126Ha Farm For Sale in Lusthof

LUCRATIVE INVESTMENT OPPORTUNITY - 128 HECTARE FERTILE AGRICULTURAL LAND AND DEVELOPMENT PROPERTY IN RAPPIDLY EXPANDING AREA AT HAMMANSKRAAL

128 Hectare - lucrative dual purpose investment opportunity. Ideal for both agriculture or high-density housing.

Fertile agricultural land also ideal for development of high-density housing in the rapidly expanding area adjacent to Hammanskraal where there is a huge demand for additional housing.

Water rights from the Apies River.

****** Option of a reduction in sales price - should purchaser not require the centre pivots systems currently installed and in use on the farm.

DETAILED INFORMATION:

• Eskom – 300 KVA
• 3 Bedroom homestead with rondavel (plus incomplete flatlet)
• Well-built shed (70m x 15m) with 3 phase electricity
• Farm shop
• 4 Assistant’s houses
• Further outbuildings
• Various pump stations:

- 30 kw river pump station pumps 150 cubic meter of water from Apies river to large holding dam, that stores enough water for 10 days of use.

- 55 kw dam pump (150 to 180 cubic meter per hour)

- 15 kw dam pump (65 cubic meter per hour)


• 4 Centre pivot systems in use:

- 5 Tower pivot (22.50 hectare) crop rotation – wheat/soya/mealies etc;

- 4 Tower pivot (16 hectare) – established lucerne (planted in Sept 2020) – with expected lifespan of 5 to 6 years;

- 3 Tower pivot (9 hectare) – established lucerne (planted in Sept 2020) – with expected lifespan of 5 to 6 years;

- 3 Tower pivot (6.50 hectare) – established lucerne (planted in Sept 2022) – with expected lifespan of 5 to 6 years.

• Crops planted using crop rotation method, yield 2 crops per year with a long-term average of:

- Wheat (6.5 ton)
- Soya (4.5 ton)
- Mealies (12 ton)
- Sugar beans (3 ton)
- Cotton (6 ton)
- Potatoes (40 ton)

Established lucerne yields:

- Approximately 9 to 10 cuttings per year – dependant on the weather
- Average of 900 to 1 000 bales per hectare per year (i.e. 22 to 25 ton lucerne per hectare)
- Established annual lucerne yield of farm is 31 000 bales.
- Price per bale is R60 (summer) to R100 (winter) per 22 to 25 kg bale.


Kindly contact agents for an appointment.

Property Reference #: 5730367

Agent Details:
Alett Nel
CLE Properties
12 Duffton Way
Aston Manor
Kempton Park