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Sheriff sale in execution·Sectional title·Standard Bank

sectional title in 3431 Winnie Madikizela-Mandela Drive, Fourways Ext 59

·Gauteng
Reserve price
R 440 000
Verified 1d ago

Bond + transfer costs

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Your purchase
Property priceR 440 000
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Deposit10%
R 44 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 4 223
per month for 20 years
Total interest
R618k
Total repaid
R1.0m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 15 280
Bond registration
R 12 756
Deeds Office
R 1 000
Total upfront
R 29 036
All-in
Price plus every upfront cost you need at the deeds office
R 469 036

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

194 The Paddocks, 3431 Winnie Madikizela-Mandela Drive, Fourways Ext 59 Foreclosing creditor: STANDARD BANK. Sale by Sheriff Randburg West at Unit C.

Property

Floor area
35 m²
Sale type
Sheriff sale in execution

Auction details

Sheriff
Sheriff Randburg West at Unit C

Attorney

Firm
Findlay & Niemeyer Attorneys
Phone
(012)342-9164
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.