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Sheriff sale in execution·House·Absa

house in 157 Serengeti Estate, Baansyfer Avenue, Ruimsig Extension 46, Roodepoort

·Gauteng
Reserve price
R 4 300 000
Verified today
Auction date
28 Aug 2026 · 10:00
Case
46595/17

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Bond + transfer costs

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Your purchase
Property priceR 4 300 000
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Deposit10%
R 430 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 41 271
per month for 20 years
Total interest
R6.0m
Total repaid
R9.9m
Upfront costs (not in the bond)
SARS transfer duty
R 270 600
Conveyancing fee
R 41 650
Bond registration
R 35 250
Deeds Office
R 3 180
Total upfront
R 350 680
All-in
Price plus every upfront cost you need at the deeds office
R 4 650 680

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

157 Serengeti Estate, Baansyfer Avenue, Ruimsig Extension 46, Roodepoort Erf size 986 m². Foreclosing creditor: ABSA.

Property

Erf size
986 m²
Erf number
157
Sale type
Sheriff sale in execution

Auction details

Venue
182 PROGRESS ROAD, LINDHAVEN, ROODEPOORT
When
28 Aug 2026 · 10:00

Attorney

Phone
(010) 201-8600
Ref
C MICHAEL/FF/ABS697/0887
Case
46595/17

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 the sheriff or attorney named on the gazette notice 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

Case No: 46595/17 IN THE HIGH COURT OF SOUTH AFRICA (GAUTENG DIVISION, PRETORIA) In the matter between: ABSA BANK LIMITED, Execution Creditor/Plaintiff, and TEO PETRUS VAN NIEKERK, (IDENTITY NUMBER: 670819 5101 089), Execution Debtor/ Defendant NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 2026-08-28, 10:00, SHERIFF ROODEPOORT NORTH, 182 PROGRESS ROAD, LINDHAVEN, ROODEPOORT This is a sale in execution pursuant to a judgement obtained in the above Honourable Court dated the 04TH day of JUNE 2025 in terms of which the following property will be sold in execution on 28th day of AUGUST 2026 at 10H00 by the SHERIFF ROODEPOORT NORTH at 182 PROGRESS ROAD, LINDHAVEN, ROODEPOORT to the highest bidder with a reserve price of R4,300,000.00. ERF 157 RUIMSIG EXTENSION 46 TOWNSHIP, REGISTRATION DIVISION I.Q., THE PROVINCE OF GAUTENG MEASURING 986 (NINE HUNDRED AND EIGHTY SIX) SQUARE METRES HELD BY DEED OF TRANSFER NO. T56735/2007 SITUATED AT: 157 SERENGETI ESTATE, BAANSYFER AVENUE, RUIMSIG EXTENSION 46, ROODEPOORT IMPROVEMENTS: 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 twenty one (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. The Rules of this auction is available 24 hours before the auction at the office of the Sheriff of the High Court, SHERIFF ROODEPOORT NORTH. The office of the Sheriff for ROODEPOORT NORTH 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 and address particulars. C)Payment of a Registration Fee of R50 000.00 in cash. D) Registration conditions. The aforesaid sale shall be subject to the Conditions of Sale which may be inspected at the office of the Sheriff of the High Court, SHERIFF ROODEPOORT NORTH at 182 PROGRESS ROAD, LINDHAVEN, ROODEPOORT. STRAUSS DALY INC. Plaintiff's attorney Unit 801, 8th Floor Illovo Point 68 Melville Road Illovo, Sandton, 2146 Tel: (010) 201-8600 REF: C MICHAEL/FF/ABS697/0887. Dated at: SANDTON, 2026-07-09. STRAUSS DALY INC., Unit 801, 8th Floor Illovo Point, 68 Melville Road, Illovo, Sandton, 2146, Tel. (010) 201- 8600, Ref. C MICHAEL/FF/ABS697/0887.

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.