380 ha Irrigation and livestock farm between Theunissen and Welkom for sale

R 12,000,000

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General Details
For Sale By:Agency
Description
SOLE MANDATE

This farm fronts the Sand River and has 66,9 ha listed water rights, 41 ha under pivot point irrigation as well as 20 ha of dry land and an above average neat infrastructure which includes two residential houses. The farm is sold as a going concern with pivots, livestock, game, equipment and implements included in the selling price.

LOCATION
The farm is 45 km from Theunissen and 36 km from Welkom in a safe area.

WATER
The Sand River flows through the farm. (3 km riverfront)
There are 66,9 ha water rights from the Sandvet canal scheme.
41 ha are currently under pivot irrigation.
25,9 ha Undeveloped water rights.
There are 4 pivots, which are included in the purchase. Currently 1 is under lucerne and 3 under cash crops.
- 7 ha, 2-Tower pivot
- 6.5 ha, 2-Tower pivot
- 6.5 ha, 2-Tower pivot
- 21 ha, 4-Tower pivot- This pivot is currently under lucerne. Half of the circle is on the adjacent farm. There is a lease agreement for the use of the 10.5 ha, which amounts to R60 000 per year. (However, the pivot and water belong to the seller). This 21 ha lucerne produces a stable income of R200 000 per month.
There are 3 cement storage dams for irrigation, of which only 2 are currently in use.
4 Boreholes of which 3 are equipped with submersible pumps.
Several Jo-Jo tanks and reservoirs.
Average rainfall of 600 mm per year.

ARABLE LAND
41 ha Irrigated lands (With 4 pivots)
20 ha Dry lands
Various planted smutsfinger fields

PASTURE
The grazing is a combination of grass plains which are in very good condition and
thorn tree/bushveld type pasture that will be suitable for goat and cattle farming.

FENCES
One section is fenced with Bonnox electrified game fencing.
There are several smaller electrified camps that have been used for breeding predators in the past.
Fences are a combination of game and cattle fences that are all in very good condition.

ELECTRICITY
The main house has 3 phase Eskom power with backup solar power.
The second house has no Eskom power and uses solar power only.

INFRASTRUCTURE
There are 2 neat houses with sheds and outbuildings on two different locations of the farm.

MAIN RESIDENCE
This modern home has luxurious finishes and is stylishly furnished. Wooden furniture and African decor give a rustic atmosphere to this Free State farmstead. The floors have modern concrete finishes with an open-plan layout in the main living spaces.

The main residence offers the following:
5 Bedrooms with 5 en-suite bathrooms
Spacious open-plan kitchen with solid wooden cupboards and dining room with 16-seat table and indoor braai.
Large living room
2 Covered patios with entertainment and braai areas
Swimming pool
Carport for 4 cars
Trellidor in front of all doors and windows

Outbuildings and infrastructure at main residence:
Open shed with cement floor (600 m²) which also houses several store rooms and tool room.
2 Storage rooms, 6 m² each
Cold room with slaughter facilities
...

Property Reference #: 311

Agent Details:
Philip Minnaar
The Farm Agent
32 Ficksburg straat,Wierda Park,Centurion

Id Subtitle 1263391951
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Estimated monthly repaymentR 130,045
Total property loan amountR 12,000,000
Total interestR 19,210,764
Total repaymentR 31,210,764
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Selling for 2+ years
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