RepoLens
Sheriff sale in execution·House·Standard Bank

5-bed house in 2 Warrick Street, Chancliff, Krugersdorp

·Gauteng
Reserve price
R 4 000 000
Verified today

Bond + transfer costs

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Your purchase
Property priceR 4 000 000
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Deposit10%
R 400 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 38 391
per month for 20 years
Total interest
R5.6m
Total repaid
R9.2m
Upfront costs (not in the bond)
SARS transfer duty
R 237 600
Conveyancing fee
R 40 000
Bond registration
R 33 900
Deeds Office
R 2 650
Total upfront
R 314 150
All-in
Price plus every upfront cost you need at the deeds office
R 4 314 150

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

2 Warrick Street, Chancliff, Krugersdorp Erf size 8565 m². 5 bed, 5 bath. Foreclosing creditor: STANDARD BANK.

Property

Bedrooms
5
Bathrooms
5
Erf size
8565 m²
Sale type
Sheriff sale in execution

Auction details

Venue
Corner Human and Kruger Street, Old ABSA Building, Ground Floor, Krugersdorp Central

Attorney

Firm
MARTINS WEIR-SMITH INC
Phone
011 450 3054
Ref
MR MARTINS/IM/jm/T394
Case
2020-19262

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 MARTINS WEIR-SMITH INC on 011 450 3054 — quote ref MR MARTINS/IM/jm/T394 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.