TA017059
NOTICE AUCTION
IN THE HIGH COURT OF SOUTH AFRICA
MPUMALANGA DIVISION, MIDDELBURG
(LOCAL SEAT)
Case No: 3352/2019
In the matter between:
THE STANDARD BANK OF SOUTH AFRICA LIMITED
– EXECUTION CREDITOR
And
NDUMISO CYRIL VILAKAZI
– JUDGMENT DEBTOR
NOTICE OF SALE IN EXECUTION
IMMOVABLE PROPERTY
In pursuance of a
judgment granted by this Honourable Court on
6 FEBRUARY 2023, and a Warrant of Execution issued on 20 SEPTEMBER 2024, the undermentioned immovable property will be sold in execution subject to a reserve price in the amount of
R850 000.00, by the Acting Sheriff of the High Court ERMELO at THE ACTING SHERIFF`S OFFICE, ERMELO: 9 JAN VAN RIEBEECK STREET, ERMELO on 21 MAY 2026 at 10H00, to the highest bidder.
Full Conditions of Sale may be inspected at the offices of the ACTING SHERIFF OF THE HIGH COURT, ERMELO: ADDRESS AS ABOVE, whom shall hold the sale and shall read out the Conditions of sale prior to the sale in execution.
The Sheriff, Execution Creditor and/or the Execution Creditor`s Attorneys do not give any warranties with regard to the description and/or improvements of the immovable property.
ERF 1046 ERMELO EXTENSION 5 TOWNSHIP
REGISTRATION DIVISION I.T., MPUMALANGA PROVINCE
IN EXTENT: 1576 (ONE THOUSAND FIVE HUNDRED AND SEVENTY SIX) SQUARE METRES
HELD BY DEED OF TRANSFER T9512/2008
SUBJECT TO ALL THE TERMS AND CONDITIONS CONTAINED THEREIN
(also known as: 40 PRESIDENT FOUCHE AVENUE, ERMELO EXTENSION 5, MPUMALANGA)
MAGISTERIAL DISTRICT: ERMELO
ZONING: RESIDENTIAL
IMPROVEMENTS:
(Not Guaranteed)
MAIN DWELLING: LOUNGE, DINING ROOM, KITCHEN,
3 BEDROOMS,
2 BATHROOMS & OUTBUILDING: GARAGE
TAKE FURTHER NOTICE THAT:
1. The Sale in Execution is conducted in accordance with the Consumer Protection Act 68 of 2008, as amended, pursuant to an order granted against the Judgment Debtor for money owing to the Execution Creditor.
2. The auction will be conducted by the Acting Sheriff for Ermelo, or her deputy.
3. Advertising costs at current publication rates and sale costs according to court rules, apply.
4. Registration as a buyer is a pre-requisite subject to conditions, inter alia:
a) Directive of the Consumer Protection Act 68 of 2008.
(URL https://www.info.gov.za/view/DownloadFileAction? id=99961)
The rules of the auction and Conditions of Sale may be inspected at the Acting Sheriff`s office, 9 Jan van Riebeeck Street, Ermelo, 24 hours prior to the auction.
5. All bidders are required to present their Identity Document together with their proof of residence for FICA compliance.
6. The Purchaser shall pay the Sheriff a deposit of 10 (ten) per cent of the purchase price in cash or by bank guaranteed cheque or by electronic transfer on the day of the sale.
7. 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 25 (twenty five) days after the sale.
8. 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 conditions.
9. 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 date of possession to date of transfer.
VELILE TINTO AND ASSOCIATES INC.
TINTO HOUSE C/O SOLOMON MAHLANGU (PREVIOUSLY HANS STRIJDOM) & DISSELBOOM STREETS 0062
WAPADRAND, PRETORIA
DX 178, PRETORIA
PO Box 733
0050, Wapadrand, Pretoria
Tel: 012-807-3366 (Ext. 519)
Litigation direct fax: 012-807-5299
Email: service@tintolaw.co.za
Ref: G11289/DBS/S BALKISHUN/CEM
Reference Number: TA017059
