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Sheriff sale in execution·Commercial·Standard Bank

3-bed commercial property in P659 Umlazi, Umlazi P

·KwaZulu-Natal
Reserve price
R 575 000
Verified today
Auction date
22 Jul 2026 · 10:00
Case
9714/2024

Bond + transfer costs

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Your purchase
Property priceR 575 000
Drag or type the number below
Deposit10%
R 57 500
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 5 519
per month for 20 years
Total interest
R807k
Total repaid
R1.3m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 16 825
Bond registration
R 14 075
Deeds Office
R 1 000
Total upfront
R 31 900
All-in
Price plus every upfront cost you need at the deeds office
R 606 900

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

P659 Umlazi, Umlazi P 3 bed, 2 bath. Foreclosing creditor: STANDARD BANK. Sale by Sheriff of the High Court Umlazi at V.

Property

Bedrooms
3
Bathrooms
2
Erf number
659
Sale type
Sheriff sale in execution

Auction details

Venue
Sheriff of the High Court Umlazi at V 1030 Block C, Room 4, Umlazi
Sheriff
Sheriff of the High Court Umlazi at V
When
22 Jul 2026 · 10:00

Attorney

Firm
LGR Incorporated
Phone
(012) 817- 4843
Ref
BH/WE/IG000191
Case
9714/2024
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.