RepoLens
Sheriff sale in execution·Sectional title·Absa

3-bed sectional title in Riebeeckstad, Welkom Comprising

·Free State
Reserve price
R 206 000
Verified 1d ago

Bond + transfer costs

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Your purchase
Property priceR 206 000
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Deposit10%
R 20 600
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 1 977
per month for 20 years
Total interest
R289k
Total repaid
R475k
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 12 472
Bond registration
R 10 439
Deeds Office
R 1 000
Total upfront
R 23 911
All-in
Price plus every upfront cost you need at the deeds office
R 229 911

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

8 Tarata Avenue, Riebeeckstad, Welkom Comprising 3 bed, 1 bath. Foreclosing creditor: ABSA. Sale by Sheriff Office.

Property

Bedrooms
3
Bathrooms
1
Erf size
833 m²
Erf number
4263
Sale type
Sheriff sale in execution

Auction details

Sheriff
Sheriff Office

Attorney

Phone
0219199570
Case
664/2022
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.