3-bed flat in Section 3, Door number 3, Nanyuki, 17 Lilyvale Road, Pinetown, KwaZulu- Natal

Case No: D9841/2022 Docex: 5 Umhlanga Rocks IN THE HIGH COURT OF SOUTH AFRICA (KWAZULU-NATAL LOCAL DIVISION, DURBAN) In the matter between: NEDBANK LIMITED Execution Creditor and THULISIWE LUCIA MZOBE, Execution Debtor NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 26 AUGUST 2026, 10:00, Sheriff of the High Court, at 18 Suzuka Road, Westmead, Pinetown PROPERTY DISCRIPTION a) Section No.3 as shown and more fully described on Sectional Plan SS112/1980, in the scheme known as NANYUKI in respect of the land and building or buildings situate at PINETOWN, eThekwini Municipality of which section the floor area, according to the sectional plan, is 160 (One Hundred and Sixty) square metres in extent; and b) an undivided share in the common property in the scheme to the said section in accordance with the participation quota as endorsed on the said sectional plan held by the Deed of Transfer Number ST17/23877 and subject to the conditions contained therein PHYSICAL ADDRESS: Section 3, Door number 3, Nanyuki, 17 Lilyvale Road, Pinetown, KwaZulu- Natal. (Magisterial District of eThekwini) ZONING : Residential. IMPROVEMENTS : A flat with tiled floors situated on street level on the ground floor with fence and electronic gates consisting of: Main Building: 3 x bedrooms, 1 x ensuite, built-in cupboards, 1 x full bathroom (shower & bath), 1 x kitchen, 1 x dining room, built-in cupboards, 1 x lounge, double garage and fence Nothing in this regard is guaranteed. 1. The sale is a sale in execution pursuant to a judgment granted on the 17 July 2024 and a Warrant of Execution issued thereafter, the above-mentioned immovable property will be sold to the highest bidder subject to a reserve price of R725 000.00 by the sheriff of the high court at The Sheriff's Office, 18 Suzuka Road, Westmead, Pinetown on the 26 August 2026 at 10h00. 2. The sale shall be subject to the terms and conditions of the High Court Act and the Rules made thereunder. 3. Full Conditions of Sale may be inspected at the Offices of the Sheriff for Pinetown, at 18 Suzuka Road, Westmead, Pinetown whom shall hold the sale and shall read out the Conditions of sale prior to the sale in execution. 4.The Rules of this auction and a full advertisement is available 24 hours before the auction at the office of the Sheriff for Pinetown, at 18 Suzuka Road, Westmead, Pinetown 5. Registration as a buyer is a pre-requisite, subject to specific conditions, inter alia: (a) In accordance to the Consumer Protection Act 68 of 2008 (http://www.info.gov.za/view/ downloadfileAtion?id=99961) (b) FICA-legislation Requirements: Proof of Identity document and Residential address and other. (c) Payment of a Registration deposit fee of R15 000.00 (refundable) in cash. (d) Registration of conditions 6. Transfer shall be effected by the attorneys for the Execution Creditor and the purchaser shall pay all transfer dues, including transfer duty, current and / or arrear levies /rates and / or Value Added Tax and other necessary charges to effect transfer upon request by the sale attorneys. 7. The conditions shall lie for inspection at the office of the Sheriff Pinetown, at 18 Suzuka Road, Westmead, Pinetown for 15 days prior to the date of sale. 8. The Purchaser shall, in addition to the Auctioneer's commission pay to the Sheriff, a deposit of 10% of the purchase price in cash or EFT on the day of sale. 9. The balance shall be paid against transfer and shall be secured by a Guarantee issued by a Financial Institution approved by the Execution Creditor of his or her Attorney and shall be furnished to the sheriff within 21 days after the sale. 10. The purchaser may be taken possession of the property, the purchaser shall be liable for occupational rental at the rate of 1% per month on the purchase price. 11. The auction will be conducted by auctioneers N.B Nxumalo and/or Ms S Mkhwanazi and/or Ms C Moonsamy 12. Advertising costs at current publication rates and sale costs according to court rules, apply. Dated at Umhlanga, 30 JUNE 2026. Attorneys for Plaintiff(s): Garlicke & Bousfield Inc, 7 Torsvale Crescent, La Lucia Ridge, La Lucia. Tel: 031 570 5300. Fax: 031-570 5307. Ref: Ms. BB/am/L2154/22. -.