Own a Farm with Residential Development or Tourism potential

R 24,212,000

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5 months ago372 views
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General Details
For Sale By:Agency
Description
Property Description:
Farm 1257, portion 2 of 282, to the extent of 454.9513ha
AND
Erf 11965, to the extent of 1157m2, consisting of various brick structures such as storerooms of approximately 780m2.
AND
Erf 11966, a 34ha piece of land comprising a 3-bedroom Farm Manager House, and 3 x Staff Houses of approximately 60m2 each with 2 x 2 bedrooms, and 1 x 3 bedrooms, bathroom, and kitchen/living area, a new steel-structured 905m2 store, and 13 registered plots of approximately 256m2 each which can be developed as part of an exclusive residential estate or retirement village. This land is ideally suited for the development of an exclusive Country Style Residential Estate or Retirement Village.
All the buildings are in a well-maintained condition.
Location:
The property is situated 5km from Saldanha, 9 km from Vredenburg, and 7 km from Jacobs Bay, on a high-lying area with a level sloping topography. Large portions of the farm offer good distant sea views of Saldanha Bay. It offers 440ha of dry land and 15ha of wasteland. Dry lands have a medium potential for wheat production at approximately 2.5 t/ha. The main soil type is sandy/loam soil. It is situated in a winter rainfall area with an average rainfall of ±300mm p.a. Insufficient winter rains are the main production risk of the area.
The farm has a municipal water connection for household and livestock use. It has 10 almost equal-sized camps with their own water troughs for animals.
The farm is serviced by ESKOM electricity and provides 3-phase power. It also has a Solar Panel installation with a 17-kW capacity and a 65-kW capacity generator as a backup.
A servitude on the southern perimeter of the property, accommodates access to a property owned by PPC Cement, from R399 to get to the Saldanha Bay Ports Terminal. There are also Clay mining mineral rights, registered on a 100ha piece of land which belongs to a previous owner.
The property is sold as a going concern, and the advertised price includes VAT.

Property Reference #: CL627

Agent Details:
Johan Duvenage
Agrisell PTY Ltd
9A Kerk Street
Piketberg
7320

Id Subtitle 1245514308
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Estimated monthly repaymentR 262,388
Total property loan amountR 24,212,000
Total interestR 38,760,917
Total repaymentR 62,972,917
Interest rate at 11.75% for 20 years *
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Agrisell PTY Ltd
Selling for 6+ years
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