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Sheriff sale in execution·Flat·Standard Bank

2-bed flat in 18 Rooihout Street, Algoa Park, Port Elizabeth

·Eastern Cape
Reserve price
R 503 736
Verified today
Auction date
24 Jul 2026 · 12:00
Case
935/2024

Bond + transfer costs

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Your purchase
Property priceR 503 736
Drag or type the number below
Deposit10%
R 50 374
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 4 835
per month for 20 years
Total interest
R707k
Total repaid
R1.2m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 16 041
Bond registration
R 13 387
Deeds Office
R 1 000
Total upfront
R 30 428
All-in
Price plus every upfront cost you need at the deeds office
R 534 164

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

18 Rooihout Street, Algoa Park, Port Elizabeth Erf size 393 m². 2 bed, ? bath. Foreclosing creditor: STANDARD BANK. Sale by Sheriff of the High Court PORT ELIZABETH NORTH at THE SHERIFF.

Property

Bedrooms
2
Erf size
393 m²
Erf number
1902
Sale type
Sheriff sale in execution

Street view

Street-level view near the property address
Street-level view — not an interior listing photo.

Auction details

Sheriff
Sheriff of the High Court PORT ELIZABETH NORTH at THE SHERIFF
When
24 Jul 2026 · 12:00

Attorney

Firm
TIM DU TOIT & CO INCORPORATED ATTORNEYS
Phone
012 470 7537
Ref
T Van der Spuy/ilr/M38873
Case
935/2024
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.
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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.