Farm 485 "RIETFONTEIN", Portion 136, North West, South Africa
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Auction
- South Africa
- Mixed Use
- Residential
Invited Opening Bid R5 000 000
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Property Summary
- This sale is Subject to Confirmation by the parties involved
- Please ensure that you familiarise yourself with the Conditions of Sale, Rules of Auction, and all other legal documentation available under the "Legals" tab below. By registering and placing a bid, you acknowledge that you have read and understood these documents and agree to be bound by their terms and conditions.
- The Purchaser is required to acquaint themselves with the property and all matters related thereto, including but not limited to its condition, location, and any improvements thereon.
- Farm 485 "RIETFONTEIN", Portion 136, North West
- ERF Size: 8.5Ha
- Rates: Approx R6 705pm
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Property description
An exceptional opportunity to acquire one of Hartbeespoort's most iconic lifestyle and entertainment properties. Situated on approximately 8.5 hectares just 2.5 km from the town centre, this unique asset offers an outstanding combination of existing infrastructure and future development potential.
Property Features
- Open-air amphitheatre with seating for approximately 4,000 guests
- The iconic Blues Pub & Restaurant, currently not operating, ready for refurbishment and reopening
- Professional recording studio
- Gym facilities
- Landscaped gardens with an operational fountain dam
- Full irrigation system
- 5 boreholes providing an excellent water supply
Accommodation
- Main residence with 3 bedrooms
- Second 2-bedroom home
- 8 guest rooms, each with its own shower facilities
Investment Highlights
- Prime location in the Hartbeespoort tourism corridor
- ±8.5 hectares of land
- Extensive existing infrastructure
- Significant redevelopment and expansion potential
- Ideal for hospitality, tourism, events, wellness, residential or mixed-use development
Location
Rietfontein AH is a popular agricultural holding and rural residential area situated just east of the Hartbeespoort Dam. Known for its scenic Magaliesberg mountain views.
Hartbeespoort is a South African resort town north of Johannesburg. It’s known for the Hartbeespoort Dam and the whitewater rapids of the Crocodile River.
Accommodation
Main house - Three bedrooms
Second house - Two bedrooms
8 x guest rooms
Additional Details
A 10% deposit and 5% auctioneers fee (plus VAT on fee) is due and payable by the highest bidder once bidding has closed. See Legal tab for Special Conditions.
Please note: All legal documents can be viewed by clicking on the ‘Legals’ tab above, in order for you to carry out due diligence in relation to the property. By doing so, this will also ensure that you are continuously updated regarding any pricing changes on the property prior to auction.
VAT
Additional Information
The purchaser is required to provide all Certificates of Compliance.
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*Terms & Conditions
No information, statement, description, quantity or measurement contained in any sales particulars or given orally or contained in any webpage, brochure, catalogue, email, letter, report, docket or hand out issued by or on behalf of BidX1 or the vendor in respect of the property shall constitute a representation or a condition or a warranty on behalf of BidX1 or the vendor. Any information, statement, description, quantity or measurement so given or contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor are for illustration purposes only and are not to be taken as matters of fact. Any mistake, omission, inaccuracy or mis-description given orally or contained in any sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor shall not give rise to any right of action, claim, entitlement or compensation against BidX1 or the vendor. All bidders must satisfy themselves by carrying out their own independent due diligence, inspections or otherwise as to the correctness of any and all of the information, statements, descriptions, quantity or measurements contained in any such sales particulars, webpage, brochure, catalogue, email, letter, report or hand out issued by or on behalf of BidX1 or the vendor.
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As this sale is subject to confirmation, we will be in touch within the confirmation period to let you know if your bid has been accepted by the vendor.
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