Sheriff sale in execution·Vacant land·FNB

1,200 m² vacant residential plot, Midrand

·Gauteng

Reserve price

R 480 000

↓ 11% below market

Verified 1d ago

Auction date

08 Jun 2026 · 10:00

Case

2025-009876

Is this a deal?

Around market

Reserve is within 15% of the suburb median.

Suburb median

from 8 listings

R 540 000

↓Reserve is 11% below

Municipal valuation 2024

City of Johannesburg

R 410 000

↑Reserve is 17% above

Suburb range8 listings

R380k

reserve

R720k

lowmedianhigh

Bond + transfer costs

Open full calculator →

Your purchase

Property priceR 480 000

Drag or type the number below

Deposit10%

R 48 000

Interest rate11.50%

SA prime 11.50%

Term20 years

240 months

Monthly bond

Repayment

R 4 607

per month for 20 years

Total interest

R674k

Total repaid

R1.1m

Upfront costs (not in the bond)

SARS transfer duty

Below R1.1m threshold — none payable

R 0

Conveyancing fee

R 15 760

Bond registration

R 13 152

Deeds Office

R 1 000

Total upfront

R 29 912

All-in

Price plus every upfront cost you need at the deeds office

R 509 912

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

Erf 4521, zoned Residential 1. Services available. Sloping site, north-facing. Sale in execution.

Property

Erf size: 1200 m²
Erf number: 4521
Sale type: Sheriff sale in execution

Auction details

Venue: 614 James Crescent, Halfway House
Sheriff: Sheriff Halfway House
When: 08 Jun 2026 · 10:00

Attorney

Firm: VVM Inc
Phone: 012 666 7878
Case: 2025-009876

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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.