RepoLens
Sheriff sale in execution·House·Standard Bank

6-bed house in 162 Potgieter Avenue, Welgelegen, Polokwane

·Limpopo
Reserve price
R 2 400 000
Verified today
Auction date
05 Aug 2026 · 10:00
Case
6743/2022

Bond + transfer costs

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Your purchase
Property priceR 2 400 000
Drag or type the number below
Deposit10%
R 240 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 23 035
per month for 20 years
Total interest
R3.4m
Total repaid
R5.5m
Upfront costs (not in the bond)
SARS transfer duty
R 71 275
Conveyancing fee
R 31 200
Bond registration
R 26 700
Deeds Office
R 2 650
Total upfront
R 131 825
All-in
Price plus every upfront cost you need at the deeds office
R 2 531 825

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

162 Potgieter Avenue, Welgelegen, Polokwane Erf size 1450 m². 6 bed, 1 bath. Foreclosing creditor: STANDARD BANK. Sale by Sheriff Mrs AT Ralehlaka.

Property

Bedrooms
6
Bathrooms
1
Erf size
1450 m²
Erf number
78
Sale type
Sheriff sale in execution

Auction details

Venue
66 PLATINUM STREET, LADINE, POLOKWANE
Sheriff
Sheriff Mrs AT Ralehlaka
When
05 Aug 2026 · 10:00

Attorney

Firm
VEZI DE BEER ATTORNEYS
Phone
012 361 5640
Ref
R ISMAIL/EM/MAT62074
Case
6743/2022

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 VEZI DE BEER ATTORNEYS on 012 361 5640 — quote ref R ISMAIL/EM/MAT62074 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.