3-bed commercial property in 58 Montaque Street, Balfour

Case No: 5332/2024 IN THE HIGH COURT OF SOUTH AFRICA [MPUMALANGA DIVISION, MIDDELBURG (LOCAL SEAT)] In the matter between: SB GUARANTEE COMPANY (RF) PROPRIETARY LIMITED (REGISTRATION NUMBER: 2006/021576/07), Plaintiff and SIPHO ABEDNEGO DUBE (IDENTITY NUMBER: 6604055470085), Defendant NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 21 AUGUST 2026, 11:00, Sheriff of the High Court Heidelberg & Balfour in the Magistrate’s court, corner Themba Shoza & Frank Streeets, Balfour In pursuance of a judgment and warrant granted on 21 July 2025 in the above Honourable Court and under a Writ of Attachment issued thereafter the immovable property listed hereunder will be sold in execution on 21 August 2026 at 11:00 by the Sheriff of the High Court Heidelberg & Balfour in the Magistrate's court, corner Themba Shoza & Frank Streets, Balfour to the highest bidder subject to a reserve price of R280 000.00:- CERTAIN: PORTION 5 OF ERF 683 BALFOUR TOWNSHIP SITUATED: 58 Montaque Street, Balfour MAGISTERIAL DISTRICT: Dipaleseng REGISTRATION DIVISION: I.R. PROVINCE OF MPUMALANGA MEASURING: 357 (THREE HUNDRED AND FIFTY SEVEN) SQUARE METRES Improvements: The information given regarding the improvements on the property and details regarding the number and nature of rooms within the property is not guaranteed. Neither the Execution Creditor nor the Sheriff shall be held liable for any inaccurate information pertaining to the property where access to the property was, for whatever reason, limited or impossible. The improvements on the property consist of the following: 3 x Bedrooms; 1 x Lounge, kitchen, bathroom. DWELLING CONSISTS OF: RESIDENTIAL HELD by the DEFENDANT, SIPHO ABEDNEGO DUBE (IDENTITY NUMBER: 6604055470085), under his name under Deed of Transfer No. T11389/2016. The full conditions may be inspected at the offices of the Sheriff of the High Court Heidelberg & Balfour at 40 Ueckermann Street, Heidelberg 24 hours prior to the auction. Take further notice that: Registration as a buyer is a pre-requisite subject to conditions, inter alia: Directive of the Consumer Protection Act 68 of 2008. (URL http://www.info.gov.za/view/DownloadFileAction?id=99961) All bidders are required to present their identity document together with their proof of residence for FICA compliance The purchaser shall pay to the Sheriff a deposit of 10 % of the purchase price in cash, by bank guaranteed cheque or by way of an electronic funds transfer, immediately on the fall of the hammer or in any customary manner and provide proof thereof to the satisfaction of the Sheriff. 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 its attorney and shall be furnished to the Sheriff within 21 days after the date of sale or after the date of confirmation of the sale by the Court. 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 clause 4. 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. Pro-rata occupational rental shall be payable by the purchaser on the date of possession and thereafter monthly on or before the 1st of each month until date of registration of transfer Dated at Pretoria, 01 JULY 2026. Attorneys for Plaintiff(s): LGR Incorporated, 1st Floor, Silver Well Retail & Office Park, 27 Graham Road, Silver Lakes, Pretoria, PO Box 2766, Pretoria 0001,. Tel: (012) 817- 4843. Fax: 086 697 7980. Ref: BH/LH/IC001756.