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EXPANSIVE VIEWS ON A MIXED FARMING OPERATION
R 25,500,000
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1 year ago338 views
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General Details
Location:
For Sale By:Agency
Description
This farm extends to 59 ha in a rural, yet accessible location less than 10 km from the centre of Wellington. Enterprises conducted on the farm's productive and fertile farmland consist of wine grapes and cash crops.
A breakdown of the 24,7 ha vineyards under drip irrigation is as follows: 5,85 ha Cinsaut planted 1992; 1,67 ha Pinotage planted 1996; 2,0 ha Cabernet Sauvignon planted 2001; 3,29 ha Shiraz planted 2001; 0,86 ha Merlot planted 2002; 1,57 ha Cabernet Sauvignon planted 2002; 1,68 ha Chenin Blanc planted 2002; 1,47 ha Chenin Blanc planted 2007; 1,86 ha Shiraz planted 2009; 1,76 ha Shiraz planted 2011; 2,7 ha Shiraz planted 2012. Delivery rights for 230 tons in the form of cellar shares attached to a well known wine cellar are included in the price. There is furthermore a 1 ha rootstock nursery.
While drip-irrigated cash crops such as tomatoes, sweet potatoes and butternuts are planted on about 12 ha during the summer months, grain crops get occasionally planted on approximately 16 ha in winter.
The main water source is the 20 ha allocated rights from the local irrigation scheme at an annual total volume of 100 000 cub meters (5 000 cub meters per ha) supplemented by a large storage/catchment dam with a capacity of 100 million liters (100 000 cubic meters). A strong borehole of 8 000 l/hour supplies drinking water while 2 other boreholes delivering 4 000 l/hour each are not in use.
In addition there is a municipal water point from the Voelvlei drinking water scheme on the farm and can be connected should the new owner want to make use of it.
A substantial building infrastructure is evident, consisting of a delightful 4 bedroom/2,5 bathroom main house of 425 sq meters built in 2013 and located in a manicured garden, a big functional shed covering 810 sq meters built in 2004 containing a flatlet for a farm manager, an office, a storeroom, a workshop and garages. Other buildings include 1 old shed with a lean-to and also 7 labourer cottages with electricity, water, toilet and bathroom.
This well managed farm is registered in the name of an individual who is VAT registered and can be sold as a going concern. The sale of this farm represents a good opportunity to acquire a productive farm and as such a viewing is highly recommended to qualified buyers to fully appreciate all that is on offer.
The combination of quality farm ground, good water, infrastructure and an ideal location is the key to overall value.
Price: R25 500 000
Property Reference #: RL4638
Agent Details:
Gerrit van Heerden
Home and Hectare
43b 6th Avenue
Walmer
Port Elizabeth
A breakdown of the 24,7 ha vineyards under drip irrigation is as follows: 5,85 ha Cinsaut planted 1992; 1,67 ha Pinotage planted 1996; 2,0 ha Cabernet Sauvignon planted 2001; 3,29 ha Shiraz planted 2001; 0,86 ha Merlot planted 2002; 1,57 ha Cabernet Sauvignon planted 2002; 1,68 ha Chenin Blanc planted 2002; 1,47 ha Chenin Blanc planted 2007; 1,86 ha Shiraz planted 2009; 1,76 ha Shiraz planted 2011; 2,7 ha Shiraz planted 2012. Delivery rights for 230 tons in the form of cellar shares attached to a well known wine cellar are included in the price. There is furthermore a 1 ha rootstock nursery.
While drip-irrigated cash crops such as tomatoes, sweet potatoes and butternuts are planted on about 12 ha during the summer months, grain crops get occasionally planted on approximately 16 ha in winter.
The main water source is the 20 ha allocated rights from the local irrigation scheme at an annual total volume of 100 000 cub meters (5 000 cub meters per ha) supplemented by a large storage/catchment dam with a capacity of 100 million liters (100 000 cubic meters). A strong borehole of 8 000 l/hour supplies drinking water while 2 other boreholes delivering 4 000 l/hour each are not in use.
In addition there is a municipal water point from the Voelvlei drinking water scheme on the farm and can be connected should the new owner want to make use of it.
A substantial building infrastructure is evident, consisting of a delightful 4 bedroom/2,5 bathroom main house of 425 sq meters built in 2013 and located in a manicured garden, a big functional shed covering 810 sq meters built in 2004 containing a flatlet for a farm manager, an office, a storeroom, a workshop and garages. Other buildings include 1 old shed with a lean-to and also 7 labourer cottages with electricity, water, toilet and bathroom.
This well managed farm is registered in the name of an individual who is VAT registered and can be sold as a going concern. The sale of this farm represents a good opportunity to acquire a productive farm and as such a viewing is highly recommended to qualified buyers to fully appreciate all that is on offer.
The combination of quality farm ground, good water, infrastructure and an ideal location is the key to overall value.
Price: R25 500 000
Property Reference #: RL4638
Agent Details:
Gerrit van Heerden
Home and Hectare
43b 6th Avenue
Walmer
Port Elizabeth
Id Subtitle 1161413569
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Estimated monthly repaymentR 276,346
Total property loan amountR 25,500,000
Total interestR 40,822,873
Total repaymentR 66,322,873
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