2-bed house in 539/2281 Excavator Street, Savanna City Extension 1

Case No: 2021/58826 DOCEX 125, JHB IN THE HIGH COURT OF SOUTH AFRICA (Gauteng Local Division, Johannesburg) In the matter between: ABSA BANK LIMITED, FIRST PLAINTIFF; and ABSA HOME LOANS GUARANTEE COMPANY (RF) PTY LTD, SECOND PLAINTIFF, and PHUMELELE SIBEKO, Defendant NOTICE OF SALE IN EXECUTION 2026-08-20, 10:00, 91 General Hertzog Street, Three Rivers, Vereeniging TAKE NOTICE that in pursuance of a Judgment of the above Honourable Court in the above case on 06 SEPTEMBER 2022 and in execution of a Writ of Execution of immovable property, the following property will be sold by the Sheriff of the High Court for the district of VEREENIGING on 20 AUGUST 2026 at 10:00 at 91 GENERAL HERTZOG STREET, THREE RIVERS, VEREENIGING, to the highest bidder, subject to a reserve price of R180 000.00: CERTAIN: PORTION 539 OF ERF 2281 SAVANNA CITY EXTENSION 1 TOWNSHIP, REGISTRATION DIVISION I.Q., THE PROVINCE OF GAUTENG; MEASURING: 155 (ONE HUNDRED AND FIFTY FIVE) SQUARE METRES; HELD: Under Deed of Transfer T6920/2019; SITUATE AT: 539/2281 EXCAVATOR STREET, SAVANNA CITY EXTENSION 1; ZONING: SPECIAL RESIDENTIAL (NOTHING GUARANTEED); IMPROVEMENTS: The following information is furnished but not guaranteed: The property situated at 539/2281 EXCAVATOR STREET, SAVANNA CITY EXTENSION 1 consists of: 1 x Lounge, 1 x Kitchen, 2 x Bedrooms and 1 x Bathroom (The nature, extent, condition and existence of the improvements are not guaranteed); The Purchaser shall in addition to the Sheriff's commission, which is 6% (Six Percent) on the first R100 000.00, 3.5% on R100 001.00 to R400 000.00 and 1.5% on the balance of the proceeds of the sale up to a maximum fee of R40 000.00 (Forty Thousand Rand) in total and a minimum of R3 000.00 (Three Thousand Rand), 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 guarantee in a form acceptable to Plaintiff's conveyancers, which guarantee shall be delivered by the Purchaser to the Sheriff within (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. Possession of the property may be taken once the purchaser has complied with the Conditions of Sale, including payment of the deposit and furnishing of the required guarantee. The purchaser shall be liable for occupational rental calculated at 1% of the purchase price per month, from the date of possession. The Rules of this auction are available 24 hours before the auction at the office of the SHERIFF VEREENIGING, 91 GENERAL HERTZOG ROAD, 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. (URLhttp://www.info.gov.za/view/DownloadFile Action?id=99961) B) FICA - legislation i.r.o. proof of identity and address particulars. C) Payment of a Registration Fee. D) Registration conditions of the Consumer Protection Act 68 of 2008. The aforesaid sale shall be subject to the Conditions of Sale which may be inspected at the office of the SHERIFF VEREENIGING, 91 GENERAL HERTZOG ROAD, THREE RIVERS, VEREENIGING, during normal office hours Monday to Friday, Tel: 016 100 9000, or at the offices of the attorneys acting for the Execution Creditors/Plaintiffs: SMIT SEWGOOLAM INC., 12 AVONWOLD ROAD, CNR JAN SMUTS AVENUE, SAXONWOLD, JOHANNESBURG, TEL 011 646 0006 (REF: JE/JA/MAT41428). Dated at: JOHANNESBURG, 2026-06-29. Smit Sewgoolam Inc, 12 Avonwold Road, Cnr Jan Smuts Avenue, Private Bag 836, Saxonwold, Johannesburg, Tel. 011 646 0006, Fax. 011 646 0016, Ref. JE/JA/MAT41428. 32  No. 55118 GOVERNMENT GAZETTE, 31 July 2026