Farm for auction in Genazzano, Tongaat

Opening Offers and bids From R16 500 000 negotiated

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

Purchasers are responsible for a 10% commission plus VAT payment on the agreed purchase price, payable to Rawson Auctions on the fall of the hammer.

Going on Auction 30 September 2026

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.

This property is offered subject to a reserve price. All bids and offers are subject to confirmation by the seller.