RepoLens
Sheriff sale in execution·House·Standard Bank

2-bed house in Middelburg, STEVE, Mpumalanga

·Mpumalanga
Reserve price
R 500 000
Verified today
Auction date
26 Aug 2026 · 10:00
Case
4118/2023

Is this reserve any good?

We compare this reserve against 53 other houses we have gazetted in Mpumalanga, and against what the open market has actually done in the past year.

See the comparison

Bond + transfer costs

Open full calculator →
Your purchase
Property priceR 500 000
Drag or type the number below
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

Erf size 240 m². 2 bed, 1 bath. Foreclosing creditor: STANDARD BANK. Sale by Sheriff MIDDELBURG.

Property

Bedrooms
2
Bathrooms
1
Erf size
240 m²
Erf number
11793
Sale type
Sheriff sale in execution

Auction details

Venue
74 SADC STREET, MIDDELBURG
Sheriff
Sheriff MIDDELBURG
When
26 Aug 2026 · 10:00

Attorney

Firm
STRYDOM BRITZ MOHULATSI INC.
Phone
0123651887
Ref
A ELS / MD / DG40961
Case
4118/2023

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 STRYDOM BRITZ MOHULATSI INC. on 0123651887 — quote ref A ELS / MD / DG40961 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.

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.
Bond calculator

Get an email when new Mpumalanga repossessions like this appear

One email per week, listing new sale-in-execution notices that match this filter. One-click unsubscribe in every email.

We use your email only to send these alerts. Unsubscribe at any time. Hosted by Tunelo in South Africa.

Source notice — Government Gazette No. 55117, 7 August 2026

Case No: 4118/2023 DOCEX 120, PRETORIA IN THE HIGH COURT OF SOUTH AFRICA (MPUMALANGA DIVISION MIDDELBURG (LOCAL SEAT)) In the matter between: SB GUARANTEE COMPANY (RF) PROPRIETARY LIMITED (REGISTRATION NUMBER: 2006/021576/07) - EXECUTION CREDITOR and TSHEGOFATSO LIVITH MATHOTO (ID NUMBER: 920815 0582 088) - EXECUTION DEBTOR\ NOTICE OF SALE IN EXECUTION 26 AUGUST 2026, 10:00, 74 SADC STREET, MIDDELBURG In execution of a Judgment of the High Court of South Africa, Mpumalanga Division, Middelburg (Local Seat), in the above mentioned suit, a sale with reserve price of R500 000.00, will be held by the Sheriff MIDDELBURG (HC), at 74 SADC STREET, MIDDELBURG on WEDNESDAY the 26 AUGUST 2026 at 10H00 of the undermentioned property of the Judgment debtor subject to the conditions of sale which are available for inspection at the offices of the SHERIFF MIDDELBURG (HC) during office hours: ERF 11793 MIDDELBURG EXTENSION 36 TOWNSHIP REGISTRATION DIVISION J.S.,PROVINCE OF MPUMALANGA MEASURING 240 (TWO HUNDRED AND FORTY) SQUARE METRES HELD BY DEED OF TRANSFER T10338/2017 SUBJECT TO THE CONDITIONS THEREIN CONTAINED MAGISTERIAL DISTRICT: STEVE TSHWETE ALSO KNOWN AS: STAND 11793 RONDEBOSCH EXTENSION 36, MIDDELBURG, MPUMALANGA Particulars of the property and the improvements thereon are provided herewith, but are not guaranteed. A house consists of: 2x Bedrooms, 1x Bathroom, Open plan kitchen and lounge. 178 No. 55117 GOVERNMENT GAZETTE, 07 AUGUST 2026 Consumer Protection Act 68 of 2008 Registration as Buyer is a pre-requisite subject to Conditions, inter alia: (a) Directive of the Consumer Protection Act 68 of 2008 (URL http://www.info.gov.za/view/ DownloadFileAction?id=99961) (b) FICA-legislation - proof of identity and address particulars (c) All bidders are required to pay R10,000.00 (refundable) registration fee prior to the commencement of the auction in order to obtain a buyer's card (d) Registration Conditions (e) Registration form to be completed before the Auction. The purchaser shall pay to the Sheriff a deposit of 10% of the purchase price in cash or by bank guaranteed cheque or EFT, on the day of sale. The balance shall be paid against transfer and shall be secured by a guarantee issued by a financial institution approved by the execution creditor of his or her attorney, and shall be furnished to the Sheriff within 21 (twenty one) days after the sale. The property may be taken possession of after signature of the Conditions of Sale, payment of the deposit and upon the balance of the purchase price being secured in terms of the Conditions. Should the purchaser receive possession of the property, the purchaser shall be liable for occupational rental at the rate of 1% per month from date of possession to date of transfer. Dated at PRETORIA, 31 JULY 2026. Attorneys for Plaintiff(s): STRYDOM BRITZ MOHULATSI INC., BUILDING A, MENLYN WOODS OFFICE PARK 291 SPRITE AVENUE, FEARIE GLEN. Tel: 0123651887. Fax: -. Ref: A ELS / MD / DG40961. -.

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.