Farm for auction in Darling

86 Ha Olive & Teff farm sold as a going concern.

Going on Auction: Wednesday 25 September 2024
Reserve Price: R15 000 000.00. (All offers will be reviewed)
Expected opening bid: R12 000 000.00
Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

Nestled in the heart of Darling, Western Cape. This stunning 86-hectare property boasts a thriving olive farm, presenting a unique opportunity for sale as a going concern. With 17 hectares of Frantoio Olives under meticulous drip irrigation and 10 hectares of Teff serviced by a Valley Centre pivot irrigation, the agricultural possibilities are boundless. The remaining land offers versatility for dry land wheat production or livestock grazing. The property features a state-of-the-art automated irrigation system supported by two pump houses, two irrigation dams, nine boreholes, and access to municipal water. Powered by Eskom and supplemented by a robust solar system boasting 70 KW solar panels and a 60 KW inverter, energy sustainability is at the forefront of operations. The infrastructure is impeccably maintained, comprising two-bedroom farmhouse, an olive processing store fully equipped for production, a dedicated olive tasting room, an implement shed, an open shed, a cold room, two labourer's cottages, and essential ablution facilities and storage units. This meticulously managed farm offers a turnkey solution for aspiring farmers, with all modern amenities and equipment in place for immediate operation. The farm, sold as a going concern by a VAT vendor, offers flexibility in purchasing options.

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.