RepoLens
Sheriff sale in execution·House·Standard Bank

3-bed house in 12 Olifant Crescent, Lenasia Extension 2

·Gauteng
Reserve price
R 891 000
Verified today
Auction date
05 Aug 2026 · 08:00
Case
055243/2024

Bond + transfer costs

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Your purchase
Property priceR 891 000
Drag or type the number below
Deposit10%
R 89 100
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 8 552
per month for 20 years
Total interest
R1.3m
Total repaid
R2.1m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 20 301
Bond registration
R 16 919
Deeds Office
R 1 460
Total upfront
R 38 680
All-in
Price plus every upfront cost you need at the deeds office
R 929 680

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

12 Olifant Crescent, Lenasia Extension 2 Erf size 397 m². 3 bed, 2 bath. Foreclosing creditor: STANDARD BANK. Sale by Sheriff LENASIA.

Property

Bedrooms
3
Bathrooms
2
Erf size
397 m²
Erf number
2836
Sale type
Sheriff sale in execution

Auction details

Venue
NO 5, 2ND AVENUE, CORNER STATION ROAD, ARMADALE (KNOWN AS VIKING
Sheriff
Sheriff LENASIA
When
05 Aug 2026 · 08:00

Attorney

Firm
STRYDOM BRITZ MOHULATSI INC.
Phone
0123651887
Ref
A ELS / MD / DG39962
Case
055243/2024

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 STRYDOM BRITZ MOHULATSI INC. on 0123651887 — quote ref A ELS / MD / DG39962 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.