RepoLens
Sheriff sale in execution·Sectional title·Absa

sectional title in Cape Town, Western Cape

·Western Cape
Reserve price
R 370 000
Verified today
Auction date
03 Sept 2026 · 10:00
Case
2025-027420

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Bond + transfer costs

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Your purchase
Property priceR 370 000
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Deposit10%
R 37 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 3 551
per month for 20 years
Total interest
R519k
Total repaid
R852k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 14 440
Bond registration
R 12 063
Deeds Office
R 1 000
Total upfront
R 27 503
All-in
Price plus every upfront cost you need at the deeds office
R 397 503

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

Floor area 31 m². Foreclosing creditor: ABSA.

Property

Floor area
31 m²
Sale type
Sheriff sale in execution

Auction details

Venue
SHERIFF'S OFFICE AT UNIT 1, 16 STRAND ROAD, BELLVILLE, WESTERN CAPE
When
03 Sept 2026 · 10:00

Attorney

Firm
FOURIE BASSON & VELDTMAN
Phone
021 929-2600
Ref
JF/SB/A5967
Case
2025-027420

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 FOURIE BASSON & VELDTMAN on 021 929-2600 — quote ref JF/SB/A5967 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. 55211, 21 August 2026

Case No: 2025-027420 - IN THE HIGH COURT OF SOUTH AFRICA (WESTERN CAPE DIVISION, CAPE TOWN) In the matter between: ABSA BANK LIMITED (First Plaintiff) & ABSA HOME LOANS GUARANTEE COMPANY (RF) PTY LIMITED (Second Plaintiff) and TYRONE WILLEMSE (Defendant) NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 03 SEPTEMBER 2026, 10:00, AT THE SHERIFF'S OFFICE AT UNIT 1, 16 STRAND ROAD, BELLVILLE, WESTERN CAPE In pursuance of a judgment granted by the above Honourable Court dated 27 February 2026, the undermentioned immovable property will be sold in execution on THURSDAY, 3 SEPTEMBER 2026 at 10:00 at the sheriff's office at Unit 1, 16 Strand Road, Bellville, Western Cape, to the highest bidder subject to a reserve price of R370 000,00; also subject to the following and further conditions which will be read out by the sheriff at the sale: A Unit consisting of: (a) Section 154, as shown and more fully described on Sectional Plan No. SS83/2023, in the scheme known as BELHAR LOFTS, in respect of the land and building or buildings situated at BELLVILLE, IN THE CITY OF CAPE TOWN, CAPE DIVISION, WESTERN CAPE PROVINCE, of which section the floor area, according to the said section plan, is 31 (THIRTY ONE) SQUARE METRES in extent; and (b) an undivided share in the common property in the scheme apporitoned to the said section in accordance with the participation quota as endorsed on the said sectional plan. HELD by Deed of Transfer no ST5449/2023. Description: The following information is supplied, but nothing is guaranteed: The property is improved and consists of an improved sectional title unit or apartment constructed with plastered walls and a concrete floor. The accommodation comprises bedrooms, bathrooms, a toilet, and a kitchen. The 126 No. 55211 GOVERNMENT GAZETTE, 21 AUGUST 2026 property further includes an allocated parking space. Conditions of payment: Ten percent (10%) of the purchase price of the above property must be paid immediately after the sale. The balance is payable against transfer and must be guaranteed by a bank guarantee approved by Plaintiff's Attorneys, which guarantee must be handed to them within 21 days after the date of sale. The purchaser must pay the sheriff's commission to the sheriff immediately after the sale. Conditions of sale: The full conditions lie for inspection at the offices of the Sheriff of the High Court, BELLVILLE. (Ref. M A Maghlangu; Tel. 021 945-1852; E-mail. fixproperties@sheriffbelvilleh.co.za). Dated at TYGER VALLEY, 07 AUGUST 2026. Attorneys for Plaintiff(s): FOURIE BASSON & VELDTMAN, TIJGER PARK 5, OFF WILLIE VAN SCHOOR DRIVE, TYGER VALLEY, 7530. Tel: 021 929-2600. Fax: (021) 914-6600. Ref: JF/SB/A5967. -.

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.