Smallholding for auction in Murchison, Port Shepstone
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Web Ref: 1303961
Property Features
21.4803Ha Sugarcane farm.
Going on Auction: Wednesday 23 July 2025
Reserve Price: R4 500 000.00. (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)
Calling all investors or existing farmers. This 21.4803ha agricultural land is perfectly suited to expand an existing operation or to use as a blank canvass for a new start-up. Planted with sugarcane and a contract is in place with Illovo. The farm has a borehole and natural holding dam supplying water but currently lacks a pumping and irrigation system. Only the land is for sale, there are no improvements made, or any buildings or equipment included in the sale. The seller is registered for VAT. Vacant on transfer.
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.
Location
Contact the agent
Registered with the PPRA
Franchisee of Rawson Residential Franchises (Pty) Ltd | Registered with the PPRA
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