Surkan Farms Ltd. Land Auction
SURKAN FARMS LTD. LAND AUCTION
PENHOLD, AB
NO BUYERS PREMIUM
OPENS SUNDAY APRIL 6, 2025 AT 9AM
STARTS TO CLOSE TUESDAY APRIL 8, 2025 AT 12PM
Call Tyler Rosehill with questions and viewing options at 403-507-1782.
Directions: From the Penhold Regional Multiplex on Hwy 42 in Penhold, AB, go south on Waskasoo Ave for 2kms (1.5mi). West and east side of road. Blue sign number:
Legal Descriptions:
Lot 1: Plan 1321736 Block 1 Lot 1 – 39.14 acres
Lot 2: SW-30-36-27-W4M – 120.86 acres
Lot 3: SE-25-36-28-W4M – 155.01 acres
Lot 4: Plan: 1321981 Block: 1 Lot: 1 – 4.99 acres
This land sale consists of 2 quarters of cultivated farmland as well as 2 acreages that are all together and located on the south edge of Penhold, AB. Lot 1 comprises of almost 40 acres subdivided out of the home quarter which is developed with homes, shops, corrals, full services, and more. Lot 2 is the remainder of the home quarter which is 120.86 acres of farmland of which approximately 105 acres are arable as well as great access and oil revenue. Lot 3 is 155 acres which approximately 125 acres are arable which is fenced and has great access. Lot 4 is subdivided out of lot 3 and consists of 4.99 acres of which are bare and un serviced. This is awesome farmland with great access; these parcels also offer mountain views. This land is all located within the QE2 corridor and only a 2 minute drive to the amenities of Penhold, AB and a 10 minute drive to Red Deer, AB. This is an excellent opportunity to own much sought after farmland as well as acreages that offer both established home yard as well as an amazing building spot which are all located within the beautiful heart of Central Alberta.
2024 Oil Revenue: $5,114.00 – (Lot 2-SW of 30)
2024 Taxes:Lot 1 – $2,308.63
Lot 2 – $414.69
Lot 3 – $312.87
Lot 4 – $25.00
TERMS AND CONDITIONS
A deposit of 10% of the final bid payable to Rosehill Auction Service Ltd. will be required at the time of the auction. The balance is due on or before May 8, 2025. If the offer is not accepted by the owner the deposit will be returned to the purchaser. If the purchaser fails to meet the terms of the contract the deposit will be forfeited as liquidated damages. The final bid will be subject to the approval of the vendor.