3-bed house in 10 Pennsylvania Close, Cosmo City Extension 5

Case No: 113917/2023 DX 136, PRETORIA IN THE HIGH COURT OF SOUTH AFRICA (GAUTENG DIVISION, PRETORIA) In the matter between : SB GUARANTEE COMPANY (RF) PROPRIETARY LIMITED (Registration Number : 2006/021576/07), Plaintiff and MASILU TSIETSI MUGWABANA, Defendant NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 01 SEPTEMBER 2026, 11:00, OFFICE OF THE SHERIFF OF THE HIGH COURT, RANDBURG WEST, UNIT C1, MOUNT ROYAL, 657 JAMES CRESCENT, HALFWAY HOUSE, MIDRAND In terms of a judgment granted on 14 OCTOBER 2025, in the above Honourable Court and a Writ of Execution on immovable property issued thereafter, and the subsequent attachment thereof, the undermentioned property will be sold in execution on TUESDAY, 1 SEPTEMBER 2026 at 11h00 in the morning at the OFFICE OF THE SHERIFF OF THE HIGH COURT, RANDBURG WEST, UNIT C1, MOUNT ROYAL, 657 JAMES CRESCENT, HALFWAY HOUSE, MIDRAND, SUBJECT TO A RESERVE IN THE AMOUNT OF R818 317,02 (EIGHT HUNDRED AND EIGHTEEN THOUSAND THREE HUNDRED AND SEVENTEEN 76 No. 55211 GOVERNMENT GAZETTE, 21 AUGUST 2026 RAND AND TWO CENTS). DESCRIPTION OF PROPERTY ERF 5442 COSMO CITY EXTENSION 5 TOWNSHIP, REGISTRATION DIVISION I.Q., PROVINCE OF GAUTENG, MEASURING: 469 (FOUR HUNDRED AND SIXTY NINE) SQUARE METRES, HELD BY DEED OF TRANSFER NUMBER T5089/2021. Street address : 10 Pennsylvania Close, Cosmo City Extension 5, MAGISTERIAL DISTRICT : RANDBURG. IMPROVEMENTS 1 x Kitchen, 1 x Lounge, 3 x Bedrooms, 1 x Bathroom, 1 x WC, 1 x Garage. 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”. Zoning : Residential (a) TERMS The purchase price shall be paid as follows : 1.1 a deposit of 10% (TEN PERCENT) of the purchase price shall be paid immediately in cash or bank guaranteed cheque at the date of the sale; 1.2 the balance of the purchase price shall be paid by way of an acceptable bank guaranteed cheque within 21 (TWENTY ONE) days from the date of the sale. 2. CONDITIONS The conditions of the sale will be read out prior to the commencement of the sale, which conditions will be made available for inspection thereof at the OFFICE OF THE SHERIFF OF THE HIGH COURT, RANDBURG WEST, UNIT C1, MOUNT ROYAL, 657 JAMES CRESCENT, HALFWAY HOUSE, MIDRAND. Registration as 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, proof of identity and address and particulars; (c) Payment of a refundable registration fee of R50 000,00 (refundable); (d) Registration Conditions: no person will be allowed on the premises if they are not registered for FICA and CPA. The Execution Creditor, Sheriff and/or Plaintiff's Attorney do not give any warranties with regard to the description and/or improvements. Dated at PRETORIA, 10 AUGUST 2026. Attorneys for Plaintiff(s): HANNES GOUWS & PARTNERS INC., 2nd Floor, Corobay Corner, Cnr Corobay & Aramist Avenues (Entrance in Dallas Street), Menlyn Maine, Pretoria. Tel: (012) 321-1008. Fax: (012) 346-2239. Ref: FORECLOSURES / MAT19297 / TH. -.