RepoLens
Sheriff sale in execution·Farm / smallholding·Absa

4-bed farm in RUSTENBURG, NORTH WEST

·North West
Reserve price
R 1 500 000
Verified 1d ago
Auction date
25 Jun 2026 · 10:00
Case
2212/2022

Bond + transfer costs

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Your purchase
Property priceR 1 500 000
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Deposit10%
R 150 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 14 397
per month for 20 years
Total interest
R2.1m
Total repaid
R3.5m
Upfront costs (not in the bond)
SARS transfer duty
R 12 000
Conveyancing fee
R 25 250
Bond registration
R 21 350
Deeds Office
R 2 190
Total upfront
R 60 790
All-in
Price plus every upfront cost you need at the deeds office
R 1 560 790

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

PORTION 62 OF THE FARM RIETFONTEIN 348, RUSTENBURG, NORTH WEST (BEING 4 bed, 2 bath. Foreclosing creditor: ABSA.

Property

Bedrooms
4
Bathrooms
2
Sale type
Sheriff sale in execution

Auction details

When
25 Jun 2026 · 10:00

Attorney

Firm
Delberg Attorneys Inc.
Phone
(012) 361-5001
Case
2212/2022
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.
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.