PAARL: Farm for sale

R 14,000,000

Can I afford this?
1 year ago1103 views
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General Details
For Sale By:Agency
Description
The farm (16.6728 ha) is situated between Wellington and Paarl off the R45 and bordering the Berg River. The farm overlooks the Paarl Mountains with its unsurpassed valley views.

The Farm has been planted with 3.9 ha Guavas and 8.439 ha is used to plant sweet potatoes.

Farm buildings consist of 1 x 4- bedroom main house (283m²), double garage with store rooms, a shed (842m²) and 8 laborer houses. All buildings are well maintained and in good repair.

Farm has registered water rights from the Berg River of 5 000 m³ per hectare in respect of 15 ha for irrigation purposes.

Water tank (5 000 liter) and bore-hole with a pump for residential use.

Average rainfall is 400 mm per annum

3 Phase electricity is supplied by Drakenstein Municipality.

All implements and equipment are excluded in the price.

Seller is not VAT registered.

Shareholding in the Company, which owns the farm property is for sale

Property Reference #: CL396

Agent Details:
Quinten Somers
Agrisell PTY Ltd
9A Kerk Street
Piketberg
7320

Id Subtitle 1168679942
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Estimated monthly repaymentR 151,719
Total property loan amountR 14,000,000
Total interestR 22,412,558
Total repaymentR 36,412,558
Interest rate at 11.75% for 20 years *
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Agrisell PTY Ltd
Selling for 6+ years
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