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Sheriff sale in execution·Flat·Levy sale · WAVES EDGE BODY CORPORATE

3-bed flat in Cape Town, Western Cape

·Western Cape
Reserve price
R 2 100 000
This is not the likely cost. The body corporate is selling to recover arrear levies. Those levies must be cleared before the property can transfer, and can exceed the reserve. This notice does not state the amount — ask the attorney for it, and get the sheriff's conditions of sale, which decide who pays.
Verified today
Auction date
25 Aug 2026 · 12:00
Case
8837/2021

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We compare this reserve against 6 other flats we have gazetted in Western Cape, 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 2 100 000
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Deposit10%
R 210 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 20 156
per month for 20 years
Total interest
R2.9m
Total repaid
R4.8m
Upfront costs (not in the bond)
SARS transfer duty
R 47 625
Conveyancing fee
R 29 550
Bond registration
R 25 130
Deeds Office
R 2 650
Total upfront
R 104 955
All-in
Price plus every upfront cost you need at the deeds office
R 2 204 955

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 size 120 m². 3 bed, ? bath.

Property

Bedrooms
3
Erf size
120 m²
Sale type
Sheriff sale in execution

Auction details

Venue
DOOR AG4 (UNIT 65) WAVES EDGE, 1004 OTTO DU PLESSIS DRIVE, BLOUBERGSTRAND, WESTERN CAPE
When
25 Aug 2026 · 12:00

Attorney

Firm
RIANNA WILLEMSE SOLMS INCORPORATED
Phone
021 854 4315
Ref
RSOLMS/ck/WAV2/0003
Case
8837/2021

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 RIANNA WILLEMSE SOLMS INCORPORATED on 021 854 4315 — quote ref RSOLMS/ck/WAV2/0003. 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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Use the bond calculator above to estimate monthly instalments, transfer duty, and total costs at the current prime rate.
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Source notice

Case No: 8837/2021 DOCEX 16 BELLVILLE IN THE MAGISTRATE’S COURT FOR (THE DISTRIC OF THE CITY OF CAPE TOWN, SUB-DISTRICT CAPE TOWN, HELD AT CAPE TOWN) In the matter between: WAVES EDGE BODY CORPORATE, Plaintiff and BIG TIME TRADING 123 CC, Defendant NOTICE OF SALE IN EXECUTION 25 AUGUST 2026, 12:00, DOOR AG4 (UNIT 65) WAVES EDGE, 1004 OTTO DU PLESSIS DRIVE, BLOUBERGSTRAND, WESTERN CAPE In execution of a Judgment of the above honorable Court dated 09 June 2022, the under- mentioned immovable property will be sold in execution on: TUESDAY, 25 AUGUST 2026 at12H00 at the premises of WAVES EDGE SECTION SCHEME, DOOR AG4 (UNIT 65), 1004 OTTO DU PLESSIS DRIVE, BLOUBERGSTRAND, WESTERN CAPE. to the highest bidder subject to a reserve price of R2 100 000.00 (two million one hundred thousand rand) and such further conditions which will be read out by the Sheriff at the sale. In Extent: 120.00 square meters Held by Deed of Transfer No: ST23336/2005 DESCRIPTION The following information is supplied, but nothing is guaranteed: The property is situated at UNIT 65 (DOOR AG4) WAVES EDGE SECTIONAL SCHEME (SS484/2005), 1004 OTTO DU PLESSIS DRIVE, BLOUBERGSTRAND, WESTERN CAPE and consists of a PLASTERED FLAT UNDER A TILED ROOF. 3 BEDROOMS, ONE AND A HALF BATHROOMS, LOUNGE, DINING ROOM, KITCHEN, BALCONY. PROPERTY IS ZONED GENERAL RESIDENTIAL AND IS IN A VERY GOOD AREA AND CONDITION, WITH 24 HOUR SECURITY AT THE ENTRANCE. CONDITIONS OF PAYMENT Ten percent (10%) of the purchase price of the above property must be paid electronically immediately after the sale. The balance is payable against transfer and must be guaranteed by a guarantee approved by the Plaintiff's Attorneys, which guarantee must be handed to them within twenty-one (21) days after the date of sale. The Purchaser must pay the Sheriff's commission to the Sheriff immediately after the sale. CONDITIONS OF SALE The full conditions of sale and rules of auction lie for inspection at the offices of the Sheriff for the Magistrate's Court, CAPE TOWN NORTH. TAKE FURTHER NOTICE THAT: Registration as a buyer is a pre-requisite subject to specific conditions inter alia: 1. In accordance with the Consumer Protection Act 68 of 2008 1.1 FICA legislation requirements: Proof of ID and residential address - in the event that the purchaser is a company or a trust, company or trust document together with the resolution authorizing such purchase ; 1.2 a Deposit of R15 000.00 (refundable); 1.3 Registration to be completed via the Sheriff Cape Town North's website being www.sheriffctnorth.co.za Dated at KENRIDGE, 24 JULY 2026. Attorneys for Plaintiff(s): RIANNA WILLEMSE SOLMS INCORPORATED,, OFFICE 3 KENRIDGE CENTRE, 20 DOOR DE KRAAL AVENUE, KENRIDGE, DURBANVILLE, WESTERN CAPE. Tel: 021 854 4315. Fax: admin3@rwslaw.co.za. Ref: RSOLMS/ck/WAV2/0003. -.

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.