RepoLens
Sheriff sale in execution·Commercial

3-bed commercial property in Polokwane, 0699

·Limpopo
Reserve price
R 650 000
Verified today
Auction date
24 Jun 2026 · 10:00

Bond + transfer costs

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Your purchase
Property priceR 650 000
Drag or type the number below
Deposit10%
R 65 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 6 239
per month for 20 years
Total interest
R912k
Total repaid
R1.5m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 17 650
Bond registration
R 14 750
Deeds Office
R 1 460
Total upfront
R 33 860
All-in
Price plus every upfront cost you need at the deeds office
R 683 860

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

41 Mphongolo Street, Southern Gateway Extension 5, Polokwane, 0699 3 bed, 2 bath. Sale by Sheriff of the High Court Polokwane at.

Property

Bedrooms
3
Bathrooms
2
Erf number
950
Sale type
Sheriff sale in execution

Auction details

Venue
66 Platinum Street, Ladine, Polokwane to the highest bidder
Sheriff
Sheriff of the High Court Polokwane at
When
24 Jun 2026 · 10:00

Attorney

Firm
LGR Incorporated
Phone
(012) 817- 4843
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.