Farm for auction in Ladybrand Rural

BEAUTIFUL 660HA CATTLE FARM WITH DIAMOND MINING POTENTIAL

Going on Auction: Wednesday 27 November 2024
Reserve Price: R30 000 000.00. (All offers will be reviewed)
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)  

Magnificent 660Ha Cattle Farm in the Eastern Free State available as a running concern. Discover this unique property with about 300Ha ideal for cultivation, 20Ha irrigation rights, and the rest offering picturesque pastureland. With a 600m2 main farmhouse, this property is a dream for nature lovers and potential investors. Excitingly, there are diamond prospects to be explored here as confirmed by a micro-diamond analysis conducted in Toronto, Canada by De Beers, indicating a projection of 25ct per 100 tons of soil. Extras includes five sheds, twelve staff houses, cattle and sheep pens as well as lambing facilities. This farm borders the Armenia dam with an impressive two-kilometer waterfront ready to be exploited by water sport and nature lovers. Cattle available as an optional extra.

Rawson Auctions (Southern Region) are obligated by law to market the property at the Reserve Price as listed herein. A “Reserve Price” is a minimum Rand amount the Seller will accept as the winning bid, and is not necessarily the property’s market value, nor the amount the property is likely to be sold for on the day of the auction. The Seller reserves the right to consider all offers.