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Sheriff sale in execution·Sectional title·Nedbank

2-bed sectional title in Erf 745 West Acres Extension 6

·Mpumalanga
Reserve price
R 500 000
Verified today
Auction date
26 Aug 2026 · 09:00
Case
405/2025

Bond + transfer costs

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Your purchase
Property priceR 500 000
Drag or type the number below
Deposit10%
R 50 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 4 799
per month for 20 years
Total interest
R702k
Total repaid
R1.2m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 16 000
Bond registration
R 13 350
Deeds Office
R 1 000
Total upfront
R 30 350
All-in
Price plus every upfront cost you need at the deeds office
R 530 350

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

Erf 745 West Acres Extension 6 Floor area 100 m². 2 bed, ? bath. Foreclosing creditor: NEDBANK.

Property

Bedrooms
2
Floor area
100 m²
Erf number
745
Sale type
Sheriff sale in execution

Auction details

Venue
99 JACARANDA AVENUE,MBOMBELA
When
26 Aug 2026 · 09:00

Attorney

Firm
Stegmanns Inc C/O Leon van den Berg Inc.
Phone
0861333402
Ref
DEB15795
Case
405/2025

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 Stegmanns Inc C/O Leon van den Berg Inc. on 0861333402 — quote ref DEB15795 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: 405/2025 IN THE HIGH COURT OF SOUTH AFRICA (MPUMALANGA DIVISION, MBOMBELA(MAIN SEAT)) In the matter between: NEDBANK LIMITED, Plaintiff and HENDRIK WILLEM KOEN, Defendant NOTICE OF SALE IN EXECUTION 26 AUGUST 2026, 09:00, Sheriff of The High Court - Nelspruit TAKE NOTICE THAT on the instructions of Stegmanns Attorneys (Ref: DEB15795), Tel: 0861333402 - In Execution of a Judgment of the High Court of South Africa, Mpumalanga Division, Mbombela (Main Seat) in the abovementioned suit, the property shall be sold by the sheriff Nelspruit to the highest bidder SUBJECT TO A RESERVE PRICEOF R500 000.00 and will be held at 99 JACARANDA AVENUE,MBOMBELA on 26 AUGUST 2026 at 09h00 of the undermentioned property of the Execution Debtor on the conditions which may be inspected at 99 JACARANDA AVENUE,MBOMBELA , prior to the sale. In terms of the Mortgage Bond Agreement the Defendant hypothecated: CERTAIN: a Unit consisting of:- i) SECTION NO. 5 as shown and more fully described on Sectional Title Plan No. SS19/1983 in the scheme known as ELMAR WOONSTELLE in respect of ground and building or buildings situated at ERF 745 WEST ACRES EXTENSION 6 TOWNSHIP, LOCAL AUTHORITY: CITY OF MBOMBELA of which section the floor area according to the said Sectional Plan, is 100 (ONE HUNDRED) square meters in extent; and ii) 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 ST10975/2019, SUBJECT TO THE CONDITIONS THEREIN CONTAINED 118 No. 55078 GOVERNMENT GAZETTE, 31 JULY 2026 The following information is furnished 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. IMPROVEMENTS (Nothing is guaranteed and/or no warranty is given in respect thereof) ("VOETSTOOTS"): MAIN BUILDING: 2 BEDROOMS, BATHROOM,KITCHEN & LOUNGE AND OUT BUILDING (“VOETSTOOTS”) - BEDROOMS & BATHROOMS All prospective purchasers will be required to register as such in terms of 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 Pretoria, 24 JULY 2026. Attorneys for Plaintiff(s): Stegmanns Inc C/O Leon van den Berg Inc., 30 OR TAMBO STREET, MIDDELBURG. Tel: 0861333402. Fax: 0866863903. Ref: DEB15795. -.

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.