RepoLens
Sheriff sale in execution·House·Standard Bank

2-bed house in Mhluzi, Mpumalanga

·Mpumalanga
Reserve price
R 450 000
Verified today
Auction date
26 Aug 2026 · 10:00
Case
3591/2023

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Bond + transfer costs

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Your purchase
Property priceR 450 000
Drag or type the number below
Deposit10%
R 45 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 4 319
per month for 20 years
Total interest
R632k
Total repaid
R1.0m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 15 400
Bond registration
R 12 855
Deeds Office
R 1 000
Total upfront
R 29 255
All-in
Price plus every upfront cost you need at the deeds office
R 479 255

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

Erf size 282 m². 2 bed, 1 bath. Foreclosing creditor: STANDARD BANK. Sale by Sheriff Middelburg.

Property

Bedrooms
2
Bathrooms
1
Erf size
282 m²
Erf number
1867
Sale type
Sheriff sale in execution

Auction details

Venue
Sheriff Middelburg, 74 SADC Street, Middelburg
Sheriff
Sheriff Middelburg
When
26 Aug 2026 · 10:00

Attorney

Firm
Haasbroek & Boezaart Inc.
Phone
012 481-3551
Ref
S1234/10323
Case
3591/2023

How you buy this

  1. Every listing is free, and there's no account. You don't register with RepoLens and there's no login — every sale we hold is free to read, including the reserve, the auction date and who to contact. A paid subscription only adds earlier alerts and a comparison against similar lots. We publish what's up for auction; we don't sell it.
  2. You buy at the sheriff's auction, not from us. Contact Haasbroek & Boezaart Inc. on 012 481-3551 — quote ref S1234/10323 for the Standard Bank sale. They give you the conditions of sale and confirm the auction is going ahead.
  3. Ask what's owing before you bid. The reserve isn't the whole story — rates, municipal charges and body-corporate levies can land on the buyer. Ask the attorney or sheriff what rates and levies are outstanding before you bid.

Full detail on deposits, FICA and registering as a bidder is in the buyer FAQ.

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Source notice

Case No: 3591/2023 Docex: 31 IN THE HIGH COURT OF SOUTH AFRICA (Mpumalanga Division, Middelburg (Local Seat)) In the matter between: The Standard Bank of South Africa Limited (Reg. no. 1962/000738/06), Plaintiff and Petros Bulman Lubisi (Identity Number: 550612 5295 08 0), First Defendant and Ntombizodwa Ruth Lubisi (Identity Number: 580704 0339 08 0), Second Defendant NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 26 AUGUST 2026, 10:00, Sheriff Middelburg, 74 SADC Street, Middelburg In pursuance of a judgment and a Writ of Execution of the above-mentioned Court, a sale in execution of the undermentioned property is to be held subject to a reserve price of R450 000.00 AS SET BY THE HIGH COURT OF SOUTH AFRICA, MPUMALANGA DIVISION, MIDDELBURG (LOCAL SEAT) as per Court Order dated 05 MAY 2025 at the office of the SHERIFF MIDDELBURG AT 74 SADC STREET, MIDDELBURG on the 26 AUGUST 2026 at 10:00, to the highest bidder. Full conditions of sale can be inspected at the offices of the SHERIFF MIDDELBURG, at the same address as above and will also be read out prior to the sale. No warranties are given with regard to the description and/or improvements. Property Description: ERF 1867 MHLUZI TOWNSHIP, REGISTRATION DIVISION J.S., PROVINCE MPUMALANGA, IN EXTENT: 282 (TWO HUNDRED AND EIGHTY TWO) SQUARE METRES, HELD BY DEED OF CERTICATE OF LEASEHOLD NO: TE57276/1994. SUBJECT TO ALL THE TERMS AND CONDITIONS CONTAINED THEREIN. Zone: Residential. IMPROVEMENTS: Dwelling consisting of: 2x Bedrooms, 1x bathrooms, 1x lounge, 1x Dinning Room, 1x Kitchen 1x Garage. Take note of the following requirements for all prospective buyers: 1. As required by the specific Sheriff, a refundable registration fee is payable on date of auction. 2. Presentation to the Sheriff of the following FICA documents: 2.1 Copy of Identity Document. 2.2 Proof of residential address. Dated at Pretoria, 05 AUGUST 2026. Attorneys for Plaintiff(s): Haasbroek & Boezaart Inc., HB Forum, 13 Stamvrug street, Val de Grace, Pretoria. Tel: 012 481-3551. Fax: 0866732397. Ref: S1234/10323. -.

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.