Sheriff sale in execution·Commercial·Nedbank
4-bed commercial property in Eastern Cape
Address omitted from gazette notice·Eastern Cape
Reserve price
R 1 600 000
Auction date
24 Jun 2026 · 10:00
Case
474/2025
Bond + transfer costs
Open full calculator →Your purchase
Property priceR 1 600 000
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Deposit10%
R 160 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 15 357
per month for 20 years
Total interest
R2.2m
Total repaid
R3.7m
Upfront costs (not in the bond)
SARS transfer duty
R 17 625
Conveyancing fee
R 26 000
Bond registration
R 21 980
Deeds Office
R 2 190
Total upfront
R 67 795
All-in
Price plus every upfront cost you need at the deeds office
R 1 667 795
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
4 bed, 2 bath. Foreclosing creditor: NEDBANK. Sale by Sheriff of the High Court Queenstown at.
Property
- Bedrooms
- 4
- Bathrooms
- 2
- Erf number
- 2400
- Sale type
- Sheriff sale in execution
Auction details
- Venue
- 57 Komani Street, Queenstown
- Sheriff
- Sheriff of the High Court Queenstown at
- When
- 24 Jun 2026 · 10:00
Attorney
- Firm
- LGR Incorporated
- Phone
- (012) 817- 4843
- Case
- 474/2025
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.
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.