Farm for auction in Umhlathuze, Empangeni

Four sugarcane farms with high profit returns – Ideal investment

Going on Auction: Wednesday 22 May 2024
Reserve Price: R110 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)

FOUR SUGARCANE FARMS WITH HIGH PROFIT RETURNS – IDEAL INVESTMENT OPPORTUNITY.
Presenting an exceptional investment opportunity – Four thriving sugarcane farms, strategically located near Empangeni in KwaZulu-Natal. These well-established properties boast high income from sugarcane cultivation. One farm stands out with an additional 20 hectares dedicated to flourishing macadamia trees, enhancing its diversified revenue stream. The layout includes two farms conveniently adjacent to each other, fostering operational synergy, while the other two are distinct land parcels, providing flexibility in land use. On one of the farms, two houses offer comfortable living, and the adjacent farm features an additional house. Notably, the adjacent farms benefit from water rights sourced from the Goedertrouw water scheme, ensuring reliable water supply for agricultural needs. These properties offer expansion possibilities for both sugarcane fields and macadamia orchards, making them a lucrative investment for those seeking a prosperous venture in the agricultural sector.

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.