Sheriff sale in execution·Sectional title·Standard Bank

3-bed sectional title in Middelburg, Mpumalanga

·Mpumalanga

Reserve price

R 700 000

Verified 1d ago

Auction date

24 Jun 2026 · 10:00

Case

2229/2023

Bond + transfer costs

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Your purchase

Property priceR 700 000

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Deposit10%

R 70 000

Interest rate11.50%

SA prime 11.50%

Term20 years

240 months

Monthly bond

Repayment

R 6 719

per month for 20 years

Total interest

R982k

Total repaid

R1.6m

Upfront costs (not in the bond)

SARS transfer duty

Below R1.1m threshold — none payable

R 0

Conveyancing fee

R 18 200

Bond registration

R 15 200

Deeds Office

R 1 460

Total upfront

R 34 860

All-in

Price plus every upfront cost you need at the deeds office

R 734 860

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

Unit 50 Palm Island Cnr Hoog & Sasol Streets, Mineralia, Middelburg Ext 18 Domicilium Address: Hope City F17 Middelburg 3 bed, 2 bath. Foreclosing creditor: STANDARD BANK.

Property

Bedrooms: 3
Bathrooms: 2
Floor area: 122 m²
Erf size: 27 m²
Erf number: 10963
Sale type: Sheriff sale in execution

Auction details

Venue: 74 SADC STREET, MIDDELBURG, 1050 to the highest bidder with reserve of R700,000
When: 24 Jun 2026 · 10:00

Attorney

Firm: STRAUSS DALY INC.
Phone: (010) 201-8600
Case: 2229/2023

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.