Farm for auction in Balfour

12.66HA FARM EARMARKED FOR SAND MINING

Going on Auction: Wednesday 23 July 2025
Reserve Price: R20 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)

An amazing investment opportunity awaits on 12.66Ha of sand mining rich land. Geological samples confirm valuable mineral potential on site. Depth of the reserve varies but a borehole produced up to 30 meters of sand whereafter coal was struck, with a potential total of up to 3.5 million cubic meters of building and plaster sand available. The sand is already available with no topsoil to be removed, and no heavy equipment is needed to reach it. A prospecting permit has been allocated to a mining company for the coal for the whole area of more than 2000Ha, and the new owner can negotiate an agreement for the coal with the permit holder. The property includes a three-bedroom house, perfect for residence or it can be rented out or used as staff accommodation.

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.