Sheriff sale in execution·Sectional title·Standard Bank

3-bed sectional title in Gauteng

·Gauteng

Reserve price

R 870 000

Verified today

Bond + transfer costs

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Your purchase

Property priceR 870 000

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Deposit10%

R 87 000

Interest rate11.50%

SA prime 11.50%

Term20 years

240 months

Monthly bond

Repayment

R 8 350

per month for 20 years

Total interest

R1.2m

Total repaid

R2.0m

Upfront costs (not in the bond)

SARS transfer duty

Below R1.1m threshold — none payable

R 0

Conveyancing fee

R 20 070

Bond registration

R 16 730

Deeds Office

R 1 460

Total upfront

R 38 260

All-in

Price plus every upfront cost you need at the deeds office

R 908 260

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

CONDOR CLOSE in respect of the land and building or buildings situate at WILGEHEUWEL EXTENSION 13 TOWNSHIP, LOCAL AUTHORITY: CITY OF JOHANNESBURG of which section the floor area, a 3 bed, 2 bath. Foreclosing creditor: STANDARD BANK.

Property

Bedrooms: 3
Bathrooms: 2
Sale type: Sheriff sale in execution

Auction details

Attorney

Phone: 0123651887
Case: 1962/000738

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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.