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Irrigation farm at Louisvale ,Upington
R 5,900,000
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General Details
Location:
For Sale By:Agency
Description
Irrigation farm for sale at Louisvale, Upington.
Louisvale settlement is predominantly a farming community on the R359 towards Kanoneiland from Upington. The property in question is about 11km from Upington and creates a lovely country lifestyle living with a good income close to town.
The property of 10.52ha has a canal water listing of 8.5ha (@15 000 cubic meters) from the Louisvale irrigation scheme. All irrigation is done by very cost-effective flooding. Water is supplied from the canal into the piping system to ensure effective water usage with minimum spillage. This easy and effective type of flood irrigation helps with labor costs as fewer workers are needed. All fields have efficient drainage and fields are all lasered for cost-effective watering and production. This mixed-production farm produces grapes (raisins) and lucerne. The vineyards are still very young and only coming into full production. The neat young vines create a lovely look of hope for the future.
Breakdown
1. Vineyard
• 1ha Selma Peet planted in 2021
• 4.6ha Merbein planted in 2018/19
• Organic certified
2. Lucerne
• Age approximately 4 years
• Will need replacing
3. House
• 3 Bedrooms
• 3 Bathrooms
• 2 Living rooms
• Kitchen
• Building needs renovating
• Fixer-upper
• Prepaid power
• Canal water
The property is ideal for someone looking to buy a piece of heaven with some amazing views nestled in between vineyards. The vines and infrastructure are young and in good condition making further costs unnecessary. The property can preferably be bought as a going concern by buying the Closed Corporation. This makes registration quicker and cheaper.
Call now for viewing.
Property Reference #: RL6063
Agent Details:
Kassel van den Berg
Agrisell PTY Ltd
9A Kerk Street
Piketberg
7320
Louisvale settlement is predominantly a farming community on the R359 towards Kanoneiland from Upington. The property in question is about 11km from Upington and creates a lovely country lifestyle living with a good income close to town.
The property of 10.52ha has a canal water listing of 8.5ha (@15 000 cubic meters) from the Louisvale irrigation scheme. All irrigation is done by very cost-effective flooding. Water is supplied from the canal into the piping system to ensure effective water usage with minimum spillage. This easy and effective type of flood irrigation helps with labor costs as fewer workers are needed. All fields have efficient drainage and fields are all lasered for cost-effective watering and production. This mixed-production farm produces grapes (raisins) and lucerne. The vineyards are still very young and only coming into full production. The neat young vines create a lovely look of hope for the future.
Breakdown
1. Vineyard
• 1ha Selma Peet planted in 2021
• 4.6ha Merbein planted in 2018/19
• Organic certified
2. Lucerne
• Age approximately 4 years
• Will need replacing
3. House
• 3 Bedrooms
• 3 Bathrooms
• 2 Living rooms
• Kitchen
• Building needs renovating
• Fixer-upper
• Prepaid power
• Canal water
The property is ideal for someone looking to buy a piece of heaven with some amazing views nestled in between vineyards. The vines and infrastructure are young and in good condition making further costs unnecessary. The property can preferably be bought as a going concern by buying the Closed Corporation. This makes registration quicker and cheaper.
Call now for viewing.
Property Reference #: RL6063
Agent Details:
Kassel van den Berg
Agrisell PTY Ltd
9A Kerk Street
Piketberg
7320
Id Subtitle 1155722689
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Estimated monthly repaymentR 63,939
Total property loan amountR 5,900,000
Total interestR 9,445,293
Total repaymentR 15,345,293
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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Agrisell PTY Ltd
Selling for 6+ years
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