Sheriff sale in execution·House

3-bed house in Montague Gardens, Western Cape

·Western Cape

Reserve price

R 991 000

Verified 2d ago

Auction date

08 Aug 2024

Bond + transfer costs

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Your purchase

Property priceR 991 000

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Deposit10%

R 99 100

Interest rate11.50%

SA prime 11.50%

Term20 years

240 months

Monthly bond

Repayment

R 9 511

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 21 401

Bond registration

R 17 819

Deeds Office

R 1 460

Total upfront

R 40 680

All-in

Price plus every upfront cost you need at the deeds office

R 1 031 680

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

78 Emerald Way, Summer Greens, Montague Gardens, Western Cape 3 bed, 2 bath. Sale by Sheriff of the High Court CAPE TOWN EAST.

Property

Bedrooms: 3
Bathrooms: 2
Erf number: 4050
Sale type: Sheriff sale in execution

Auction details

Sheriff: Sheriff of the High Court CAPE TOWN EAST
When: 08 Aug 2024

Attorney

Phone: 012) 807

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.