RepoLens
Sheriff sale in execution·Sectional title·Absa

3-bed sectional title in 2875 Makgasane Street, Rocklands, Bloemfontein

·Free State
Reserve price
R 420 000
Verified today
Auction date
02 Sept 2026 · 10:00
Case
6171/2023

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Your purchase
Property priceR 420 000
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Deposit10%
R 42 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 4 031
per month for 20 years
Total interest
R589k
Total repaid
R967k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 15 040
Bond registration
R 12 558
Deeds Office
R 1 000
Total upfront
R 28 598
All-in
Price plus every upfront cost you need at the deeds office
R 448 598

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

2875 Makgasane Street, Rocklands, Bloemfontein Comprising 3 bed, 2 bath. Foreclosing creditor: ABSA.

Property

Bedrooms
3
Bathrooms
2
Erf number
2875
Sale type
Sheriff sale in execution

Auction details

When
02 Sept 2026 · 10:00

Attorney

Phone
0219199570
Ref
EL/E41700
Case
6171/2023

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 for the Absa 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: 6171/2023 Docex 2 Tygerberg IN THE HIGH COURT OF SOUTH AFRICA (FREE STATE DIVISION) In the matter between: Absa Home Loans Guarantee Company (RF) Pty Ltd (1st Plaintiff) and Absa Bank Limited (2nd Plaintiff) and Nongeteni Sophia Ncamane, ID6603130556082 (Def) AUCTION-NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 02 SEPTEMBER 2026, 10:00, At the office of the sheriff 6A Third Street, Arboretum, Bloemfontein Registered Owner: Nongeteni Sophia Ncamane ID 660313 0556 082Property Auctioned: Erf 2875 Mangaung District Bloemfontein Province Free State Measuring 292 (Two Hundred and Ninety Two) metres held By Deed of Transfer T16359/2016Situated: 2875 Makgasane Street, Rocklands, Bloemfontein Comprising (but not guaranteed): consist of a face brick building with tiled roof, palisade fencing, paving, inner floor tiles, 3 bedrooms, 2 bathrooms, 1 living/TV room, lounge, kitchen and a garage Zoning: Residential Date Public Auction: 2 September 2026 at 10:00am Place of Auction: At the office of the sheriff 6A Third Street, Arboretum, Bloemofntein And when deemed appropriate by the Sheriff the auction will also be conducted via electronic platform simultaneously with the physical auction and in accordance with the provisions of section 45 of the Consumer Protection Act, 2008 (Act No.68 of 2008) and Regulations promulgated thereunder. Conditions: The sale is a sale in execution in pursuant to a judgment obtained in the above Honourable Court against the defendant for money owing to the execution creditor, and in accordance with the Consumer Protection Act 68 of 2008, as amended http://www.info.gov.za/view/Download FileAction?id=99961 ) The rules of the auction is available 24 hours before the auction and can be inspected at the office of Bloemfontein East, at 3 Seventh Street, Bloemfontein , and the auction will be conducted by Mr Roodt and/or P Roodt . Everyone that intends to bid at the auction must be acquainted therewith before the auction commerce. Registration as a buyer is pre-requisite subject to specific conditions, inter alia:a) In accordance with the Directive of the Consumer Protection Act 68 of 2008;b) FICA-legislation requirements: proof of ID and residential address; c) Payment of a Registration Fee: R45 000.00 ; d) Registration conditions. Advertising costs at current publication tariffs & sale costs according to court rule apply.Important: The sale will be subject to a reserve price of R420 000.00 to the highest registered bidder with the required legal capacity to sign the conditions of sale on the fall of the hammer and always subject to the provisions of the Consumer Protection Act, No 68 of 2008. A cash transfer equal to 10% of the purchase price is to be made immediately on the fall of the hammer and that the balance is to be guaranteed for payment against transfer. Dated at BELLVILLE, 04 AUGUST 2026. Attorneys for Plaintiff(s): Sandenbergh Nel Haggard, S202 Bonitas Office Park, Carl Cronje Drive Bellville. Tel: 0219199570. Fax: -. Ref: EL/E41700. -.

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.