RepoLens
Sheriff sale in execution·Sectional title

4-bed sectional title in Portion 31

·Gauteng
Reserve price
R 1 500 000
Verified today
Auction date
01 Sept 2026 · 11:00
Case
2024-041593

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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

Portion 31 Floor area 1247 m². 4 bed, ? bath.

Property

Bedrooms
4
Floor area
1247 m²
Erf number
23
Sale type
Sheriff sale in execution

Auction details

When
01 Sept 2026 · 11:00

Attorney

Firm
Heerschop Pienaar Attorneys
Phone
011 763 3050
Ref
STE35/0016
Case
2024-041593

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 Heerschop Pienaar Attorneys on 011 763 3050 — quote ref STE35/0016. 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.

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Source notice

Case Number: 2024-041593 In the matter between: STEYN CITY MANAGEMENT ASSOCIATION NPC (RF) (Reg. No: 2013/148613/08), APPLICANT and MZA PROPERTIES (PTY) LTD (Registration Number: 2015/426017/07), FIRST RESPONDENT and CITY OF JOHANNESBURG METROPOLITAN MUNICIPALITY, SECOND RESPONDENT _______________________________________________________________________ NOTICE OF SALE IN EXECUTION _______________________________________________________________________ IN PURSUANCE OF a judgment in the above Honourable Court and a writ of execution dated 15 MARCH 2025, the property listed herein-below will be sold in execution to the highest bidder with a reserve price of R 1 500 000.00. The sale in execution will be conducted by the Sheriff of the above Honourable Court,SHERIFF RANDBURG WEST 657 JAMES CRESCENT, HALFWAY HOUSE MIDRAND 1685 on the 1 SEPTEMBER 2026 at 11h00 or as soon as reasonably possible thereafter. THE PROPERTY: 1. PORTION 31, ERF 23 RIVERGLEN, UNIT 31 PARK RIDGE, 18 LAKE VIEW LANE, STEYN CITY, DAINFERN, in the scheme known as Steyn City Management Association NPC, with Reg: 2013/148613/08, held by the Execution Debtor under Sectional Title Deed T8476/2017, which is better known as PORTION 31, ERF 23 RIVERGLEN, UNIT 31 PARK RIDGE, 18 LAKE VIEW LANE, STEYN CITY, DAINFERN, in the City of Johannesburg Metropolitan Municipality of which section the floor area, according to the sectional title plan is 1247 (ONE THOUSAND TWO HUNDRED AND FORTY SEVEN) square meters in extent. 2. An undivided share in the common property in the scheme apportioned to the said section in accordance with the participation quota as enclosed on the said sectional title plan. 3. As aforementioned, the property is held by Deed of Transfer T8476/2017. THE PROPERTY IS ALSO KNOWN AS: PORTION 31, ERF 23 RIVERGLEN, UNIT 31 PARK RIDGE, 18 LAKE VIEW LANE, STEYN CITY, DAINFERN. The following information is furnished regarding the improvements to the property, though in this regard nothing is guaranteed: The property consists of: open plan double storey house with lounge, family room, dining room, upstairs: 4 bedrooms (with all en-suite), pajama lounge, downstairs: bedroom, bathroom, servant quarters with bathroom, scullery, garden, swimming pool, double garage. THE CONDITIONS OF SALE: 10% (Ten Percent) of the purchase price, and the Sheriff's costs, to be paid in cash on the day of the sale and the balance payable against registration of transfer, to be secured by a bank or another acceptable guarantee to be furnished to the Sheriff of the above Honourable Court, SHERIFF RANDBURG WEST, within 21 (Twenty-One) days from the date of sale. The conditions of sale are open for inspection at the offices of the Sheriff of the above Honourable Court, SHERIFF RANDBURG WEST 657 JAMES CRESCENT, HALFWAY HOUSE MIDRAND 1685. Signed and dated at ROODEPOORT on this 28 TH OF JULY 2026. ATTORNEYS FOR THE APPLICANT Heerschop Pienaar Attorneys Block A, Ground Floor Clearview Office Park 77 Wilhelmina Avenue Allen's Nek 1716 Postnet Suite 162 Private Bag X1 Florida Hills 1716 Tel No.: (011) 763 3050 Fax No.: (011) 760 4767 Email: jp@shplaw.co.za REF: STE35/0016/ADMIN14 Dated at Roodepoort, 11 AUGUST 2026. Attorneys for Plaintiff(s): Heerschop Pienaar Attorneys, Block A, Ground Floor, Clearview Office Park, 77 Wilhelminia Avenue, Allen's Nek.. Tel: 011 763 3050. Fax: 011 760 4767. Ref: STE35/0016.

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.