27-bed house in 107 - 6th Avenue, Bezuidenhout Valley

Case No: 2024/47954 Docex: 27 BEDFORDVIEW IN THE HIGH COURT OF SOUTH AFRICA (GAUTENG DIVISION - JOHANNESBURG) In the matter between: SB GUARANTEE COMPANY (RF) PROPRIETARY LIMITED, PLAINTIFF and MLANGENI: JUSTICE MXOLISI, DEFENDANT NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 18 AUGUST 2026, 11:00, 61 VAN REBEECK AVENUE, ALBERTON In execution of a judgment of the High Court of South Africa, Gauteng Division - Johannesburg in the suit, a sale to the highest bidder subject to a reserve price of R730 971.76 will be held at the offices of the Sheriff JOHANNESBURG EAST at 61 VAN RIEBEECK AVENUE, ALBERTON at 11H00 on 18 AUGUST 2026 of undermentioned property of the Defendants on the conditions which may be inspected at the office of the Sheriff, prior to the sale. CERTIAN: ERF 217 BEZUIDENHOUT VALLEY TOWNSHIP REGISTRATION DIVISION: I.R., THE PROVINCE OF GAUTENG MEASURING: 495 (FOUR HUNDRED AND NINETY FIVE) SQUARE METRES HELD BY DEED OF TRANSFER NUMBER T7878/2023. SITUATE AT: 107 - 6TH AVENUE, BEZUIDENHOUT VALLEY with chosen domicilium cititandi et executandi being 26875 MASAKHANE STREET, EMAPHUP, ETHWATHWA. THE PROPERTY IS ZONED: RESIDENTIAL. IMPROVEMENTS: Please note that nothing is guaranteed and /or no warranty is given in respect thereof. MAIN BUILDING : Single storey freestanding, brick walls, corrugated iron roof, tile roof, lounge, dining room, bedrooms, kitchen, 3 bathrooms and toilet. (The accuracy thereof can however not be guaranteed). 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 to: (a) 6% on the first R100 000.00; (b) 3.5% on R100 001.00 to R400 000.00; (c) 1.5% on the balance of the proceeds of the sale subject to A maximum commission R40 000.00 plus VAT and a minimum of R3 000.00 plus VAT. 2. A deposit of 10% of the purchase price immediately on demand by the Sheriff. The balance of the 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 Plaintiff's Attorney, which shall be furnished to the Sheriff within 21 (twenty one) days after the sale. 3. 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. 4. Should the purchaser received possession of the property, the purchaser shall be liable for occupational rental at the rate of 1% of the purchase price per month as per date of transfer of the property. 5. The rules of auction are available 24 hours prior to the auction at the offices of the Sheriff JOHANNESBURG EAST at 61 VAN REBEECK AVENUE, ALBERTON. 6. The office of the Sheriff JOHANNESBURG EAST will conduct the sale with actioneers J.A. THOMAS. 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:/view/DownloadFileAction?!=99961) (b) FICA LEGISLATION - Proof of ID and address particulars (c) Payments of a registration fee of R50 000.00 - by EFT that must reflect in the Sheriff's account prior to the sale. (d) Registration conditions: no person will be allowed if they are not registered for FICA and CPA. The aforesaid sale shall be subject to the conditions of sale which may be inspected at the office of the Sheriff JOHANNESBURG EAST, 61 VAN RIBEECK AVENUE, ALBERTON. Dated at BEDFORDVIEW, 23 JULY 2026. 84 No. 55078 GOVERNMENT GAZETTE, 31 JULY 2026 Attorneys for Plaintiff(s): STUPEL & BERMAN INC, 1ST FLOOR BRADFORD CORNER, 2 BRADFORD ROAD, BEDFORDVIEW. Tel: 011 776 3000. Fax: 086 769 0863. Ref: 116962 / D GELDENHUYS / PF. -.