RepoLens
Sheriff sale in execution·House·Absa

4-bed house in according to the sectional plan, is 8

·Western Cape
Reserve price
R 12 000 000
Verified today
Auction date
03 Jun 2026 · 10:30
Case
2025-081544

Bond + transfer costs

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Your purchase
Property priceR 12 000 000
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Deposit10%
R 1 200 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 115 174
per month for 20 years
Total interest
R17m
Total repaid
R28m
Upfront costs (not in the bond)
SARS transfer duty
R 1 117 600
Conveyancing fee
R 73 500
Bond registration
R 61 200
Deeds Office
R 7 125
Total upfront
R 1 259 425
All-in
Price plus every upfront cost you need at the deeds office
R 13 259 425

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

LERESA COURT in respect of the land and building or buildings situated at CAPE TOWN, IN THE CITY OF CAPE TOWN of which section the floor area, according to the sectional plan, is 8 Erf size 123 m². 4 bed, ? bath. Foreclosing creditor: ABSA. Sale by Sheriff of the High Court Wynberg North.

Property

Bedrooms
4
Erf size
123 m²
Erf number
7164
Sale type
Sheriff sale in execution

Auction details

Sheriff
Sheriff of the High Court Wynberg North
When
03 Jun 2026 · 10:30

Attorney

Phone
060 966 8422
Case
2025-081544
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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.