1029 ha Memel grazing farm for sale

R 30,650,000

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General Details
For Sale By:Agency
Description
Sole Mandate

This beautiful 1029 ha Eastern Free State farm is located in one of the most sought-after farming areas in South Africa. Memel is in a high rainfall region, approximately 1,730 meters above sea level and is known as one of South Africa's best cattle farming regions.

ON OFFER
1029 ha Grazing farm with 200 ha of arable land of which 70 ha is currently established with eragrostis and smuts finger grass.

PASTURE
829 ha High quality natural grazing where good pasture management is applied. A livestock unit is 2 -2.5 ha. The pasture consists of flat plains as well as rolling hills that offer good sheltered summer and winter grazing. The pasture is divided into 17 grazing camps, each with access to earth dams. Only the camps near the homestead are provided with water troughs.
The fences are in good condition, erosion control is applied and there are no invasive plants such as “slangbos” and “katbos”.

PLANTED PASTURE
70 ha Is currently planted with eragrostis and smutfinger grass where sufficient bales are cut for supplementary fodder for livestock during wintertime.

ARABLE LAND
There are currently 200 ha of land but there is potential to increase it to 500 ha.
Currently, 70 ha of the arable land has been converted into planted pasture for livestock.
Soil type: Loam with ±18% clay content.
Minimum tillage is applied to fields.
The yield potential is between 7 and 10 tonnes of maize per hectare.
Crop rotation is mainly done with maize and soybeans.
Chemical supplements on the lands are done every 3 years.

WATER
6 Boreholes, 1 of which is equipped with a submersible pump.
A stream that flows through the property.
Various fountains.
17 Earth dams of which 1 large dam is registered.
There is also a second (above average size) unfinished dam (70% complete) which will provide an opportunity to do gravity irrigation.

INFRASTRUCTURE
2 Large sheds, one of which is equipped with a kitchen where livestock auctions are held.
Large open shed for tractors and equipment
Livestock handling facilities
Sheep pens
10 Horse stables
Several storage rooms
Residential property: A good 5-bedroom, 4-bathroom house with large spacious living rooms as well as several other outbuildings.

ADDITIONAL INFORMATION
3 Phase 25 kVA transformer
No movable assets are included in the marketing price.
No workers living on the property as well as any person with permanent residence.
No land claims
The seller is registered for VAT and if applicable VAT will be added to the advertised price.

Property Reference #: 305

Agent Details:
Philip Minnaar
The Farm Agent
32 Ficksburg straat,Wierda Park,Centurion

Id Subtitle 1270730443
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Estimated monthly repaymentR 332,157
Total property loan amountR 30,650,000
Total interestR 49,067,492
Total repaymentR 79,717,492
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