RepoLens
Sheriff sale in execution·Commercial·Standard Bank

3-bed commercial property in 5 Circle Street, Riebeeckstad, 1945

·Free State
Reserve price
R 670 000
Verified today
Auction date
19 Aug 2026 · 11:00
Case
1837/2023

Bond + transfer costs

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Your purchase
Property priceR 670 000
Drag or type the number below
Deposit10%
R 67 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 6 431
per month for 20 years
Total interest
R940k
Total repaid
R1.5m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 17 870
Bond registration
R 14 930
Deeds Office
R 1 460
Total upfront
R 34 260
All-in
Price plus every upfront cost you need at the deeds office
R 704 260

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

5 Circle Street, Riebeeckstad, 1945 3 bed, 2 bath. Foreclosing creditor: STANDARD BANK. Sale by Sheriff of the High Court Welkom at.

Property

Bedrooms
3
Bathrooms
2
Erf number
601
Sale type
Sheriff sale in execution

Auction details

Venue
Sheriff of the High Court Welkom at 366 Stateway, Doorn, Welkom
Sheriff
Sheriff of the High Court Welkom at
When
19 Aug 2026 · 11:00

Attorney

Firm
LGR Incorporated
Phone
(012) 817- 4843
Case
1837/2023

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 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.

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Use the bond calculator above to estimate monthly instalments, transfer duty, and total costs at the current prime rate.
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Source notice

Case No: 1837/2023 IN THE HIGH COURT OF SOUTH AFRICA (FREE STATE DIVISION, BLOEMFONTEIN) In the matter between: SB GUARANTEE COMPANY (RF) PROPRIETARY LIMITED (REGISTRATION NUMBER: 2006/021576/07), Plaintiff and NASRIN PATHAN (IDENTITY NUMBER: 9505231212084), Defendant NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 19 AUGUST 2026, 11:00, Sheriff of the High Court Welkom at 366 Stateway, Doorn, Welkom In pursuance of a judgment granted on 31 May 2024 and 24 July 2025 and warrant on 26 September 2025 in the above Honourable Court and under a Writ of Attachment issued thereafter the immovable property listed hereunder will be sold in execution on 19 August 2026 at 11h00 by the Sheriff of the High Court Welkom at 366 Stateway, Doorn, Welkom to the highest bidder at a reserve price of R670 000,00:- CERTAIN: ERF 601 RIEBEECKSTAD SITUATED: 5 CIRCLE STREET, RIEBEECKSTAD, 1945 MAGISTERIAL DISTRICT: MATJHABENG REGISTRATION DIVISION: DISTRICT WELKOM, PROVINCE FREE STATE MEASURING: 972 SQUARE METRES HELD BY DEED OF TRANSFER NUMBER T6097/2022 Improvements:The information given regarding the improvements on the property and details regarding the number and nature of rooms within the property is not guaranteed. Neither the Execution Creditor nor the Sheriff shall be held liable for any inaccurate information pertaining to the property where access to the property was, for whatever reason, limited or impossible. The improvements on the property consist of the following: DWELLING CONSISTS OF: RESIDENTIAL 1 X LOUNGE, DINING ROOM, KITCHEN, 3 X BEDROOMS, 2 BATHROOMS, A STAFF ROOM CONSISTING OF 1 BEDROOM AND 1 BATHROOM, GARAGE, LAPA AND A FLATLET CONSISTING OF 1 X BEDROOM, BATHROOM, KITCHEN AND LOUNGE.HELD by the DEFENDANT, NASRIN PATHAN (IDENTITY NUMBER: 9505231212084) , under name under Deed of Transfer No. T6097/2022. The full conditions may be inspected at the offices of the Sheriff of the High Court Welkom at 366 Stateway, Doorn, Welkom . Dated at Pretoria, 17 JUNE 2026. Attorneys for Plaintiff(s): LGR Incorporated, 1st Floor, Silver Well Retail & Office Park, 27 Graham Road, Silver Lakes, Pretoria, PO Box 2766, Pretoria 0001,. Tel: (012) 817- 4843. Fax: 086 697 7980. Ref: BH/LH/IC000970 (MAT3872). -.

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.