RepoLens
Sheriff sale in execution·Sectional title·Absa

sectional title in Unit 61 Oaklane Mews Body Corporate, 38 De Waal Street, Brakpan North, Brakpan, 1541

·Gauteng
Reserve price
R 295 000
Verified today
Auction date
25 Aug 2026 · 11:00
Case
2025-064640

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Bond + transfer costs

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Your purchase
Property priceR 295 000
Drag or type the number below
Deposit10%
R 29 500
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 2 831
per month for 20 years
Total interest
R414k
Total repaid
R680k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 13 540
Bond registration
R 11 321
Deeds Office
R 1 000
Total upfront
R 25 861
All-in
Price plus every upfront cost you need at the deeds office
R 320 861

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 61 Oaklane Mews Body Corporate, 38 De Waal Street, Brakpan North, Brakpan, 1541 Floor area 104 m². Foreclosing creditor: ABSA.

Property

Floor area
104 m²
Sale type
Sheriff sale in execution

Auction details

Venue
SHERIFF BRAKPAN -127B KITZINGER AVENUE, BRAKPAN
When
25 Aug 2026 · 11:00

Attorney

Firm
Heerschop Pienaar Attorneys
Phone
011 763 3050
Ref
OAK5/0003
Case
2025-064640

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 Heerschop Pienaar Attorneys on 011 763 3050 — quote ref OAK5/0003 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: 2025-064640 IN THE HIGH COURT OF SOUTH AFRICA (GAUTENG LOCAL DIVISION, JOHANNESBURG) IN THE MATTER BETWEEN OAKLANE MEWS BODY CORPORATE - Judgment Creditor and BEN COLLEN MASONDO - 1st Judgment Debtor ,ABSA HOME LOANS GUARANTEE- 2nd Judgment Debtor and THE CITY OF EKURHULENI METROPOLTAN MUNICIPALITY - 3rd Judgment Debtor NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 25 AUGUST 2026, 11:00, SHERIFF BRAKPAN -127B KITZINGER AVENUE, BRAKPAN IN PURSUANCE OF a judgment in the above Honourable Court and a writ of execution dated 12/05/2026, the property listed hereinbelow will be sold in execution to the highest bidder, subject to a reserve price of R 295 000.00. The sale in execution will be conducted by the Sheriff of the above Honourable Court, SHERIFF BRAKPAN 127B KITZINGER AVENUE, BRAKPAN on the 25 August 2026at 11h00 or as soon as reasonably possible thereafter. THE PROPERTY: 1. UNIT 61 , in the sectional title scheme known as OAKLANE MEWS BODY CORPORATE , with scheme number SS 155/2008 , held by the Execution Debtor under Sectional Title DeedST16372/2018 , which is better known as UNIT 61 OAKLANE MEWS BODY CORPORATE, 38 DE WAAL STREET, BRAKPAN NORTH, BRAKPAN, 1541 , in the City of Ekurhuleni Metropolitan Municipality of which section the floor area, according to the sectional title plan is 104 (ONE HUNDRED AND FOUR) square meters in extent. 2. An undivided share in the common property in the scheme apportioned to the said section in accordance with the participation quota as enclosed on the said sectional title plan. 3. As aforementioned, the property is held by Deed of Transfer ST16372/2018. THE PROPERTY IS ALSO KNOWN AS: UNIT 61 OAKLANE MEWS BODY CORPORATE, 38 DE WAAL STREET, BRAKPAN NORTH, BRAKPAN, 1541 . The following information is furnished regarding the improvements to the property, though in this regard nothing is guaranteed: The property consists of: Two (2) Bedroom, 2 (Two) Bathroom, 1 (One) Lounge and 1 (One) Kitchen . THE CONDITIONS OF SALE: 10% (Ten Percent) of the purchase price, and the Sheriff's costs, to be paid in cash or by way of bank gaurantee on the day of the sale and the balance payable against registration of transfer, to be secured by a bank or another acceptable guarantee to be furnished to the Sheriff of the above Honourable Court, SHERIFF BRAKPAN, within 21 (Twenty-One) days from the date of sale. The conditions of sale are open for inspection at the offices of the Sheriff of the above Honourable Court, SHERIFF BRAKPAN 127B KITZINGER AVENUE, BRAKPAN. Dated at Roodepoort, 17 JUNE 2026. Attorneys for Plaintiff(s): Heerschop Pienaar Attorneys, Block A, Ground Floor, Clearview Office Park, 77 Wilhelmina Avenue, Strubens Valley. Tel: 011 763 3050. Fax: 011 760 4767. Ref: OAK5/0003. -.

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.