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Sheriff sale in execution·House·FNB

house in - 11 Poinsettia Road, Meyersdal, Alberton

·Gauteng
Reserve price
R 2 502 500
Verified today
Auction date
26 Aug 2026 · 09:00
Case
2025-149844

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Your purchase
Property priceR 2 502 500
Drag or type the number below
Deposit10%
R 250 250
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 24 019
per month for 20 years
Total interest
R3.5m
Total repaid
R5.8m
Upfront costs (not in the bond)
SARS transfer duty
R 79 475
Conveyancing fee
R 31 764
Bond registration
R 27 161
Deeds Office
R 2 650
Total upfront
R 141 050
All-in
Price plus every upfront cost you need at the deeds office
R 2 643 550

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

- 11 Poinsettia Road, Meyersdal, Alberton Erf size 1001 m². Foreclosing creditor: FNB.

Property

Erf size
1001 m²
Erf number
71
Sale type
Sheriff sale in execution

Auction details

Venue
SHERIFF PALM RIDGE, 39A LOUIS TRICHARDT AVENUE, ALBERTON NORTH
When
26 Aug 2026 · 09:00

Attorney

Firm
JAY MOTHOBI INCORPORATED
Phone
011-268-3500
Case
2025-149844

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 JAY MOTHOBI INCORPORATED on 011-268-3500 for the FNB 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. 55170, 14 August 2026

Case No: 2025-149844 IN THE HIGH COURT OF SOUTH AFRICA (GAUTENG LOCAL DIVISION - JOHANNESBURG) In the matter between: FIRSTRAND BANK LIMITED, Plaintiff and DE BEER, WILLEM HENDRIK JACOBUS (ID NO: 520903 5041 088), Defendant NOTICE OF SALE IN EXECUTION 26 AUGUST 2026, 09:00, SHERIFF PALM RIDGE, 39A LOUIS TRICHARDT AVENUE, ALBERTON NORTH This is a Sale in Execution conducted in accordance to the Consumer Protection Act 68 of 2008 as amended, in pursuant to a Judgment granted against the First Respondent for money owing to the Applicant in the above Honourable Court dated the 22 nd day of JANUARY 2026 in in terms of which the following property of the First Respondent will be sold in execution on the 26 th day of AUGUST 2026 at 09H00 at the SHERIFF PALM RIDGE, 39A LOUIS TRICHARDT AVENUE, ALBERTON NORTH to the highest bidder with a reserve price of R2 502 500.00 CERTAIN PROPERTY: - ERF 71 MEYERSDAL TOWNSHIP, REGISTRATION DIVISION I.R., THE PROVINCE OF GAUTENG SITUATE AT: - 11 POINSETTIA ROAD, MEYERSDAL, ALBERTON MEASURING: 1 001 (ONE THOUSAND AND ONE) SQUARE METRES HELD BY DEED OF TRANSFER NO: T078958/04 ZONING: Residential IMPROVEMENTS: The following information is furnished but not guaranteed: - MAIN BUILDING STOREY X1 DWELLING COUNT X1 DWELLING ENTRANCE HALL, LOUNGE, FAMILY ROOM, DING ROOM X2, STUDY X2, KITCHEN, SCULLERY, BEDROOMS X4, BATHROOMS, SHOWERS X3, WC X4, DRESSING ROOM OUTBUILDINGS OUT GARAGE X2, CARPORTS X2, LAUNDRY, BAR EXTERNAL WALL: BRICK FINISH: PLASTER INTERNAL : WALL: BRICK FINISH: PLASTER The purchaser shall in addition to the Sheriff's commission, which is 6% (Six Percent) on the proceeds of the sale up to a price of R100,000.00 (One Hundred Thousand Rand) and thereafter 3.5% (three point five percent) on R100,001.00 to R400,000.00 and 1.5% on the balance of the proceed of the sale, subject to a maximum commission of R40 000.00, plus VAT, in total and a minimum of R3 000.00, plus VAT, (inclusive in all instances of the sheriff's bank charges and other expenses incurred in paying the proceeds into his or her trust account), pay a deposit of 10% (Ten Percent) of the purchase price by EFT into the Sheriff's Trust Account immediately upon closing of the bid. The balance shall be paid against transfer and shall be secured by a guarantee issued by a financial institution approved by the execution creditor or its attorney and shall be furnished to the sheriff within 21 (twenty-one) days after the date of sale or after the date of confirmation of the sale by the court. The Rules of this auction are available 24 hours before the auction at the office of the SHERIFF PALM RIDGE at 39A LOUIS TRICHARDT AVENUE, ALBERTON NORTH The Auction will be conducted by the SHERIFF PALM RIDGE, or his DEPUTY. Registration as a buyer is a pre-requisite subject to conditions, inter alia:- A) Directive of the Consumer Protection Act 68 of 2008. (URL http://www.info.gov.za/view/ DownloadFileAction?id=99961) B) FICA - legislation i.r.o. proof of identity and address particulars. All bidders are required to present their Identity Document together with their proof of residence for FICA compliance. C) All bidders are required to pay R50 000.00 (refundable) registration fee prior to the commencement of the auction in order to obtain a buyers card. The property may be taken possession of after signature of the conditions of sale, payment of the deposit and upon the balance of the purchase price being secured as per the conditions of sale. Should the purchaser receive possession of the property, the purchaser shall be liable for occupational rent at the rate of 1% of the purchase price per month or part thereof. DATED at JOHANNESBURG on this the _____ day of JULY 2026. Dated at JOHANNESBURG, 03 AUGUST 2026. Attorneys for Plaintiff(s): JAY MOTHOBI INCORPORATED, 9 ARNOLD ROAD, ROSEBANK, 2196. Tel: 011-268-3500. Fax: 086-653-2300. Ref: MR Q OLIVIER/mg****E-MAIL: madeleine@jay.co.za. -. 32 No. 55170 GOVERNMENT GAZETTE, 14 AUGUST 2026

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.