FIRSTRAND BANK LIMITED, Plaintiff, and MUQTADIR MANUEL, 1st Defendant, and SHAMEEM MANUEL, 2nd Defendant

FNBLogoIn execution of a judgment of the High Court of South Africa (Cape of Good Hope Provincial Division) in the abovementioned suit, a sale without reserve will be held at the premises, 106 2nd Avenue, Grassy Park, on 8 December 2014 at 12h30 of the undermentioned property of the Defendants on the conditions which will lie for inspection at the Sheriff’s Office. Erf 6326, Grassy Park, situated in the City of Cape Town, Cape Division, Western Cape Province, in extent 520 square metres, held by Deed of Transfer No. T91376/2006. Also known as: 106 2nd Avenue, Grassy Park. The following information is furnished but not guaranteed: 3 compartments, open plan dining-room/kitchen, 1 bedroom, bathroom/toilet, kitchen.

Conditions of sale:
1. 10% (ten per centum) of the purchase price in cash; EFT payment or bank-guaranteed cheque on the day of the sale, the balance payable against registration of transfer, to be furnished within (14) fourteen days from the date of the sale.
2. Auctioneers charges, payable on the day of sale, to be calculated as follows: 6% (six percent) on the proceeds of the sale up to a price of R30 000,00 (thirty thousand rand) and thereafter 3,5% (three comma five percent) up to a maximum fee of R9 655,00 plus VAT, minimum charges R485,00 plus VAT. Dated at Table View on this the 28th day of October 2014. PM Waters Oosthuizen, Lindsay & Waters, Plaintiff’s Attorneys, 54 Blaauwberg Road, Table View. Tel: (021) 557-7278. Ref: Mrs Waters Oosthuizen/Mrs Conradie.
Auctioneer: The Sheriff of the High Court, Wynberg South.

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