9 EXCELLENT FOR SALE

BY MIXED FARMS

AUCTION KROONSTAD / ,

WEB#: AUCT-000392 | www.in2assets.com ADDRESS: Various Farms off the R70, between Senekal and Kroonstad, Free State AUCTION VENUE: The Boma Auction Complex, Between Kroonstad and Ventersburg, Free State AUCTION DATE & TIME: 26 April 2017 | 11h00 VIEWING: By Appointment CONTACT: Marchand Meyer| 083 259 1056 | 031 574 7600 | [email protected] REGISTRATION FEE: R 50 000-00 (Refundable Bank Guaranteed Cheque) AUCTIONEER: Andrew Miller

The Rules of Auction can be viewed at www.In2assets.com or at Unit 504, 5th Floor, Strauss Daly Place, 41 Richefond Circle, Ridgeside Office Park, Umhlanga Ridge. Bidders must register to bid and provide original proof of identity and residence on registration. The Rules of Auction contain the registration requirements if you intend to bid on behalf of another person or an entity. The above property is subject to a reserve price and the sale by auction is subject to a right to bid by or on behalf of the owner or auctioneer.

9 FARMS, KROONSTAD / SENEKAL, CONTENTS FREE STATE 1318 Old North Coast Road, Avoca

CPA LETTER 2

PROPERTY DESCRIPTION 3

PROPERTY LOCATION 6

PICTURE GALLERY 7

ADDITIONAL INFORMATION 11

TERMS AND CONDITIONS 14

SG DIAGRAMS 15

TITLE DEEDS 28

LAND CLAIMS 42

ZONING CERTIFICATES (KROONSTAD FARMS) 44

DISCLAIMER: Whilst all reasonable care has been taken to provide accurate information, neither In2assets Properties (Pty) Ltd nor the Seller/s guarantee the correctness of the information, provided herein and neither will be held liable for any direct or indirect damages or loss, of whatsoever nature, suffered by any person as a result of errors or omissions in the information provided, whether due to the negligence or otherwise of In2assets Properties (Pty) Ltd or the Sellers or any other person. The Consumer Protection Regulations as well as the Rules of Auction can be viewed at www.In2assets.com or at Unit 504, 5th Floor, Strauss Daly Place, 41 Richefond Circle, Ridgeside Office Park, Umhlanga Ridge. Bidders must register to bid and provide original proof of identity and residence on registration.

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9 FARMS, KROONSTAD / SENEKAL, CPA LETTER FREE STATE

1318 Old North Coast Road, Avoca

In light of the Consumer Protection Act which came into effect on 1 April 2011, In2Assets would like to offer you, our valued client, the opportunity to pre-register as a bidder prior to the auction day.

South African consumers are now amongst the best protected consumers in the world and the purpose of the Act is to promote fair business practices and to protect consumers against deceptive, misleading, unfair or fraudulent conduct.

It is compulsory that all Bidders are required to present the following documentation in order to register at our auctions (without which registration cannot take place):

1. SA Identity Document;

2. Utility bill addressed to your physical address (not older than 3 months);

3. In the event of you bidding on behalf of a company, trust or close corporation in your capacity as director, trustee or member respectively, you are required to submit a letter on the Entity’s official letterhead authorizing you to bid, sign all necessary documents and effect transfer on behalf of the Entity which must be accompanied by a certified copy of the resolution by the directors, trustees or members of the entity authorizing you to do so.

4. A special Power of Attorney is required should you be bidding on behalf of another person which must expressly authorize you to bid on behalf of that person and must include a certified copy of that person’s SA Identity Document and proof of that person’s residential address not being older than 3 months.

5. Copy of Entity’s FICA Documents

6. Vat Registration Certificate

7. Income Tax Reference Number and proof of marital status

We would like to offer you an opportunity to register prior to the auction in order to avoid the time-consuming registration process as we endeavor to make this process as hassle free and efficient as possible.

Should you require any further assistance or have any questions or queries, please do not hesitate to contact us.

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PROPERTY 9 FARMS, KROONSTAD / SENEKAL, FREE STATE 1318DESCRIPTION Old North Coast Road, Avoca

General

Property Address: 9 x Farms off the R70 between Kroonstad and Senekal Township & Province: Kroonstad and Senekal, Free State

Title deed information – Property 1

Title Deed Number: T36825/2003 Registered Owner: Maria Emmerentia Schutte Title Deed Description: The Farm Lissabon No. 874 Extent: 256, 9596 Hectares

Title deed information – Property 2

Title Deed Number: T33637/2005 Registered Owner: Maria Emmerentia Schutte Title Deed Description: The Remainder of the Farm Di Groot Spruit No. 296 Extent: 260, 5494 Hectares

Title deed information – Property 3

Title Deed Number: T33637/2005 Registered Owner: Maria Emmerentia Schutte Title Deed Description: Portion 1 of the Farm Vaalbank No. 203 Extent: 462, 5273 Hectares

Title deed information – Property 4

Title Deed Number: T33637/2005 Registered Owner: Maria Emmerentia Schutte Title Deed Description: The Farm Erfstuk No. 695 Extent: 212, 5564 Hectares

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PROPERTY 9 FARMS, KROONSTAD / SENEKAL, FREE STATE 1318DESCRIPTION Old North Coast Road, Avoca (Continued)

Title deed information – Property 5

Title Deed Number: T36825/2003 Registered Owner: Maria Emmerentia Schutte Title Deed Description: The Farm Tweede Deel No. 1070 Extent: 171, 3093 Hectares

Title deed information – Property 6

Title Deed Number: T33637/2005 Registered Owner: Maria Emmerentia Schutte Title Deed Description: The Farm Smaldeel No. 1400 Extent: 85, 6532 Hectares

Title deed information – Property 7

Title Deed Number: T33637/2005 Registered Owner: Maria Emmerentia Schutte Title Deed Description: Portion 6 of the Farm Ongegund No. 143 Extent: 193, 3090 Hectares

Title deed information – Property 8

Title Deed Number: T4784/2008 Registered Owner: Lonel Boerdery CC Title Deed Description: The Farm Smaldeel No. 202 Extent: 488, 2113 Hectares

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PROPERTY 9 FARMS, KROONSTAD / SENEKAL, FREE STATE 1318DESCRIPTION Old North Coast Road, Avoca (Continued)

Title deed information – Property 9

Title Deed Number: T9900/2003 Registered Owner: Lonel Boerdery CC Title Deed Description: Portion 1 of the Farm Kleinhansrust No. 2043 Extent: 326, 5018 Hectares

Municipal information

The local authority in which the properties are situated is Moqhaka Local Municipality. According to the permitted zoning scheme the properties are zoned as follows:

Town Planning Information

Zoning: Agricultural

Comments: Copies of zoning certificates for the Kroonstad, (Property 8 & 9) are attached hereto. We are unable to obtain zoning certificates for Property 1 - 7

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9 FARMS, KROONSTAD / SENEKAL, PROPERTY FREE STATE 1318LOCATION Old North Coast Road, Avoca

Senekal is a town situated on the banks of the in the Eastern part of the Free State. Farming in the area includes maize, sunflower, wheat, milk and livestock.

Kroonstad is the third largest city in the Free State, which is approximately 2 hours from Gauteng. It is an important railway junction on the main line from Cape Town to Johannesburg. Kroonstad has a predominantly agricultural orientated economy served by a modern toll road.

Refer to the below locality map.

1. Seven (7) of the grazing farms in extent of approximately 1 642 hectares are positioned between Senekal and Ventersburg, approximately 20 km from Senekal.

2. Two (2) farms are positioned approximately 24 km from Kroonstad towards Ventersburg.

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PICTURE 9 FARMS, KROONSTAD / SENEKAL, FREE STATE 1318GALLERY Old North Coast Road, Avoca

Pictures of the Senekal Farm – Lissabon Farm

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9 FARMS, KROONSTAD / SENEKAL, PICTURE FREE STATE 1318GALLERY Old North Coast Road, Avoca (Continued)

Pictures of the Senekal Farm – Erfstuk & Vaalbank Farms

9 FARMS, KROONSTAD / SENEKAL, PICTURE FREE STATE 9 FARMS, KROONSTAD / SENEKAL,

PICTURE FREE STATE GALLERY (Continued)

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PICTURE 9 FARMS, KROONSTAD / SENEKAL, FREE STATE 1318GALLERY Old North Coast Road, Avoca (Continued)

Pictures of the Kroonstad Farm – Smaldeel Farm

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PICTURE 9 FARMS, KROONSTAD / SENEKAL, FREE STATE 1318GALLERY Old North Coast Road, Avoca (Continued)

Pictures of the Kroonstad Farm – Kleinhansrust Farm

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9 FARMS, KROONSTAD / SENEKAL, ADDITIONAL FREE STATE 1318INFORMATION Old North Coast Road, Avoca

Primary use

The 7 Senekal grazing farms with a total extent of approximately 1 642 Hectares are situated between Senekal and Ventersburg, approximately 20km from Senekal.

Senekal

Farms 1 & 2 are made up of Portion 1 of the Farm Vaalbank No. 203 and Farm Erkstuk No. 695 with a total extent of 675, 0873 hectares. These farms have good sweet grazing and are perfect for a game farm. These farms are approximately 4km from the Allemanskraal Dam East Gate. Sand River runs through the farm.

Farms 3 to 7 are made up of Farm Lissabon No. 874, The Remaining Extent of Farm Di Groot Spruit No. 296, Farm Tweede Deel No. 1070, Farm Smaldeed No. 1400 and Portion 6 of the Farm Ongegund No. 143 with a total extent of 967, 7805 Hectares. These farms have good sweet grazing and comprises of a milking parlour and a homestead.

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9 FARMS, KROONSTAD / SENEKAL, ADDITIONAL FREE STATE 1318INFORMATION Old North Coast Road, Avoca (Continued)

Kroonstad

Farm 8 comprises of Farm Smaldeel No. 202 in extent of 488,2113 Hectares and is situated approximately 24km from Kroonstad towards Ventersburg. The farm has 108 Hectares of grazing and a further 350 Hectares of arable land.

Farm 9 comprises of Portion 1 of the Farm Kleinhansrust No. 2043 in extent of 326, 5018 Hectares and is situated approximately 20km from Kroonstad towards Ventersburg. The farm has 200 Hectares of excellent arable land with the balance being red grass grazing.

All farms have abundance of water. All of the farms are not subject to any land claims.

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9 FARMS, KROONSTAD / SENEKAL, ADDITIONAL FREE STATE 1318INFORMATION Old North Coast Road, Avoca (Continued)

Lease Details

Kroonstad: (The Farm Smaldeel No. 202 & Portion 1 of The Farm Kleinhansrust No. 2043 As per the Sellers advices these properties are currently leased out and the lease expires on the 01/09/2017.

Senekal: (7 x Farms) As per the Sellers advices these properties are currently let out on a month to month basis.

All of the above information was verbally provided by the Seller. In2assets cannot verify the accuracy/correctness of this information. It is the responsibility of the Purchaser to conduct his own due diligence prior to purchasing the property.

Expenses

Senekal: Portion 1 of the Farm Vaalbank No. 203 - The assessment rates for the year 2016/2017 amounts to R 1 465.20, which equates to a monthly figure of R 122.10.

Portion 6 of the Farm Ongegund No. 143 - The assessment rates for the year 2016/2017 amounts to R 613.80, which equates to a monthly figure of R 51.15.

Municipality only provided us with rates figures of the 2 properties. We are unable to establish whether the balance of the 5 farms are ratable or not.

Kroonstad: The Farm Smaldeel No. 202 - The assessment rates for the year 2016/2017 amounts to R 2 398.44, which equates to a monthly figure of R 199.87.

Portion 1 of the Farm Kleinhansrust No. 2043 - The assessment rates for the year 2016/2017 amounts to R 1 725.72, which equates to a monthly figure of R 143.81.

Vat Status

Maria Emmerentia Schutte - The Seller is Vat Registered.

Lonel Boerdery CC – The Seller is Vat Registered.

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9 FARMS, KROONSTAD / SENEKAL, TERMS & FREE STATE 1318CONDITIONS Old North Coast Road, Avoca

If you are the successful bidder kindly note the following:

• 5% deposit payable by the Purchaser on the fall of the hammer • 5% Auctioneers Commission payable by the Purchaser on the fall of the hammer • Confirmation period – 02 May 2017 @ 17h00 • 45 Day Guarantee Period • Possession on Registration of Transfer • Electrical Certificate for the Sellers account

Kindly note for EFT & Cheque payments, the following applies:

Cheques need to be made out to In2assets Properties (Pty) Ltd

EFT Payments, our trust account banking details are as follows:

Bank : Standard Bank Account Name : In2assets Properties (Pty) Ltd Account No. : 050022032 Branch Name : Kingsmead Branch code : 040026

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9 FARMS, KROONSTAD / SENEKAL, SG DIAGRAMS FREE STATE

1318 Old North Coast Road, Avoca

Portion 1 of The Farm Vaalbank No. 203

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9 FARMS, KROONSTAD / SENEKAL, SG DIAGRAMS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

Portion 6 of The Farm Ongegund No. 143

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9 FARMS, KROONSTAD / SENEKAL, SG DIAGRAMS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

The Farm Erfstuk No. 695

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9 FARMS, KROONSTAD / SENEKAL, SG DIAGRAMS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

The Farm Lissabon No. 874

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9 FARMS, KROONSTAD / SENEKAL, SG DIAGRAMS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

The Farm Smaldeel No. 1400

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9 FARMS, KROONSTAD / SENEKAL, SG DIAGRAMS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

The Farm Tweede Deel No. 1070

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9 FARMS, KROONSTAD / SENEKAL, SG DIAGRAMS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

The Farm Tweede Deel No. 1070

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9 FARMS, KROONSTAD / SENEKAL, SG DIAGRAMS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

The Remainder of The Farm Di Groot Spruit No. 296

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9 FARMS, KROONSTAD / SENEKAL, SG DIAGRAMS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

Portion 1 of The Farm Kleinhansrust No. 2043

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9 FARMS, KROONSTAD / SENEKAL, SG DIAGRAMS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

The Farm Smaldeel No. 202

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9 FARMS, KROONSTAD / SENEKAL, SG DIAGRAMS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

The Farm Smaldeel No. 202

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9 FARMS, KROONSTAD / SENEKAL, SG DIAGRAMS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

The Farm Smaldeel No. 202

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9 FARMS, KROONSTAD / SENEKAL, SG DIAGRAMS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

The Farm Smaldeel No. 202

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9 FARMS, KROONSTAD / SENEKAL, TITLE DEEDS FREE STATE

1318 Old North Coast Road, Avoca

Maria Emmerentia Schutte

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9 FARMS, KROONSTAD / SENEKAL, TITLE DEEDS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

Maria Emmerentia Schutte

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9 FARMS, KROONSTAD / SENEKAL, TITLE DEEDS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

Maria Emmerentia Schutte

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9 FARMS, KROONSTAD / SENEKAL, TITLE DEEDS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

Maria Emmerentia Schutte

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9 FARMS, KROONSTAD / SENEKAL, TITLE DEEDS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

Maria Emmerentia Schutte

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9 FARMS, KROONSTAD / SENEKAL, TITLE DEEDS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

Maria Emmerentia Schutte

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9 FARMS, KROONSTAD / SENEKAL, TITLE DEEDS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

Maria Emmerentia Schutte

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9 FARMS, KROONSTAD / SENEKAL, TITLE DEEDS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

Maria Emmerentia Schutte

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9 FARMS, KROONSTAD / SENEKAL, TITLE DEEDS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

Lonel Boerdery CC

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9 FARMS, KROONSTAD / SENEKAL, TITLE DEEDS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

Lonel Boerdery CC

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9 FARMS, KROONSTAD / SENEKAL, TITLE DEEDS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

Lonel Boerdery CC

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9 FARMS, KROONSTAD / SENEKAL, TITLE DEEDS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

Lonel Boerdery CC

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9 FARMS, KROONSTAD / SENEKAL, TITLE DEEDS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

Lonel Boerdery CC

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9 FARMS, KROONSTAD / SENEKAL, TITLE DEEDS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

Lonel Boerdery CC

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9 FARMS, KROONSTAD / SENEKAL, TITLE DEEDS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

Lonel Boerdery CC

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9 FARMS, KROONSTAD / SENEKAL, TITLE DEEDS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

Lonel Boerdery CC

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9 FARMS, KROONSTAD / SENEKAL, LAND CLAIMS FREE STATE

1318 Old North Coast Road, Avoca

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9 FARMS, KROONSTAD / SENEKAL, LAND CLAIMS FREE STATE (Continued) 1318 Old North Coast Road, Avoca

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9 FARMS, KROONSTAD / SENEKAL, ZONING FREE STATE 1318CERTIFICATE Old North Coast Road, Avoca

Portion 1 of The Farm Kleinhansrust No. 2043

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9 FARMS, KROONSTAD / SENEKAL, ZONING FREE STATE 1318CERTIFICATE Old North Coast Road, Avoca (Continued)

Portion 1 of The Farm Kleinhansrust No. 2043

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9 FARMS, KROONSTAD / SENEKAL, ZONING FREE STATE 1318CERTIFICATE Old North Coast Road, Avoca (Continued)

The Farm Smaldeel No. 202

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9 FARMS, KROONSTAD / SENEKAL, ZONING FREE STATE 1318CERTIFICATE Old North Coast Road, Avoca (Continued)

The Farm Smaldeel No. 202

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1318 Old North Coast Road, Avoca

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1318 Old North Coast Road, Avoca

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