RepoLens
Sheriff sale in execution·Commercial·Standard Bank

5-bed commercial property in 214 President Paul Kruger Avenue, Universitas, Bloemfontein Extension 55

·Free State
Reserve price
R 1 144 416
Verified today

Bond + transfer costs

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Your purchase
Property priceR 1 144 416
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Deposit10%
R 114 442
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 10 984
per month for 20 years
Total interest
R1.6m
Total repaid
R2.6m
Upfront costs (not in the bond)
SARS transfer duty
R 1 332
Conveyancing fee
R 22 583
Bond registration
R 19 110
Deeds Office
R 2 190
Total upfront
R 45 215
All-in
Price plus every upfront cost you need at the deeds office
R 1 189 631

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

214 President Paul Kruger Avenue, Universitas, Bloemfontein Extension 55 5 bed, 5 bath. Foreclosing creditor: STANDARD BANK. Sale by Sheriff of the High Court Bloemfontein West at.

Property

Bedrooms
5
Bathrooms
5
Erf number
8482
Sale type
Sheriff sale in execution

Auction details

Venue
Sheriff of the High Court Bloemfontein West at 6(A) Third Street, Arboretum, Bloemfontein
Sheriff
Sheriff of the High Court Bloemfontein West at

Attorney

Firm
LGR Incorporated
Phone
(012) 817- 4843
Ref
BH/LH/IC000075
Case
4161/2020

How you buy this

  1. It's free, and there's no account. You don't register with RepoLens — everything here is free to view and there's no login. We publish what's up for auction; we don't sell it.
  2. You buy at the sheriff's auction, not from us. Contact LGR Incorporated on (012) 817- 4843 — quote ref BH/LH/IC000075 for the Standard Bank sale. They give you the conditions of sale and confirm the auction is going ahead.
  3. Ask what's owing before you bid. The reserve isn't the whole story — rates, municipal charges and body-corporate levies can land on the buyer. Ask the attorney or sheriff what rates and levies are outstanding before you bid.

Full detail on deposits, FICA and registering as a bidder is in the buyer FAQ.

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.