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Sheriff sale in execution·House·Nedbank

3-bed house in 15 Lincoln Place, Farningham Ridge, Pinetown, KwaZulu-Natal

·KwaZulu-Natal
Reserve price
R 1 000 000
Verified today
Auction date
26 Aug 2026 · 10:00
Case
D14064/2024

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Bond + transfer costs

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Your purchase
Property priceR 1 000 000
Drag or type the number below
Deposit10%
R 100 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 9 598
per month for 20 years
Total interest
R1.4m
Total repaid
R2.3m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 21 500
Bond registration
R 17 900
Deeds Office
R 1 460
Total upfront
R 40 860
All-in
Price plus every upfront cost you need at the deeds office
R 1 040 860

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

15 Lincoln Place, Farningham Ridge, Pinetown, KwaZulu-Natal ( Erf size 1303 m². 3 bed, 2 bath. Foreclosing creditor: NEDBANK. Sale by Sheriff of the High Court Pinetown.

Property

Bedrooms
3
Bathrooms
2
Erf size
1303 m²
Erf number
236
Sale type
Sheriff sale in execution

Auction details

Venue
18 Suzuka Road, Westmead, Pinetown
Sheriff
Sheriff of the High Court Pinetown
When
26 Aug 2026 · 10:00

Attorney

Firm
Garlicke & Bousfield Inc
Phone
031 570 5300
Ref
B. Bam/sz/L2283/24
Case
D14064/2024

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 Garlicke & Bousfield Inc on 031 570 5300 — quote ref B. Bam/sz/L2283/24 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: D14064/2024 Docex: 5 Umhlanga Rocks IN THE HIGH COURT OF SOUTH AFRICA (KWAZULU-NATAL LOCAL DIVISION, DURBAN) In the matter between: NEDBANK LIMITED, Execution Creditor and YOGANDRAN MUNSAMI, 1st Execution Debtor and PARNESSA MUNSAMI, 2nd Execution Debtor NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 26 AUGUST 2026, 10:00, Sheriff of the High Court Pinetown, 18 Suzuka Road, Westmead, Pinetown PROPERTY DISCRIPTION Erf 236 Farningham Ridge, Registration Division FT, Province of Kwazulu-Natal, in extent 1303 (One Thousand Three Hundred and Three) Square metres, held by Deed of Transfer number T39745/18 PHYSICAL ADDRESS 15 Lincoln Place, Farningham Ridge, Pinetown, KwaZulu-Natal (Magisterial District of eThekwini) ZONING : Residential IMPROVEMENTS : single storey plastered under tile dwelling consisting of : 3 x Bedrooms, 2 x Bathrooms, 1 x Kitchen, 1 x Living room, Double Garage, Storeroom, Scullery and Staff Bathroom, Swimming Pool, Awning, Carport, Automated gates and electric fencing. Nothing in this regard is guaranteed. 1. The sale is a sale in execution pursuant to a judgment granted on the 9 October 2025 and a Warrant of Execution issued thereafter, the above-mentioned immovable property will be sold to the highest bidder subject to a reserve price of R1 000 000.00 by the sheriff of the high court Pinetown at 18 Suzuka Road, Westmead, Pinetown on the 26 August 2026 at 10h00. 2. The sale shall be subject to the terms and conditions of the High Court Act and the Rules made thereunder. 3. Full Conditions of Sale may be inspected at the Offices of the Sheriff for Pinetown at 18 Suzuka Road, Westmead, Pinetown, whom shall hold the sale and shall read out the conditions of sale prior to the sale in execution. 4.The Rules of this auction and a full advertisement is available 24 hours before the auction at the office of the Sheriff for Pinetown, 18 Suzuka Road, Westmead, Pinetown. 5. Registration as a buyer is a pre-requisite, subject to conditions, inter alia: (a) Registration will take place at 18 Suzuka Road, Westmead, Pinetown closes at 09h50); (b) FICA-legislation i.r.o proof of Identity and address particulars; (c) Payment of a Registration Fee of R15 000.00 in cash. (d) Directive of the Consumer Protection Act 68 of 2008 (URL http://www.info.gov.za/view/ downloadfileAtion?id=99961); (e) Registration of conditions 6. The conditions shall lie for inspection at the office of the Sheriff Pinetown, 18 Suzuka Road, Westmead, Pinetown for 15 days prior to the date of sale. 7. Transfer shall be effected by the attorneys for the Execution Creditor and the purchaser shall pay all transfer dues, including transfer duty, current and / or arrear levies /rates and / or Value Added Tax and other necessary charges to effect transfer upon request by the sale attorneys. The Office of the Sheriff for Pinetown will conduct the sale with auctioneers NB Nxumalo and/or Ms S Mkhwanazi and/or Ms C Moonsamy Advertising costs at current publication rates and sale costs according to court rules, apply. Dated at Umhlanga, 13 JULY 2026. Attorneys for Plaintiff(s): Garlicke & Bousfield Inc, 7 Torsvale Crescent, La Lucia Ridge, La Lucia. Tel: 031 570 5300. Fax: 031-570 5307. Ref: B. Bam/sz/L2283/24. -.

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.