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Sheriff sale in execution·Flat·Standard Bank

2-bed flat in Cape Town, Western Cape

·Western Cape
Reserve price
R 500 000
Verified today
Auction date
01 Jul 2026 · 11:00

Bond + transfer costs

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Your purchase
Property priceR 500 000
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Deposit10%
R 50 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 4 799
per month for 20 years
Total interest
R702k
Total repaid
R1.2m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 16 000
Bond registration
R 13 350
Deeds Office
R 1 000
Total upfront
R 30 350
All-in
Price plus every upfront cost you need at the deeds office
R 530 350

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

2 bed, 1 bath. Foreclosing creditor: STANDARD BANK.

Property

Bedrooms
2
Bathrooms
1
Sale type
Sheriff sale in execution

Auction details

When
01 Jul 2026 · 11:00

Attorney

Firm
Herold Gie Attorneys
Phone
021 464 4727
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.