"RIVERLAND" A VERY UNIQUE OPPORTUNITY AWAITS AN ENTREPRENEUR

R 23,250,000

Can I afford this?
13 days ago29 views
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General Details
For Sale By:Agency
Description
As the distant clouds roll in from over the horizon riding on the South Easterly Summer Breaze, the day fades to night as the sun sets gently igniting the sky and mountains into tangerine shades of orange.   This was the scene set when i first visited this beautiful 23-hectare riverside farm between Paarl and Franschhoek.
The farm has a large old homestead that is in need of renovation, a very large double volume barn and old staff cottages that can be creatively renovated into income generating cottages.   There are 5,9 hectares of Shiraz, (Rootstock Richter 99) under drip irrigation and with a number of mature citrus trees.  The flat fertile terroir is perfect for equestrian activities, golf driving range or any agricultural activity.    Creative and entrepreneurial - this is your new place on earth.
There are no claims on the land and no permanent staff attached to this perfect property.  Please Whatsapp me to view.  Our tenant has horses and large ferocious dogs that need to be secured before gates are opened.

Property Reference #: 7002001-43920

Agent Details:
DEBBRA-LYN Van Niekerk
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274204060
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Estimated monthly repaymentR 251,962
Total property loan amountR 23,250,000
Total interestR 37,220,855
Total repaymentR 60,470,855
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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EXP Realty
Selling for 2+ years
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