Auction Items For Sale
Less than 1 mile south of Yellowhead Highway 16 and only 1.5 miles south of Vegreville, Alberta you find ‘The Southern Eighty’. One half a quarter section of wide-open farmland just the right distance from a major divided highway to avoid noise and Alberta Infrastructure restrictions. A completely wide open eighty acres that are currently farmed corner to corner.
Country living is possible in the shadows of major urban amenities, just minutes away. If you're an investor tired of significant stock market swings relating to a virus in China or Saudi oil production, this parcel will be of interest to you. Leave your roller coaster rides in Disneyland and invest in this prime Western Canadian farmland. They don't make it anymore. Rent it out or crop it - either way, appreciation works for you 24/7 and is never late. Average annual appreciation rates for farmland for the past several years in Alberta has been well more than borrowing rates. Take advantage of the spread. Unlike ‘build to suit’ commercial or industrial buildings, liquidity with farmland is never an issue. COVID-19 has given the world an entirely new appreciation for food and where it comes from.
If you’re a farmer in the Vegreville area, take advantage of the assemblage ‘The Southern Eighty’ offers. Higher utilization of equipment means a better Balance Sheet at the end of the day.
The high bidder on ‘The Southern Eighty’ will be entitled to receive a $20,000.00 credit to be applied to the purchase price of ‘Urban Farmer’ in the event the high bidder of ‘The Southern Eighty’ is also the high bidder on ‘Urban Farmer’. Such credit is not assignable and both purchases must close in the name of the high bidder. In the event the credit is used and the ‘Urban Farmer’ parcel is transferred to a third party within 1 year of closing, the high bidder agrees to repay the credit to the Seller.
‘The Southern Eighty’ is being offered for sale by way of online electronic tender by CLHbid.com. Check the website for updates from time to time. The high bidder will take possession after the 2020 crop is off.