RepoLens
Sheriff sale in execution·House

3-bed house in Gauteng

Address omitted from gazette notice·Gauteng
Reserve price
R 300 000
Verified today
Auction date
14 Aug 2026 · 10:00
Case
1077/2023

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We compare this reserve against 704 other houses we have gazetted in Gauteng, 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 300 000
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Deposit10%
R 30 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 2 879
per month for 20 years
Total interest
R421k
Total repaid
R691k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 13 600
Bond registration
R 11 370
Deeds Office
R 1 000
Total upfront
R 25 970
All-in
Price plus every upfront cost you need at the deeds office
R 325 970

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

3 bed, 1 bath.

Property

Bedrooms
3
Bathrooms
1
Sale type
Sheriff sale in execution

Auction details

Venue
10h00 on the Conditions which shall lie for inspection
When
14 Aug 2026 · 10:00

Attorney

Phone
016 421 3527
Ref
X742119718AS
Case
1077/2023

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 the sheriff or attorney named on the gazette notice. 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: 1077/2023 IN THE MAGISTRATE’S COURT FOR (THE DISTRICT OF SEDIBENG HELD AT VEREENIGING) In the matter between: CYNTHIA MALEHLOHONOLO MOKATSANE, EXECUTION CREDITOR and MOLUTSI JOHANNES MOKATSANE, EXECUTION DEBTOR NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 2026-08-14, 10H00, ACTING SHERIFF VEREENIGING, OFFICE NO.2, WELLFORD PLACE, 31 LESLIE STREET, VEREENIGING IN EXECUTION OF A JUDGMENT of the abovementioned Honourable court, a sale as a unit with a reserve price of R300 000 will be held at the office of the acting sheriff Vereeniging, on 14 August 2026 at 10h00 on the Conditions which shall lie for inspection prior to the sale at the offices of ACTING SHERIFF VEREENIGING AT 31 Leslie Street, Vereeniging.The Following information is furnished regarding the improvements, though in this respect nothing is guaranteed: Address: 31 Sable Crescent, Vereeniging. Improvements: 3 Bedrooms, 1 Kitchen, 1 Bath Room, 1 Toilet, 1 Sitting Room, 1 Carport.Measuring: 688 (Six Hundred And Eighty Eight) Square Meters Registration Division: I.Q The Province of: Gauteng Hed By: Deed of Transfer: T37200/2017 TERMS: 10% (TEN PER CENT) of the purchase price in cash or EFT on the day of the sale; the balance payable against registration of transfer; a guarantee to be furnished within 21 (TWENTY-ONE) days from the date of sale. No third- party guarantees will be accepted.AUCTIONEER'S CHARGES, payable on the day of the sale, to be calculated as follows:6% (SIX PER CENT) on the first R100 000; 3.5% (THREE POINT FIVE PERCENT) on R100 001.00 - R400 000.00 plus VAT at 1.5% (ONE POINT FIVE PERCENT) on the balance of the proceeds of the sale subject to a maximum commission of R40 000.00 in total and a minimum of R3 000.00 plus VAT (inclusive in all instances of the Sheriff's bank charges and other expenses incurred in paying the proceeds into his or her bank account), which commission will be paid by the purchaser. 1. The sale is for cash or EFT only. No cheques will be accepted and VAT at 15% will be payable. 2. The sale is a sale in execution pursuant to a judgment obtained in the above honourable court. 3. The rules of the auction are available 24 hours prior to the auction at the office of the Acting Sheriff, 31 Leslie Street, Vereeniging. 4. Registration as a buyer is a pre-requisite subject to a specific condition, inter alia: 4.1 Directive of the Consumer Protection Act 68 of 2008; (Url http://www.info.gov.za/view/ downloadfileaction?id-99961) 4.2 FICA registration i.r.o Proof of identity and address particulars. 4.3 Payment of registration deposit of R50 000.00 in cash or eft. 5. The auctioneer will be Mr Lyneth Marotle Molapo Dated at VEREENIGING, 2026-06-11. Attorneys for Plaintiff(s): A SWART, LEGAL AID SOUTH AFRICA, VEREENIGING LOCAL OFFICE, 22 KRUGER AVENUE (OLD METROPOLITAN BUILDING) VEREENIGING, 1939. Tel: 016 421 3527. Fax: N/A. Ref: X742119718AS.

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.