INVEST IN A PROMISING FUTURE

R 13,700,000

Can I afford this?
1 year ago3241 views
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General Details
For Sale By:Agency
Description
Covering an area of 25,8 ha, this farm is situated on the outskirts of Paarl, a town that still reflects its timeless appeal in spite of rapid growth experienced over recent years.
With excellent accessibility and visibility, the property offers potential for a variety of purposes. The entire perimeter of the farm is enclosed with 1,8 meter electrified game fencing. The farm has been divided into 4 camps, each fenced off with similar wiring, but not electrified. Water drinking troughs for livestock are in each of the camps.
There are furthermore an earth dam for catching winter water as well as 2 cement dams for water storage. The main water sources on the farm are from 2 equipped boreholes with a total delivery capacity of 26 000 liters per hour. There is a third unequipped borehole of unknown capacity.
The main house has been divided into 2 rentable cottages, each with 2 bedrooms, 2 bathrooms, kitchen and living area. Further accommodation consists of a rentable 2 bedroom cottage with 1 bathroom, kitchenette and living area as well as a separate rentable open plan timber living unit with kitchenette and bathroom.
Other improvements are made up of 16 newly built garages of 7 x 3.5 meters each, offering rental space for boats, caravans, motorhomes, motorbikes and suchlike items. Additional rental facilities for bigger machinery, outdoor equipment and heavy duty implements exist in the form of an IBR steel roof structure ("IBR afdakke"). There are also rentable multi shade canopies ("skadu-afdakke").
Although there are 3 labourer cottages (one being in need of attention), no permanent labourers are attached to the farm.
The new owner could utilize the small and large thatched roof function venue buildings on the farm to generate income by renting it out for weddings, birthday parties, business meeting, etc. Three phase electricity is supplied by Eskom.
While the farm is accessed via a remote controlled gate, additional security exists in the form of CCTV cameras spread across the property.
The farm is well suited for those seeking a country life with potential for an income. A must see to appreciate and imagine the unlimited and incredible opportunities on offer here.
The seller is a VAT registered company. Should the purchaser wish to obtain any applicable certificates of compliance, it will be for his own account.
Price: R13 700 000,00 (VAT excluded)

Property Reference #: RL4269

Agent Details:
Jannie Fourie
Agrisell PTY Ltd
9A Kerk Street
Piketberg
7320

Id Subtitle 1133820120
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Estimated monthly repaymentR 148,468
Total property loan amountR 13,700,000
Total interestR 21,932,289
Total repaymentR 35,632,289
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Agrisell PTY Ltd
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