AUCTION SALE OF A 244-HA IRRIGATION FARM IN THE BALTIMORE AREA WITH LICENSED WATER AND LOOSE ASSETS (SEPARATE) AGRICULTURAL PROPERTY AUCTION IN BALTIMORE, LIMPOPO AUCTIONED BY ELI STROH AUCTIONEERS

Duly instructed thereto by the directors of Denkra (Pty) Ltd, we will sell by public auction on:

FRIDAY, 23 FEBRUARY 2024 

@ 11:00

AT PORTION 4 OF THE FARM SYDNEY 998, LR

BALTIMORE, LIMPOPO

(NEXT TO N11)

LOCATION:

Property is located in the very popular Baltimore area.  Approximately 5 km to the North-West of Baltimore on the N11.

Auction arrows will be erected. 

AUCTIONEERS NOTE:

This is a rare opportunity to obtain a valuable property which has potential to give an excellent return with all the necessary licenses regarding water in place.  Access to the property is directly from the N11.  The climate in this area is excellent for crop farming which gives farmers in this area the edge at the market when delivering product. 

*****NOTE:  3 – YEAR PAYMENT PLAN – NO INTEREST*****

All prospective buyers are advised to attend the auction.  Viewing by appointment with the auctioneers or visit our webpage. 

CONDITIONS OF SALE:

25% (TWENTY-FIVE) deposit on the day of the auction and balance to be paid in 3 (THREE) equal payments on 12 (TWELVE) months intervals, from day of auction.   Confirmation within 7 (SEVEN) days after date of sale.  

The rules of auction and sale conditions will be read out prior to the sale, terms and conditions available on request or on our website.

All potential buyers to register before the auction and proof of identity and residential address are required.

We reserve the right to cancel the auction without notice.

DESCRIPTION:

244-ha Farm adjoining the N11 in the Baltimore area.  This property has a water license held under license number:  A7/A63A/A/1370 for 75 670m³ per annum

Improvements:

• 12-ha Developed crops with dripper (electric fenced)

• 40-ha Cleared land for further crop development

• ± 210 000 New zinc dam

• 2 x Equipped boreholes

• 5 x Unequipped boreholes

• 1 x 100KVA Eskom connection

• 1 x Storeroom

• 3 x Worker quarters 

• Game fenced