RepoLens
Sheriff sale in execution·House

house in Rustenburg, North West

·North West
Reserve price
R 2 000 000
Verified today

Bond + transfer costs

Open full calculator →
Your purchase
Property priceR 2 000 000
Drag or type the number below
Deposit10%
R 200 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 19 196
per month for 20 years
Total interest
R2.8m
Total repaid
R4.6m
Upfront costs (not in the bond)
SARS transfer duty
R 41 625
Conveyancing fee
R 29 000
Bond registration
R 24 500
Deeds Office
R 2 190
Total upfront
R 97 315
All-in
Price plus every upfront cost you need at the deeds office
R 2 097 315

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

29 Oliver Thambo Drive, Rustenburg, North West Sale by Acting Sheriff of the High Court RUSTENBURG at GROUND FLOOR.

Property

Erf number
1040
Sale type
Sheriff sale in execution

Auction details

Sheriff
Acting Sheriff of the High Court RUSTENBURG at GROUND FLOOR

Attorney

Firm
VELILE TINTO & ASSOCIATES INC.
Phone
(012) 807 3366
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.