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Sheriff sale in execution·House·Standard Bank

2-bed house in Stand 1507, 48 Bafana Bafana Road, Payneville, Springs

·Gauteng
Reserve price
R 270 000
Verified today
Auction date
08 Jul 2026 · 11:00
Case
2023-15295

Bond + transfer costs

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Your purchase
Property priceR 270 000
Drag or type the number below
Deposit10%
R 27 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 2 591
per month for 20 years
Total interest
R379k
Total repaid
R622k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 13 240
Bond registration
R 11 073
Deeds Office
R 1 000
Total upfront
R 25 313
All-in
Price plus every upfront cost you need at the deeds office
R 295 313

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

Stand 1507, 48 Bafana Bafana Road, Payneville, Springs Erf size 308 m². 2 bed, ? bath. Foreclosing creditor: STANDARD BANK.

Property

Bedrooms
2
Erf size
308 m²
Erf number
1507
Sale type
Sheriff sale in execution

Street view

Street-level view near the property address
Street-level view — not an interior listing photo.

Auction details

Venue
SHERIFF SPRINGS at 99-8TH STREET, SPRINGS OR BY WAY OF ONLINE AUCTION
When
08 Jul 2026 · 11:00

Attorney

Firm
RMT ATTORNEYS
Phone
011 444-3008
Case
2023-15295
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.