RepoLens
Sheriff sale in execution·Sectional title·Absa

4-bed sectional title in Unit 173

·Gauteng
Reserve price
R 1 678 000
Verified today
Auction date
25 Aug 2026 · 11:00
Case
2024-071725

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Your purchase
Property priceR 1 678 000
Drag or type the number below
Deposit10%
R 167 800
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 16 105
per month for 20 years
Total interest
R2.4m
Total repaid
R3.9m
Upfront costs (not in the bond)
SARS transfer duty
R 22 305
Conveyancing fee
R 26 585
Bond registration
R 22 471
Deeds Office
R 2 190
Total upfront
R 73 551
All-in
Price plus every upfront cost you need at the deeds office
R 1 751 551

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 173 Floor area 181 m². 4 bed, 4 bath. Foreclosing creditor: ABSA.

Property

Bedrooms
4
Bathrooms
4
Floor area
181 m²
Sale type
Sheriff sale in execution

Auction details

Venue
Unit 10 Innovation Worx, 90 Richards Drive, Halfway House, Midrand TAKE NOTICE that
When
25 Aug 2026 · 11:00

Attorney

Firm
Smit Sewgoolam Inc
Phone
011 646 0006
Ref
JE/JA/MAT39066
Case
2024-071725

How you buy this

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  2. You buy at the sheriff's auction, not from us. Contact Smit Sewgoolam Inc on 011 646 0006 — quote ref JE/JA/MAT39066 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. 55117, 7 August 2026

Case No: 2024-071725 DOCEX 125, JHB IN THE HIGH COURT OF SOUTH AFRICA (Gauteng Local Division, Johannesburg) In the matter between: ABSA BANK LIMITED, FIRST PLAINTIFF and ABSA HOME LOANS GUARANTEE COMPANY (RF) PTY LTD, SECOND PLAINTIFF and SAMITH RAMKISSOON, FIRST DEFENDANT and ALKA RAMKISSOON, SECOND DEFENDANT NOTICE OF SALE IN EXECUTION 25 AUGUST 2026, 11:00, Unit 10 Innovation Worx, 90 Richards Drive, Halfway House, Midrand TAKE NOTICE that in pursuance of a Judgment of the above Honourable Court in the above case on 28 OCTOBER 2025 and in execution of a Writ of Execution of immovable property, the following property will be sold by the Acting Sheriff of the High Court for the district of HALFWAY HOUSE - ALEXANDRA on 25 AUGUST 2026 at 11:00 at UNIT 10 INNOVATION WORX, 90 RICHARDS DRIVE, HALFWAY HOUSE, MIDRAND, to the highest bidder, subject to a reserve price of R1 678 000.00: CERTAIN: SECTION NO. 173 as shown and more fully described on Sectional Plan no. SS873/2017 in the scheme known as LA MAISON ROYALE in respect of the land and building or buildings situate at SUMMERSET EXTENSION 37 TOWNSHIP, Local Authority: CITY OF JOHANNESBURG METROPOLITAN MUNICIPALITY of which section the floor area, according to the said sectional plan, is 181 (one hundred and eighty one) square metres in extent, and an undivided share in the common property in the scheme apportioned to the said section in accordance with the participation quota as endorsed on the said sectional plan, HELD: Under Deed of Transfer ST12693/2019; SITUATE AT: UNIT 173 (DOOR NUMBER 25) LA MAISON ROYALE, 82 TAMBOTIE ROAD, WITPOORT, MIDRAND; ZONING: SPECIAL RESIDENTIAL (NOTHING GUARANTEED); IMPROVEMENTS: The following information is furnished but not guaranteed: The property situated at UNIT 173 (DOOR NUMBER 25) LA MAISON ROYALE, 82 TAMBOTIE ROAD, WITPOORT, MIDRAND consists of: Lounge, Dining Room, Kitchen, Scullery, 4 x Bedrooms, 4 x Bathrooms, 3 x Showers, 4 x Toilets, 1 x Bathtub and 1 x Double Garage (The nature, extent, condition and existence of the improvements are not guaranteed); The Purchaser shall in addition to the Sheriff's commission, which is 6% (Six Percent) on the first R100 000.00, 3.5% on R100 001.00 to R400 000.00 and 1.5% on the balance of the proceeds of the sale up to a maximum fee of R40 000.00 (Forty Thousand Rand) in total and a minimum of R3 000.00 (Three Thousand Rand), 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 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. Possession of the property may be taken once the purchaser has complied with the Conditions of Sale, including payment of the deposit and furnishing of the required guarantee. The purchaser shall be liable for occupational rental calculated at 1% of the purchase price per month, from the date of possession. The Rules of this auction are available 24 hours before the auction at the office of the ACTING SHERIFF 48 No. 55117 GOVERNMENT GAZETTE, 07 AUGUST 2026 HALFWAY HOUSE - ALEXANDRA, UNIT 10 INNOVATION WORX, 90 RICHARDS DRIVE, HALFWAY HOUSE, MIDRAND. The ACTING SHERIFF HALFWAY HOUSE - ALEXANDRA will conduct the sale. Registration as a buyer is a pre-requisite subject to conditions, inter alia: A) Directive of the Consumer Protection Act 68 of 2008. (URLhttp://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. D) Registration conditions of the Consumer Protection Act 68 of 2008. The aforesaid sale shall be subject to the Conditions of Sale which may be inspected at the office of the ACTING SHERIFF HALFWAY HOUSE - ALEXANDRA, UNIT 10 INNOVATION WORX, 90 RICHARDS DRIVE, HALFWAY HOUSE, MIDRAND, during normal office hours Monday to Friday, Tel: 011 699 6021, or at the offices of the attorneys acting for the Execution Creditors/Plaintiffs: SMIT SEWGOOLAM INC., 12 AVONWOLD ROAD, CNR JAN SMUTS AVENUE, SAXONWOLD, JOHANNESBURG, TEL 011 646 0006 (REF: JE/JA/MAT39066). Dated at JOHANNESBURG, 04 JULY 2026. Attorneys for Plaintiff(s): Smit Sewgoolam Inc, 12 Avonwold Road, Cnr Jan Smuts Avenue, Private Bag 836, Saxonwold, Johannesburg. Tel: 011 646 0006. Fax: 011 646 0016. Ref: JE/JA/MAT39066. -.

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.