4-bed house in 25 LAKE ANNIE AVENUE, PALM LAKES ESTATE, TINLEY MANOR

Case No: D10698/2023 Docex 27 IN THE HIGH COURT OF SOUTH AFRICA (IN THE HIGH COURT OF SOUTH AFRICA KWAZULU-NATAL LOCAL DIVISION, DURBAN) In the matter between: NEDBANK LIMITED, Plaintiff and INDHRA VURTHIAH NAIDOO, Identity Number: 590609 5105 08 9, Defendant NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 108 No. 55211 GOVERNMENT GAZETTE, 21 AUGUST 2026 08 SEPTEMBER 2026, 10h00, OFFICE OF THE SHERIFF FOR LOWER TUGELA at SUITE 3, PRITHVI CENTRE, 131 MAHATMA GANDHI STREET, STANGER/KWADUKUZA This is a sale in execution in accordance with the Consumer Protection Act 68 of 2008 as amended, in pursuant of an order granted against the Defendant for money owing to the Plaintiff in the above Honourable Court in terms of which the following property will be sold in execution by OFFICE OF THE SHERIFF FOR LOWER TUGELA at SUITE 3, PRITHVI CENTRE, 131 MAHATMA GANDHI STREET, STANGER/KWADUKUZA on 8 September 2026 at 10H00to the highest bidder subject to a reserve price of R2,300 000.00: ERF 749 ROYAL PALM ESTATES, REGISTRATION DIVISION FU, PROVINCE OF KWAZULU-NATAL, IN EXTENT 522 (FIVE HUNDRED AND TWENTY TWO) SQUARE METRES,HELD BY DEED OF TRANSFER NO. T31036/17 AND SUBJECT TO THE CONDITIONS OF TITLE CONTAINED THEREIN AND MORE ESPECIALLY TO A RESTRAINT AGAINST TRANSFER IN FAVOUR OF ROYAL PALM HOME OWNERS' ASSOCIATION, PHYSICAL ADDRESS: 25 LAKE ANNIE AVENUE, PALM LAKES ESTATE, TINLEY MANOR, ZONING: RESIDENTIAL (NOTHING GUARANTEED) IMPROVEMENTS: The following information is furnished but not guaranteed: A FREE-STANDING DOUBLE STOREY HOUSE WITH TILED FLOORS AND PEAK GALVANIZED ROOF IN GOOD CONDITION COMPRISING OF 4X BEDROOMS (3 OF WHICH HAVE BALCONIES AND BUILT-IN CUPBOARDS), 1X ENSUITE BATHROOM WITH TOILET, BATH AND SHOWER, 3X ENSUITE BATHROOMS WITH TOILET AND SHOWER, 1X GUEST TOILET, OPEN PLAN DINING ROOM AND LOUNGE, 1X KITCHEN WITH BUILT-IN CUPBOARDS, 1X PANTRY, YARD: 1X COURTYARD, 1X ENTERTAINMENT AREA, DOUBLE GARAGE, PAVED DRIVEWAY. (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 on the day of the sale 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 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 and a full advertisement is available 24 hours before the auction at the office of the SHERIFF FOR LOWER TUGELA, SUITE 3, PRITHVI CENTRE, 131 MAHATMA GANDHI STREET, STANGER/KWA DUKUZA. The office of the SHERIFF FOR LOWER TUGELA will conduct the sale. 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 R10 000.00 in cash or bank guaranteed cheque. 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, (15 days prior to the date of sale) SUITE 3, PRITHVI CENTRE, 131 MAHATMA GANDHI STREET, STANGER/KWADUKUZA. Ref: RRB1/0061 Dated at UMHLANGA, 07 AUGUST 2026. Attorneys for Plaintiff(s): Strauss Daly Attorneys, 9th Floor Strauss Daly Place, 41 Richfond Circle, Ridgeside Office Park, Umhlanga. Tel: 0315705603. Fax: 0866681028. Ref: RRB1/0061. Thobani Mthembu.