RepoLens
Sheriff sale in execution·House·Absa

3-bed house in 51 Willem Olckers Street, Bothasrus, Despatch, Eastern Cape

·Eastern Cape
Reserve price
R 595 000
Verified today
Auction date
09 Jul 2026 · 10:00
Case
3916/2023

Bond + transfer costs

Open full calculator →
Your purchase
Property priceR 595 000
Drag or type the number below
Deposit10%
R 59 500
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 5 711
per month for 20 years
Total interest
R835k
Total repaid
R1.4m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 17 045
Bond registration
R 14 255
Deeds Office
R 1 000
Total upfront
R 32 300
All-in
Price plus every upfront cost you need at the deeds office
R 627 300

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

51 Willem Olckers Street, Bothasrus, Despatch, Eastern Cape Erf size 1115 m². 3 bed, 2 bath. Foreclosing creditor: ABSA. Sale by Sheriff of the High Court KARIEGA.

Property

Bedrooms
3
Bathrooms
2
Erf size
1115 m²
Erf number
374
Sale type
Sheriff sale in execution

Auction details

Venue
THE SHERIFF’S OFFICE, KARIEGA: 7 MARDRAY COURT, 18 BAIRD STREET, KARIEGA
Sheriff
Sheriff of the High Court KARIEGA
When
09 Jul 2026 · 10:00

Attorney

Firm
VELILE TINTO & ASSOCIATES INC.
Phone
(012) 807 3366
Ref
U25822/DBS/S BALKISHUN/CEM
Case
3916/2023
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.