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Victor Farmland Rental Auction Event RM 185 (Closed #219438)

This Auction Uses Proxy Bidding.
Ended

FULL SECTION Grain Land For Rent RM of McLeod No 185

637 Acres

Details
  • Major Use Grain Land
  • RM Name RM of McLeod No 185
  • RM Number 185
  • Legal Descriptions Full SEC 35-19-8 w2
  • Lease Type Cash Rent
  • Desired Length of Lease 5
  • Lease Start Date Saturday, January 1, 2022
  • Total Land Area in Acre 637
  • Bins Included none
  • Outbuildings Included none
  • Nearest Town Neudorf SK
  • Directions see google map
  • Map URL https://www.google.com/maps/d/u/1/embed?mid=1JhMSFLOetJ_lpOSm94Z8Jj-0dFjSHQc1
  • Tags grain land for rent, RM of McLeod, RM 185

  • Lot # 01
  • System ID # 219858
  • End Date
  • Start Date
Description

 

RM    Legal desc Soil
Class
Cultivated Acres  
(As per seller)
2021 Assessment  
(acres adjusted)
Total
Acres
185 NW 35-19-8 W2  G 148 $224,000 158
185 NE 35-19-8 W2 G 154 $236,600 159
185 SW 35-19-8 W2 G 146 $212,500 160
185 SE 35-19-8 W2 F 147 $226,900 160
    Total 595 $900,000 637
    Average /160   149.5 $226060 159.25

 

Full section of land for rent, Good producing grain land, open field.  two miles south of Neudorf SK.
SAMA identifies 495 acres cultivated, but that was based on inspection in 1987. Seller has just had a contractor pushed bush weeds area for more than $32,000. Seller states that the land currently has 595 farmable acres.  Some of the gained acres need tillage. some of the gained areas needs  picking up stumps, roots  and stones. Land owner will burn all the bush piles and bury leftovers and stone piles before April 1st of 2023.  Winning bidder(or selected bidder) is to break and clean up the the gained acres before the first crop season.  Make sure these expenses are counted before you bid. Rent amount will be selected bidder's bid times 595 acres, In any year of the term, if any of these 595 acres can not be seeded due to wetness, these wet acres will be deducted from the rent for that year.

3 to 5 year term, selected bidder's choice. two payments , one in spring, one in fall.

Bid is per acre rental per year.  Annual rental will be winning bid times 595 acres.

Winning bidder will not necessarily be accepted as tenant. Subject to review & approval of Winning Bidder's Renter Profile

Terms and Conditions:

WARNING - PLEASE READ THIS CAREFULLY BEFORE BIDDING!

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You cannot change or remove bids once you submit them. Bidders should review the lot description as well as their bid amounts. However, higher bidders can change their Maximum Bid down to the current price of their lot.  

Questions & Answers
Q: I presume there is GST on the land rental? Gained acres approximately how many? Is there any dugouts suitable for filling a sprayer? Any extra fees or costs associated with the rental? posted by: CDC 11/9/2021 11:28 AM CTC