8.6 ha Farm in Amandasig

Smallholding ideal for development.

Going on Auction: Wednesday 30 October 2024

Reserve Price: R3 200 000.00 (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)

Unique opportunity with absolute serenity, situated at the North facing foot of the majestic Magaliesberg Mountain Reserve. Surrounded by a mix of modern residential development on the North side and mostly smallholdings on the South side. The property has a conceptual designed plan for 38 serviced stands, for a total of 63 dwelling units of varying size. The original natural stone residence from the mid-20th century is charming, but in need of renovation. A separate four-bedroom staff quarters also in need of renovation.

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.