387Ha Farm For Sale in Worcester Rural

R 105,000,000

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General Details
For Sale By:Agency
Description
WORCESTER : IRRIGATION FARMING WITH DIVERSE PRODUCTS
This magnificent 387.2 ha farm is situated near the Nuy Valley, and approximately 13 km from Worcester. It consists of two title deeds in three portions, one on either side of the road between Worcester and Robertson, and the manager’s house on a smallholding of 4.8ha.

Access to the farm is directly off the popular R60, while the farm boasts a network of well-maintained gravel and dirt roads to connect all of its operations.

This area is well-known for its beautiful scenery of veldt, vineyards, and olive groves, framed by a stunning backdrop of mountains in every direction. The tracts of veldt continually display beautiful indigenous plants, no matter the season.

Farming operations include -
Wine grapes - 65 ha
6 white cultivars
4 red cultivars
All grapes are delivered to Nuy Cellar, nearby, where the Seller is listed for 1340 tonnes per year. All shares in the cellar are included in the sale.

Table grapes - 36 ha (10 ha under netting)
7 cultivars
The table grapes are processed and packed in a modern packing shed on site.

Almonds - 19 ha
3 cultivars, and all trees are between 3 - 4 years old.
The almonds are cultivated in partnership with the neighbour, which agreement will be transferred to the new owner.

Olives - 6,50 ha – mostly Mission
The Seller produces cured olives for private buyers.
Larger quantities are delivered to a well-known company that produces olive oil as well as cured olives for supermarkets and specialty shops.

Cash crops – 17 ha

A neighbour rents this section on a seasonal basis for producing cash crops.

Open land - 10 ha. Previously under vines.

Open land - Approximately 80 to 100 ha. can still be cleared and developed. Especially suited for citrus.

Water Rights - Registered with the Worcester East Water Users Association

150 Ha at 7,540 m³ / ha /year.
All vineyards and groves are equipped with micro - and drip irrigation systems.
Water is stored in two large earth dams

Accommodation
The beautiful manor house takes centre stage with its thatched roof, some wooden floors, spacious rooms, high
ceilings and a large fenced garden.

A second, new home is equipped with solar panels taking it “off-grid”. It is set against a hill, with a single garage, carport and veldt garden, and overlooks the vineyards and spectacular mountains in the distance.

The current manager’s home, set near the R60, is neat, spacious and surrounded by trees, with a carport and some outbuildings nearby.
This portion of 4.8 ha is on a separate title deed.

Any of these houses can potentially be turned into top-class guest accommodation for tourists who flock to the Nuy area.

Tenant homes
Two smaller cottages, set behind some of the olive trees, are newly renovated and are occupied by two tenants,

Staff houses
These are set in different sections of the farm. All of these are in a very good state of repair and have neat, colourful gardens and a dual heating system for ...

Property Reference #: CL619

Agent Details:
Margaret Louw
Agrisell PTY Ltd
9A Kerk Street
Piketberg
7320

Id Subtitle 1243043474
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Estimated monthly repaymentR 1,137,893
Total property loan amountR 105,000,000
Total interestR 168,094,180
Total repaymentR 273,094,180
Interest rate at 11.75% for 20 years *
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Agrisell PTY Ltd
Selling for 6+ years
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