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Absa repossessed properties are properties in the possession of the bank after the current owner was unable to maintain payments of the loan. 48 Elizabeth Avenue Avenue. By continuing I understand and agree with Property24's. R 661 000. Property Type - Sectional Title. R 335 500. Absa repossessed properties are properties in the possession of the bank after the current owner was unable to maintain payments of the loan. 1. Homeowners who are under financial pressure and worried about falling into arrears on their home loan repayments should act quickly and do their utmost to prevent. 00 - Location: Phakalane Boiketlo Estate - Plot size: 909m2 - Security: 24/7 Guard at the. The bank has have to repossessed the property as a result of the previous owners not being able to pay off the full outstanding home loan amount. property 1 - property 24 of 88 1 Bed Townhouse in Kosmosdal . 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