3-bed house in KwaZulu-Natal

Case No: 4252/24P Docex: 031 5369700 IN THE HIGH COURT OF SOUTH AFRICA (KWAZULU-NATAL DIVISION, PIETERMARITZBURG) In the matter between: ABSA BANK LIMITED, FIRST APPLICANT and ABSA HOME LOANS GUARANTEE COMPANY (RF) PTY LTD, SECOND APPLICANT and JEMAINE NAIDOO, RESPONDENT NOTICE OF SALE IN EXECUTION 27 AUGUST 2026, 09H00, at the Sheriff’s Office , 20 OTTO STREET, PIETERMARITZBURG This is a sale in execution pursuant to a judgement obtained in the above Honourable Court in terms of which the following property will be sold in execution on 27 TH day of AUGUST 2026 at 9H00 at 20 OTTO STREET, PIETERMARITZBURG, to the highest bidder subject to a reserve price of R550 000.00: DESCRIPTION: PORTION 68 (OF 52) OR ERF 3127 PIETERMARITZBURG, REGISTRATION DIVISION FT PROVINCE OF KWAZULU-NATAL IN EXTENT 350 (THREE HUNDRED AND FIFTY) SQUARE METRES HELD BY DEED OF TRANSFER NUMBER T38739/2019. SUBJECT TO THE CONDITIONS THEREIN CONTAINED. PROPERTY ADDRESS: 16 PINEVIEW TERRACE. ZONING: (SPECIAL HOUSES) / RESIDENTIAL (NOTHING GUARANTEED) IMPROVEMENTS: The following information is furnished but not guaranteed: MAIN BUILDING: 1X LOUNGE, 1X DINING ROOM, 1X KITCHEN, 3X BEDROOMS, 2X BATHROOM, 1X BALCONY/PATIOS. OUTBUILDING: 1 SINGLE GARAGE. (The nature, extent, condition and existence of the improvements are not guaranteed, and are sold "voetstoots") The Purchaser shall in addition to the Auctioneer's commission, pay a deposit of 10% of the purchase price in cash or eft on the day of the sale and the balance against transfer which shall be secured by a Bank or Building Society guarantee in a form acceptable to Applicants' conveyancers, which guarantee shall be delivered by the Purchaser to the Sheriff within twenty one (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. The rules of this auction is available 24hours before the auction at the office of the Sheriff for PIETERMARITZBURG at 20 OTTO STREET, PIETERMARITZBURG. The office of the Sheriff for PIETERMARITZBURG will conduct the sale with either one the following auctioneers Sheriff AM Mzimela and or her Deputies. Advertising costs at current publication rates and sale costs according to court rules, apply. Registration as a 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 i.r.o. proof of identity and address particulars. C) Payment of a Registration Fee of R15 000.00 in cash or eft. D) Registration conditions. The aforesaid sale shall be subject to the Conditions of Sale which may be inspected at the office of the Sheriff of the High Court, 20 OTTO STREET, PIETERMARITZBURG. Dated at UMHLANGA ROCKS, 02 AUGUST 2026. Attorneys for Plaintiff(s): JOHNSTON AND PARTNERS, 81 RICHEFOND CIRCLE, RIDGESIDE OFFICE PARK, UMHLANGA ROCKS. Tel: 031 5369700. Fax: 031 5369799. Ref: JJ/PC. MAT17229.