FIRSTRAND BANK LIMITED Plaintiff and SIPHIWO NTSIKELELO AYANDA GEORGE

FIRSTRAND BANK LIMITED, Plaintiff, and SIPHIWO NTSIKELELO AYANDA GEORGE NGCOLA, 1st Defendant, and ZINTOMBI NGCOLA, 2nd Defendant
NOTICE OF SALE IN EXECUTION
In pursuance of a judgment of the above Honourable Court granted on 16 September 2014, and a writ of execution against immovable property dated 10 October 2014, the following property will be sold in execution, by public auction, without reserve, to the highest bidder on Friday, the 5th December 2014 at 12h00, at the Magistrate’s Court, High Street, Grahamstown. Erf 9226, Grahamstown, in the Makana Municipality, Division of Albany, Province of the Eastern Cape, in extent 311 square metres, and situated at 7 Kingswood Place, Frere Street, Grahamstown, held under Deed of Transfer No. T68231/08. The conditions of sale will be read prior to the sale and may be inspected at the offices of the Sheriff of the High Court, High Street, Grahamstown. Further details can be obtained from the offices of the Plaintiff’s attorneys, at 3rd – 5th Floors, 15 Rink Street, Central, Port Elizabeth, Telephone: (041) 582-1705, Reference: Ms Charsley. Terms: Deposit of 10% and Sheriff’s charges at 6% on the proceeds of the sale which shall be paid by the purchaser up to a price of R30 000.00 and thereafter 3.5% up to maximum of R9 655.00 subject to a minimum of R485.00 plus VAT on Sheriff’s charges on the date of sale, the balance against the transfer to be secured by a bank-guarantee, to be approved of by the Plaintiff’s attorneys, to be furnished to the Sheriff within 15 days from the date of the sale. While nothing is guaranteed, it is understood that the property is a residential dwelling consisting of lounge, dining-room, kitchen, 3 (three) bedrooms, 1 (one) bathroom, 2 (two) showers and 2 (two) w/c’s. Zoned: Residential. Dated at Grahamstown this 29th day of October 2014. Neville Borman & Botha.

Leave a Reply

© 2020: Problem Bond | South Africa, All Rights Reserved | D5 Business Line Theme by: D5 Creation | Powered by: WordPress