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Sheriff sale in execution·Vacant land·Standard Bank

vacant land in Gauteng

Address omitted from gazette notice·Gauteng
Reserve price
R 680 000
Verified today
Auction date
21 Aug 2026 · 11:00
Case
33963/2022

Bond + transfer costs

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Your purchase
Property priceR 680 000
Drag or type the number below
Deposit10%
R 68 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 6 527
per month for 20 years
Total interest
R954k
Total repaid
R1.6m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 17 980
Bond registration
R 15 020
Deeds Office
R 1 460
Total upfront
R 34 460
All-in
Price plus every upfront cost you need at the deeds office
R 714 460

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

Foreclosing creditor: STANDARD BANK.

Property

Sale type
Sheriff sale in execution

Auction details

Venue
MAGISTRATE'S COURT BALFOUR, FRANK STREET, BALFOUR
When
21 Aug 2026 · 11:00

Attorney

Firm
VEZI DE BEER ATTORNEYS
Phone
012 361 5640
Ref
R ISMAIL/CM/MAT74922
Case
33963/2022

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/CM/MAT74922 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.

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Use the bond calculator above to estimate monthly instalments, transfer duty, and total costs at the current prime rate.
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Source notice — Government Gazette No. 55078, 31 July 2026

Case No: 33963/2022 IN THE HIGH COURT OF SOUTH AFRICA (GAUTENG DIVISION, PRETORIA) In the matter between: SB GUARANTEE COMPANY (RF) PROPRIETARY LIMITED (REGISTRATION NUMBER: 2006/021576/07), PLAINTIFF and RUSTY STEPHENS (IDENTITY NUMBER: 641102 5241 087), DEFENDANT NOTICE OF SALE IN EXECUTION 21 AUGUST 2026, 11:00, MAGISTRATE'S COURT BALFOUR, FRANK STREET, BALFOUR In execution of a judgment of the High Court of South Africa, Gauteng Division, Pretoria, abovementioned suit, a sale with a Court reserve price of R680 000.00, will be held by the SHERIFF OF THE HIGH COURT HEIDELBERG AND BALFOUR at MAGISTRATE'S COURT BALFOUR, FRANK STREET, BALFOUR on FRIDAY the 21ST of AUGUST 2026 at 11:00 of the undermentioned property of the Defendant subject to the conditions of sale which are available for inspection at the offices of the SHERIFF HEIDELBERG AND BALFOUR during office hours. CERTAIN: PORTION 37 (A PTN OF PTN 10) OF THE FARM RIETFONTEIN NO 639, REGISTRATION DIVISION I.R. PROVINCE OF MPUMALANGA, MEASURING 3,3216 (THREE COMMA THREE TWO ONE SIX) HECTARES, HELD BY DEED OF TRANSFER T12071/2017, SUBJECT TO SUCH CONDITIONS AS SET OUT IN THE AFORESAID TITLE DEED ALSO KNOWN AS: PORTION 37 (A PORTION OF PORTION 10) OF THE FARM RIETFONTEIN NO 639. The following information is furnished regarding improvements on the property although nothing in this respect is guaranteed: VACANT LAND. The property is zoned residential. The sale shall be subject to the terms and conditions of the High Court and the rules made thereunder and the Purchaser (other than the Execution Creditor) shall pay a deposit of 10% (ten per centum) of the purchase price by way of an electronic funds transfer or in cash on the fall of the hammer at the sale. The full Conditions of Sale and rules of auction shall be inspected at the offices of SHERIFF HEIDELBERG AND BALFOUR at 40 UECKERMANN STREET, HEIDELBERG, 24 (twenty four) hours prior to the auction. 32 No. 55078 GOVERNMENT GAZETTE, 31 JULY 2026 Take further notice that: 1. This sale is a sale in execution pursuant to a judgment obtained in the above Court. 2. The rules of this auction is available 24 (twenty four) hours before the auction at the office of the SHERIFF HEIDELBERG AND BALFOUR, 40 UECKERMANN STREET, HEIDELBERG. 3. Registration as a buyer is a pre-requisite subject to the conditions, inter alia: (a) Directive of the Consumer Protection Act 68 of 2008 (URL http://www.info.gov.za/view/ DownloadFileAction?id=99961). (b) FICA-legislation in respect of proof of identity and address particulars; (c) No registration fee will be levied; (d) Registration conditions; (e) Advertising costs at current publication rates and sale costs according to Court rules apply; (f) The Purchaser shall pay to the Sheriff a deposit of 10% (ten per centum) of the purchase price in cash or by bank guaranteed cheque on the date of sale; (g) The balance shall be paid against transfer and shall be secured by a guarantee issued by a financial institution approved by the Executor Creditor or his or her attorney and shall be furnished to the Sheriff within 14 - 21 days after the sale; (h) Should the purchaser receive possession of the property, the purchaser shall be liable for occupational rental at the rate of 1% of the purchase price per month. Dated at PRETORIA, 02 JULY 2026. Attorneys for Plaintiff(s): VEZI DE BEER ATTORNEYS, 319 ALPINE ROAD, LYNNWOOD, PRETORIA. Tel: 012 361 5640. Fax: 0862396955. Ref: R ISMAIL/CM/MAT74922.

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.