Boutique Olive Estate farm for sale in Barrydale(538)

R 7,950,000

Can I afford this?
1 year ago751 views
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Description

Position, position, position!


Available under Exclusive Sole Mandate b the Farming Specialists.


This unique opportunity is the chance of a life-time! Situated close enough, but away from the very popular Route 62 with Eco Tourism potential. Merton Olives have their own label, a fully operational Olive farm with expansion potential.


Situated at the edge of the very popular country town, Barrydale, you will find this treasure.

A river runs through the property and the owner has pumping rights out of the river. Because of its position, the river and the setting, this small holding has potential as a very popular Tourist Destination.


The beautiful, well built, three-bedroom, farm-style, main dwelling is strategically positioned amongst the Olive trees. An inviting sun-deck is built over the dam with lots of birdlife, entertainment made easy and the view is for free!


Two 2-bedroom cottages are currently rented out permanently to two very good paying Tenants. These cottages can be upgraded for Eco Tourism, if so required? Also, this small holding allows itself to be sub-divided for future development. Other outbuildings consist of staff quarters, a garage and sheep handling facilities.


Farming activities consist of more than 3Ha of Olive trees and another 7Ha can be developed for grazing your sheep. This versatile farm can be a flourishing money-making entity if that is your goal or it can be the “hobby farmer’s” dream, seeing that the operational time for farming Olives is only 4 months a year. Olive Oil and Table Olives are in full production. A fully equipped Olive processing plant with holding tanks and an operational Oliogmia Olive Press, (capable of 30Kg/hour,) is part of the deal. You add your own Label to it and start earning bigtime!


A Diesel pump, in need of attention, can pump the water from the river into one of the two manmade earth dams. The farm has an allocation of 22 hours/month water rights allocated to it. The strong borehole is equipped with a three-phase submersible pump and to change that to a solar pump, will just increase your profit margins dramatically. If financial rewards are your goal, there are ample opportunities here! With so much water and fertile soil, you can plant to your heart’s desire! The next-door neighbour successfully does seed production.


As a going concern, the farm comes with the necessary farming equipment like a tractor, Bushwhacker, plough, cultivator, harrow, and an extra water pump running off the P.T.O. of the tractor and other necessary implements. Equipment needed in the day to day running of the farm, are included in the sale.


This farm can be transferred as an uninhabited entity with no people living on it. No land claims and no life rights.


If you miss out on this one, you will kick yourself. This surprise packet is available for the investor with a vision!


Phone for an appointment!


(Excl. VAT at 0%, sold as G.C.)

Id Subtitle 1136197268
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Estimated monthly repaymentR 86,155
Total property loan amountR 7,950,000
Total interestR 12,727,131
Total repaymentR 20,677,131
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Dries Barnard Properties
Selling for 13+ years
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