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LESOTHO BEREA DISTRICT COMMERCIAL PROPERTY AUCTION IN ILLOVO, GAUTENG AUCTIONED BY BROLL AUCTIONS AND SALES

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ILLOVO - COMMERCIAL PROPERTY, AGRICULTURAL PROPERTY, AGRICULTURAL PRODUCTS, INVESTMENT PROPERTY

LESOTHO BEREA DISTRICT

DESCRIPTION:


ON AUCTION 22 NOVEMBER 2023: High-end Commercial Agricultural and Cultivation Business Opportunity in Africa's Water Kingdom - Lesotho

 

Broll Auctions and Sales presents you with an opportunity to invest in an agricultural/cultivation business that operates at high altitudes outdoors, benefits from optimal natural conditions that enhance crop yields. This company's state-of-the-art facilities, professionally developed by Canopy Growth and backed by R450 million in funding, underscore their commitment to excellence. The company's mission centres around creating a holistic, pesticide-free cannabis and CBD brand rooted in Africa, currently offering around 5 products while possessing the capacity to cultivate a wide array of genetics for international distribution.

Although initially designed for cannabis and hemp, their machinery and processing capabilities enable versatile cultivation, including cash crops like barley, wheat, grain, sorghum, sesame, and biofuels. 


GACP and ISO22000 accredited, the business boasts an impressive register of agriculture related assets all included in the sale (please request asset and stock list).

This is a fantastic opportunity for a large-scale trade-player or other knowledgeable investor to diversify its agriculture exposure by way of a 100% buyout of the equity shares.

FEATURES:

  • Natural aquifer with an average flow of 1 million litres per day
  • Three mega boreholes (two drilled and active, one drilled awaiting activation)
  • Two x 1 million litre reservoirs with a third under construction
  • ISO 22000 compliant processing and packaging facility (modern high -quality facility capable of processing and packaging a variety of produce)
  • Fully integrated irrigation system currently equipped to cover the 11 hectares of land under cultivation capable of expansion.
  • High level stock on hand: ±5 tons CBD Biomass and ±5.5 tons THC Biomass
  • Highly Fertile Land
  • State-of-the-art Netafim technology controlling the fertigation of 4 blocks of fields equating to±20ha

FULL ASSET LIST AVAILABLE ON REQUEST

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