RepoLens
Sheriff sale in execution·Sectional title·Absa

2-bed sectional title in Primrose, Germiston

·Gauteng
Reserve price
R 412 880
Verified 1d ago
Auction date
24 Jun 2026 · 11:30
Case
4345/1996

Bond + transfer costs

Open full calculator →
Your purchase
Property priceR 412 880
Drag or type the number below
Deposit10%
R 41 288
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 3 963
per month for 20 years
Total interest
R579k
Total repaid
R951k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 14 955
Bond registration
R 12 488
Deeds Office
R 1 000
Total upfront
R 28 442
All-in
Price plus every upfront cost you need at the deeds office
R 441 322

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

Door 4 Lake Placid, Marguerite Avenue, Primrose, Germiston The Property Is Zoned: General Residential 2 bed, 2 bath. Foreclosing creditor: ABSA.

Property

Bedrooms
2
Bathrooms
2
Floor area
84 m²
Sale type
Sheriff sale in execution

Auction details

Venue
29 FIRST AVENUE, EDENVALE to the highest bidder with reserve price of R412,880
When
24 Jun 2026 · 11:30

Attorney

Firm
STRAUSS DALY INC.
Phone
(010) 201-8600
Case
4345/1996
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

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.