sectional title in Unit 108 Isibaya House, 84 Marshall Street, Marshalls Town, Johannesburg

Case No: 2022/006231 IN THE HIGH COURT OF SOUTH AFRICA (Gauteng Local Division, Johannesburg) In the matter between: Nedbank Limited, Execution Creditor and Sbusiso Bonginkosi Mngomezulu (Id No. 7902085538080), Judgment Debtor NOTICE OF SALE IN EXECUTION 31 AUGUST 2026, 10:00, Sheriff Johannesburg Central, Forum 4, 2nd Floor, No. 33 Hoofd Street, Braampark, Braamfontein, Johannesburg In execution of a judgment of the High Court of South Africa, Gauteng Local Division, Johannesburg in the abovementioned suit, a sale with a reserve price of R290000.00, will be held by the Sheriff Johannesburg Central, Forum 4, 2nd Floor, No. 33 Hoofd Street, Braampark, Braamfontein, Johannesburg on the 31st day of August 2026 at 10h00 of the undermentioned property of the Judgment Debtor on the conditions to be read out by the Auctioneer at the time of the sale, which conditions will lie for inspection, prior to the sale, at the offices of the Sheriff Johannesburg Central, Forum 4, 2nd Floor, No. 33 Hoofd Street, Braampark, Braamfontein, Johannesburg (short description of property, situation and street number). Certain: A unit consisting of - Section No. 108 as shown and more fully described on Sectional Plan No. SS67/2008 in the scheme known as Isibaya House in respect of the land and building or buildings situate at Marshalls Town Township, Local Authority: City of Johannesburg of which section the floor area, according to the said sectional plan is 42 (forty two) square metres in extent; and an undivided share in the common property in the scheme apportioned to the said section in accordance with the participation quota as endorsed on the said sectional plan (Held under Deed of Transfer No. ST20670/2008). Situated at: Unit 108 Isibaya House, 84 Marshall Street, Marshalls Town, Johannesburg. Improvements (none of which are guaranteed) consisting of the following: Main building: Lounge, Kitchen, Bedroom, Bathroom. Outbuildings: None. Constructed: Brick under cement. Terms: 10% (ten percent) of the purchase price in cash on the day of the sale; the balance payable against registration of transfer to be secured by a bank or other acceptable guarantee to be furnished within 21 (twenty one) days from the date of sale. Auctioneers charges, payable on the day of sale, to be calculated as follows: 6% (six percent) on the first R100000.00; 3.5% on R100001.00 to R400000.00 ~and 1.5% on the balance of the proceeds of the sale, subject to a maximum commission of R40000.00, plus VAT if applicable and a minimum of R3000.00, plus VAT if applicable. TAKE FURTHER NOTICE THAT - 1) The sale in execution is conducted in accordance with the Consumer Protection Act 68 of 2008 as amended, in pursuance of an order granted against the Judgment Debtor for money owing to the Execution Creditor. 2) The rules of this auction and conditions of sale may be 146 No. 55170 GOVERNMENT GAZETTE, 14 AUGUST 2026 inspected at the Sheriff's office, Forum 4, 2nd Floor, No. 33 Hoofd Street, Braampark, Braamfontein, Johannesburg, 24 hours prior to the auction. 3) 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. All bidders are required to present their identity document together with their proof of residence for FICA compliance. C) All bidders are required to pay R20000.00 (refundable) registration fee via EFT - NO CASH ACCEPTED prior to the date of sale, in order to obtain a buyers card. D) The Purchaser shall pay to the Sheriff a deposit of 10% of the purchase price in cash or by bank guaranteed cheque on the day of the sale. The balance shall be paid against transfer and shall be secured by a guarantee issued by a financial institution approved by the execution creditor or his or her attorney and shall be furnished to the Sheriff within twenty one (21) days after the sale. E) The property may be taken possession of after signature of the conditions of sale, payment of the deposit and upon balance of the purchase price being secured in terms of condition 7.1 of the conditions of sale. F) Should the Purchaser receive possession of the property, the Purchaser shall be liable for occupational rental at the rate of 1% of the purchase price per month from the date of possession of the property to date of registration. The auction will be conducted by the Sheriff or his Deputy. Advertising costs at current publication rates and sale costs according to court rules, apply. Dated at Johannesburg, 15 JUNE 2026. Attorneys for Plaintiff(s): Rossouws Lesie Inc., 8 Sherborne Road, Parktown, Johannesburg. Tel: (011)7269000. Fax: (011)7263855. Ref: M0027739/N Roets/R Beetge. -.