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GRAPE FARM IN THE UPINGTON REGION
R 150,000,000
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General Details
Location:
For Sale By:Agency
Description
Exquisite 1485 Ha farm in the Northern Cape on the southern bank of the Orange River.
Along the R359 en route to Kanoneiland Consisting of 19 title properties.
The farm is developed for export grapes, which include 116,13 Ha table grapes of which 41 Ha is covered with shade net and 48,19 Ha raisin grapes.
A large portion of the table grapes are covered with shade net.
425.9 ha water rights - currently, 168ha water rights are being used to irrigate existing vineyards. 257.9ha is unused and available for expansion.
Game area: approximately 800ha. divided into 2 camps. Neatly fenced. Wildlife includes zebras, gemsbok, and springbok and other wildlife species.
Great infrastructure with a main dwelling, 2 x managers houses, labourer's houses, outbuildings, packing shed, steel structures with cement floors, 2 pack stores, pump house, chemical shed, church, kindergarten and other facilities.
This is an unbelievable unit, and it is on offer as a going concern.
Has Pool
Property Reference #: RL5365
Agent Details:
Albie Loubser
Home and Hectare
43b 6th Avenue
Walmer
Port Elizabeth
Along the R359 en route to Kanoneiland Consisting of 19 title properties.
The farm is developed for export grapes, which include 116,13 Ha table grapes of which 41 Ha is covered with shade net and 48,19 Ha raisin grapes.
A large portion of the table grapes are covered with shade net.
425.9 ha water rights - currently, 168ha water rights are being used to irrigate existing vineyards. 257.9ha is unused and available for expansion.
Game area: approximately 800ha. divided into 2 camps. Neatly fenced. Wildlife includes zebras, gemsbok, and springbok and other wildlife species.
Great infrastructure with a main dwelling, 2 x managers houses, labourer's houses, outbuildings, packing shed, steel structures with cement floors, 2 pack stores, pump house, chemical shed, church, kindergarten and other facilities.
This is an unbelievable unit, and it is on offer as a going concern.
Has Pool
Property Reference #: RL5365
Agent Details:
Albie Loubser
Home and Hectare
43b 6th Avenue
Walmer
Port Elizabeth
Id Subtitle 1271780606
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Estimated monthly repaymentR 1,625,561
Total property loan amountR 150,000,000
Total interestR 240,134,543
Total repaymentR 390,134,543
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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