Lifestyle and income generating Fish Farm

R 8,400,000

Can I afford this?
5 months ago350 views
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General Details
For Sale By:Agency
Description
An opportunity for success - this lifestyle small holding is currently a standard operating tilapia fish farm measuring just over 34ha of land. A less than 10-minute trip to the shops and schools in Port Alfred, it is situated off the R67 enroute Makhanda. There are 7 steel galvanized tunnels housing 20 000 tilapia fish fitted with secure water and filtration systems and supplementary water sources which include 2 boreholes, 2 reservoirs and 2 dams. Currently this aqua farm has a takeoff agreement with a multinational. There are three sets of separate buildings available.

The newly renovated farmhouse boasts:

3 bedrooms with built-in cupboards and tiled flooring
1 full bathroom and additional separate lavatory
Open plan kitchen and family area
Patio, courtyard and outside bathroom for convenience
2 single garages

An independent flatlet with two bedrooms, bathroom and lounge area for additional income or to accommodate extended family.

Three decent-sized log cabins each give:
Open planned living and kitchen area
1 bedroom
1 bathroom

Communal braai and swimming pool

These log cabins are adjacent the bass fishing dam.
All properties could be leased as holiday units or permanent residents.

A newly designed office block with its own ablution facilities that can be used as a work-from-home unit or can be made available for sustaining the aqua farming.

Electricity to this farm is provided by Eskom with the assistance of a three-phase generator. Furthermore, there are Burchell zebra and local impala included in the sale as well as two tractors and a ride on lawn mower.

Call Rochélle for further questions

Has Pool
Property Reference #: 5551062

Agent Details:
Mauneen Charter
Lew Geffen Sothebys International Realty
50 Masonic Street
Port Alfred
6170

Id Subtitle 1248551553
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Estimated monthly repaymentR 91,032
Total property loan amountR 8,400,000
Total interestR 13,447,535
Total repaymentR 21,847,535
Interest rate at 11.75% for 20 years *
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Lew Geffen Sothebys International Realty
Selling for 3+ years
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