RepoLens
Sheriff sale in execution·Farm / smallholding·Absa

4-bed farm in Gauteng

Address omitted from gazette notice·Gauteng
Reserve price
R 1 500 000
Verified today
Auction date
20 Aug 2026 · 10:00
Case
2024-004991

Is this reserve any good?

We compare this reserve against 10 other farms 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 1 500 000
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Deposit10%
R 150 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 14 397
per month for 20 years
Total interest
R2.1m
Total repaid
R3.5m
Upfront costs (not in the bond)
SARS transfer duty
R 12 000
Conveyancing fee
R 25 250
Bond registration
R 21 350
Deeds Office
R 2 190
Total upfront
R 60 790
All-in
Price plus every upfront cost you need at the deeds office
R 1 560 790

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

4 bed, 3 bath. Foreclosing creditor: ABSA. Sale by Sheriff Cullinan.

Property

Bedrooms
4
Bathrooms
3
Sale type
Sheriff sale in execution

Auction details

Venue
Sheriff Cullinan, No
Sheriff
Sheriff Cullinan
When
20 Aug 2026 · 10:00

Attorney

Firm
Haasbroek & Boezaart Inc.
Phone
0124813551
Ref
ABS8/1422
Case
2024-004991

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 Haasbroek & Boezaart Inc. on 0124813551 — quote ref ABS8/1422 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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Use the bond calculator above to estimate monthly instalments, transfer duty, and total costs at the current prime rate.
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Source notice

Case No: 2024-004991 Docex: 31 IN THE HIGH COURT OF SOUTH AFRICA (Gauteng Division, Pretoria) In the matter between: Absa Home Loans Guarantee Company (Rf) Proprietary Limited (Reg No: 2003/029628/07), First Plaintiff and Absa Bank Limited (1986/004794/06), Second Plaintiff and Carel Nicolaas Strydom (Identity Number 820817 5052 08 4), First Defendant and Marietjie Strydom (Identity Number 860326 0157 08 9), Second Defendant NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 20 AUGUST 2026, 10:00, Sheriff Cullinan, No. 1 First Street, Cullinan In pursuance of a judgment and a Writ of Execution of the abovementioned Court, a sale in execution of the undermentioned property is to be held SUBJECT TO A RESERVE PRICE OF R1500 000.00 AS SET BY THE HIGH COURT OF SOUTH AFRICA, GAUTENG DIVISION, PRETORIA AS PER COURT ORDER DATED 15 SEPTEMBER 2025 at the office of the SHERIFF CULLINAN AT NO. 1 FIRST STREET, CULLINAN on 20th day of AUGUST 2026 at 10:00, to the highest bidder. Full conditions of sale can be inspected at the offices of the SHERIFF CULLINAN at the same address as above, and will also be read out prior to the sale. No warranties are given with regard to the description and/or improvements. Description: PORTION 769 (A PORTION OF PORTION 163) OF FARM KAMEELDRIFT 298 REGISTRATION DIVISION J.R., PROVINCE OF GAUTENG, MEASURING 1,2118 (ONE COMMA TWO ONE ONE EIGHT) HECTARES, HELD BY DEED OF TRANSFER NUMBER T 83797/2019 SUBJECT TO THE CONDITIONS THEREIN CONTAINED ALSO KNOWN AS: PORTION 769 OF FARM KAMEELDRIFT 298 JR, ROODEPLAAT. Zone: Agricultural Nothing guaranteed in this regard: Improvements: 1 x Entrance Hall, 1 x lounge, 1x Dining, 1x Living, 1 x kitchen, 1 x Scullery, 4 x bedrooms, 3 x bathrooms . Take note of the following requirements for all prospective buyers: 1. As required by the specific Sheriff, a refundable registration fee is payable on date of auction. 2. Presentation to the Sheriff of the following FICA documents: 2.1 Copy of Identity Document. 2.2 Proof of residential address. Dated at Pretoria, 23 JULY 2026. Attorneys for Plaintiff(s): Haasbroek & Boezaart Inc., HB Forum, 13 Stamvrug Street, Val de Grace, Pretoria. Tel: 0124813551. Fax: 0866732397. Ref: ABS8/1422.

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.