELDEN AVENUE, WILLOWBROOK EXT 18, ROODEPOORT, 1724and falls within the Floor area 54 m². 2 bed, 1 bath. Foreclosing creditor: ABSA. Sale by Sheriff ROODEPOORT NORTH.

Propertyi

Bedrooms
2
Bathrooms
1
Lounges
••
Kitchens
••
Carports
••
Floor area
54 m²
Sale type
Sheriff sale in execution

Other sales in execution in Johannesburgi

What a plan adds

Auction details

Venue
182 Progress Road, Lindhaven, Roodepoort
Sheriff
Sheriff ROODEPOORT NORTH
When
11 Sept 2026 · 10:00

This auction is in 11 days.

Attorney

We hold the instructing attorney and their phone number and the case number for this sale, read off the gazette notice.

They go out with the weekly digest on a plan. It is who you call to ask whether the sale is still going ahead, what is owed, and whether the bank will consider an offer before the auction date.

What a plan adds
More sale-in-execution listings: Johannesburg · Absa · Gauteng

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 address, the reserve and the auction date. A paid subscription only adds more watches, the case number and attorney inside the email itself, and where the reserve sits among comparable lots. We publish what's up for auction; we don't sell it.
  2. You buy at the sheriff's auction, not from us. The instructing attorney named on the gazette notice gives you the conditions of sale and confirms whether the auction is still going ahead. Their details go out with the weekly digest on a plan.
  3. You can try to buy it before the auction. A sale in execution can be stopped by a private sale, but it needs both the owner and the bank to agree, and the number that decides it is the settlement figure — which the bank holds and we do not. The route is the instructing attorney above: quote the case number and their reference and ask whether the bank will consider an offer before the sale date. It often comes to nothing. It costs a phone call to find out, and most buyers never ask.
  4. 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. 55244, 28 August 2026

This listing comes from a sale-in-execution notice published in the Government Gazette (Government Gazette No. 55244, 28 August 2026), 647 words long. It carries the instructing attorney and the case number, which we send to subscribers with the weekly digest.

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.