RepoLens
Sheriff sale in execution·House·Nedbank

3-bed house in 331 Ajowan Street, Lotus Gardens Extension 12, Pretoria

·Gauteng
Reserve price
R 400 000
Verified today
Auction date
20 Aug 2026 · 10:00
Case
44965/2024

Bond + transfer costs

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Your purchase
Property priceR 400 000
Drag or type the number below
Deposit10%
R 40 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 3 839
per month for 20 years
Total interest
R561k
Total repaid
R921k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 14 800
Bond registration
R 12 360
Deeds Office
R 1 000
Total upfront
R 28 160
All-in
Price plus every upfront cost you need at the deeds office
R 428 160

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

331 Ajowan Street, Lotus Gardens Extension 12, Pretoria (erf 7140 3 bed, 1 bath. Foreclosing creditor: NEDBANK.

Property

Bedrooms
3
Bathrooms
1
Erf number
7140
Sale type
Sheriff sale in execution

Auction details

Venue
ACTING THE SHERIFF OF THE HIGH PRETORIA SOUTH- WEST, AZANIA BUILDING, corner ISCOR AVENUE & IRON TERRACE WEST PARK
When
20 Aug 2026 · 10:00

Attorney

Firm
VAN HEERDENS INC t/a VHI ATTORNEYS
Phone
012-111 0121
Ref
GROENEWALD/LL/GN1568
Case
44965/2024

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 VAN HEERDENS INC t/a VHI ATTORNEYS on 012-111 0121 — quote ref GROENEWALD/LL/GN1568 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.

Know your total buy-in cost
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: 44965/2024 Docex: 19, Pretoria IN THE HIGH COURT OF SOUTH AFRICA (GAUTENG DIVISION, PRETORIA) In the matter between: NEDBANK LIMITED (previously known as NEDCOR BANK LIMITED), PLAINTIFF and FALOYE, OLUBUNMI, DEFENDANT NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 20 AUGUST 2026, 10:00, ACTING THE SHERIFF OF THE HIGH PRETORIA SOUTH- WEST, AZANIA BUILDING, corner ISCOR AVENUE & IRON TERRACE WEST PARK In pursuance of judgment granted by this Honourable Court and a Warrant of Execution issued thereafter, the under mentioned immovable property will be sold in Execution to the highest bidder, subject to conditions of sale, with a reserve of R400 000.00, by ACTING THE SHERIFF OF THE HIGH PRETORIA SOUTH- WEST at AZANIA BUILDING, corner ISCOR AVENUE & IRON TERRACE WEST PARK on 20 AUGUST 2026 at 10h00. Full Conditions of Sale can be inspected at the OFFICES OF THE SHERIFF OF THE HIGH COURT PRETORIA SOUTHWEST at AZANIA BUILDING, corner ISCOR AVENUE & IRON TERRACE, WEST PARK and will also be read out by the Sheriff prior to the sale in execution. The Execution Creditor, Sheriff and/or Plaintiff's Attorneys do not give any warranties with regard to the description and/or improvements. PROPERTY: ERF 7140 LOTUS GARDENS, EXTENSION 12 TOWNSHIP, REGISTRATION DIVISION: JR, PROVINCE OF GAUTENG, LOCAL AUTHORITY: CITY OF TSHWANE METROPOLITAN MUNICIPALITY, MEASURING: 263 (TWO HUNDRED AND SIXTY-THREE) SQUARE METERS. HELD UNDER DEED OF TRANSFER NUMBER: T016981/09 PROPERTY ZONED: RESIDENTIAL ALSO KNOWN AS: 331 AJOWAN STREET, LOTUS GARDENS EXTENSION 12, PRETORIA (ERF 7140). IMPROVEMENTS: HOUSE CONSISTING OF: 1 X LOUNGE, 3 X BEDROOMS, 1 X KITCHEN AND 1 X BATHROOM AND TOILET. (NOT GUARANTEED) Registration as a buyer is a pre-requisite subject to conditions, inter alia: a) Directive of the Consumer Protection Act 68 of 2008. (URL http:// www.info.gov.za/view/DownloadFileAction?id=99961) b) FICA - legislation i.r.o. proof of identity and address particulars. c) Payment of a Registration Fee, prior to the commencement of the auction in order to obtain a buyer's card. F J GROENEWALD VAN HEERDENS INC t/a VHI ATTORNEYS Attorneys for Plaintiff PRETORIA TEL: 012-111 0121 REFERENCE: GROENEWALD/LL/GN1568. Dated at -, -. Attorneys for Plaintiff(s): VAN HEERDENS INC t/a VHI ATTORNEYS, i@Consulting Building, Block@ Nature, Block B, 2nd Floor, 472 Botterklapper Street, Die Wilgers, Lynnwood, Pretoria East. Tel: 012-111 0121. Fax: -. Ref: GROENEWALD/LL/GN1568. -.

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.