483 ha AGRICULTURAL FARM | LAND BANK PROPERTY ONLINE AUCTION
Farm Mimosa 407 presents an exceptional agricultural investment opportunity in the heart of the Free State’s renowned Eastern maize and grain belt. Situated approximately 13 kilometres south-east of Senekal, this substantial 483 – hectare farming property is being auctioned by Tirhani Auctioneers on behalf of Land Bank via online auction.
Please view Lot 1 (https://bid.tirhani.co.za/ui/auctions/133183) for further information as well as the property information pack available in the documents section.
Viewing and Auction Schedule | |
Viewing Days |
Monday 17 August – Sunday 23 August 2026 |
Viewing Times |
09h00 – 16h00 |
Viewing Address |
Farm Mimosa 407, District Senekal,
Setsotso NU, Free State |
GPS Coordinates |
-28.419129, 27.67323 |
Auction Opens |
Friday 21 August 2026 | @11h00 |
Auction Closes |
Tuesday 25 August 2026 | from 11h00 |
Lot Closing Speed | Staggered Lot 1 lot per minute from 11h00 (+ 2-minute auto-extend) |
REGISTRATION & FICA REQUIREMENTS
- Register on the bidding platform by clicking Register & Bid Online on the auction listing.
- You will receive an auction registration email containing the Rules of Auction, the Bidder Participation Form, and instructions for uploading required documents to the Tirhani Auctioneers FICA Portal.
- Upload all registration documentation, proof of payment of the Auction Registration Fee and FICA documentation to the Tirhani Auctioneers FICA Portal for verification by 4 PM on Friday 21 August 2026.
- By signing the Rules of Auction, you agree to all general and specific auction rules. These rules are non-negotiable.
The Rules of Auction & Bidder Participation Form document is in fillable .pdf format:
- Fill in and sign the form using a PDF viewer or editor.
- Save it to your device.
- Upload the saved document from your device to the target website or platform.
REGISTRATION FEE/DEPOSIT:
•R10 000 - this is a refundable registration deposit that is required to participate in this auction. Payment must be made via Electronic Funds Transfer (EFT) into the trust account stipulated in the Rules of Auction.
Successful bidder: the deposit will be applied as part payment towards the settlement of your invoice. Please refer to your invoice for confirmation.
Unsuccessful bidder, non-bidder, or unsuccessful registration: The deposit will be refunded to your nominated bank account within 5 (five) working days of the closure of the auction.
FICA DOCUMENTS:
• All FICA documents provided to Tirhani Auctioneers must also be provided to the Seller when collecting your asset(s).
• FICA documents to be provided as per Annexure A of the Rules of Auction and outlined in the FICA Requirement Document.
Notice to Buyers & Disclaimer | |
Auction Registration Fee |
R10 000 (refundable if no successful bids are made.
Refer to Rules of Auction for full T&C’s) |
Confirmation Period |
14 Business days confirmation period by the seller |
Deposit on Purchase Price |
10% payable by electronic transfer (EFT) |
Guarantees on Balance |
30 days from the date of acceptance.
Payable to the conveyancer on or before the guarantees date |
Buyer’s Commission/Premium |
5% (plus VAT) over & above the purchase price |
Outstanding Rates, Taxes, and Levies |
The purchaser is liable for and responsible for payment of all
municipal rates, levies, taxes and services accounts due in
respect of the property up to the Transfer Date
(OTP clause 9.1; Rules of Auction clause 17.2) |
Compliance Certificates (COCs) |
The purchaser is responsible for obtaining and paying for all
applicable COCs. |
Occupancy Notice |
The property is sold free of lease agreements.
However, a herdsman currently resides on the property.
Cattle belonging to the previous owner remain grazing on the farm.
Vacant occupation is not guaranteed.
The purchaser shall be responsible, after registration, for the
removal or eviction of any persons or animals remaining on the
property, at the purchaser’s own cost; the seller carries no liability
for related costs, damages or delays. |
Details in this listing reflect the seller's representations and TIRHANI's reasonable care.
Dimensions, specifications, and descriptions should be independently verified prior to purchase.
TIRHANI has not tested appliances or systems and makes no warranties regarding their condition. | |
INVOICE INFORMATION:
- Invoices are made out to buyers/purchasers who are registered bidders in terms of clauses D (1) (1.5 – 1.8) of the Rules of Auction.
- In terms of Clause D (4) (4.9) of the Rules of Auction, No changes to purchase statements will be allowed, and the splitting of invoices among buyers is prohibited. The registered bidder is responsible for the payment of the full invoice.
- The registered bidder will be required to complete the Offer to Purchase. No transfers or exchanges to another person /company name will be entertained.
- Should the buyer’s details on the signed Offer to Purchase not match those of the registered bidder, the sale may be cancelled.
- The OTP will only be presented to Land Bank once the 10% deposit and 5% (plus VAT) buyer’s commission has been paid in full into the specified Tirhani Auctioneers Trust Account.
Winning Multiple Lots:
If you win multiple lots, a single invoice will be issued for all successful bids. You may not select specific lots to claim individually.
Sold Subject to Confirmation (STC):
The lots will be sold subject to seller confirmation, regardless of the online bid amount.
HOW BIDDING WORKS
Reserve Price:
This auction operates 'With Reserve'. If you are the highest bidder but the reserve price is not met, the seller is not required to complete the sale. The auctioneer can accept lower bids as instructed by the seller.
The Auctioneer reserves their right to accept or refuse the bid of any bidder should they be unable to satisfy any of the above notices or the Rules of Auction and FICA requirements.
Tirhani Auctioneers may place bids during the auction to protect the reserve price, per section 45 (4) of the CPA.
EXTENDED BIDDING: This auction features EXTENDED BIDDING. Any lot with a bid within 1 minute of its scheduled closing time will remain open for bids past its normal close; it will go into extended bidding. Staggered Closing / Lot Closing Speed - 1 lots per 1 min.
MAX BIDDING: When you place your maximum bid, it will be placed at the reserve price if said max bid exceeds the reserve. If the Max Bid amount is below the reserve, the bid will be placed for the full amount. The 'System' will automatically bid against you at the set increment until the reserve is met, at which point the system will stop. If you are the highest bidder, the lot will be sold to you, unless another bidder outbids you.
TECHNICAL ISSUES: In the event there are technical difficulties related to the server, software, Internet or any other online auction-related technologies, Tirhani Auctioneers reserve the right to extend bidding, continue the bidding, or close the bidding. Neither the company providing the software nor Tirhani Auctioneers shall be held responsible for a missed bid or the failure of the software to function properly for any reason.
For more information on how our auctions work and documentation required, visit our FAQ or Information pages.
FOR MORE INFORMATION ABOUT THIS AUCTION CONTACT:
Theo Louw Property Queries |
083 946 0218 |
Nompumelelo Hlongwane Property Queries |
076 069 3472 |
Stacy-Lee Campbell Customer Liaison |
082 327 4580 |
Vutomi Jones Bidding System Queries & Support |
082 327 4578 |
Robyn Brown Invoicing Queries |
079 305 3809 |
To participate in this online auction, complete and submit all required documents by 4PM on the cut-off date on the Tirhani Auctioneers FICA Portal.
By signing the Rules of Auction and Bidder Participation Form, you the bidder/buyer consent and agree to be bound by the Auctioneers General and Specific Rules of Auction in addition to any other conditions specified by the Auctioneer or the Seller. These Rules of Auction are not negotiable, so if you do not agree with them do not register to bid on this auction.
This auction is 'With Reserve'. Although you may be the ‘High Bidder’ for a Lot, note that if the Reserve is not met, there is no commitment from the Seller to sell. Tirhani Auctioneers reserve the right to extend bidding, continue the bidding, or close the bidding. Control of the auction shall be entirely managed by the auctioneer, who has the sole right to regulate the bidding process and control the bid increments. The auction will be conducted per rising bid in South African Rands.
