RepoLens
Sheriff sale in execution·Sectional title·Nedbank

2-bed sectional title in North West

·North West
Reserve price
R 340 000
Verified today
Auction date
25 Aug 2026 · 10:00
Case
2024-024112

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Bond + transfer costs

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Your purchase
Property priceR 340 000
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Deposit10%
R 34 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 3 263
per month for 20 years
Total interest
R477k
Total repaid
R783k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 14 080
Bond registration
R 11 766
Deeds Office
R 1 000
Total upfront
R 26 846
All-in
Price plus every upfront cost you need at the deeds office
R 366 846

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

SECTION 47, BELL-A-VIEW CNR VEGKOPPIE AND GERRIT MARITZ STREET, POTCHEFSTROOM Any prospective purchaser must register, in accordance with Floor area 102 m². 2 bed, 2 bath. Foreclosing creditor: NEDBANK.

Property

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

Auction details

Venue
SHERIFF OF THE HIGH COURT POTCHEFSTROOM ,8 LUKE STREET, POTCHEFSTROOM
When
25 Aug 2026 · 10:00

Attorney

Phone
0123254185
Ref
T DE JAGER/JV/
Case
2024-024112

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 the sheriff or attorney named on the gazette notice 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: 2024-024112 IN THE HIGH COURT OF SOUTH AFRICA (GAUTENG DIVISION, PRETORIA) In the matter between: NEDBANK LIMITED PLAINTIFF, Plaintiff and SIMISO SIZWE SIKHAKHANE (IDENTITY NUMBER: 900313 5328 08 1), DEFENDANT NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 25 AUGUST 2026, 10:00, SHERIFF OF THE HIGH COURT POTCHEFSTROOM ,8 LUKE STREET, POTCHEFSTROOM In execution of a judgment of the HIGH COURT OF SOUTH AFRICA, GAUTENG DIVISION, PRETORIA in the abovementioned suit a sale with a reserve price of R340 000.00 will be held by the SHERIFF OF THE HIGH COURT POTCHEFSTROOM on the 25TH day of AUGUST 2026 at 10H00 at 8 LUKE STREET, POTCHEFSTROOM of the undermentioned property of the Defendants, subject to the conditions of sale which are available for inspection at the offices of the SHERIFF OF THE HIGH COURT POTCHEFSTROOM. A unit consisting of: (a) SECTION 47 as shown and more fully described on SECTIONAL PLAN NO: SS781/2008, in the scheme known as BELL-A-VIEW in respect of land and building or buildings situated at DASSIERAND TOWNSHIP, LOCAL AUTHORITY: JB MARKS LOCAL MUNICIPALITY of which section the floor area, according to the said sectional plan, is 102 (ONE HUNDRED AND TWO) 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 A DEED OF TRANSFER ST34590/2022 subject to the conditions as set out in the aforesaid deed of transfer ('the mortgage property') ALSO KNOWN AS: SECTION 47, BELL-A-VIEW CNR VEGKOPPIE AND GERRIT MARITZ STREET, POTCHEFSTROOM Any prospective purchaser must register, in accordance with the following conditions amongst others: a) The provisions of the Consumer Protection Act 68 of 2008 (http://www.info.gov.za/view/downloadfileAction?id=9961) b) The provisions of FICA- legislation (requirement proof of ID, residential address) c) Payment of a registration fee of R50 000.00 in cash or eft (Refundable) prior to the commencement of the auction; d) All conditions applicable to registration; e) Rules of auction and conditions of sale may be inspected 24 Hours prior the auction. The following information is furnished with regard to improvements on the property although nothing in this respect is guaranteed This is a property that consist of 1X LOUNGE, 1X KITCHEN, 2 BEDROOMS, 2X BATHROOMS, 1 GARAGE. (signed T de Jager), HACK STUPEL AND ROSS ATTORNEYS ATTORNEYS FOR PLAINTIFF STANDARD BANKCHAMBERSCHURCH SQUAREPRETORIATEL: 0123254185 FAX: 012 323 3780 / 086 518 3468 E-MAIL: Thea5@hsr.co.za REF: T DE JAGER/JV/ NA393. Dated at PRETORIA, 25 JUNE 2026. Attorneys for Plaintiff(s): HACK, STUPEL & ROSS ATTORNEYS, 2ND FLOOR, STANDARD BANK CHAMBERS, CHURCH SQUARE, PRETORIA. Tel: 012 325 4185/9. Fax: -. Ref: T DE JAGER/JV/NA393. -.

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.