Pineapple / Livestock farmer ready to Sell.

R 16,900,000

Can I afford this?
1 year ago539 views
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General Details
For Sale By:Agency
Description
Selling as a going concern.

Two farms adjacent to one another situated between Port Alfred and Bathurst off the R67 is on the market!

A total of 336ha (223ha + 112ha) used for Pineapple and Nguni (70) livestock farming.

The soil is of such condition that the total farm area can be used for Pineapple farming and soil is 4 degrees warmer in this area cutting down the cycle time to 21 months. Generally Pineapples are harvested twice every five years. The first harvest is at 26 to 30 months and the second harvest is 18 months later. The planting of pineapples is staggered to ensure the pineapples can be harvested for most of the year.
The Cultivar that is being produced is the smooth-leaf Cayenne Pineapple. Cayenne's larger size and higher juice content make it suitable for processing into juice and canned pineapple products. Around 4000 Tons of pineapples are produced per year.

The property enjoys a good annual rainfall, has 7 boreholes of which only 2 gets used and 2 dams.
There are also 2 reservoirs (60 000l) and water tanks for water use at the Farm house and Shed.

Farm house consist of Kitchen, 2 X Lounges, Dining area 3 bedrooms and bathrooms.Close to the farm house there is a small building with an Office, and Sewing room.

Electricity is from Eskom.

A small part of the farm is tenanted and used by Farm Security as their base which assists with security.

Asset register

Farm Equipment

VEHICLES
1 ISUZU 4 TON TRUCK
1 LANDINI GLOBAL FARM
2 LANDINI 8865
2 MF 440
1 MF 375 HARVESTER
1 MF 255
1 HYSTER

IMPLEMENTS
1 AARDVARK TRAILING DISC
1 CEILE ROTOVATOR
1 SIGMA MULCHER
7 PINEAPPLE TRAILERS
1 ROVIC + LEERS 5 TINE RIPPER
1 FALCON BUSHCUTTER
1 GRADER BLADE
1 GRADER BLADE
1 CONTOUR SHAPER BLADE
1 3 FURROW PLOW
1 GANTRY AND 2 HOISTS
1 INDUSTRIAL 3800 WELDER
1 INDUSTRIAL 3800 WELDER
1 150l COMPRESSOR
1 TREE PULLER
1 DAM SCOOP
1 SPRAY TANKER
1 WATER TANKER
1 RIDGER
2 PINEAPPLE PLANTERS

Some of the labor is outsourced and no employees live on the farm.


The Farm is VAT registered.
Financials available on request.

Property Reference #: CL891

Agent Details:
Alma Meyer
Campbell Property Group
Shop 2,
10 Heleza Boulevard,
Sibaya,
KwaZulu Natal
4320.

Id Subtitle 1194599465
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Estimated monthly repaymentR 183,147
Total property loan amountR 16,900,000
Total interestR 27,055,159
Total repaymentR 43,955,159
Interest rate at 11.75% for 20 years *
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Campbell Property Group
Selling for 1 year
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