RepoLens
Sheriff sale in execution·Flat·Absa

flat in 7 Fred Louw Street, Louwville Vredenburg

·Western Cape
Reserve price
R 500 000
Verified today
Auction date
21 Jul 2026 · 10:00
Case
17016/2022

Bond + transfer costs

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Your purchase
Property priceR 500 000
Drag or type the number below
Deposit10%
R 50 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 4 799
per month for 20 years
Total interest
R702k
Total repaid
R1.2m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 16 000
Bond registration
R 13 350
Deeds Office
R 1 000
Total upfront
R 30 350
All-in
Price plus every upfront cost you need at the deeds office
R 530 350

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

7 Fred Louw Street, Louwville Vredenburg Foreclosing creditor: ABSA. Sale by Sheriff of the High Court VREDENBURG.

Property

Erf number
7574
Sale type
Sheriff sale in execution

Auction details

Venue
THE SHERIFF'S OFFICE, VREDENBURG: 4 DORP STREET, VREDENBURG
Sheriff
Sheriff of the High Court VREDENBURG
When
21 Jul 2026 · 10:00

Attorney

Firm
VELILE TINTO & ASSOCIATES INC.
Phone
(012) 807 3366
Ref
U23993/DBS/S BALKISHUN/CEM
Case
17016/2022
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.
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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.