Farm for auction in Genazzano, Tongaat

Tongaat farm: established crops, R400K/month income, expansion potential.

Going on Auction: Wednesday 24 June 2026
Reserve Price: P.O.A. (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)

This single-title farm in Tongaat, Genazzano offers a rare strategic investment and land-banking opportunity. Positioned for rezoning and structured development, it provides excellent access to the N2 and nearby airport. The property operates with established distribution channels, generating a gross yield of approximately R400,000 per month, and can be scaled for agricultural production or peri-urban expansion. Sold as one consolidated plot, it allows for leveraged financing of up to 60% through commercial or agricultural lending structures. Neighbors include prime residential-zoned land with ocean views and productive sugarcane land with quotas ready to fill, maximizing long-term capital growth potential.

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.