RepoLens
Sheriff sale in execution·House·Nedbank

3-bed house in Gauteng

Address omitted from gazette notice·Gauteng
Reserve price
R 930 000
Verified today
Auction date
28 Aug 2026 · 11:00
Case
2024-114971

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Bond + transfer costs

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Your purchase
Property priceR 930 000
Drag or type the number below
Deposit10%
R 93 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 8 926
per month for 20 years
Total interest
R1.3m
Total repaid
R2.1m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 20 730
Bond registration
R 17 270
Deeds Office
R 1 460
Total upfront
R 39 460
All-in
Price plus every upfront cost you need at the deeds office
R 969 460

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 368 m². 3 bed, 2 bath. Foreclosing creditor: NEDBANK. Sale by Sheriff Tshwane North.

Property

Bedrooms
3
Bathrooms
2
Erf size
368 m²
Erf number
516
Sale type
Sheriff sale in execution

Auction details

Sheriff
Sheriff Tshwane North
When
28 Aug 2026 · 11:00

Attorney

Firm
VDT ATTORNEYS INC.
Phone
012-4521300
Ref
Petrus v/d Walt/MAT128054
Case
2024-114971

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 VDT ATTORNEYS INC. on 012-4521300 — quote ref Petrus v/d Walt/MAT128054 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: 2024-114971 Docex: 110 Pretoria IN THE HIGH COURT OF SOUTH AFRICA (GAUTENG DIVISION, PRETORIA) In the matter between: NEDBANK LTD (Registration number: 1951/000009/06) (Execution Creditor) and FRANCOIS STEMMETT (Identity number: 780203 5215 08 8) (Execution Debtor) NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 28 AUGUST 2026, 11:00, Sheriff Tshwane North, 139 Erich Mayer Street, Pretoria North PORTION 16 OF ERF 516 MONTANA TUINE EXT 11, REGISTRATION DIVISION JR, GAUTENG PROVINCE MEASURING 368 SQUARE METRES HELD BY DEED OF TRANSFER T32119/2022 PHYSICAL AND DOMICILIUM ADDRESS: UNIT 16, BOUGAINVILLEA GARDENS, BOUGAINVILLEA DRIVE, MONTANA TUINE EXT 11, PRETORIA BONDHOLDER: NEDBANK LTD, 5 TH FLOOR, BLOCK I, SANDTON CAMPUS, 135 RIVONIA ROAD, SANDOWN, SANDTON E-MAIL: MpuleMk@Nedbank.co.za ZONING - RESIDENTIAL RESERVE PRICE: R930,000.00 IMPROVEMENTS: 3 BEDROOMS, 2 BATH ROOMS, KITCHEN, LOUNGE, DINING ROOM, GARAGE TERMS: Cash, immediate internet bank transfer into the Sheriff's trust account or a bank guaranteed cheque immediately on the property being knocked down to the purchaser, of 10% of the purchase price, the balance and interest of the full purchase price at current bond rates payable against registration of transfer, to be secured by a bank, building society or other acceptable guarantee to be furnished within 21 days from the date of sale Auctioneer's charges are payable and calculated at 6% on the proceeds of the sale up to the first R100,000.00, 3,5 percent on R100,001.00 to R400,000.00 and 1,5 percent on the balance of the proceeds subject to a maximum commission of R40,000.00 and minimum of R3,000.00. Dated at PRETORIA, 24 MARCH 2026. Attorneys for Plaintiff(s): VDT ATTORNEYS INC., Castle Gate Offices, 478 Koedoesnek Avenue, Waterkloof Ridge, Pretoria. Tel: 012-4521300. Fax: -. Ref: Petrus v/d Walt/MAT128054. -.

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.