We will sell by public auction on:
WEDNESDAY, 28 JULY 2021
AT REMAINING EXTENT 45 OF
THE FARM RIETFONTEIN 348
(25°49'24.85"S / 27°23'19.84"E)
Remaining Extent 45 of the farm Rietfontein 348, Registration Division JQ, Rustenburg
Local Municipality, North West
Measuring: 19.1478 hectares
The property consists of a dining hall with kitchen of approximately 300m², a seminar area with ablutions under a thatch roof of approximately 135m², a laundry of approximately 50m², an old farm house that was converted into 8 bedrooms with ablutions for the housing of residents, ± 180m² living quarters, 211m² living quarters with ablutions, a flatlet of 60m² with two bedrooms and a bathroom, a 632m² seminar area under a steel construction with ablutions and also rooms for accommodation.
A flatlet area with 3 flats consisting of:
• First one, 1 x bedroom, kitchen and bathroom
• Second one, 1 x bedroom and kitchen
• Third one, 2 x bedroom, kitchen with ablution.
• Workers quarters of 3 x bedrooms approximately 100m²
• Swimming pool
• Water is pumped out of two boreholes and electrical power is supplied by Eskom
Property is located under the southern side of Mooinooi. On the N4 towards Rustenburg you turn left towards Buffelspoort Marikana. At the T-junction you turn right and proceed for approximately 1 kilometer and turn left on the Buffelspoort road, continue pass the Buffelspoort dam.
Auction arrows will be erected.
It is a good opportunity to obtain a well-developed property in a pictures area close to Pretoria and Johannesburg.
All prospective buyers are advised to attend the auction. Viewing by appointment with the auctioneers or visit our webpage.
CONDITIONS OF SALE:
10% (TEN PERCENT) deposit for each property on day of the auction and the balance to be paid in cash or acceptable guarantees to be delivered within 45 (FOURTY-FIVE) days after date of confirmation, confirmation within 14 (FOURTEEN) days after date of sale. The rules of auction and sale conditions will be read out prior to the sale, terms and conditions available on request.
Normal Covid-19 rules will be applied inside the venue. Mask and sanitizer are compulsory.
All potential buyers to register before the auction and proof of identity and residential address are required.