2-bed house in Unit 1 Silver Stream, 8 Fred Verseput Avenue, Halfway Gardens Extension 23, Midrand

Case No: 2023/88284 IN THE HIGH COURT OF SOUTH AFRICA (GAUTENG DIVISION, JOHANNESBURG) In the matter between: ABSA HOME LOANS GUARANTEE COMPANY (RF) PTY LTD, First Plaintiff and ABSA BANK LIMITED, Second Plaintiff and UNNAM, UPENDAR, Defendant NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 25 AUGUST 2026, 11:00, SHERIFF HALFWAY HOUSE, UNIT 10 INNOVATION WORX, 90 RICHARDS DRIVE, HALFWAY HOUSE, MIDRAND IN EXECUTION of a judgment of the above Honourable Court in the above action, dated 27 JANUARY 2025 and 20 APRIL 2026, a sale will be held by the SHERIFF HALFWAY HOUSE at UNIT 10 INNOVATION WORX, 90 RICHARDS DRIVE, HALFWAY HOUSE, MIDRAND on 25 AUGUST 2026 at 11H00 or so soon thereafter of the undermentioned property of the Defendant on the Conditions, which will lie for inspection at the SHERIFF HALFWAY HOUSE at UNIT 10 INNOVATION WORX, 90 RICHARDS DRIVE, HALFWAY HOUSE, MIDRAND, subject to a reserve price set at R520 000.00. (1) A Unit consisting of - (a) Section Number 1 as shown and more fully described on Sectional Plan Number SS187/2004, in the scheme known as SILVER STREAM in respect of the land and building or buildings situated at HALFWAY GARDENS EXTENSION 23 TOWNSHIP, Local Authority: CITY OF JOHANNESBURG of which section the floor area, according to the said sectional plan, is 102 (ONE HUNDRED AND TWO) square metres in extent; and (b) an undivided share in the common property in the scheme apportioned to the said section in accordance with the participation quota as endorsed on the said sectional plan Held by Deed of Transfer No: ST66290/2019; and (2) An exclusive use area described as PARKING U1 measuring 13 (THIRTEEN) square metres, being as such part of the common property, comprising the land and the scheme known as SILVER STREAM in respect of the land and building or buildings situate at HALFWAY GARDENS EXTENSION 23 TOWNSHIP, Local Authority: CITY OF JOHANNESBURG, as shown and more fully described on Sectional Plan Number SS187/2004, Held by Notarial Deed of Cession No: SK9298/2019. Situated at: Unit 1 Silver Stream, 8 Fred Verseput Avenue, Halfway Gardens Extension 23, Midrand Magisterial Court District (Randburg) (NO WARRANTY IS GIVEN IN RESPECT OF THE PHYSICAL ADDRESS) The following information is furnished regarding the improvements, though in this respect nothing is guaranteed: RESIDENTIAL PROPERTY CONSISTING OF: IMPROVEMENTS: Lounge, Dining Room, Kitchen, 2 Bedrooms, 2 Bathrooms, 2 Showers, 2 Toilets, 1 Carport, 1 Garden THE NATURE, EXTENT, CONDITION AND EXISTENCE OF THE IMPROVEMENTS ARE NOT GUARANTEED AND/OR NO WARRANTY IS GIVEN IN RESPECT THEREOF AND ARE SOLD "VOETSTOOTS" 1. The purchaser shall pay auctioneer's commission subject to a maximum of R40 000.00 plus V.A.T. and a minimum of R3 000.00 plus V.A.T. 2. A Deposit of 10% of the purchase price immediately on demand by the Sheriff. The balance of purchase price and any such interest payable, shall be paid to the Sheriff against transfer and shall be secured by a Bank guarantee, to be approved by the Plaintiffs' Attorneys, which shall be furnished to the Sheriff within 21 days after the date of sale. 3. The Rules of the auction are available 24 hours prior to the auction at the Sheriff at UNIT 10 INNOVATION WORX, 90 RICHARDS DRIVE, HALFWAY HOUSE, MIDRAND. The office of the SHERIFF HALFWAY HOUSE will conduct the Sale. 4. All terms and conditions are available at UNIT 10 INNOVATION WORX, 90 RICHARDS DRIVE, HALFWAY HOUSE, MIDRAND. 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 - Proof of Identity and address particulars c. Payment of a registration fee of R50 000.00 - in Cash / EFT d. Registration Conditions THE AFORESAID SALE SHALL BE SUBJECT TO THE CONDITIONS OF SALE WHICH MAY BE INSPECTED AT THE SHERIFF HALFWAY HOUSE at UNIT 10 INNOVATION WORX, 90 RICHARDS DRIVE, HALFWAY HOUSE, MIDRAND. PLAINTIFFS' ATTORNEYS TIM DU TOIT & CO INC 33 The Valley Road Cnr. Jan Smuts Avenue Westcliff JOHANNESBURG TEL: 011 274 9800 EMAIL: cobus@timdutoit.co.za Ref: JN7198/U50/N. Erasmus/CO. Dated at JOHANNESBURG, -. Attorneys for Plaintiff(s): TIM DU TOIT & CO INCORPORATED ATTORNEYS, 33 The Valley Road, Cnr Jan Smuts Avenue Westcliff , Johannesburg. Tel: 011 274 9800. Fax: 011 646 7982. Ref: JN7198/U50/ N. Erasmus/CO. -.