Auction Of 431ha Maize & Grazing Farm 21km From Dundee

The farm is operated as a commercial maize and grazing farming operation

Bidding starts: 21st November 2024 commencing at 10h00 | Bidding closes: *from 10h00, 22nd November 2024

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Bid With Our Online Auction App For A ±431ha Maize & Grazing Farm Situated ±21km From Dundee, KwaZulu-Natal

OBO the appointed Business Rescue Practitioner of Sipho Kithandile Investment Properties CC (Under Business Rescue)

PROPERTY OVERVIEW

Farm described as Remainder of Portion 1 of the Farm Rietvlei Farm Number 101 Registration Division GT, Province of KwaZulu-Natal in extent of 431,4716ha and held under Title Deed No.: T48928/2008

Municipal information

Remainder of Portion 1 of the Farm Rietvlei Farm Number 101 
Municipality : Endumeni Municipality 
Market Value : R 3,444,000.00 
Monthly Rates : R 1,205.40

Situation and locality

The subject farm is located in the Endumeni Local Municipality approximately ±21km from Dundee towards Vryheid along the R33. Dundee is a coal mining town is situated in a valley of the Biggarsberg Mountains in KwaZulu-Natal, South Africa (28° 10′S 30 ° 14′E). It is part of the Endumeni Municipality, Umzinyathi District.

Labour tenants 

There are labour tenants staying on the farm along with their livestock.

Land Claims

OFFICE OF THE REGIONAL LAND CLAIM COMMISSIONER: no land claims appear on our database in respect of the property described as the Remainder of Portion 1 of the farm Rietvlei No. 101. This includes the database for claims lodged by 31 December 1998 and those lodged between 1 July 2014 and 27 July 2016 in terms of the provisions of the Restitution of Land Rights Act, 22 of 1994 (as amended).
Whilst the Commission takes reasonable care to ensure and verify the accuracy of the information it provides, there are various factors that are beyond the Commission’s control, particularly relating to claims that have been lodged but not yet published in the relevant government gazette.

Access roads

Access to the farm is difficult, as the only enter thereto is via a 1 ½ km road servitude on the adjoining farm.

Description

The farm is commercial farming operation located approximately 4km from Dundee. Access to the farm is difficult, as the only enter point is via a 1 ½ km road on the adjoining farm. It has not been verified whether the access road is a servitude as it does not appear on the Title deed nor on the Title Deeds of the adjoining farms. 
1.Closed storage 208sqm
2.Lean-to 36sqm

Agricultural Activities 

The farm is operated as a commercial maize and grazing farming operation.

For more info contact Danielle  033-397-1190 or email reception@maskell.co.za

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  • Buyers card deposit: R50,000.00
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  • SALE is subject to confirmation
  • Bidding subject to Automatic staggered ending times

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