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Sheriff sale in execution·Sectional title·Nedbank

2-bed sectional title in 92 On New Erand Gardens, 242 Blue Hills, Carlswald Ah, Midrand

·Gauteng
Reserve price
R 550 000
Verified today
Auction date
25 Aug 2026 · 11:00
Case
089446/2023

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Your purchase
Property priceR 550 000
Drag or type the number below
Deposit10%
R 55 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 5 279
per month for 20 years
Total interest
R772k
Total repaid
R1.3m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 16 550
Bond registration
R 13 845
Deeds Office
R 1 000
Total upfront
R 31 395
All-in
Price plus every upfront cost you need at the deeds office
R 581 395

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

92 On New Erand Gardens, 242 Blue Hills, Carlswald Ah, Midrand Floor area 60 m². 2 bed, 1 bath. Foreclosing creditor: NEDBANK. Sale by Sheriff of the High Court HALFWAY HOUSE-ALEXANDRA.

Property

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

Auction details

Venue
THE SHERIFF’S OFFICE, HALFWAY HOUSE-ALEXANDRA: UNIT 10 INNOVATION WORX, 90 RICHARDS DRIVE, HALFWAY HOUSE
Sheriff
Sheriff of the High Court HALFWAY HOUSE-ALEXANDRA
When
25 Aug 2026 · 11:00

Attorney

Firm
VELILE TINTO & ASSOCIATES INC.
Phone
(012) 807 3366
Ref
L4558/DBS/S BALKISHUN/KM
Case
089446/2023

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 VELILE TINTO & ASSOCIATES INC. on (012) 807 3366 — quote ref L4558/DBS/S BALKISHUN/KM 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. 55117, 7 August 2026

Case No: 089446/2023 IN THE HIGH COURT OF SOUTH AFRICA (GAUTENG DIVISION, JOHANNESBURG) IN THE MATTER BETWEEN: NEDBANK LIMITED, Plaintiff and KEVIN TLHOLO LETSOALO, Defendant NOTICE OF SALE IN EXECUTION 25 AUGUST 2026, 11:00, THE SHERIFF’S OFFICE, HALFWAY HOUSE-ALEXANDRA: UNIT 10 INNOVATION WORX, 90 RICHARDS DRIVE, HALFWAY HOUSE In pursuance of judgments granted by this Honourable Court on 5 FEBRUARY 2025 and 22 APRIL 2026, and a Warrant of Execution issued on 14 FEBRUARY 2025, the undermentioned immovable property will be sold in execution subject to a reserve price in the amount of R550 000.00, by the Sheriff of the High Court HALFWAY HOUSE-ALEXANDRA at THE SHERIFF'S OFFICE, HALFWAY HOUSE- ALEXANDRA: UNIT 10 INNOVATION WORX, 90 RICHARDS DRIVE, HALFWAY HOUSE on 25 AUGUST 2026 at 11H00, to the highest bidder. Full Conditions of Sale may be inspected at the offices of the SHERIFF OF THE HIGH COURT, HALFWAY HOUSE-ALEXANDRA: SAME AS ABOVE, whom shall hold the sale and shall read out the Conditions of sale prior to the sale in execution. The Sheriff, Execution Creditor and/or the Execution Creditor's Attorneys do not give any warranties with regard to the description and/or improvements of the immovable property. A UNIT CONSISTING OF - (a) SECTION NO. 242 AS SHOWN AND MORE FULLY DESCRIBED ON SECTIONAL PLAN NO. SS 21 0392 IN THE SCHEME KNOWN AS 92 ON NEW IN RESPECT OF THE LAND AND BUILDING OR BUILDINGS SITUATED AT ERAND GARDENS EXTENSION 130 TOWNSHIP, LOCAL AUTHORITY: CITY OF JOHANNESBURG OF WHICH SECTION THE FLOOR AREA, ACCORDING TO THE SAID SECTIONAL PLAN, IS 60 (SIXTY) SQUARE METRES IN EXTENT; AND (b) 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 BY DEED OF TRANSFER NUMBER ST63046/2021 AND SUBJECT TO SUCH CONDITIONS AS SET OUT IN THE AFORESAID DEED (also known as: 92 ON NEW ERAND GARDENS, 242 BLUE HILLS, CARLSWALD AH, MIDRAND, GAUTENG) MAGISTERIAL DISTRICT: JOHANNESBURG 94 No. 55117 GOVERNMENT GAZETTE, 07 AUGUST 2026 ZONING: RESIDENTIAL IMPROVEMENTS: (Not Guaranteed) MAIN BUILDING: SINGLE STOREY IN A SIMPLEX, WALLS: BLOCK, ROOF: TILES, FLOORS: TILES, ROOMS: LOUNGE, DINING ROOM, 2 BEDROOMS, 1 BATHROOM, 1 SHOWER, KITCHEN, 1 TOILET TAKE FURTHER NOTICE THAT: 1. The Sale will be augmented with a timed online sale commencing on the Thursday prior to the live sale at 11H00. 2. The highest bid obtained will then serve as the opening bid at the live and online sale. 3. Should no higher offer be achieved at the live auction, the highest bid made during the timed auction shall be viewed as the highest and final bid. 4. Registration for participation on webcast auction at shha.online. 5. All terms and conditions available on shha.online or at Unit 10 Innovation Worx, 90 Richards Drive, Halfway House, Midrand. 6. The registration fee for the buyers will be R50 000.00. Dated at PRETORIA, 16 JULY 2026. Attorneys for Plaintiff(s): VELILE TINTO & ASSOCIATES INC., TINTO HOUSE, CNR SOLOMON MAHLANGU (PREVIOUSLY HANS STRIJDOM) & DISSELBOOM STREETS, WAPADRAND. Tel: (012) 807 3366. Fax: 086 206 8695. Ref: L4558/DBS/S BALKISHUN/KM. -.

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.