Sheriff sale in execution·Flat·Standard Bank

2-bed flat in Unit 10 Door 10 Sheffield Gardens, 1 Melinda Road, Sheffield

·Unknown

Reserve price

R 500 000

Verified today

Auction date

07 Jul 2026 · 10:00

Case

3800/24

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

Unit 10 Door 10 Sheffield Gardens, 1 Melinda Road, Sheffield Floor area 63 m². 2 bed, 1 bath. Foreclosing creditor: STANDARD BANK. Sale by Sheriff of the High Court Lower Tugela at Suite.

Property

Bedrooms: 2
Bathrooms: 1
Floor area: 63 m²
Sale type: Sheriff sale in execution

Auction details

Venue: Sheriff of the High Court Lower Tugela at Suite 3, Prithvi Centre, 131 Mahatma Gandhi Street, Stanger/Kwa Dukuza
Sheriff: Sheriff of the High Court Lower Tugela at Suite
When: 07 Jul 2026 · 10:00

Attorney

Firm: LGR Incorporated
Phone: (012) 817- 4843
Ref: BH/WE/IC000200
Case: 3800/24

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.