KK015946
AUCTION SALE IN EXECUTION IN THE HIGH COURT OF SOUTH AFRICA KWAZULU-NATAL LOCAL DIVISION, PIETERMARITZBURG IN THE MATTER BETWEEN: CASE NO. 8354/2023 SB GUARANTEE COMPANY (RF) PROPRIETARY LIMITED
Execution Creditor
and
SASHEN GENGIAH
Judgment Debtor
A SALE IN EXECUTION of the undermentioned property is to be held by the Sheriff Lower Tugela outside the Office of the Sheriff for Lower Tugela at Suite 3, Prithvi Centre, 131 Mahatma Gandhi Street, Stanger/KwaDukuza, on TUESDAY, 23 JULY 2024 AT 10H00, subject to a reserve price of R 590 000.00
Full conditions of sale can be inspected at the office of the Sheriff Lower Tugela at Suite 3, Prithvi Centre, 131 Mahatma Gandhi Street, Stanger/KwaDukuza and will be read out prior to the sale taking place.
No warranties are given with regard to the description, extent and/or improvements of the property.
(a) Section No. 505 as shown and more fully described on Sectional Plan No. SS520/2008 in the scheme known as STANGER-SANTE FE in respect of the land and building or buildings situated at STANGER, Local Authority: KWADUKUZA METROPOLITAN MUNICIPALITY, of which section of the floor area, according to the said sectional plan is 69 (SIXTY NINE) SQUARE METRES in extent; and
(b) 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 ST18348/ 2022;
ALSO KNOWN AS 505 STANGER-SANTE FE, 9 RUSSEL STREET, STANGER, KWADUKUZA.
MAGISTERIAL DISTRICT: ILEMBE MAGISTERIAL DISTRICT
Improvements :-
A flat comprising of 3 bedrooms as described below:
MAIN BUILDING:
1 x bedroom with built in cupboards, ensuite (comprising of toilet and bath) with tiled floors (fair condition), 2 x bedrooms with built in cupboards and tiled floors (fair condition), 1 x bathroom (with toilet and shower) and tiled floors (fair condition), 1 x dining room with tiled floors (fair condition), open plan lounge/kitchen with tiled floors (fair condition).
OTHER DETAIL:
Concrete and tar driveway, concrete and brick fencing and slabbed roofing.
Zoned – Residential.
Take further notice that: 1. This sale is a sale in execution pursuant to a judgment obtained in the above court.
2. The Rules of this auction is available 24 hours prior to the auction at the office of the Sheriff for Lower Tugela at Suite 3, Prithvi Centre, 131 Mahatma Gandhi Street, Stanger/KwaDukuza.
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 https://www.info.gov.za/view/DownloadFileAction? id=99961)
b) Fica
•legislation i.r.o. proof of identity and address particulars.
c) Payment of a Registration deposit of R 10 000.00 in cash or bank guaranteed cheque.
d) Registration conditions.
4. The office of the Sheriff for Lower Tugela will conduct the sale with auctioneers R. Singh (Sheriff) and/or S. De Wit.
5. Advertising costs at current publication rates and sale costs according to court rules, apply. FINDLAY & NIEMEYER INCORPORATED
Attorneys for Plaintiff
P.O. Box 801 Pretoria
Ref. Mr M COETZEE/AN/F7422
Tel No. (012) 342-9164
Reference Number: KK015946
