AUCTION CANCELLED. Apologies for any inconvenience caused at this late stage.

Duly authorised we will sell on-site by PUBLIC AUCTION

6HA SMALLHOLDING, RIVERSDALE 

Auction date: Friday, 5 April 2024
Time: 10:00
Venue on-site

GPS Co-ordinates: 34.041302°S 21.247475°E

Click on the link to download the auction brochure: Auction brochure 5 April 24

Click on the link to download the registered water verification: WATER VERIFICATION

Driving directions:
Take the R323 North from Riversdale towards Ladismith (Ladismith Rd), pass the Oakdale Landbou School, continue for about ± 6km, turn right at the Novo sign, onto the dirt road, and drive ± 1,2km till a T-section. Turn right at the T-Section and continue for about ± 2,6km. The farm will be on your right. Look out for our auction boards.

Property details

• Total extent: 6.2412 ha
• Located in close proximity to the R323 (that connects Riversdale with the interior Little Karoo), to the north of the town.
• An unimproved piece of nature set in the picturesque rural area of Riversdale in the Western Cape, overlooking the Langeberg Mountains with the well-known Sleeping Beauty and the Novo valley.
• Partially fenced.
• Water availability – water rights of 18,200m³ per annum from the Water Scheme
• Ideal for a weekend get-away spot in nature.

Summary of Conditions of Sale

• Purchaser pays 10% deposit & 7% commission (plus VAT) on day of and by the close of the auction.
• There will be a period for higher offers after the auction. One confidential higher offer per purchaser is allowed after the auction, which will close on 12 April 2024 at 12:00 noon. Any offer made after the auction will only be regarded as a valid offer if the deposit and auctioneer’s commission have been paid and cleared into the auctioneer’s bank account and the offeror has signed the Conditions of Sale before April 12th at 12:00 noon. The sale shall be subject to confirmation by the Seller by April 19th ; however the Seller may accept or decline the offer before 19 April 2024.
• The highest bidder will be held bound to his bid until 19 April 2024.
• Balance of the purchase price is payable against registration of transfer.
• The Purchaser shall within 30 days of acceptance of this offer by the Seller, furnish the Seller’s Conveyancers with a guarantee by a registered financial institution and acceptable to the Seller, for the payment of the balance of the purchase price.
• VAT payable by the purchaser on the purchase price
• OCCUPATION and POSSESSION of the property shall be given by the Seller to the Purchaser on the date of registration of transfer into the name of the Purchaser, when all benefit and risk in the property shall pass to the Purchaser.
• All conveyancing work in connection with the transfer of this property shall be effected by the Seller’s attorneys. All costs to the giving and taking of transfer and registration will be paid for by the Purchaser.
• Property sold VOETSTOOTS

Enquiries
Auctioneer Daniel van Schalkwyk 083 255 4245
Office in George 044 878 2877