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Sheriff sale in execution·House·Nedbank

3-bed house in 1588 Luigi Road, Alliance Ext 2, Benoni

·Gauteng
Reserve price
R 400 000
Verified today
Auction date
20 Aug 2026 · 10:00
Case
2025-021558

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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

1588 Luigi Road, Alliance Ext 2, Benoni Erf size 252 m². 3 bed, 3 bath. Foreclosing creditor: NEDBANK.

Property

Bedrooms
3
Bathrooms
3
Erf size
252 m²
Erf number
1588
Sale type
Sheriff sale in execution

Auction details

Venue
SHERIFF BENONI STORAGE FACILITY AT 18 MOORE AVENUE, BENONI
When
20 Aug 2026 · 10:00

Attorney

Firm
Enderstein Malumbete Inc.
Phone
011 615 8591
Case
2025-021558

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 Enderstein Malumbete Inc. on 011 615 8591 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 — Government Gazette No. 55117, 7 August 2026

Case No: 2025-021558 IN THE HIGH COURT OF SOUTH AFRICA (GAUTENG DIVISION, JOHANNESBURG) In the matter between: NEDBANK LIMITED, Plaintiff and MMATLOU MATHEWS MASHAMAITE, Defendant NOTICE OF SALE IN EXECUTION 20 AUGUST 2026, 10:00, SHERIFF BENONI STORAGE FACILITY AT 18 MOORE AVENUE, BENONI In execution of a judgment of the High Court of South Africa (Gauteng Division, Johannesburg) in the abovementioned suit, a Sale subject to a RESERVE PRICE OF R400,000.00, will be held at THE STORAGE FACILITY OF THE SHERIFF BENONI, 18 MOORE AVENUE, BENONI on THURSDAY, 20 AUGUST 2026 at 10h00 of the undermentioned property of the Defendant on the conditions to be read out by the Auctioneer at the time of the sale, which conditions will lie for inspection, prior to sale, at THE STORAGE FACILITY OF THE SHERIFF BENONI, 18 MOORE AVENUE, BENONI. CERTAIN - ERF 1588 ALLIANCE EXTENSION 2 TOWNSHIP, REGISTRATION DIVISION I.R.; PROVINCE OF GAUTENG MEASURING 252 (TWO HUNDRED AND FIFTY-TWO) SQUARE METRES HELD BY DEED OF TRANSFER NUMBER T11142/2017 SUBJECT TO THE CONDITIONS THEREIN CONTAINED. Situated in the Magisterial District of EKURHULENI SOUTH EAST Situated at: 1588 LUIGI ROAD, ALLIANCE EXT 2, BENONI IMPROVEMENTS: (not guaranteed) - 3 BEDROOMS, 3 BATHROOMS, KITCHEN AND LOUNGE. THE PROPERTY IS ZONED: RESIDENTIAL 1. The Purchaser shall in addition to the Sheriff's commission, which is 6% (six percent) on the first R100 000.00 (One Hundred Thousand Rand) of the proceeds of the sale and thereafter 3.5% (Three comma Five percent) on R100 001.00 (One Hundred Thousand and One Rand) to R100 000.00 (One 144 No. 55117 GOVERNMENT GAZETTE, 07 AUGUST 2026 Hundred Thousand Rand) to R400 000.00 (Four Hundred Thousand Rand) and 1.5% (One point Five percent) on the balance of the proceed of the Sale plus VAT, subject to a maximum commission of R40 000.00 in total and a minimum of R3 000.00, pay a deposit of 10% of the purchase price in cash or bank guarantee cheque or EFT into the Sheriff's trust account immediately upon closing of the bid and the balance against transfer which shall be secured by a Bank or Building Society guarantee in a form acceptable to Plaintiff's conveyancers, which guarantee shall be delivered by the Purchaser to the Sheriff within (21) days from the date of the sale and shall provide for the payment of the full balance and any such interest payable as provided for hereunder. 2. 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. 3. Should the purchaser receive possession of the property, the purchaser shall be liable for occupational rental at the rate of 1% of the purchase price per month. 4. The rules of this auction will be available at least 24 hours before the auction at THE STORAGE FACILITY OF THE SHERIFF BENONI, 18 MOORE AVENUE, BENONI. 5. The aforesaid sale shall be subject to the provisions of the Consumer Protection Act 68 of 2008. 6. The Sheriff or his/her deputy for BENONI will conduct the sale. 7. 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 of R50,000.00 in cash or by EFT. All bidders should request bidding requirements timeously, no late requests will be condoned. 8. Advertising costs at current publication rates and sale costs according to court rules, apply. Dated at Johannesburg, 31 JULY 2026. Attorneys for Plaintiff(s): Enderstein Malumbete Inc., 11 Naivasha Road, Block A Office Suite S1 - Second Floor, Sunninghill, Sandton. Tel: 011 615 8591. Fax: 011 615 8655. Ref: NM/MVT/N04305 E- mail: foreclosure3@endersteins.co.za. Enderstein Malumbete Inc.

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.