The Lonwabo Wildlife Estate, 530 hectares of game farm situated in the heart of the Eastern Cape, will be auctioned off by Rawson Auctions Western Cape this month. The farm has more than 250 animals.

The estate is in a magnifi cent condition surrounded by a strong South African savannah and rolling bushveld landscapes. The area receives on average 520mm of rainfall throughout the year.

The game farm is situated off the N2 , about 60km from Port Elizabeth . It also borders the Amakala Wild Reserve, as well as the Wycomvale International game farm.

The south side of the farm is 12km from the Addo Olifant Park, and is close to the Sondagsriver .

“On clear days you can see Port Elizabeth and at night PE’s fairytale lights from the farm,” said Tanya Jovanovski, franchisee of Rawson Auctions Western Cape.

“ It has low electricity consumption as a result of solar geyser water tanks at the homes and low energy light bulbs.”

“The approval for 70 houses to be built on between a 300m2 and 500m2 plots are already in place .”

Eskom electricity is available through a 300kw step-down transformer. “That Eskom is already supplying the farm with power is a huge plus. They no longer supply power to these types of development.”

The farm is fully fenced for the game, and has intersecting gravel roads. In terms of water supply, the farm comes with six boreholes– one of which is supplied with by a submersible pump. Water from the central reservoir feeds the main line.

The buildings on the land are newly built, and include an electric gate entrance, a house – which comprises three bedrooms, two bathrooms and a double garage – and a shed for stage space, where maintenance and vehicles can be kept. There are also new ablution facilities (showers, basins and wash-closets) .

The auction will be by tender (writt en offers in a sealed envelope), with tenders closing on March 29, at noon.

The guided price for the farm is R20 million.

The seller is registered for VAT, meaning a transfer duty will not be payable. Rates and taxes are approximately R673 000 per month.

In following with the terms of Rawson Auctions, there is no registration fee to bid. However, 5% deposit of the purchase price, as well as 10% commission plus VAT over and above the purchase price to be paid to Rawson Auctions by the buyer on acceptance of seller.

Bidders are required to be registered and must have with them certified copies of their identity.

Info:

_ Interested parties are requested to submit all offers on the Rawson Auctions standard terms and conditions offer to purchase, a copy of which can be obtained by contacting our office on info@ rawsonauctions.com or phone 021-837-1700.

_ Bids can be delivered to Rawson Property Group’s head office ce, 222 Main Road, Rondebosch.

_ If you require more information or want an appointment to view the property, please contact Tanya Jovanovski on 082-411-9599 or 021-837-1700.