RepoLens
Sheriff sale in execution·Sectional title·Absa

3-bed sectional title in Mpumalanga

·Mpumalanga
Reserve price
R 350 000
Verified today
Auction date
05 Aug 2026 · 10:00
Case
1512/2023

Bond + transfer costs

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Your purchase
Property priceR 350 000
Drag or type the number below
Deposit10%
R 35 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 3 359
per month for 20 years
Total interest
R491k
Total repaid
R806k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 14 200
Bond registration
R 11 865
Deeds Office
R 1 000
Total upfront
R 27 065
All-in
Price plus every upfront cost you need at the deeds office
R 377 065

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

UNIT 84 SS RIDGE VIEW VILLAGE 1, 7 SAGITARRIUS STREET, REYNO RIDGE) Zone: Residential Nothing guaranteed in this regard Floor area 60 m². 3 bed, 1 bath. Foreclosing creditor: ABSA. Sale by Sheriff Witbank.

Property

Bedrooms
3
Bathrooms
1
Floor area
60 m²
Erf number
1854
Sale type
Sheriff sale in execution

Auction details

Venue
Sheriff Witbank (Emalahleni), Plot 31, Zeekoewater, corner of Gordon Road & Francois Street, Witbank (Emalahleni)
Sheriff
Sheriff Witbank
When
05 Aug 2026 · 10:00

Attorney

Firm
Haasbroek & Boezaart Inc.
Phone
0124813551
Ref
ABS8/0760
Case
1512/2023

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 Haasbroek & Boezaart Inc. on 0124813551 — quote ref ABS8/0760 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.

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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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.