RepoLens
Sheriff sale in execution·Commercial·Standard Bank

3-bed commercial property in 114 Pretorius Street, Heidelberg Extension 1, 1411

·Gauteng
Reserve price
R 1 000 000
Verified today
Auction date
14 Aug 2026 · 11:00
Case
119669/2024

Bond + transfer costs

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Your purchase
Property priceR 1 000 000
Drag or type the number below
Deposit10%
R 100 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 9 598
per month for 20 years
Total interest
R1.4m
Total repaid
R2.3m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 21 500
Bond registration
R 17 900
Deeds Office
R 1 460
Total upfront
R 40 860
All-in
Price plus every upfront cost you need at the deeds office
R 1 040 860

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

114 Pretorius Street, Heidelberg Extension 1, 1411 3 bed, 2 bath. Foreclosing creditor: STANDARD BANK. Sale by Sheriff of the High Court Heidelberg.

Property

Bedrooms
3
Bathrooms
2
Erf number
849
Sale type
Sheriff sale in execution

Auction details

Venue
Sheriff of the High Court Heidelberg, at the Sheriff’s office Heidelberg at 40 Ueckermann Street, Heidelberg
Sheriff
Sheriff of the High Court Heidelberg
When
14 Aug 2026 · 11:00

Attorney

Firm
LGR Incorporated
Phone
(012) 817- 4843
Ref
BH/LH/IB001782
Case
119669/2024

How you buy this

  1. It's free, and there's no account. You don't register with RepoLens — everything here is free to view and there's no login. We publish what's up for auction; we don't sell it.
  2. You buy at the sheriff's auction, not from us. Contact LGR Incorporated on (012) 817- 4843 — quote ref BH/LH/IB001782 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.
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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.