356 Hectare Farm is located close to Potchefstroom

This 356 Hectare Farm is located close to Potchefstroom in the North-West Province of South Africa. It is being offered for sale for R33,000,000 VAT Excluded. The farm includes 63 Hectares of irrigated land, of which 12 hectares are newly planted Lucerne, and the rest established Lucerne. There is also 2 hectares of Pecan nuts with Lucerne, irrigated with sprinklers. Additionally, there is 193 hectares of natural grazing, 73 hectares of Ou lands/Eragrostis grass, and 20 hectares of Teff grass.

There are also several hectares of arable/dry land for growing crops. The farm has a gradual slope in different directions, and soil analysis indicates the presence of various soil types. Water drainage is good, and no erosion is present. Irrigation certificates stating water sources and water rights are in place. Irrigation takes place out of two water sources: a river and a canal, and there is an additional water supply from several boreholes on the farm.

The farm also has several structures and buildings ideal for livestock, as well as livestock handling facilities, camps, waterholes, cement dams, ground dams, and drinking points. There are also several houses and other buildings ideal for a family, farm manager, labourers and more. Electricity is provided by Eskom with 1 x 50kVA and 1 x 100kVA transformers.

There are three methods to buy the farm:
1. Cash, that is available without a prolonged waiting or notice period.
2. Financing but requires the Buyer to have at least 50 % cash deposit readily available.
3. No rent-to-buy options will be considered for this farm.

The farm has been successfully operated as a business for many years, and if purchased as a going concern, the new owner can reap the benefits of an already established and successful business. The Seller is a Registered VAT Vendor, and VAT is not calculated and indicated in the Advertised Selling Price.

The livestock, implements and other assets can be negotiated and purchased separately and do not form part of the Advertised Selling Price. The possibility exists to purchase the farm, livestock and implements as a going concern and thereby also exists the possibility of a zero-rated transaction.

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