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Sheriff sale in execution·House·Absa

house in 95/4380 Nape Street, Naledi, 1861

·Gauteng
Reserve price
R 170 000
Verified today
Auction date
13 Aug 2026 · 10:00
Case
39140/2016

Bond + transfer costs

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Your purchase
Property priceR 170 000
Drag or type the number below
Deposit10%
R 17 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 1 632
per month for 20 years
Total interest
R239k
Total repaid
R392k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 12 040
Bond registration
R 10 083
Deeds Office
R 460
Total upfront
R 22 583
All-in
Price plus every upfront cost you need at the deeds office
R 192 583

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

95/4380 Nape Street, Naledi, 1861 Erf size 226 m². Foreclosing creditor: ABSA.

Property

Erf size
226 m²
Erf number
4380
Sale type
Sheriff sale in execution

Auction details

Venue
SHERIFF SOWETO WEST, 2241 CNR RASMENI & NKOPI STREET, PROTEA NORTH
When
13 Aug 2026 · 10:00

Attorney

Firm
STRAUSS DALY INC.
Phone
(010) 201-8600
Ref
ABS697/1163
Case
39140/2016

How you buy this

  1. It's free, and there's no account. You don't register with RepoLens — everything here is free to view and there's no login. We publish what's up for auction; we don't sell it.
  2. You buy at the sheriff's auction, not from us. Contact STRAUSS DALY INC. on (010) 201-8600 — quote ref ABS697/1163 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. 55078, 31 July 2026

Case No: 39140/2016 IN THE HIGH COURT OF SOUTH AFRICA (GAUTENG LOCAL DIVISION, JOHANNESBURG) In the matter between: ABSA BANK LIMITED, Execution Creditor/Plaintiff, Plaintiff and ALETTA SITHEBE (Id No: 740304 0469 081), Execution Debtor/Defendant NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 13 AUGUST 2026, 10:00, SHERIFF SOWETO WEST, 2241 CNR RASMENI & NKOPI STREET, PROTEA NORTH This is a sale in execution pursuant to a judgement obtained in the above Honourable Court dated the 23RD of JUNE 2017 in terms of which the following property will be sold in execution on 13th of AUGUST 2026 at 10h00 by the SHERIFF SOWETO WEST at 2241 CNR RASMENI & NKOPI STREET, 66 No. 55078 GOVERNMENT GAZETTE, 31 JULY 2026 PROTEA NORTH to the highest bidder with reserve of R170 000.00: ERF 4380 NALEDI TOWNSHIP, REGISTRATION DIVISION I.Q, PROVINCE OF GAUTENG, MEASURING 226 (TWO HUNDRED AND TWENTY- SIX) SQUARE METRES, HELD BY DEED OF TRANSFER NO. T15935/2001; SITUATED AT: 95/4380 NAPE STREET, NALEDI, 1861 ZONING: GENERAL RESIDENTIAL (NOTHING GUARANTEED) The following information is furnished but not guaranteed: MAIN BUILDING: TO BE CONFIRMED (The nature, extent, condition and existence of the improvements are not guaranteed, and are sold "voetstoots") The Purchaser shall in addition to the Auctioneer's commission, pay a deposit of 10% of the purchase price in cash or bank guarantee cheque on the day of the sale and the balance against transfer which shall be secured by a Bank or Building Society guarantee in a form acceptable to Plaintiff's conveyancers, which guarantee shall be delivered by the Purchaser to the Sheriff within fourteen (14) 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. The Rules of this auction is available 24 hours before the auction at the sheriff's office SOWETO WEST. The offices of the Sheriff for SOWETO WEST will conduct the sale. Advertising costs at current publication rates and sale costs according to court rules, apply. 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 andaddress particulars. C) Payment of a Registration Fee of R50 000.00 in cash. D) Registration conditions. NB: In terms of Rule 46: 1 (8)(a)(iii) any interested party may not less than 25 days prior to the date of sale, submit to the Sheriff in writing further or amended conditions of sale; 2 (8)(d) any interested party may, not less than 10 days prior to the date of sale and on 24 hours notice to the execution creditor, the bondholder/s and all interested parties, apply to a magistrate of the district for any modification of the conditions of sale; The aforesaid sale shall be subject to the Conditions of Sale which may be inspected at the offices of SHERIFF SOWETO WEST at 2241 CNR RASMENI & NKOPI STREET, PROTEA NORTH. STRAUSS DALY INC UNIT 801 ILLOVO POINT 68 MELVILLE ROAD ILLOVO SANDTON DOCEX NO. 104 SANDTON REF. ABS697/1163 TEL: 010 201 8600. Dated at SANDTON, 22 JUNE 2026. Attorneys for Plaintiff(s): STRAUSS DALY INC., Unit 801, 8th Floor Illovo Point, 68 Melville Road, Illovo, Sandton, 2146. Tel: (010) 201-8600. Fax: -. Ref: ABS697/1163. -.

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.