2-bed house in Gauteng

Case No: 2024-101242 Docex 262, JOHANNESBURG IN THE HIGH COURT OF SOUTH AFRICA (Gauteng Local Division, Johannesburg) In the matter between: NEDBANK LIMITED, Plaintiff nd PAKADE, M, Defendant NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 27 AUGUST 2026, -, Sheriff of the High Court, Vereeniging at 91 General Hertzog Street, Three Rivers, Vereeniging This is a sale in execution pursuant to a Judgment obtained in the above Honourable Court dated 20 November 2025 in terms of which the following property will be sold in execution by the Sheriff of the High Court Vereeniging at 91 General Hertzog Street, Three Rivers, Vereeniging on the 27 August 2026 at 10h00, subject to a reserve price of R235,000.00 (two hundred and thirty five thousand rand). Certain: Erf 3779, Lakeside; Registration Division: I.Q.; situated at House 3779, Lakeside, Vereeniging; measuring 227 square metres; Zoned: Residential; held under Deed of Transfer Number T35559/2011. Improvements: (The nature, extent, condition and existence of the improvements are not guaranteed) 2 Bedrooms, 1 Bathroom, Lounge, Kitchen, Toilet The Purchaser shall in addition to the Sheriff’s commission, which is 6% on the proceeds of the sale up to a price of R100 000.00 (One Hundred Thousand Rand) and thereafter 3.5% on R100 001.00 to R400 000.00 and 1.5 per cent on the balance of the proceeds of the sale, subject to a maximum commission of R40 000.00 plus VAT and a minimum of R3 000.00 plus VAT (inclusive in all instances of the sheriff’s bank charges and other expenses incurred in paying the proceeds into his or her trust account), pay a deposit of 10% of the purchase price in cash or bank guarantee cheque or EFT into the Sheriff’s trust account immediately upon closing of the bid and the balance against transfer which shall be secured by a Bank or Building Society guarantee in a form acceptable to Plaintiff's conveyancers, which guarantee shall be delivered by the Purchaser to the Sheriff within twenty-one (21) days from the date of the sale and shall provide for the payment of the full balance and any such interest payable as provided for hereunder. The Rules of this auction are available 24 hours before the auction at the office of the Sheriff Vereeniging t 91 General Hertzog Street, Three Rivers, Vereeniging. The Sheriff Vereeniging will conduct the sale. Registration as a buyer is a pre-requisite subject to conditions, inter alia: A) Directive of the Consumer Protection Act 68 of 2008. URL http://www.info.gov.za/view/DownloadFileAction?id=99961) B) FICA - legislation i.r.o. proof of identity and addressparticulars. C) Payment of a Registration Fee of R50 000 by way of EFT prior to the sale. D) Registration conditions. The aforesaid sale shall be subject to the Conditions of Sale which may be inspected at the office of the Vereeniging at 91 General Hertzog Street, Three Rivers, Vereeniging during normal office hours Monday to Friday. Dated at -, -. Attorneys for Plaintiff(s): Biccari Bollo Mariano Inc, Oxford & Glenhove Building 1, Ground Floor, 116 Oxford Road, Melrose Estate, Johannesburg. Tel: 011 628 9300. Fax: -. Ref: W Hodges/RN6590. -.