RepoLens
Sheriff sale in execution·House·Nedbank

3-bed house in is: 2670 NDLOVU STREET, SAKHILE, STANDERTON /3X BEDROOMS/ 2X BATHROOMS/ ENTRANCE/ WC/ LOUNGE/ DINING/ KITCHEN

·Mpumalanga
Reserve price
R 500 000
Verified today
Auction date
19 Aug 2026 · 10:00
Case
1353/2024

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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

is: 2670 NDLOVU STREET, SAKHILE, STANDERTON /3X BEDROOMS/ 2X BATHROOMS/ ENTRANCE/ WC/ LOUNGE/ DINING/ KITCHEN Erf size 850 m². 3 bed, 2 bath. Foreclosing creditor: NEDBANK.

Property

Bedrooms
3
Bathrooms
2
Erf size
850 m²
Erf number
2670
Sale type
Sheriff sale in execution

Auction details

When
19 Aug 2026 · 10:00

Attorney

Firm
SEYMORE DU TOIT & BASSON ATTORNEYS
Phone
013 752 4459
Ref
M MARITZ/NED4/0335
Case
1353/2024

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 SEYMORE DU TOIT & BASSON ATTORNEYS on 013 752 4459 — quote ref M MARITZ/NED4/0335 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: 1353/2024 IN THE HIGH COURT OF SOUTH AFRICA (MPUMALANGA DIVISION - MIDDELBURG (LOCAL SEAT)) In the matter between: NEDBANK LIMITED - EXECUTION CREDITOR and PRINCE MBUYISELWA GWEBU - EXECUTION DEBTOR NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 19 AUGUST 2026, 10:00, The Sheriff's Office, 51A DR BEYER NAUDE STREET, STANDERTON DESCRIPTION: ERF 2670 SAKHILE TOWNSHIP/ REGISTRATION DIVISION I.S./ PROVINCE OF MPUMALANGA/ MEASURING 850 (EIGHT HUNDRED AND FIFTY) SQUARE METRES/ HELD BY DEED OF TRANSFER NUMBER T10045/2022/ SUBJECT TO THE CONDITIONS THEREIN CONTAINED/ The physical address is: 2670 NDLOVU STREET, SAKHILE, STANDERTON /3X BEDROOMS/ 2X BATHROOMS/ ENTRANCE/ WC/ LOUNGE/ DINING/ KITCHEN. Nothing in this regard is guaranteed. 1.The sale shall be held with a court reserve of R500 000.00. / 2.The sale shall be subject of the terms and conditions of the High Court Act and the Rules made thereunder. / 3.The Purchaser shall pay a deposit of 10% (TEN PER SENT) of the purchase price and the auctioneer's commission in cash immediately after the sale and the balance against transfer to be secured by a Bank or Building Society Guarantee, to be furnished to the Plaintiff's attorneys within 21 (TWENTY ONE) days after the date of sale, to be approved by the Plaintiff's Attorneys. / 4.Transfer shall be effected by the attorneys for the Plaintiff 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. / 5. The property may be taken possession of after signature of the conditions of sale, payment of the Deposit and upon the balance of the purchase price being secured in terms of condition 4. / 6.Should the purchaser receive possession of the property prior to registration of transfer of the property into the name of the purchaser, the purchaser shall be liable for occupational rental at the rate of 1% of the purchase price per month from date of occupation to date of transfer. / 7.The full conditions of sale may be inspected at SHERIFF'S OFFICES, 51A DR BEYERS NAUDE STREET, STANDERTON / 8. Registration as a buyer is a pre-requisite subject to conditions, inter alia: Directive of the Consumer Protection Act 68 of 2008 (URL http://www.info.gov.za/view/DownloadfileAction?id=99961) / 9. The auction will be conducted by the Sheriff or his deputy. / 10. All bidders are required to present their identity documents together with their proof of residence for FICA compliance. Dated at MIDDELBURG, 24 JUNE 2026. Attorneys for Plaintiff(s): SEYMORE DU TOIT & BASSON ATTORNEYS, 12 MURRAY STREET, NELSPRUIT. Tel: 013 752 4459. Fax: 013 755 3897. Ref: M MARITZ/NED4/0335. -.

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.