3-bed house in 26 Derby Road, Kensington, Johannesburg

Case No: 2024-123904 DOCEX 125, JHB IN THE HIGH COURT OF SOUTH AFRICA (Gauteng Local Division, Johannesburg) In the matter between: ABSA BANK LIMITED, FIRST PLAINTIFF and ABSA HOME LOANS GUARANTEE COMPANY (RF) PTY LTD, SECOND PLAINTIFF and NOKUZOLA GONGOTHA (NEÉ SEBOLA), Defendant NOTICE OF SALE IN EXECUTION 25 AUGUST 2026, 11:00, 61 Van Riebeeck Street, Alberton TAKE NOTICE that in pursuance of a Judgment of the above Honourable Court in the above case on 20 AUGUST 2025 and in execution of a Writ of Execution of immovable property, the following property will be sold by the Sheriff of the High Court for the district of JOHANNESBURG EAST on 25 AUGUST 2026 at 11:00 or soon thereafter at 61 VAN RIEBEECK STREET, ALBERTON, to the highest bidder, subject to a reserve price of R834 000.00: CERTAIN: ERF 2683 KENSINGTON TOWNSHIP, REGISTRATION DIVISION I.R., PROVINCE OF GAUTENG; MEASURING: 495 (FOUR HUNDRED AND NINETY FIVE) SQUARE METRES; HELD: Under Deed of Transfer T54124/2021; SITUATE AT: 26 DERBY ROAD, KENSINGTON, JOHANNESBURG; ZONING: SPECIAL RESIDENTIAL (NOTHING GUARANTEED); IMPROVEMENTS: The following information is furnished but not guaranteed: The property situated at 26 DERBY ROAD, KENSINGTON, JOHANNESBURG consists of: Lounge, Dining Room, Kitchen, 3 x Bedrooms, Bathroom and 1 x Shower (The nature, extent, condition and existence of the improvements are not guaranteed); The Purchaser shall in addition to the Sheriff's commission, which is 6% (Six Percent) on the first R100 000.00, 3.5% on R100 001.00 to R400 000.00 and 1.5% on the balance of the proceeds of the sale up to a maximum fee of R40 000.00 (Forty Thousand Rand) in total and a minimum of R3 000.00 (Three Thousand Rand), pay a deposit of 10% of the purchase price in cash or bank guarantee cheque or EFT into the Sheriff's trust account immediately upon closing of the bid and the balance against transfer which shall be secured by a Bank guarantee in a form acceptable to Plaintiff's conveyancers, which guarantee shall be delivered by the Purchaser to the Sheriff within (21) days from the date of the sale and shall provide for the payment of the full balance and any such interest payable as provided for hereunder. Possession of the property may be taken once the purchaser has complied with the Conditions of Sale, including payment of the deposit and furnishing of the required guarantee. The purchaser shall be liable for occupational rental calculated at 1% of the purchase price per month, from the date of possession. The Rules of this auction are available 24 hours before the auction at the office of the SHERIFF JOHANNESBURG EAST, 61 VAN RIEBEECK STREET, ALBERTON. The office of SHERIFF JOHANNESBURG EAST will conduct the sale with auctioneers J.A. THOMAS and/or P. ORA and/or A. JEGELS. Registration as a buyer is a pre-requisite subject to conditions, inter alia: A) Directive of the Consumer Protection Act 68 of 2008. (URLhttp://www.info.gov.za/view/ DownloadFileAction?id=99961) B) FICA - legislation i.r.o. proof of identity and address particulars. C) Payment of a Registration Fee of R50 000.00 by EFT that must reflect in the Sheriff's account prior to the sale. D) Registration conditions: no person will be allowed on the premises if they are not registered for FICA and CPA. E) Individuals wanting to attend the auction must arrive for registration before 11:00 and no person is allowed to enter the auction room after 11:00. The aforesaid sale shall be subject to the Conditions of Sale which may be inspected at the office of the SHERIFF JOHANNESBURG EAST, 61 VAN RIEBEECK STREET, ALBERTON, during normal office hours Monday to Friday, Tel: 010 598 2435, or at the offices of the attorneys acting for the Execution Creditors/Plaintiffs: SMIT SEWGOOLAM INC., 12 AVONWOLD ROAD, CNR JAN SMUTS AVENUE, SAXONWOLD, JOHANNESBURG, TEL 011 646 0006 (REF: JE/JA/MAT50742). Dated at JOHANNESBURG, 04 JULY 2026. Attorneys for Plaintiff(s): Smit Sewgoolam Inc, 12 Avonwold Road, Cnr Jan Smuts Avenue, Private Bag 836, Saxonwold, Johannesburg. Tel: 011 646 0006. Fax: 011 646 0016. Ref: JE/JA/MAT50742. -.