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Liquidation Sale of Massive Agricultural Property in Western Cape

Liquidation Sale of Massive Agricultural Property

Lots Closing: 30 Sep 2019 from 12:00 PM ZA

By order of Liquidators representing Grand Palace Trading 212 (Pty) Ltd

Private Treaty Sale of agricultural property in liquidation located in Elands Bay - Western Cape

Agricultural property previously used for grazing purposes. It boasts 10 boundaries and two access points. Situated along R366 Regional Highway, approximately 30kms from Elands Bay and located on the upper West Coast of the Western Cape Province. It boasts a residential dwelling, a shed and a farm utility dwelling (storage of farming equipment and consumables) as well as 4 plastic water storage tanks, a cattle kraal, a partly constructed swimming pool and site improvements consist of perimeter fencing, access gates on both entrances, a borehole, an irrigation system, an electrical substation, a natural water reservoir and a pump house. Serviced by Eskom and the main water sources are the Verlorenvlei as well as the Oliphant's and Doring Rivers.

Executive Summary

Ptn 40 of Farm 1 Bonteheuvel Reg Div: Piketberg Rd Western Cape
Along R366 Regional Road, Elands Bay (GPS: 32°22'24.3"S 18°30'02.3"E)
Extent: ±637.5889Ha
There is various farming equipment on the property to be purchased separately with the farm such as Pivots, Turnerland TL -280-PH Planting Unit,Various multi tooth ripper implements (with tow behind),Various single axels trailers and tractors.

Auction Notes

Property: Deposit of 10% to be paid upon acceptance by the seller
Movable Assets: Buyer's premium of 10% to be paid upon acceptance by the seller

Notice To Purchasers

Buyers Premium : 10%
VAT / Tax : 15%

Additional Notes

This sale is governed by the Consumer Protection Act – Act 68 of 2008 (South Africa), and further reference to the Act and the regulations can be downloaded here.
Consumer Protection Act 68 of 2008
Consumer Protection Act 68 of 2008 - Regulations

The Bidders Attention Is Drawn To The Following

The Rules of sale can be found under the downloadable documents tab
The property will be sold “Voetstoots” and on “AS IS – WHERE IS” condition. It is the buyer’s responsibility to perform an inspection of the property prior to the sale.

 Event Details
  • Bidding Opens:   19 Aug 2019 05:00 PM
    Bidding Closes:   30 Sep 2019 12:00 PM

    Asset Location:
    R366 Regional Road, Elands Bay, Western Cape

    Viewing Details:
    Please contact Catherine Pritchard

 Contact Details
  • Contact:   Catherine Pritchard

    Email:   catherine.pritchard@liquidityservices.com
    Mobile:   +27 (0) 79 794 6949
    Tel:   +27 (0) 21 702 3206

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