RepoLens
Sheriff sale in execution·Sectional title·Absa

sectional title in Unit 18 (door G34) Ss Tredenham Valley Estate, Wildealskloof Drive, Helicon Heights, Bloemfontein

·Free State
Reserve price
R 4 000 000
Verified today
Auction date
02 Sept 2026 · 10:00
Case
5761/2022

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Your purchase
Property priceR 4 000 000
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Deposit10%
R 400 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 38 391
per month for 20 years
Total interest
R5.6m
Total repaid
R9.2m
Upfront costs (not in the bond)
SARS transfer duty
R 237 600
Conveyancing fee
R 40 000
Bond registration
R 33 900
Deeds Office
R 2 650
Total upfront
R 314 150
All-in
Price plus every upfront cost you need at the deeds office
R 4 314 150

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 18 (door G34) Ss Tredenham Valley Estate, Wildealskloof Drive, Helicon Heights, Bloemfontein Floor area 491 m². Foreclosing creditor: ABSA. Sale by Sheriff of the High Court BLOEMFONTEIN EAST.

Property

Floor area
491 m²
Sale type
Sheriff sale in execution

Auction details

Venue
THE SHERIFF'S OFFICE, BLOEMFONTEIN EAST: 6A THIRD STREET, BLOEMFONTEIN
Sheriff
Sheriff of the High Court BLOEMFONTEIN EAST
When
02 Sept 2026 · 10:00

Attorney

Firm
VELILE TINTO & ASSOCIATES INC.
Phone
(012) 807 3366
Ref
U25020/DBS/S BALKISHUN/KM
Case
5761/2022

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 VELILE TINTO & ASSOCIATES INC. on (012) 807 3366 — quote ref U25020/DBS/S BALKISHUN/KM 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. 55170, 14 August 2026

Case No: 5761/2022 IN THE HIGH COURT OF SOUTH AFRICA (FREE STATE DIVISION, BLOEMFONTEIN) IN THE MATTER BETWEEN: ABSA HOME LOANS GUARANTEE COMPANY (RF) PTY LTD, 1st Plaintiff and ABSA BANK LIMITED, 2nd Plaintiff and MPHO JONATHAN MADZIBADELA, Defendant NOTICE OF SALE IN EXECUTION 02 SEPTEMBER 2026, 10:00, THE SHERIFF'S OFFICE, BLOEMFONTEIN EAST: 6A THIRD STREET, BLOEMFONTEIN In pursuance of judgments granted by this Honourable Court on 31 AUGUST 2023 and 14 NOVEMBER 2024, and a Warrant of Execution issued thereafter on 21 JANUARY 2025, the undermentioned immovable property will be sold in execution subject to a reserve price in the amount of R4 000 000.00, by the Sheriff of the High Court BLOEMFONTEIN EAST at THE SHERIFF'S OFFICE, BLOEMFONTEIN EAST: 6A THIRD STREET, BLOEMFONTEIN on 2 SEPTEMBER 2026 at 10H00, to the highest bidder. Full Conditions of Sale may be inspected at the offices of the SHERIFF OF THE HIGH COURT, BLOEMFONTEIN EAST: 3 SEVENTH STREET, BLOEMFONTEIN, whom shall hold the sale and shall read out the Conditions of sale prior to the sale in execution. The Sheriff, Execution Creditor and/or the Execution Creditor's Attorneys do not give any warranties with regard to the description and/or improvements of the immovable property. A UNIT CONSISTING OF- 164 No. 55170 GOVERNMENT GAZETTE, 14 AUGUST 2026 (a) SECTION NO. 18 AS SHOWN AND MORE FULLY DESCRIBED ON SECTIONAL PLAN NO. SS 73/2020, IN THE SCHEME KNOWN AS TREDENHAM VALLEY IN RESPECT OF THE LAND AND BUILDING OR BUILDINGS SITUATED AT BLOEMFONTEIN (EXTENSION 193) MANGAUNG METROPOLITAN MUNICIPALITY OF WHICH SECTION THE FLOOR AREA, ACCORDING TO THE SAID SECTIONAL PLAN, IS 491 (FOUR HUNDRED AND NINETY ONE) SQUARE METRES IN EXTENT; AND (b) 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 BY DEED OF TRANSFER NUMBER ST6751/2020 AND SUBJECT TO SUCH CONDITIONS AS SET OUT IN THE AFORESAID DEED (also known as: UNIT 18 (DOOR G34) SS TREDENHAM VALLEY ESTATE, WILDEALSKLOOF DRIVE, HELICON HEIGHTS, BLOEMFONTEIN, FREE STATE) MAGISTERIAL DISTRICT: MANGAUNG ZONING: RESIDENTIAL IMPROVEMENTS (Not Guaranteed): MAIN DWELLING: LOUNGE, DINING ROOM, KITCHEN, BEDROOMS, BATHROOMS, GARAGES. TAKE FURTHER NOTICE THAT: 1. This is a sale in execution pursuant to a judgment obtained by the above court. 2. Rules of this execution will be available 24 hours before the auction at the office of Sheriff Bloemfontein East, 3 Seventh Street, Bloemfontein. 3. Registration as a buyer is required subject to certain conditions: a) Directions of the Consumer Protection Act 68 of 2008. (URL http://www.info.gov.za/view/ DownloadFileAction?id=99961) b) FICA legislation with regard to identity and address particulars c) Payment of registration money d) Registration conditions e) Registration amount is R45 000.00 4. The sale will be conducted at the office of Sheriff Bloemfontein West with auctioneers M. Roodt and/ or P. Roodt. 5. Advertising costs at current publication tariffs and sale costs according to court rules will apply. Dated at PRETORIA, 31 JULY 2026. Attorneys for Plaintiff(s): VELILE TINTO & ASSOCIATES INC., TINTO HOUSE, CNR SOLOMON MAHLANGU (PREVIOUSLY HANS STRIJDOM) & DISSELBOOM STREETS, WAPADRAND. Tel: (012) 807 3366. Fax: 086 206 8695. Ref: U25020/DBS/S BALKISHUN/KM.

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.