RepoLens
Sheriff sale in execution·House·Absa

4-bed house in 31 Maritz Street, Aqua Park Ext 12, Tzaneen

·Limpopo
Reserve price
R 1 500 000
Verified today
Auction date
11 Sept 2026 · 10:00
Case
5881/2023

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Bond + transfer costs

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Your purchase
Property priceR 1 500 000
Drag or type the number below
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

31 Maritz Street, Aqua Park Ext 12, Tzaneen Erf size 1500 m². 4 bed, 4 bath. Foreclosing creditor: ABSA. Sale by Sheriff of the High Court LETABA.

Property

Bedrooms
4
Bathrooms
4
Erf size
1500 m²
Erf number
1278
Sale type
Sheriff sale in execution

Auction details

Venue
33A PIETER JOUBERT STREET, AQUA PARK, TZANEEN
Sheriff
Sheriff of the High Court LETABA
When
11 Sept 2026 · 10:00

Attorney

Firm
VELILE TINTO & ASSOCIATES INC.
Phone
(012) 807 3366
Case
5881/2023

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 VELILE TINTO & ASSOCIATES INC. on (012) 807 3366 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 — Government Gazette No. 55211, 21 August 2026

Case No: 5881/2023 IN THE HIGH COURT OF SOUTH AFRICA (LIMPOPO DIVISION, POLOKWANE) In the matter between: ABSA HOME LOANS GUARANTEE COMPANY (RF) PTY LTD, 1st Plaintiff and ABSA BANK LIMITED, 2nd Plaintiff and MAGGY SESHEGELA MONAMA, Defendant NOTICE OF SALE IN EXECUTION 11 SEPTEMBER 2026, 10:00, 33A PIETER JOUBERT STREET, AQUA PARK, TZANEEN In pursuance of a judgment granted by this Honourable Court on 27 MARCH 2025, and a Warrant of Execution issued on 23 JULY 2025, the undermentioned immovable property will be sold in execution subject to a reserve price in the amount of R1 500 000.00, by the Sheriff of the High Court LETABA (TZANEEN) at THE SHERIFF'S OFFICE, LETABA (TZANEEN): 33A PIETER JOUBERT STREET, AQUA PARK, TZANEEN on 11 SEPTEMBER 2026 at 10H00, to the highest bidder. Full Conditions of Sale may be inspected at the offices of the SHERIFF OF THE HIGH COURT, LETABA (TZANEEN): ADDRESS AS ABOVE, whom shall hold the sale and shall read out the Conditions of sale prior to the sale in execution. The Sheriff, Execution Creditor and/or the Execution Creditor's Attorneys do not give any warranties with regard to the description and/or improvements of the immovable property. ERF 1278 TZANEEN EXTENSION 12 TOWNSHIP, REGISTRATION DIVISION L.T., LIMPOPO PROVINVE IN EXTENT 1 500 (ONE THOUSAND FIVE HUNDRED)SQUARE METRES HELD BY DEED OF TRANSFER T000004975/2021 SUBJECT TO THE CONDITIONS THEREIN CONTAINED (also known as: 31 MARITZ STREET, AQUA PARK EXT 12, TZANEEN, LIMPOPO) MAGISTERIAL DISTRICT: MOPANI ZONING: RESIDENTIAL IMPROVEMENTS: (Not Guaranteed) MAIN DWELLING: BRICK WALLS UNDER ZINC ROOF, 3 LOUNGES, DINING ROOM, 2 KITCHENS, 4 BEDROOMS, 4 BATHROOMS, TOILET, OUTBUILDING: 1 OUTSIDE OPEN WASHING ROOM, 1 GARAGE DOOR, 1 CARPORT (1 VEHICLE), SWIMMING POOL. TAKE FURTHER NOTICE THAT: 1. Consumer Protection Act 68 of 2008: a) The provisions of the Consumer Protection Act 68 of 2008. (Url http://www.info.gov.za/view/ DownloadFileAction?id=99961) b) The provisions of FICA-legislation (Requirement proof of ID and Residential address) 116 No. 55211 GOVERNMENT GAZETTE, 21 AUGUST 2026 c) Payment of a registration fee of R15 000.00 in cash for immovable property d) All conditions applicable to registration. 2. The Execution Creditor, Sheriff and/or Plaintiff's Attorney do not give any warranties with regard to the description and/or improvements. Dated at PRETORIA, 10 AUGUST 2026. Attorneys for Plaintiff(s): VELILE TINTO & ASSOCIATES INC., TINTO HOUSE, CNR SOLOMON MAHLANGU (PREVIOUSLY HANS STRIJDOM) & DISSELBOOM STREETS, WAPADRAND. Tel: (012) 807 3366. Fax: 086 206 8695. Ref: -. -. MPUMALANGA

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.