Sheriff sale in execution·House·Standard Bank

2-bed house in Strubenvale, EKURHULENI, Gauteng

·Gauteng

Reserve price

R 580 000

Verified today

Auction date

08 Jul 2026 · 11:00

Case

16721/2024

Bond + transfer costs

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Your purchase

Property priceR 580 000

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Deposit10%

R 58 000

Interest rate11.50%

SA prime 11.50%

Term20 years

240 months

Monthly bond

Repayment

R 5 567

per month for 20 years

Total interest

R814k

Total repaid

R1.3m

Upfront costs (not in the bond)

SARS transfer duty

Below R1.1m threshold — none payable

R 0

Conveyancing fee

R 16 880

Bond registration

R 14 120

Deeds Office

R 1 000

Total upfront

R 32 000

All-in

Price plus every upfront cost you need at the deeds office

R 612 000

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

14 VILLAGE MAIN STREET, STRUBENVALE EXTENSION 2 also known as HOUSE 1460, GROOTVLEI SECURITY ESTATE, STRUBENVALE EXTENSION 2, SPRINGS Erf size 520 m². 2 bed, 2 bath. Foreclosing creditor: STANDARD BANK.

Property

Bedrooms: 2
Bathrooms: 2
Erf size: 520 m²
Erf number: 1460
Sale type: Sheriff sale in execution

Auction details

Venue: 99 8TH STREET, SPRINGS
When: 08 Jul 2026 · 11:00

Attorney

Firm: VEZI DE BEER ATTORNEYS
Phone: 012 361 5640
Ref: N CROUS/LF/MAT58665
Case: 16721/2024

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.