3-bed house in Eastern Cape

Case No: 4466/2024 Docex: 1 IN THE HIGH COURT OF SOUTH AFRICA (EASTERN CAPE DIVISION - GQEBERHA) In the matter between: STANDARD BANK OF SOUTH AFRICA LIMITED Judgment Creditor and IRWIN POTGIETER Judgment Debtor NOTICE OF SALE IN EXECUTION 21 AUGUST 2026, 10:30, MAGISTRATE'S COURT, MDANTSANE IN PURSUANCE of a Judgment granted in the High Court and Warrant of Execution dated 20 October 2025 by the above Honourable Court, the following property will be sold in Execution with a court appointed reserve of R525 032.20 on FRIDAY, the 21st day of AUGUST 2026 at 10h30 by the Sheriff of the Court at the Sheriff Humansdorp, 21 Saffery Street HUMANSDORP Property Description: ERF 877 PELLSRUS, IN THE KOUGA MUNICIPALITY, DIVISION OF HUMANSDORP, PROVINCE OF THE EASTERN CAPE IN EXTENT 300 (THREE HUNDRED) SQUARE METRES and which property is held by Defendant in terms of Deed of Transfer No. T000058087/2012 SUBJECT TO THE CONDITIONS THEREIN CONTAINED Commonly known as: 36 Haring Street, Pellsrus, Humansdorp DESCRIPTION: 1 x LOUNGE, 1 X DINING ROOM, 1 X KITCHEN, 3 X BEDROOMS, 2 X BATHROOMS, 1 X GARAGE, 1 X FAMILY ROOM The Conditions of Sale will be read and inspected prior to the sale at Sheriff Humansdorp, 21 Saffery Street, HUMANSDORP. TERMS: 10% (TEN PER CENTUM) of the purchase price in cash, by bank guaranteed cheque or by way of an electronic transfer, provided that satisfactory proof of payment is furnished immediately on demand to the Sheriff. The balance of the purchase price 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 days after the date of sale. Should the purchaser fail to furnish the sheriff with a bank guarantee within 21 days after the date of sale, the sheriff may in his/her sole discretion grant the purchaser a 5 day extension within which to provide the required bank guarantee. Should the Purchaser fail to furnish the sheriff with a bank guarantee, which is approved by the Plaintiff's attorney, within the required time, the sale may be cancelled. On the sale of immovable property by the Sheriff as auctioneer, 6.0% on the first R100 000.00, 3.5% on R100 001.00 to R400 000.00 and 1.5% on the balance [thereof] of the proceeds of the sale, subject to a maximum commission of R40 000.00 in total and a minimum of R3 000.00, which commission shall be paid by the purchaser on the date of sale, the balance against transfer to be secured by a bank or bank guarantee, to be approved by the Plaintiff's Attorneys, to be furnished to the Sheriff within 14 (fourteen) days from the date of the sale. The property consists of usual buildings/outbuildings but nothing is guaranteed. RULES OF AUCTION: a The auction will be conducted by the Sheriff. b The conduct of the auction is subject to the Consumer Protection Act, 68 of 2008, to the provisions whereof the attention of the public is drawn. c The specific rules of auction will be available for inspection at the office of the Sheriff for a period of not less than twenty four hours prior to the auction and the Sheriff may refuse to register or accept any bid from any person who fails to comply therewith. Dated at EAST LONDON, 02 JULY 2026. Attorneys for Plaintiff(s): Drake Flemmer & Orsmond Attorneys, Quenera Park, 12 Quenera Drive, Beacon Bay, East London. Tel: 043 722 4210. Fax: 0862715235. Ref: SBF. P94. DRAKE FLEMMER & ORSMOND INC..