Farm on auction in Philippi, Cape Town

Voluntary/ Non-distressed auction.
Expected opening bids will start at R11 550 000
***NO BUYER`S PREMIUM!***
- Non-disclosed reserve price (set by the Seller).
- Offers can be accepted before the Auction Date. All offers will be reviewed

This Farm offers a variety of possibilities for the discerning investor.
Youth development ventures, Rental Accommodation, Bed & Breakfast establishments, Business conferencing or team-building opportunities, and so much more! Or you can simply take over the reins of this already established farming business with the aid of free management support from the existing owner & farmer for the next 12 months.

The Farms offer these Four Separate Dwellings
1). A Six-Bedroom House with Four bathrooms (of which Three are en-suites). A spacious fully fitted open-plan kitchen. A warm & invitingly social lounge and dining area complete with a cozy fireplace and in-door braai area. A huge indoor entertainment (gaming) area with its own guest bathroom. The kitchen and entertainment room lead to the outside entertainment area with a large swimming pool and built-in braai area.

2). A Three-Bedroom Double-storey cottage with an open-plan lounge, dining, and kitchen area, and a fireplace. The kitchen has BICs with granite tops and a pantry. A Guest toilet downstairs. Upstairs are Three Bedrooms and Two Bathrooms, of which one is an ensuite with both a bath and shower and a double-vanity, and the other has a toilet, hand-basin, and shower. Two of the rooms lead onto an open balcony which is partially covered so you can appreciate the beautiful landscape views. Outside is a tranquil private garden area with covered parking for at least two vehicles behind locked gates.

3). A One-Bedroom flatlet with a kitchenette and bathroom. The huge windows and double sliding doors invite good natural lighting into this dwelling space.

4). A Two-Bedroom cottage with its own private garden. This unit also offers a covered outside entertainment area with a built-in braai to enjoy throughout the year regardless of the season. The entertainment area flows directly into the lounge, dining, and open-plan kitchen areas. The kitchen is fully fitted with BICs and an under-counter oven with a gas hob. The huge aluminum windows invite a generous amount of natural lighting into this living space. Both bedrooms are on the upper level and lead into the main bathroom which has a shower, toilet, and double-vanity. There is a second lounge/entertainment area and a storage room on this level as well as a guest toilet.

The land being farmed offers an array of mixed vegetables all grown organically and is protected by shade-netting. The Farm also has a dam, pump, irrigation system, and Three Boreholes.

The owner is also willing to discuss selling the business itself which has successfully been operating for the past 18yrs.

Auction Terms:
N...

Property Reference #: 111546405

Agent Details:
Virtual Realty
Virtual Realty
45 North Oaks Estate, North Oaks Avenue, Hout Bay, 7806
North Oaks Avenue
Hout Bay
7806