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Sheriff sale in execution·House·Standard Bank

3-bed house in 16 THAGA STREET, LOUIS TRICHARDT EXTENSION 8

·Gauteng
Reserve price
R 580 000
Verified today

Bond + transfer costs

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Your purchase
Property priceR 580 000
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Deposit10%
R 58 000
Interest rate11.50%
SA prime 11.50%
Term20 years
240 months
Monthly bond
Repayment
R 5 567
per month for 20 years
Total interest
R814k
Total repaid
R1.3m
Upfront costs (not in the bond)
SARS transfer duty
Below R1.1m threshold — none payable
R 0
Conveyancing fee
R 16 880
Bond registration
R 14 120
Deeds Office
R 1 000
Total upfront
R 32 000
All-in
Price plus every upfront cost you need at the deeds office
R 612 000

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

16 THAGA STREET, LOUIS TRICHARDT EXTENSION 8 3 bed, 1 bath. Foreclosing creditor: STANDARD BANK.

Property

Bedrooms
3
Bathrooms
1
Erf number
4458
Sale type
Sheriff sale in execution

Auction details

Attorney

Phone
012) 361-5001
Case
9056/2021
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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.