This specific property is an insolvent estate and a mandatory 10 % deposit must be presented alongside accepted offers or as per the request by the administrative appointed individual by the Master of the High Court upon acceptance of your offer.
Stilfontein (Afrikaans for quiet spring) is a mining town with 17,942 inhabitants, situated between Klerksdorp and Potchefstroom in North West Province of South Africa.
Stilfontein was established in 1949 as a residential centre for three large gold mines, the Hartebeesfontein, Buffelsfontein and Stilfontein mines.
Stilfontein was struck by a mining-related earthquake on 9 March 2005, which damaged buildings in the town, which was followed by the closure of the Hartebeesfontein and Buffelsfontein mines when the Stilfontein Gold Mining was handed over into liquidation. The Simmer and Jack Mines took over the mines but disaster struck again on 23 March 2006 when a fire trapped 8 miners underground at the Buffelsfontein mine.