Sheriff sale in execution·House·Standard Bank

house in In The Rustenburg, North West

·North West

Reserve price

R 250 000

Verified today

Auction date

09 Jul 2026 · 10:00

Case

2662/2019

Bond + transfer costs

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Your purchase

Property priceR 250 000

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Deposit10%

R 25 000

Interest rate11.50%

SA prime 11.50%

Term20 years

240 months

Monthly bond

Repayment

R 2 399

per month for 20 years

Total interest

R351k

Total repaid

R576k

Upfront costs (not in the bond)

SARS transfer duty

Below R1.1m threshold — none payable

R 0

Conveyancing fee

R 13 000

Bond registration

R 10 875

Deeds Office

R 1 000

Total upfront

R 24 875

All-in

Price plus every upfront cost you need at the deeds office

R 274 875

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

Floor area 68 m². Foreclosing creditor: STANDARD BANK. Sale by Acting Sheriff of the High Court RUSTENBURG at THE SHERIFF.

Property

Floor area: 68 m²
Erf number: 565
Sale type: Sheriff sale in execution

Auction details

Venue: Acting Sheriff of the High Court RUSTENBURG at THE SHERIFF’S OFFICE, GROUND FLOOR, 209 BEYERS NAUDE DRIVE, RUSTENBURG
Sheriff: Acting Sheriff of the High Court RUSTENBURG at THE SHERIFF
When: 09 Jul 2026 · 10:00

Attorney

Firm: TIM DU TOIT ATTORNEYS
Phone: 021 529 7710
Ref: T van der Spuy/ilr/M41748
Case: 2662/2019

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.

Bond calculator

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.