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Sheriff sale in execution·House·Standard Bank

3-bed house in Nigel, Gauteng

·Gauteng
Reserve price
R 325 000
Verified today
Auction date
14 Oct 2025

Bond + transfer costs

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Your purchase
Property priceR 325 000
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Deposit10%
R 32 500
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 3 119
per month for 20 years
Total interest
R456k
Total repaid
R749k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 13 900
Bond registration
R 11 618
Deeds Office
R 1 000
Total upfront
R 26 518
All-in
Price plus every upfront cost you need at the deeds office
R 351 518

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

40 Kakelaar Street, Sharon Park Extension 2, Nigel, Gauteng 3 bed, ? bath. Foreclosing creditor: STANDARD BANK. Sale by Sheriff of the High Court NIGEL.

Property

Bedrooms
3
Erf number
939
Sale type
Sheriff sale in execution

Auction details

Sheriff
Sheriff of the High Court NIGEL
When
14 Oct 2025

Attorney

Firm
VELILE TINTO & ASSOCIATES INC.
Phone
(012) 807 3366
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.