vacant land in Nelspruit, Mpumalanga

Case No: 2315/2023 IN THE HIGH COURT OF SOUTH AFRICA [MPUMALANGA DIVISION - MBOMBELA (MAIN SEAT)] In the matter between: NEDBANK LIMITED - EXECUTION CREDITOR and LUCKY NHLANHLA NGOMANE - EXECUTION DEBTOR NOTICE OF SALE IN EXECUTION: IMMOVABLE PROPERTY 26 AUGUST 2026, 09:00, The Sheriff's Office, 99 JACARANDA AVENUE, WEST ACRES, MBOMBELA DESCRIPTION: PORTION 38 OF ERF 4257 NELSPRUIT EXTENSION 29 TOWNSHIP, REGISTRATION DIVISION J.U., PROVINCE OF MPUMALANGA, IN EXTENT: 376 (THREE HUNDRED AND SEVENTY SIX) SQUARE METRES, HELD BY DEED OF TRANSFER: T7609/2012, SUBJECT TO ALL THE TERMS AND CONDITIONS CONTAINED IN THE AFORESAID DEED OF TRANSFER AND FURTHER SUBJECT TO ALL THE TERMS AND CONDITIONS AS LAID DOWN BY THE UTOPIA RIDGE LANDOWNERS ASSOCIATION AS SET OUT IN PARAGRAPH B OF THE SAID DEED. The property is a vacant stand. Nothing in this regard is guaranteed. 1. The sale shall be held with a court reserve of R165 000.00. 2. The sale shall be subject of the terms and conditions of the High Court Act and the Rules made thereunder. 3. The Purchaser shall pay a deposit of 10% (TEN PER SENT) of the purchase price and the auctioneer's commission in cash immediately after the sale and the balance against transfer to be secured by a Bank or Building Society Guarantee, to be furnished to the Plaintiff's attorneys within 21 (TWENTY ONE) days after the date of sale, to be approved by the Plaintiff's Attorneys. 4. Transfer shall be effected by the attorneys for the Plaintiff and the Purchaser shall pay all transfer dues, including transfer duty, current and/or arrear levies/rates and/or Value Added Tax and other necessary charges to effect transfer upon request by the sale attorneys. 5. The property may be taken possession of after signature of the conditions of sale, payment of the Deposit and upon the balance of the purchase price being secured in terms of condition 4. 6. Should the purchaser receive possession of the property prior to registration of transfer of the property into the name of the purchaser, the purchaser shall be liable for occupational rental at the rate of 1% of the purchase price per month from date of occupation to date of transfer. 7. The full conditions of sale may be inspected at SHERIFF'S OFFICES, 99 JACARANDA AVENUE, WEST ACRES, MBOMBELA 8. Registration as a buyer is a pre-requisite subject to conditions, inter alia: Directive of the Consumer Protection Act 68 of 2008 (URL http://www.info.gov.za/view/DownloadfileAction?id=99961) 9. The auction will be conducted by the Sheriff or his deputy. 10. All bidders are required to present their identity documents together with their proof of residence for FIC compliance. Dated at MBOMBELA, 24 JUNE 2026. Attorneys for Plaintiff(s): SEYMORE DU TOIT & BASSON ATTORNEYS, 12 MURRAY STREET, NELSPRUIT. Tel: 013 752 4459. Fax: 013 755 3897. Ref: M MARITZ/NED4/0251.