LR130579
IN THE MAGISTRATE`S COURT
FOR THE DISTRICT OF UGU
HELD AT PORT SHEPSTONE
CASE NUMBER:
390/2025
IN THE MATTER
BETWEEN:
NEDBANK LIMITED APPLICANT (REGISTRATION NO. 1951/000009/06)
AND
Z.SQUARE.M.P.
EMPOWERMENT COMPANY (PTY) LTD
FIRST RESPONDENT REGISTRATION NUMBER:
2014/021528/07
ZAMILE DAVID QUNYA SECOND RESPONDENT IDENTITY NO:
690217 5853 08 5
ZAMOKWAKHE QUNYA THIRD RESPONDENT IDENTITY NO:
710708 5795 08 0
RAY NKONYENI MUNICIPALITY
FOURTH RESPONDENT
UGU MUNICIPALITY
FIFTH RESPONDENT
AUCTION
NOTICE OF SALE
IN
EXECUTION
OF IMMOVABLE PROPERTY S I R S In pursuance of a judgment granted on 18 August 2026, in the Port Shepstone Magistrate`s Court and a Writ of
Execution issued
thereafter, the immovable property listed hereunder will be sold in execution, by public auction, to the
highest bidder for cash by the Sheriff of the
Magistrate Court, Port
Shepstone at the Sheriff`s Office, NO 17A Mgazi
Avenue, Umtentweni, Port Shepstone on MONDAY, 23 NOVEMBER 2026 at 10h00 or so soon
thereafter as possible. LAND: ERF 324 PORT
EDWARD SITUATED AT:
19 PORTSEA AVENUE,
PORT EDWARD
CONSISTS OF: LAND AND BUILDING
REGISTRATION DIVISION:DT, PROVINCE OF KWAZULU-NATAL MEASURING:1514 (ONE
THOUSAND FIVE
HUNDRED AND
FOURTEEN) SQUARE
METRES IN EXTENT HELD BY DEED OF
TRANSFER NUMBER:T13817/18 MATERIAL CONDITIONS 1.Nothing in the above is guaranteed.
2.The sale shall be subject to the terms and conditions of the Magistrate Court Act, and the rules made thereunder.
3.The purchaser shall pay a deposit of ten per cent (10%) of the purchase price and the commission plus VAT in cash or bank guarantee cheque due to the Sheriff of the Magistrate Court (hereinafter referred to as “the Sheriff”) immediately after the sale or such extended period as may be agreed with the Sheriff and the balance shall be paid against transfer to be secured by a bank guarantee issued by a financial institution, to be approved by the Execution Creditor`s attorneys, to be furnished to the Sheriff within ten (10) days after the date of sale.
4.The purchaser shall be liable for payment of interest to the Execution Creditor at the rate of 9.35% per annum on the respective amounts of the award to the Execution Creditor on the plan of distribution as from the expiration of one (1) month after the sale to date of transfer. 5.The purchaser may take possession of the property on condition that the purchaser pays occupational rent at the rate of 1% per month on the purchase price.
6.The property is to be sold as it stands, that is voetstoots, and without any warranties whatsoever.
7.The sale in execution is conducted in accordance to the Consumer Protection Act 68 of 2008 as amended, in pursuant of an order granted against the Defendant for money owing to the Plaintiff.
8.Registration as a buyer is a pre- requisite subject to conditions, inter alia; Directive of the Consumer Protection Act 68 of 2008. URL Reference Number (URL https://www.info.gov.za./view.DownloadFileAction? id=99961) 9.FICA – legislation i.r.o proof of identity and address particulars.
10.Payment of a Registration Fee of R15 000.00 (refundable) prior to the commencement of the auction in order to obtain a buyer`s card.
11.Registration conditions.
12.The office of the Sheriff for Magistrate Court Port Shepstone will conduct the sale with auctioneer Y Mahomed or her Deputy. Rules of the Auction and the full conditions of sale may be inspected at the offices of the Sheriff of the Magistrate Court, Port Shepstone, 17A Mgazi Avenue, Umtentweni, Port Shepstone, 24 hours prior to the Auction. Dated at PORT SHEPSTONE on this 9th day of October 2026.
Attorney for Plaintiff
BARRY, BOTHA &
BREYTENBACH INC
16 Bisset Street
Port Shepstone
4240
Tel: (039) 682 5540
Email:
eileen@bbbinc.co.za
Ref: HBC/nb/16O033004
Reference Number: LR130579
