3-bed sectional title in 58 Botha Street Ladybrand

Case No: 4980/2022 Docex 2 Tygerberg IN THE HIGH COURT OF SOUTH AFRICA (FREE STATE DIVISION) In the matter between: Absa Home Loans Guarantee Company (RF) Pty Ltd (1st Plaintiff) Absa Bank Limited (2nd Plaintiff) and Fred Letsika, ID880223, Defendant AUCTION-NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 28 AUGUST 2026, 09:00, At Ladybrand Court 21 Church Street Ladybrand 98 No. 55078 GOVERNMENT GAZETTE, 31 JULY 2026 Registered Owner: Fred Letsika ID 880223 Property Auctioned: Portion 4 of Erf 254, Ladybrand iDistrict Ladybrand Province Free State Measuring 2412 (Two Thousand Four hundred and Twelve) square metres held By Deed of Transfer T4122/2020 Situated: 58 Botha Street Ladybrand Comprising (but not guaranteed): 3 bedrooms (1 with seperate toilet, bath and shower), sitting room, kitchen, scullery, office, dining room, living room, outside room with toilet and shower, 3 garages, 1 store room, swimming pool, bore hole, power drive way, electric gate and security wall with burglars. Zoning: Residential Date Public Auction: 28 August 2026 at 09:00am And when deemed appropriate by the Sheriff the auction will also be conducted via electronic platform simultaneously with the physical auction and in accordance with the provisions of section 45 of the Consumer Protection Act, 2008 (Act No.68 of 2008) and Regulations promulgated thereunderPlace of Auction: At Ladybrand Court, 21 Church Street Ladybrand Conditions: The sale is a sale in execution in pursuant to a judgment obtained in the above Honourable Court against the defendant for money owing to the execution creditor, and in accordance with the Consumer Protection Act 68 of 2008, as amended http:// www.info.gov.za/view/Download FileAction?id=99961) The rules of the auction is available 24 hours before the auction and can be inspected at the office of the Sheriff for Theunissen at 44 Andries Pretorius Street, 5 Ulandi Hof, Theunissen, and the auction will be conducted by the Sheriff or his Deputy. Everyone that intends to bid at the auction must be acquainted therewith before the auction commerce. Registration as a buyer is pre-requisite subject to specific conditions, inter alia: a) In accordance with the Directive of the Consumer Protection Act 68 of 2008; b) FICA-legislation requirements: proof of ID and residential address; c) Payment of a Registration Fee: R10 000.00; d) Registration conditions. Advertising costs at current publication tariffs & sale costs according to court rule apply. Important: The sale will be subject to a reserve price of R1 400 000.00 to the highest registered bidder with the required legal capacity to sign the conditions of sale on the fall of the hammer and always subject to the provisions of the Consumer Protection Act, No 68 of 2008. A cash transfer equal to 10% of the purchase price is to be made immediately on the fall of the hammer and that the balance is to be guaranteed for payment against transfer. Dated at BELLVILLE, 20 JULY 2026. Attorneys for Plaintiff(s): Sandenbergh Nel Haggard, S202 Bonitas Office Park, Carl Cronje Drive Bellville. Tel: 0219199570. Fax: -. Ref: EL/E41273. -.