1 ha Farm in Hughes

Secure farm with a five-bedroom house.

Going on Auction: Wednesday 27 November 2024

Reserve Price: R1 600 000.00. (All offers will be reviewed)

Expected Opening Bid: R1 500 000.00

Non-refundable 10% commission plus VAT over and above the purchase price to Rawson Auctions on fall of the hammer (Payable by the buyer)

Ideal for an investor to own this farm in Elandsfontein nestled near the N4 that leads to both Pretoria and Rustenburg. Security is a high priority which has the entrance monitored. This farm has five spacious bedrooms with two en-suite (second one incomplete) two family bathrooms, two spacious dining rooms one having a fireplace. The garage is incomplete for six cars, a carport for four cars, braai area, borehole and a 7500-liter Jo-Jo tank. This farm has the potential for the prospective buyer to build extra dwellings and to plant fruit and vegetables. The seller has disclosed major defects. Onus is on the purchaser to repair. The property is sold voetstoots.

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 propertys 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.