R24,000,000 | 64Ha Farm For Sale in Paarl Rural

This well-established, 64-ha thoroughbred stud farm is located centrally between Paarl, Wellington, Malmesbury, and Durbanville, close to the R44. It consists of a single title deed.
The farm is set in a predominantly agricultural area but is only a 15-minute drive from all kinds of amenities in towns nearby.
An automated access gate, with a camera, opens to a tree-lined road, with well-kept, rolling lawns and paddocks flanking it.
The breakdown in land use is:
• Paddocks - 30 ha
• Training track, water storage, buildings, gardens, roads and undeveloped land - 30.2 ha
• Olive groves - 4.2 ha
Equestrian facilities include grassed paddocks, a lunge ring, Röwer&Rüb horse walker, and a training track. All paddocks and roads are soft underfoot.
The training track covers approximately 1800 meters, starting on flat land, before ending in an incline. There is space to add a sand track next to it.
Farming infrastructure includes a total of 77 stables [5 larger stables for foaling down] in two well-built, sturdy barns of 820 m² and 460 m², respectively.
A vet room, freestanding office with lounge and kitchen [100 m²], feedstore [400 m²], open-sided shed[ 260 m²], workshop and store rooms complete the farming infrastructure.
Although the majority of the facilities are suited for keeping this property as a breeding and boarding stud, it lends itself to be used as a nursery, wine or olive farm, or a combination of enterprises. This could include converting part of the farm into an events venue, with conference facilities and guests accommodated in re-purposed buildings.
Water rights equal to 35 ha are registered with the Berg River Irrigation Board, the annual cost being R180,000. Of these, 10 ha of water are not currently being used and can be applied to irrigate remaining, undeveloped arable land.
Water is stored in two earth dams, as well as a 100,000-litre reservoir and 2x 10,000-litre tanks close to the main homestead. A comprehensive system of pumps and pipelines supplies water to the stables, paddocks, and gardens. Motherlines feed water to a sprinkler system for irrigating the 30 ha of paddocks. Rainfall in the area averages 860 mm per year.
2000 well-established olive trees grow in two separate groves, covering 4.2 ha
An Eskom line and 3x 50 kVA transformers are available. The annual electricity bill currently equals ± R200,000.
The complete farm has beautiful views over the mountains in the distance, the hills surrounding it, and the valleys below. The undeveloped land includes a field where a flock of sheep roams freely, woodlands to explore on long walks, and a hill that offers an easy climb, to enjoy even more spectacular views over neighbouring woodlands, farms and, on a clear day, even Table Mountain.
The comfortable homestead of 260 m² has a lounge, open-plan kitchen and dining room, with 3 bedrooms( one en-suite), 2 full bathrooms and a seating area on the veranda. A large battery system for backup power is installed near the back door. The covered braai area and sparkling pool, with a raised deck, set in a lush garden, add to comfortable country living.
A second house of 200 m², contains 3 bedrooms, 2 being en-suite, a large kitchen and an open-plan lounge and dining room. This house is fenced-in, separately from the manor house.
The manager’s house of 180 m² has 3 bedrooms, 2 bathrooms and an open-plan kitchen/living room.
All of the farming infrastructure and accommodation are well-designed and generally in good condition. The outside perimeter of the property is fenced in completely with barbed wire.
Arrangements are in place for all staff to move, or be employed elsewhere, should a new owner not offer them employment.
A list of movable assets, valued at ± R2 million, is available on request.
The property is offered at R24 million, excluding VAT. The seller is a VAT vendor; therefore, the transaction can be structured as the sale of a going concern.