3-bed house in 21 Timlas Road, Raisethorpe

Case No: 2710/2025 DOCEX 120, PRETORIA IN THE HIGH COURT OF SOUTH AFRICA (KWAZULU-NATAL DIVISION, PIETERMARITZBURG) In the matter between: SB GUARANTEE COMPANY (RF) PROPRIETARY LIMITED (REGISTRATION NUMBER: 2006/021576/07) - EXECUTION CREDITOR and SELMENO THOMAS (ID NUMBER: 720101 5334 086) - FIRST EXECUTION DEBTOR and MANASHERIE THOMAS (ID NUMBER: 720421 0322 088) - SECOND EXECUTION DEBTOR NOTICE OF SALE IN EXECUTION 27 AUGUST 2026, 09:00, 20 OTTO STREET, PIETERMARITZBURG In execution of a Judgment of the High Court of South Africa, Kwazulu-Natal Division, Pietermaritzburg in the above mentioned suit, a sale with a reserve price of R1 295 000.00, will be held by the Sheriff PIETERMARITZBURG at 20 OTTO STREET, PIETERMARITZBURG on THURSDAY the 27 AUGUST 2026 at 09:00 of the undermentioned property of the Judgment debtors subject to the conditions of sale which are available for inspection at the offices of the Sheriff PIETERMARITZBURG during office hours: PORTION 7 OF ERF 48 RAISETHORPE REGISTRATION DIVISION F.T.;PROVINCE OF KWAZULU-NATAL IN EXTENT 657 (SIX HUNDRED AND FIFTY-SEVEN) SQUARE METRES HELD BY DEED OF TRANSFER NUMBER T34753/2016SUBJECT TO THE CONDITIONS THEREIN CONTAINED MAGISTERIAL DISTRICT: UMGUNGUNDLOVU ALSO KNOWN AS: 21 TIMLAS ROAD, RAISETHORPE, KWAZULU-NATAL PROVINCE .Particulars of the property and the improvements thereon are provided herewith but are not guaranteed. A dwelling consisting of: MAIN BUILDING: 1x Entrance; 1x Lounge; 1x Dining Room; 1x Kitchen; 3x Bedrooms; 2x Bathrooms OUTBUILDING: 1x Garage; 4x Bathrooms; Wall type: Face brick and Roof type: Clay tiles Zoning: General residence Consumer Protection Act 68 of 2008 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 particulars (c) Registration Conditions (d) Payment of a registration fee of R15 000.00 by way of EFT that must reflect in the Sheriff's account prior to the sale (e) Registration form to be completed before the Auction (f) The sale will be conducted by Sheriff AM Mzimela and or her Deputies. The purchaser shall pay to the Sheriff a deposit of 10% of the purchase price in cash or by way of EFT, on the day of 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 of his or her attorney and shall be furnished to the Sheriff within 21 (twenty-one) days after the sale. 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 the Conditions. Should the purchaser receive possession of the property, the purchaser shall be liable for occupational rental at the rate of 1% per month from date of possession to date of transfer. Dated at PRETORIA, 31 JULY 2026. Attorneys for Plaintiff(s): STRYDOM BRITZ MOHULATSI INC., BUILDING A, MENLYN WOODS OFFICE PARK 291 SPRITE AVENUE, FEARIE GLEN. Tel: 0123651887. Fax: -. Ref: A ELS / MD / DG41386. -.