Farm for auction in Philippi, Cape Town

R16,997,000
  1. 7
  2. Web Ref: 1066569
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Property Features

ERF Size 8,000 m²
Rates R855 per month

Interior Features

7 Bathrooms
3 Dining Rooms
2 TV Rooms
3 Lounges

Exterior Features

20 Parking Spaces

Going on Auction: Wednesday 07 October 2020 at 12 Noon

Going on Auction: Wednesday 07 October 2020 at 12 Noon
Reserve Price: R16 997 000.00 (All offers will be reviewed)
Non-refundable 10% commission plus VAT over and above purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

Sheep and cattle farm on an 8000m2 property. Main income (Approximately R15million per annum) from buying and
selling approx. 1000 sheep per month. Business also generates income from wool and cattle farming.
The property also has 3 houses with rose and fruits trees, abattoir, cold storage & 13 pens as well 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

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*based on purchase price at Prime over 20 years

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