RepoLens
Sheriff sale in execution·Sectional title·Nedbank

2-bed sectional title in Johannesburg, Gauteng

·Gauteng
Reserve price
R 406 000
Verified today
Auction date
25 Aug 2026 · 11:00
Case
2024-027790

Is this reserve any good?

We compare this reserve against 148 other sectional-title units we have gazetted in Johannesburg, and against what the open market has actually done in the past year.

See the comparison

Bond + transfer costs

Open full calculator →
Your purchase
Property priceR 406 000
Drag or type the number below
Deposit10%
R 40 600
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 3 897
per month for 20 years
Total interest
R570k
Total repaid
R935k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 14 872
Bond registration
R 12 419
Deeds Office
R 1 000
Total upfront
R 28 291
All-in
Price plus every upfront cost you need at the deeds office
R 434 291

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 63 m². 2 bed, 2 bath. Foreclosing creditor: NEDBANK. Sale by Sheriff HALFWAY HOUSE /ALEXANDRA.

Property

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

Auction details

Venue
614 JAMES CRESCENT, HALFWAY HOUSE
Sheriff
Sheriff HALFWAY HOUSE /ALEXANDRA
When
25 Aug 2026 · 11:00

Attorney

Firm
Hammond Pole Majola Inc C/o VERMAAK & PARTNERS INC
Phone
0118741800
Ref
MAT457719/AVM/
Case
2024-027790

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 Hammond Pole Majola Inc C/o VERMAAK & PARTNERS INC on 0118741800 — quote ref MAT457719/AVM/ 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.

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.
Bond calculator

Get an email when new Gauteng repossessions like this appear

One email per week, listing new sale-in-execution notices that match this filter. One-click unsubscribe in every email.

We use your email only to send these alerts. Unsubscribe at any time. Hosted by Tunelo in South Africa.

Source notice

Case No: 2024-027790 IN THE HIGH COURT OF SOUTH AFRICA (GAUTENG DIVISION, JOHANNESBURG) In the matter between: NEDBANK LIMITED Judgement Creditor and MAMOTABUDI ANNALINA NHLAPO, Judgment Debtor NOTICE OF SALE IN EXECUTION 25 AUGUST 2026, 11:00, 614 JAMES CRESCENT, HALFWAY HOUSE IN Execution of a Judgment of the High Court of South Africa, (Gauteng Division, Johannesburg) in the abovementioned suit, the Property shall be sold by the Sheriff HALFWAY HOUSE /ALEXANDRA to the highest bidder subject to a reserve price of R406 000.00 and will be held at 614 JAMES CRESCENT , HALFWAY HOUSE on 25 AUGUST, 2026 at 11H00 of the undermentioned property of the Execution Debtor on the conditions which may be inspected at 614 JAMES CRESCENT , HALFWAY HOUSE, prior to the sale. A UNIT CONSISTING OF: (a) SECTION NO. 53 as shown and more fully described on Sectional Plan No. SS329/1998 in the scheme known as THE PALISADES in respect of the land and building or buildings situate at HALFWAY GARDENS EXTENSION 40 TOWNSHIP, LOCAL AUTHORITY: CITY OF JOHANNESBURG, of which section the floor area, according to the said sectional plan, is 63 (SIXTY THREE) 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. ST997/2007 situated at UNIT 53 THE PALISADES, 274 LE ROUX AVENUE, HALFWAY GARDENS EXT 40 Situated in the Magisterial District of HALFWAY HOUSE /ALEXANDRA. The following information is furnished re the improvements, though in this respect nothing is guaranteed and no warranties are given in respect thereof. It is the buyers' responsibility to verify what is contained herein. MAIN BUILDING: LOUNGE, 2 BEDROOMS, KITCHEN, 2 BATHROOM. OUTSIDE BUILDINGS: NONE. SUNDRIES: NONE. The sale will be augmented with a timed online sale commencing on the Thursday prior to the live sale at 11h00. The highest bid obtained will then serve as the opening bid at the live and online sale. 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. Registration for participation on webcast auction at shha.online. All terms and conditions available on shha.online or at 614 James Crescent, Halfway House, Midrand. All prospective purchasers will be required to register as such in terms of the Consumer Protection Act 68 of 2008 and will be required to provide proof of identity and address and to comply with the sheriff's registration conditions. The rules of the Auction and conditions of sale are available at the office of the sheriff as set out above Dated at Hammond Pole Majola Inc, Boksburg, 06 JULY 2026. Attorneys for Plaintiff(s): Hammond Pole Majola Inc C/o VERMAAK & PARTNERS INC, 3RD FLOOR 54 ON BATH, 54 BATH AVENUE, ROSEBANK. Tel: 0118741800. Fax: 0866781356. Ref: MAT457719/AVM/ MM. Hammond Pole Majola Inc, Boksburg.

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.