Duly instructed by ABSA Bank and the Trustee in the Insolvent Estate matter.
This expansive 100-hectare property is located in a peaceful and remote area known for lifestyle farming and country living. With direct access from the R45 Vredenburg Road, the property offers plenty of space and an opportunity to create a private rural retreat.
The main residence is a large farmhouse comprising approximately 5 bedrooms, an entertainment area and a patio that overlooks the open yard. The house has unfortunately been affected by a fire and will require extensive repairs and maintenance, making it well suited to buyers looking for a restoration project.
The land is gently sloping in parts and includes various farming-related improvements, such as a storage building, shade cloth structures and what appears to be a former livestock shelter. Cattle are currently present on the property.
A borehole services the property; however, due to the electricity supply being disconnected, the borehole could not be tested during the inspection. The property does not have water at the moment, although this cannot be guaranteed. Buyers should note that title deed conditions reportedly permit only one borehole on the property, with municipal approval required for any additional boreholes.
The property's previous farming activities and soil type are unknown, and interested purchasers are encouraged to conduct their own investigations regarding the property's suitability for any intended use.
The property is currently occupied by tenants.
This property provides a unique opportunity for buyers seeking a large rural holding with potential to restore and develop according to their own vision.