Beautiful Multi Use Farm in Fouriesburg

R 13,000,000

Can I afford this?
3 months ago97 views
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General Details
For Sale By:Agency
Description
This advertised price is NOT based on current or future Business Opportunity value. This is purely based on farming activities but, for the future development business minded, the opportunities are immense.
Immediate farming is on about 590 HA grazing land and 150 HA arable land, plus at least another 50 ha arable land is available is to be reclaimed.
The LSU is about 3 to 4 in summer (150 to 200 large cattle) grazing, plus Feed Camps can be set up. No ticks or parasites due to High Altitude. Different types of grasses including Winter Grass, Red Grass, Blessings, Highveld, Star, Smuts Finger, African Potatoe and herbs on the mountain top.
The Farm is about 22 kms from Fouriesburg, say 30 minutes drive including gravel road and about 45 minutes from the lovely Tourist Town of Clarens.
Come view this very special property
Immediately available is a 350m under roof, 4 bedroom all en-suite home with lounge, dining room and very spacious kitchen, with a Gas and an Anthracite Stove.
There is a shed of some 260 m2, a workshop and garage parking of some 280 m2 (some of this can become conference facilities).
The Thatch Roof Restaurant still has most of its equipment and can easily seat up to 60 people, two Bars and a walk-in Cold Room and it can easily be made operative again.
We can discuss what was previously approved in Principle, such as 75 Residential Units (Imagine an Up-Market Retirement Village on 80 ha) and a Lodge on about 10 ha, as well as the increasing of the weir which will attract tourism.
The property is bordered on 3 sides by the Little Caledon River .. all year long is water supply guaranteed as well as 6 Springs on 200HA of the mountain. Water bottling potential from the pure Spring water.

Property Reference #: CL39

Agent Details:
Karin de Roubaix
Boupen Housing T/A Boupen
16 FIR Drive2nd floor Library CentreNorthcliff2195

Id Subtitle 1255859250
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Estimated monthly repaymentR 140,882
Total property loan amountR 13,000,000
Total interestR 20,811,661
Total repaymentR 33,811,661
Interest rate at 11.75% for 20 years *
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Boupen Housing T/A Boupen
Selling for 3+ months
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