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Sheriff sale in execution·Sectional title

2-bed sectional title in DOOR 102 INLOMA BUILDING, 9 ESSELEN STREET (ALSO KNOWN AS 7 ESSELEN

·North West
Reserve price
R 237 684
Verified today

Bond + transfer costs

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Your purchase
Property priceR 237 684
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Deposit10%
R 23 768
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 2 281
per month for 20 years
Total interest
R334k
Total repaid
R548k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 12 852
Bond registration
R 10 753
Deeds Office
R 1 000
Total upfront
R 24 605
All-in
Price plus every upfront cost you need at the deeds office
R 262 289

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 102 INLOMA BUILDING, 9 ESSELEN STREET (ALSO KNOWN AS 7 ESSELEN 2 bed, 1 bath.

Property

Bedrooms
2
Bathrooms
1
Erf number
836
Sale type
Sheriff sale in execution

Auction details

Attorney

Firm
Delberg Attorneys Inc.
Phone
(012) 361-5001
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.