Sheriff sale in execution·House·Nedbank
3-bed house in Western Cape
Address omitted from gazette notice·Western Cape
Reserve price
R 400 000
Auction date
08 May 2025
Bond + transfer costs
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Property priceR 400 000
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Deposit10%
R 40 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 3 839
per month for 20 years
Total interest
R561k
Total repaid
R921k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 14 800
Bond registration
R 12 360
Deeds Office
R 1 000
Total upfront
R 28 160
All-in
Price plus every upfront cost you need at the deeds office
R 428 160
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
3 bed, ? bath. Foreclosing creditor: NEDBANK. Sale by Sheriff of the High Court MAHIKENG.
Property
- Bedrooms
- 3
- Erf number
- 4059
- Sale type
- Sheriff sale in execution
Auction details
- Sheriff
- Sheriff of the High Court MAHIKENG
- When
- 08 May 2025
Attorney
- Phone
- 012) 807
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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.