This auction is closed
Midlands, KwaZulu Natal - In Terms of Power of Attorney Auction
IN TERMS OF POWER OF ATTORNEY
The subject Farm is located within the Upper Dargle area of the beautiful KwaZulu Midlands. The area is one of the most appealing parts of the Kwazulu Natal, lying at the foot-hills of the Drakensburg Mountains.
The Farm is positioned approximately 7km from Impendle and approximately 35km from Dargle. Impendle Road runs west from the R103 between Lions River (in the South) and Balgowan (in the North).
Some amenities can be found in Notthingham Road while all other modern day amenities can be found in Howick.
This farm in extent of 488, 4377 hectares is made up of 250 hectares arable land of which 80 hectares is planted with 2 to 3 year old gum trees. The remaining land being approximately 238 hectares is for veld grazing. The area and this farm is well known for beef farming and seed potatoes.
Improvements on the property include a 648 m² steel shed which is in good condition, a five bedroom farm house with some need of restoration, cattle handling facilities and two smaller sheds.
This property has been identified by the KZN Development Agency as a site of 100 hectares cannabis oil project, which is a first in the province and with returns of 17m per hectare, which is very profitable.
Monthly Rates:R 1 120.25 (Estimated)
Extent: 488.6369 HA