Sheriff sale in execution·Sectional title·Nedbank
2-bed sectional title in KwaZulu-Natal
Address omitted from gazette notice·KwaZulu-Natal
Reserve price
R 450 000
Auction date
13 Jul 2026 · 10:00
Case
2016/464584
Bond + transfer costs
Open full calculator →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
Floor area 79 m². 2 bed, 1 bath. Foreclosing creditor: NEDBANK.
Property
- Bedrooms
- 2
- Bathrooms
- 1
- Floor area
- 79 m²
- Sale type
- Sheriff sale in execution
Auction details
- Venue
- SHERIFF'S OFFICE PORT SHEPSTONE, 17A MGAZI AVENUE, UMTENTWENI, PORT SHEPSTONE
- When
- 13 Jul 2026 · 10:00
Attorney
- Firm
- Strauss Daly Attorneys
- Phone
- 031 570-5603
- Ref
- RRB1/0085
- Case
- 2016/464584
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.
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.