Sheriff sale in execution·House·FNB

2-bed house in which is better known as UNIT 36 LAVENDER GROVE, GLOVER ST

·Gauteng

Reserve price

R 520 000

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Bond + transfer costs

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Your purchase

Property priceR 520 000

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Deposit10%

R 52 000

Interest rate11.50%

SA prime 11.50%

Term20 years

240 months

Monthly bond

Repayment

R 4 991

per month for 20 years

Total interest

R730k

Total repaid

R1.2m

Upfront costs (not in the bond)

SARS transfer duty

Below R1.1m threshold — none payable

R 0

Conveyancing fee

R 16 220

Bond registration

R 13 548

Deeds Office

R 1 000

Total upfront

R 30 768

All-in

Price plus every upfront cost you need at the deeds office

R 550 768

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

LAVENDER GROVE BODY CORPORATE, with scheme number SS181/2006, held by the Execution Debtors under Title Deed ST2709/2019, which is better known as UNIT 36 LAVENDER GROVE, GLOVER ST 2 bed, ? bath. Foreclosing creditor: FNB. Sale by Sheriff Roodepoort.

Property

Bedrooms: 2
Erf number: 2552
Sale type: Sheriff sale in execution

Auction details

Sheriff: Sheriff Roodepoort

Attorney

Phone: 011 763 3050
Case: 2024/56951

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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.