4-bed house in 17 Vollendam Estate, Nuwe Uitsig, Wellington

Case No: 2025-171256 IN THE HIGH COURT OF SOUTH AFRICA (Western Cape Division, Cape Town) In the matter between: Investec Bank Limited, Plaintiff and Vincent Neethling, Defendant SALE IN EXECUTION: IMMOVABLE PROPERTY 26 AUGUST 2026, 10:00, 41 Vallei Street, Newton, Wellington In pursuance of a judgment of the above mentioned Court and a writ for execution, the property mentioned will be sold in execution at 41 Vallei Street, Newton, Wellington on Wednesday, 26 August 2026 at 10:00 by the Sheriff of the High Court, to the highest bidder being Erf 14324, Wellington, Drakenstein Municipality, Division Paarl, Province of the Western Cape. In extent 600 (six hundred) square metres. Held by Deed of Transfer number T048164/2022, subject to such conditions as set out in the aforesaid Title Deed and more specifically the prohibition that the property may not be transferred without the written consent of the Volendam Home Owner's Association. Held under Mortgage Bond No. B25515/2022. Street address: 17 Vollendam Estate, Nuwe Uitsig, Wellington. The following additional information is furnished though in this respect nothing is guaranteed in the event of the information not being correct. Improvements and location: A brick building with sink roof, 4 bedrooms, 2 on-suites, 3 toilets, 2 shower bathroom, open plan living room and lounge, open plan kitchen, tiled floors, veranda and double garage Reserve price: The property will be sold subject to a reserve price of R4,000,000.00. Terms: 1. Registration fee of R20,000.00 payable in cash at the sheriff's office prior to the sale; and 2. 10% of the purchase price in cash payable immediately after the sale and the balance to be guaranteed by way of a bank- or building society guarantee to be delivered within 14 days from the date of sale and payable simultaneously with registration of transfer. Auctioneers charges: Payable by the Purchaser on the day of sale. Conditions of sale: Same shall lie for inspection at the offices of the Sheriff of the High Court, Western Cape at 1 Rose Street, Wellington Dated at Bellville, 27 JULY 2026. Attorneys for Plaintiff(s): Pepler O'Kennedy Attorneys, Unit 401, Tygervalley Health Care, 43 Old Oak Road, Bellville. Tel: 0212040950. Fax: -. Ref: R O'Kennedy/cw/INV10/0377. Pepler O'Kennedy Attorneys.