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Sheriff sale in execution·Sectional title·Nedbank

2-bed sectional title in Johannesburg, Gauteng

·Gauteng
Reserve price
R 345 000
Verified today
Auction date
01 Sept 2026 · 11:00
Case
2024-123203

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We compare this reserve against 170 other sectional-title units we have gazetted in Johannesburg, and against what the open market has actually done in the past year.

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Bond + transfer costs

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Your purchase
Property priceR 345 000
Drag or type the number below
Deposit10%
R 34 500
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 3 311
per month for 20 years
Total interest
R484k
Total repaid
R795k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 14 140
Bond registration
R 11 816
Deeds Office
R 1 000
Total upfront
R 26 956
All-in
Price plus every upfront cost you need at the deeds office
R 371 956

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

2 bed, 1 bath. Foreclosing creditor: NEDBANK.

Property

Bedrooms
2
Bathrooms
1
Sale type
Sheriff sale in execution

Auction details

Venue
Sheriff of the High Court, Johannesburg East at 61 Van Riebeeck Avenue, Alberton
When
01 Sept 2026 · 11:00

Attorney

Firm
Biccari Bollo Mariano Inc
Phone
011 628 9300
Ref
W Hodges/RN6635
Case
2024-123203

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 Biccari Bollo Mariano Inc on 011 628 9300 — quote ref W Hodges/RN6635 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

Case No: 2024-123203 Docex 262, JOHANNESBURG IN THE HIGH COURT OF SOUTH AFRICA (Gauteng Local Division, Johannesburg) In the matter between: NEDBANK LIMITED, Plaintiff and MOGAMI, ML, First Defendant and MABUELA, R A, Second Defendant NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 01 SEPTEMBER 2026, 11:00, Sheriff of the High Court, Johannesburg East at 61 Van Riebeeck Avenue, Alberton This is a sale in execution pursuant to a Judgment obtained in the above Honourable Court dated 20 November 2025 in terms of which the following property will be sold in execution by the Sheriff of the High Court Johannesburg East at 61 Van Riebeeck Avenue, Alberton on the 1 September 2026 at 11h00, to the highest bidder subject to a reserve price of R345,000.00 (three hundred and forty five thousand rand):- A unit consisting of Section No. 22 as shown as more fully described on Sectional Plan No. SS298/1998 in the scheme known as Bramley View in respect of land and buildings situate at Bramley Extension 14 in the Local Authority of City Of Johannesburg; and an undivided share in the common property in the land and building or buildings as shown and more fully described on the said Sectional Plan apportioned to the Mortgaged Section in accordance with the participation quota of the Mortgaged Section; situated at Section 22 Door Number 22, Bramley View, 50 Van Der Linde Road, Bramley View Extension 14; measurisng 55 square metres; Zoned – Residential; as held by the Defendant under Deed of Transfer Number ST86705/2015. Improvements: (The nature, extent, condition and existence of the improvements are not guaranteed) 2 Bedrooms, 1 Bathroom, Lounge, Kitchen The Purchaser shall in addition to the Sheriff’s commission, which is 6% on the proceeds of the sale up to a price of R100 000.00 (One Hundred Thousand Rand) and thereafter 3.5% on R100 001.00 to R400 000.00 and 1.5 per cent on the balance of the proceeds of the sale, subject to a maximum commission of R40 000.00 plus VAT and a minimum of R3 000.00 plus VAT (inclusive in all instances of the sheriff’s bank charges and other expenses incurred in paying the proceeds into his or her trust account), pay a deposit of 10% of the purchase price in cash or bank guarantee cheque or EFT into the Sheriff’s trust account immediately upon closing of the bid and the balance against transfer which shall be secured by a Bank or Building Society guarantee in a form acceptable to Plaintiff's conveyancers, which guarantee shall be delivered by the Purchaser to the Sheriff within twenty-one (21) days from the date of the sale and shall provide for the payment of the full balance and any such interest payable as provided for hereunder. The Rules of this auction are available 24 hours before the auction at the office of the Sheriff Johannesburg East t 61 Van Riebeeck Avenue, Alberton. The Sheriff Johannesburg East will conduct the sale. Registration as a buyer is a pre-requisite subject to conditions, inter alia: A) Directive of the Consumer Protection Act 68 of 2008. URLhttp://www.info.gov.za/view/ DownloadFileAction?id=99961) B) FICA - legislation i.r.o. proof of identity and address particulars. C) Payment of a Registration Fee of R50 000.00 by way of EFT prior to the sale. D) Registration conditions. The aforesaid sale shall be subject to the Conditions of Sale which may be inspected at the office of the Sheriff Johannesburg East t 61 Van Riebeeck Avenue, Alberton during normal office hours Monday to Friday. Dated at JOHANNESBURG, 03 AUGUST 2026. Attorneys for Plaintiff(s): Biccari Bollo Mariano Inc, Oxford & Glenhove Building 1, Ground Floor, 116 Oxford Road, Melrose Estate, Johannesburg. Tel: 011 628 9300. Fax: -. Ref: W Hodges/RN6635.

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.