2-bed sectional title in Unit 49 Mannikin Close, 1 Jubilee Street, Parkrand, Boksburg

Case No: 2023-132416 IN THE HIGH COURT OF SOUTH AFRICA (GAUTENG DIVISION, JOHANNESBURG) In the matter between: SB GUARANTEE COMPANY (RF) PROPRIETARY LIMITED, Execution Creditor and KUDAKWASHE PROMISE NECHIKWIRA, Judgment Debtor NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 28 AUGUST 2026, 09:30, Sheriff of the High Court BOKSBURG at THE SHERIFF'S OFFICE, 182 LEEUWPOORT STREET, BOKSBURG In pursuance of a judgment granted by this Honourable Court on 26 AUGUST 2024, and a Warrant of Execution issued thereafter, the undermentioned immovable property will be sold in execution with reserve price of R400 000.00 by the Sheriff of the High Court BOKSBURG at THE SHERIFF'S OFFICE, 182 LEEUWPOORT STREET, BOKSBURG on FRIDAY, 28 AUGUST 2026 at 09:30, to the highest bidder. Full Conditions of Sale may be inspected at the offices of THE SHERIFF OF THE HIGH COURT, BOKSBURG, 182 LEEUWPOORT STREET, BOKSBURG, whom shall hold the sale and shall read out the Conditions of sale prior to the sale in execution. The Sheriff, Execution Creditor and/or Execution Creditor's Attorneys do not give any warranties with regard to the description and/or improvements of the below-mentioned immovable property. A Unit consisting of: (a) Section No. 49 as shown and more fully described on Sectional Plan No. SS11/2009, in the scheme known as MANNIKIN CLOSE in respect of the land and building or buildings situated at Parkrand Extension 18 Township, Local Authority: City of Ekurhuleni Metropolitan Municipality of which section the floor area, according to the said sectional plan, is 51 (Fifty 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 said sectional plan. Held by DEED of TRANSFER NO. ST17954/2020 and subject to such conditions as set out in the aforesaid Deed and more especially subject to the conditions imposed in favour of Parklands Village Home Owners Association (RF) NPC - Registration Number 2005/032772/08 ALSO KNOWN AS UNIT 49 MANNIKIN CLOSE, 1 JUBILEE STREET, PARKRAND, BOKSBURG, GAUTENG IMPROVEMENTS (not guaranteed): MAIN BUILDING: a flat with brick walls, tiled roof, lounge, 2 bedrooms, kitchen, bathroom with shower and bath. TAKE FURTHER NOTICE: 1 This sale is voetstoots and subject to the conditions of the existing title deeds. The highest bidder shall be the Purchasers. The price bid shall be exclusive of VAT and the Purchasers shall pay VAT on the purchase price as provided for in the Conditions of Sale, subject to the provisions thereof. 2 Registration as a buyer is a pre-requisite subject to the following conditions, inter alia: 2.1 Directive of the Consumer Protection Act 68 of 2008. (URL http://www.info.gov.za/view/DownloadFileAction?id=99961). 2.2 FICA-legislation: Requirement of proof of ID and residential address and other. 2.3 All bidders are required to pay R30 000.00 (which is conditionally refundable after conclusion of the sale) registration fee prior to the commencement of the auction in order to obtain a buyer's card. 2.4 Sheriff's registration conditions. 3 The Purchasers shall pay a deposit of 10% immediately on sale and the balance against transfer by a bank and furnish a guarantee for such payment issued by the bank concerned within 21 days of sale by a bank. 4 The property may be taken possession of after signature of the conditions of sale, payment of the deposit and upon the balance of the purchase price being secured in terms of conditions. 5 Should the purchaser receive possession of the property, the purchaser shall be liable for occupational rental at the rate of 1% of the purchase price per month from date of possession to date of transfer. c/o TIM DU TOIT & CO INC. 33 The Valley Road c/o Jan Smuts Avenue Westville, JOHANNESBURG Tel: 011 274 9800 Dated at CAPE TOWN, 02 JULY 2026. Attorneys for Plaintiff(s): TIM DU TOIT ATTORNEYS, 7th Floor, 56 Shortmarket Street, Cape Town City Centre, 8001. Tel: 021 529 7710. Fax: 021 529 7711. Ref: T Van der Spuy/ilr/M33801.