± 488 HA Beef, Potato & Timber Farm With Exciting Medicinal Cannabis Potential

AUCT-000528 | On Auction

Dargle, Midlands, KwaZulu Natal


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± 488 HA Beef, Potato & Timber Farm With Exciting Medicinal Cannabis Potential, Portion 1 of the Farm Runnymeade No. 15577, Upper Dargle

Extent: ± 488.4377 ha | ± 250 ha Arable land | ± 235 ha Veld grazing land | 2/3 Year-Old Gum | Already Earmarked for establishment of Cannabis through the proposed Mpendle Medicinal Marijuana Project.

Waverley has been identified by the KZN Development Agency ,based in Pietermaritzburg and linked to Government, as a property suitable for the production of medicinal cannabis oil. The farm is isolated and elevated with extensive irrigable lands with sufficient water. It is in an area which the government is keen to develop. Medicinal cannabis oil yields a profit of between 17-35 million per ha. It will be the next agricultural gold rush.

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Farm Type:
Other
Web Reference:
AUCT-000528
List price:
POA
Address:
Dargle, Midlands, KwaZulu Natal
Property Extent:
488.4377 ha
Auction Venue:
Durban Country Club
Isaiah Ntshangase Road
Durban
KwaZulu Natal
Auction Date:
24 October 2017 11:00 am



Auctioneer:
Andrew Miller
Auction Terms and Conditions:
R 50 000 refundable registration deposit. Strictly by bank guaranteed cheque. No cash. ID Document is required.
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Auction Date: 24 October 2017 11:00 am

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