2-bed sectional title in Johannesburg, Gauteng

Case No: 2025/091394 IN THE HIGH COURT OF SOUTH AFRICA (Gauteng Local Division) In the matter between: Nedbank Limited, Execution Creditor and Sipho Ndlovu (Id No. 9508146016087), Judgment Debtor NOTICE OF SALE IN EXECUTION 26 AUGUST 2026, 11:00, Sheriff Randburg South West, 1st Floor Unit 7, Burnside Island Office Park, 410 Jan Smuts Avenue, Craighall In execution of a judgment of the High Court of South Africa, Gauteng Local Division, Johannesburg, in the abovementioned suit, a sale with a reserve price of R489000.00 will held by the Sheriff Randburg South West at 1st Floor Unit 7, Burnside Island Office Park, 410 Jan Smuts Avenue, Craighall, Randburg on the 26th day of August 2026 at 11h00 of the undermentioned property of the Judgment Debtors on the conditions to be read out by the Auctioneer at the time of the sale, which conditions will lie for inspection, prior to the sale, at the offices of the Sheriff Randburg South West at 1st Floor Unit 7, Burnside Island Office Park, 410 Jan Smuts Avenue, Craighall, Randburg (short description of the property, situation and street number). Certain: A unit consisting of - Section No. 314 as shown and more fully described on Sectional Plan No. SS1090/2015 in the scheme known as Notting Hill in respect of the land and building or buildings situated at Ferndale Extension 32 Township, 144 No. 55170 GOVERNMENT GAZETTE, 14 AUGUST 2026 Local Authority: City of Johannesburg Metropolitan Municipality of which section the floor area, according to the said sectional plan is 54 (fifty four) square metres in extent; and 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 under Deed of Transfer No. ST11317/2020 and subject to such conditions as set out in the aforesaid Deed. Situated at Unit 314 Nottinghill, 12 Bottlebrush Street, Ferndale Ext. 32, Randburg. Improvements: (none of which are guaranteed) consisting of the following: Main building: 2 Bedrooms, Bathroom, Kitchen, Lounge. Outbuildings: None. Brick under corrugated iron. Terms: 10% (ten percent) of the purchase price to be paid on the day of the sale; the balance payable against registration of transfer to be secured by a bank or other acceptable guarantee to be furnished within 21 (twenty one) days from the date of sale. Auctioneers charges, payable on the day of sale, to be calculated as follows: 6% (six percent) on the first R100000.00; 3.5% on R100001.00 to R400000.00 and 1.5% on the balance of the proceeds of the sale, subject to a maximum commission of R40000.00 in total, plus VAT if applicable and a minimum of R3000.00, plus VAT if applicable. TAKE NOTICE FURTHER THAT - 1) The sale in execution is conducted in accordance to the Consumer Protection Act 68 of 2008 as amended, in pursuance of an order granted against the Judgment Debtor for money owing to the Execution Creditor. 2) The rules of this auction and conditions of sale may be inspected at the Sheriff's office, 1st Floor Unit 7, Burnside Island Office Park, 410 Jan Smuts Avenue, Craighall, Randburg during office hours. 3) 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 address particulars. All bidders are required to present their Identity Document with proof of residence for FICA compliance. C) All bidders are required to pay R50000.00 (refundable) registration fee one (1) day prior to the sale, EFT or bank guaranteed cheque, NO CASH ACCEPTED, in order to obtain a buyer's card. D) The Purchaser shall pay to the Sheriff a deposit of 10% of the purchase price via EFT or by bank guaranteed cheque on the day of the sale. The balance shall be paid against transfer and shall be secured by a guarantee issued by a financial institution approved by the execution creditor or his or her attorney and shall be furnished to the Sheriff within 21 (twenty one) days after the sale. E) The property may be taken possession of after signature of the conditions of sale, payment of the deposit and upon balance of the purchase price being secured in terms of condition 7.1 of the conditions of sale. F) 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 the date of possession of the property to date of registration. The auction will be conducted by the Sheriff or his/her deputy. Advertising costs at current publication rates and sale costs according to court rules, apply. Dated at Johannesburg, 15 JUNE 2026. Attorneys for Plaintiff(s): Rossouws Lesie Inc., 8 Sherborne Road, Parktown, Johannesburg. Tel: (011)7269000. Fax: (011)7263855. Ref: M0032827/N Roets/R Beetge. -.