TA017596

NOTICE IN THE HIGH COURT OF SOUTH AFRICA

(MPUMALANGA DIVISION MBOMBELA (MAIN SEAT)

CASE NUMBER: 5073/2022

In the matter between:

SB GUARANTEE COMPANY (RF) PROPRIETARY LIMITED

– EXECUTION CREDITOR

and

MAGARETH MAKHANDZEMI MATHONSI

– EXECUTION DEBTOR

NOTICE OF SALE IN EXECUTION AUCTION

In execution of a Judgment of the High Court of South Africa, Mpumalanga Division, Mbombela (main seat) in the above mentioned suit, a sale with a reserve price of

R1 500 000.00, will be held by the Sheriff MBOMBELA, at
99 JACARANDA AVENUE, MBOMBELA on WEDNESDAY the 28th OCTOBER 2026 at 09:00 of the undermentioned property of the Judgment debtor subject to the conditions of sale which are available for inspection at the offices of the Sheriff MBOMBELA during office hours:

ERF 299 DRUM ROCK EXTENSION 2 TOWNSHIP

REGISTRATION DIVISION J.T.,

PROVINCE OF MPUMALANGA

IN EXTENT: 1028 (ONE THOUSAND AND TWENTY-EIGHT) SQUARE METRES

HELD BY DEED OF TRANSFER T12228/2019

SUBJECT TO ALL CONDITIONS CONTAINED THEREIN AND FURTHER SUBJECT TO THE CONDITIONS OF RIDGEHILL ESTATE HOMEOWNERS ASSOCIATION NPC, REGISTRATION NUMBER 2006/004355/08

MAGISTERIAL DISTRICT: MBOMBELA

ALSO KNOWN AS: RIDGE HILL ESTATE 20 TWINSPOT STREET, DRUM ROCK EXTENSION 2, NELSPRUIT, MPUMALANGA PROVINCE

Particulars of the property and the improvements thereon are provided herewith, but are not guaranteed.

A dwelling consisting of: MAIN BUILDING: Double Storey, Freestanding building, Walls – Brick, Roof – Harvey Tile, Floors – Tiles, Rooms – Lounge, Dining Room,

4 Bedrooms, Kitchen, Scullery, 3 Bathrooms, 3 Showers,

4 Toilets. Boundary – Brick Fenced. Other – Swimming Pool/ Paving.

Zoning: General residential

Consumer Protection Act 68 of 2008

Registration as 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)

(b) FICA-legislation – proof of identity and address particulars

(d) Registration Conditions

(e) Registration form to be completed before the Auction

The purchaser shall pay to the Sheriff a deposit of 10% of the purchase price in cash or by way of EFT, on the day of 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 of his or her attorney, and shall be furnished to the Sheriff within 21 (twenty one) days after the sale.

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 the Conditions.

Should the purchaser receive possession of the property, the purchaser shall be liable for occupational rental at the rate of 1% per month from date of possession to date of transfer.

DATED at PRETORIA on the 19TH day of AUGUST 2026.

ATTORNEYS FOR EXECUTION CREDITOR

STRYDOM BRITZ MOHULATSI INC.

BUILDING A, MENLYN WOODS OFFICE PARK

291 SPRITE AVENUE, FEARIE GLEN

PRETORIA

DOCEX: 120, PRETORIA

TEL NUMBER: 012-365-1887

E- MAIL: michelle@sbmattorneys.co.za

REF: A ELS/ MD / DG40490

C/O COMBRINK GREYLING ATTORNEYS

11 MURRAY STREET, NELSPRUIT