Sheriff sale in execution·House·Absa

house in LAKESIDE, VEREENIGING

·Gauteng

Reserve price

R 224 000

Verified 1d ago

Auction date

25 Jun 2026 · 10:00

Bond + transfer costs

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Your purchase

Property priceR 224 000

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Deposit10%

R 22 400

Interest rate11.50%

SA prime 11.50%

Term20 years

240 months

Monthly bond

Repayment

R 2 150

per month for 20 years

Total interest

R314k

Total repaid

R516k

Upfront costs (not in the bond)

SARS transfer duty

Below R1.1m threshold — none payable

R 0

Conveyancing fee

R 12 688

Bond registration

R 10 618

Deeds Office

R 1 000

Total upfront

R 24 306

All-in

Price plus every upfront cost you need at the deeds office

R 248 306

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

STAND 506 - 34th STREET, LAKESIDE, VEREENIGING THE PROPERTY IS ZONED: GENERAL RESIDENTIAL Foreclosing creditor: ABSA.

Property

Erf size: 328 m²
Erf number: 506
Sale type: Sheriff sale in execution

Auction details

Venue: 91B GENERAL HERTZOG ROAD, THREE RIVERS VEREENIGING
When: 25 Jun 2026 · 10:00

Attorney

Firm: STRAUSS DALY INC.
Phone: (010) 201-8600

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.