R25,500,000 | 145Ha Farm For Sale in Greyton

Farms in the Overberg do not often come on the market, therefore this well-established, 144-ha thoroughbred stud farm is a gem, and is not to be overlooked in this highly sought-after area. It consists of a single title deed.

The breath-taking scenery covers rolling hills of paddocks, wheat and canola fields, as well as the striking Riviersonderend mountain range that changes colour throughout the day. Coupled with the consistent rainfall and clean fresh air, these are but a few of the soul-soothing advantages of owning farmland in this area.

The farm is in a quiet, safe, agricultural area, but is also close enough to all kinds of amenities in towns nearby. It is approximately 11 km from the popular tourist destination, Greyton, with its variety of restaurants, art exhibitions, markets, and music festivals; and 27 km from Caledon, a large, attractive business centre.

Access is directly off a good dirt road, and from the outset the well-kept buildings, rolling lawns and paddocks covering the undulating hills are impressive.

Equestrian facilities include 28 spacious stables in two barns, 15 grassed paddocks, and 2 lunge rings.

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 cattle or sheep farm, or a combination of enterprises. This could include converting part of the farm to an upmarket guest farm to accommodate tourists, that flock to this area, in re-purposed buildings.

WATER
Water rights equal to 8 m³ per day are registered with the Theewaterskloof Irrigation Board, the annual cost being ± R40,800.

Water is stored in 7 earth dams, as well as 7x 5,000 litre tanks close to the main homestead. A system of 4 small pumps and pipelines supplies water to the stables, one paddock and gardens. Troughs in the other paddocks are filled by bowser.

Rainfall records kept over 15 years show a consistent average of 610 mm per year.
The catchment area higher up causes a small river to run strongly after good rains. Weirs can be built in the river to retain some if the run-off water for storage.

ELECTRICITY
An Eskom line and 1 transformer are available. The annual electricity bill currently equals ± R96,000.
A 7.5 kVa generator runs essential equipment when necessary.

The complete farm has beautiful views over the mountains in the distance, the hills surrounding it, and the valleys below. 80 ha of the farm is being leased to neighbour on an annual lease, that coincides with the calendar year. A herd of cattle grazes freely on another section in a valley.


ACCOMMODATION
The main section of the beautiful, spacious and comfortable homestead has a lounge, open-plan kitchen and dining room, with 4 bedrooms (two en-suite), 1 additional bathroom, and large guest cloak-room. and seating area on a veranda. The covered veranda overlooking a beautiful garden and sparkling pool, add to comfortable country living.

A permanent partition divides the house in two sections, with the secondary section overlooking a large dam, lawns and mountains in the distance through large glass doors. It accommodates two single staff members. A storage shed is also set in the garden.

Two staff members are accommodated in a separate permanent brick-building, while 3 Nutec houses, with 6 single rooms offer more staff accommodation. An ablution block with male and female bathroom facilities, serves the single quarters.

Close to the homestead two horseboxes are berthed under cover, while four covered carports accommodate the vehicles.

All the farming infrastructure and accommodation are well-designed and in good repair. The outside perimeter of the property is fenced in completely.
Arrangements are in place for all staff to move, or be employed elsewhere, should a new owner not offer them employment.

The property is offered at R25.5 million, excluding VAT. The seller is a VAT vendor; therefore, the transaction can be structured as the sale of a going concern.