542 Ha Farm Lady Grey, Eastern Cape

R 8,800,000

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General Details
For Sale By:Agency
Description
This beautiful farm, located approximately 20 km from Lady Grey and 45 km from Aliwal North, is ideal for intensive sheep, cattle farming and planting of cash crops. It is located en route to coastal areas and various tourist attractions in the Eastern Cape.

PASTURE AND FARMING
Approximately 422 ha of grassland pasture, divided into 13 camps
Most camps have drinking troughs, the others have ground dams.
Good fencing with 1.2 m internal and boundary wires (the boundary wire on one side of the farm is a 2.4m game fence)
6 ha/LSU , but carrying capacity is increased considerably by the irrigation.
70 ha dry lands
Approximately 50 ha under irrigation, of which 38 ha under Centre Pivots, 5 ha under Permasets and 7 ha Draglines
Centre Pivots: 8 ha Agrico 3-tower, 8 ha Agrico 2-tower and 8 ha Senter 360 2-tower
Water is supplied by KSB 50/200 centrifugal pump with 18.5 KW Motor
7 ha Agrico 2 Tower movable Pivot and 7 ha Draglines
Water is supplied by new KSB 65/200 centrifugal pump with 22 KW Motor
5 ha Permasets with 5.5 KW Motor
Irrigation is divided into 20 camps
Dry lands are divided into 10 veld camps. An additional 8 ha can still be irrigated.

WATER
2 Boreholes, 1 equipped with a submersible pump and 1 not equipped
8 Ground dams, 2 of which are very large for irrigation
Annual rainfall of approximately 700 mm

INFRASTRUCTURE:
280 m2 shed, used for shearing
320 m2 Milking Parlor
340 m2 Milk barn / outbuilding with 2 cold rooms
100 m2 Shed for implements
180 m2 Feed and lamb shelter

MAIN HOUSE
440 m2 With 5 large bedrooms, 3 bathrooms, living area with indoor braai, dining room, kitchen and large porch with built-in braai
Swimming pool with lapa which is securely fenced
Double garage of 70m2 and outside/storage room/office of 45m2
The yard is neatly fenced with an electric gate at the entrance
Anti-theft on all windows as well as alarm system

GUEST HOUSE
140 m2 with 3 bedrooms, 2 bathrooms, living room with fireplace, kitchen and indoor braai
Carports for vehicles
Alarm system
The yard is neatly fenced

WORKERS' HOMES
4 Houses with prepaid power meters

ELECTRICITY
Eskom power with 2 x Transformers, 1 X 25 Kva and 1 x 50 kVA


ADDITIONAL INFORMATION
Various implements and loose assets available for purchase at market related prices
No staff with permanent residency
No land claims
Far from informal settlements
If applicable Value Added Tax may be charged on this transaction.

R8 800 000 plus VAT


Beautiful Eastern Cape farm
Water rich
Very good infrastructure
Irrigation improves livestock unit

Property Reference #: 303

Agent Details:
Izmey Nel
The Farm Agent
32 Ficksburg straat,Wierda Park,Centurion

Id Subtitle 1247125257
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Estimated monthly repaymentR 95,367
Total property loan amountR 8,800,000
Total interestR 14,087,894
Total repaymentR 22,887,894
Interest rate at 11.75% for 20 years *
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