2-bed sectional title in Cape Town, Western Cape

Case No: 2024/032503 DX 31 SANDTON SQUARE IN THE HIGH COURT OF SOUTH AFRICA (Gauteng Local Division, Johannesburg) In the matter between: Absa Home Loans Guarantee Company (RF) PTY Limited, First Judgment Creditor and Absa Bank Limited, Second Judgment Creditor and Nawaal Davids, Execution Debtor NOTICE OF SALE IN EXECUTION 02 SEPTEMBER 2026, 11:00, 3 EBENEZER ROAD, HOUSE VINCENT, 3RD FLOOR WYNBERG MEWS, WYNBERG This is a sale in execution pursuant to a judgment obtained in the above Honourable Court dated the 23 October 2024 in terms of which the below property will be sold in execution by the Sheriff WYNBERG EAST on 02 SEPTEMBER 2026at 11:00at 3 EBENEZER ROAD, HOUSE VINCENT, 3 RD FLOOR WYNBERG MEWS, WYNBERG to the highest bidder subject to a court reserve price of R660 000.00 (1) A Unit consisting of - (a) Section No. 20 as shown and more fully described on Sectional Plan no. SS247/2020, in the scheme known as FLAMINGO MEWS in respect of the land and building or buildings situated at LANSDOWNE, IN THE CITY OF CAPE TOWN of which section the floor area, according to the said sectional plan, is 61 (SIXTY-ONE) 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 NUMBER ST4219/2021 AND SUBJECT TO SUCH CONDITIONS AS SET OUT IN THE AFORESAID DEED (2) An exclusive use area described as PARKING BAY PB24 measuring 13 (THIRTEEN) SQUARE METRES being as such part of the common property, comprising the land and the scheme known as FLAMINGO MEWS in respect of the land and building or buildings situated at LANSDOWNE, IN THE CITY OF CAPE TOWN, as shown and more fully described on Sectional Plan no. SS246/2020 held by NOTARIAL DEED OF CESSION NUMBER SK995/2021S AND SUBJECT TO SUCH CONDITIONS AS SET OUT IN THE AFORESAID NOTARIAL DEED OF CESSION (“the immovable property”) which is certain, and is zoned as a residential property inclusive of the following: MAIN BUILDING: a flat consist of 2 bedrooms, 1 lounge, 1 kitchen and 1 bathroom WHICH CANNOT BE GUARANTEED The property is situated at: SECTION 20 (UNIT 5) FLAMINGO MEWS, FLAMINGO CRESCENT NERISSA ESTATE, CAPE TOWN, 7780,falling within the Magisterial District of CAPE TOWN. The Purchaser shall in addition to the Sheriff's commission, which is 6% (six percent) on the first R100 000.00 (One Hundred Thousand Rand) of the proceeds of the sale and thereafter 3.5% (Three comma Five percent) on R100 001.00 (One Hundred Thousand and One Rand) to R400 000.00 (Four Hundred Thousand Rand) and 1.5% (One point Five percent) on the balance of the proceed of the Sale plus VAT, subject to a maximum commission of R40 000.00 plus VAT in total and a minimum of R3 000.00 plus VAT, pay a deposit of 10% of the purchase price by 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 (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 will be available at least 24 hours before the auction at the office of the Sheriff WYNBERG EAST at 3 EBENEZER ROAD, HOUSE VINCENT, 3 RD FLOOR WYNBERG MEWS, WYNBERG Registration as a buyer is a pre-requisite subject to conditions including, inter alia: 1. Directive of the Consumer Protection Act 68 of 2008. (URL http://www.info.gov.za/view/ DownloandFileAction?id=99961) 2. FICA - legislation i.r.o. proof of identity and address particulars. 3. Payment of a Registration Fee of R10 000.00. 4. Registration conditions. The aforesaid sale shall be subject to the provisions of the Consumer Protection Act 68 of 2008 and Conditions of Sale which may be inspected at the office of the Sheriff WYNBERGE EAST at 3 EBENEZER ROAD, HOUSE VINCENT, 3 RD FLOOR WYNBERG MEWS, WYNBERG during normal office hours from Monday to Friday. Dated at Johannesburg, 29 JUNE 2026. Attorneys for Plaintiff(s): Lowndes Dlamini, 1st floor, 56 Wierda Road East, Wierda Valley, Sandton. Tel: 011-292-5777. Fax: 011-2925775. Ref: M ROOS/NM/MAT36752. The Citizen.