Farm for auction in Philippi, Cape Town

Groenkloof Farm on 4.3 hectares in Philippi.

Going on Auction: Wednesday 28 April 2021
Reserve Price: R2 795 000.00 (All offers will be reviewed)
Expected opening bid: R2 500 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

HUGE FARM WITH LOADS OF POTENTIALS.
This farm is on 4.3 hectares and consists of two houses. Ample land that is ideal for vegetable farming. The
current fields are under irrigations & two boreholes. Farm with loads of potentials.

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.