Farm for sale in Geelhoutboom AH, George Rural, George

R 52,450,000

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2 months ago193 views
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For Sale By:Agency
Description
This new to market picturesque farm, located in the highly fertile and sought-after Geelhoutboom agricultural area, sprawls over 110-hectares , with an incredible 1.4 kilometers of Wittels river frontage.

The land itself is a farmer's dream, suitable for cultivating any vegetable product with remarkable success. The owner to date has dedicated their efforts to growing broccoli and cauliflower, which thrive in the rich soil and also a bit of dairy farming. The farm is not limited to vegetable and dairy farming alone. There are eight spacious chicken coops, each covering 36 square meters that can comfortably accommodate approximately 400 chickens per cage. This offers an excellent opportunity for expansion into the poultry market.

To facilitate the farming operations, two center pivot irrigation system are included in the sale. Covering an impressive 56 hectares, this automated system ensures efficient and precise watering of crops, maximizing yields and minimizing water consumption. Furthermore, an additional 32 hectares benefits from natural irrigation, capitalizing on the farm's unique landscape and water features.

What makes this farm even more valuable is the water rights that are in place, allowing for the extraction of 85,000 cubic meters of water. With such abundant water resources, the possibilities for agricultural endeavors are endless.
A sense of community is fostered on the farm, with the presence of seven laborers' cottages that could house up to 14 people. This allows for the availability of a dedicated workforce, ensuring the smooth operation and management of the farm's various enterprises.

The farm is also equipped with essential utilities and infrastructure. Three-phase electrical power provides reliable electricity supply to meet the demands of the farming activities. Additionally, an 8-hectare crusher quarry presents a huge opportunity for revenue diversification, catering to local construction and infrastructure projects.

In summary, this remarkable 110-hectare farm in the geographically blessed Geelhoutboom agricultural area offers an abundance of possibilities for a passionate and ambitious farmer. With its stunning river frontage, ample water rights, versatile agricultural potential, advanced irrigation systems, poultry infrastructure, laborers' cottages, and supplementary revenue streams, this property is a true gem awaiting a visionary owner to continue its legacy of success and growth.

Property Reference #: 7002001-36741

Agent Details:
Deenie Martin
eXp Realty - Steven Johnstone Group
1 Apple Street
Kenilworth
Cape Town
7708
Id Subtitle 1261956042
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Estimated monthly repaymentR 568,405
Total property loan amountR 52,450,000
Total interestR 83,967,046
Total repaymentR 136,417,046
Interest rate at 11.75% for 20 years *
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eXp Realty - Steven Johnstone Group
Selling for 2+ years
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