RepoLens
Sheriff sale in execution·Commercial

2-bed commercial property in Bloemhof, 2660

·North West
Reserve price
R 247 431
Verified today
Auction date
25 Jun 2026 · 15:30

Bond + transfer costs

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Your purchase
Property priceR 247 431
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Deposit10%
R 24 743
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 2 375
per month for 20 years
Total interest
R347k
Total repaid
R570k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 12 969
Bond registration
R 10 850
Deeds Office
R 1 000
Total upfront
R 24 819
All-in
Price plus every upfront cost you need at the deeds office
R 272 250

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

40 Evan Street, Bloemhof, 2660 2 bed, ? bath. Sale by Sheriff of the High Court Virginia at Magistrate.

Property

Bedrooms
2
Erf number
231
Sale type
Sheriff sale in execution

Auction details

Venue
Magistrate's Court Virginia
Sheriff
Sheriff of the High Court Virginia at Magistrate
When
25 Jun 2026 · 15:30

Attorney

Firm
LGR Incorporated
Phone
(012) 817- 4843
Know your total buy-in cost
Use the bond calculator above to estimate monthly instalments, transfer duty, and total costs at the current prime rate.
Bond calculator

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.