Monthly Bond Repayment R135,463.38
Calculated over 20 years at 11.75% with no deposit.
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CALITZDORP: Pristine majestic land with an abundance of water and an olive grove
This 77-hectare majestic farmland, a nature, hospitality, and olive production enterprise, consists of two adjacent title deeds and is situated on the banks of the Gamka River.
The farm consists of 2 adjacent title deeds.
Due to the dry climate, the area is well-known as being disease-free and secluded.
The topography shows a rugged terrain with deep plunging valleys, rounded yet undulating hills, aloe-covered plateaus and foothills reaching into high mountains. The presence of different micro- climates and soil types makes it rich in a diversity of plant species.
Vegetation consists mainly of Spekboom (Portulacaria afra) veldt, Karoo succulents, Aloe Ferox, patches of grass, dense riverine thicket, Acacia thorn trees and shrubs. A haven for Kudu and Eland! Rare game species that occurred in the area historically were Bontebok, Buffalo and Black Rhinoceros. At present the species roaming the area include Kudu, Eland, Grey Rhee buck, Klipspringer, Cape Grysbok, Steenbok and Common Duiker. The nocturnal life is also spectacular.
A section of the perimeter fencing is 2,4-metre game fence.
An abundance of water is available. 35 hectares registered water usage rights of good quality water at 144 hours per week is obtained from the Gamka River irrigation scheme.
It is pumped by a 37KVA motor through a 150-mm pipe from where it is distributed to the irrigation areas. Olive groves consisting of 1,280 five-year-old trees are in good condition and this year they will yield their second harvest. Another 22-hectare section is equipped with irrigation infrastructure. At present it is utilised to produce lucerne, onion seed and cash crops which flourish in this dry climate. There are also two earth dams, one is fed by a perennial mountain spring.
Accommodation consists of a 1892 double storey six-bedroom manor house with two kitchens and two bathrooms. It is neatly renovated with quality finishes. The views from the stoep are stunning and it is the ideal place to enjoy sundowners!
The thatched roof cottage with modern finishes enjoys privacy and is situated in a secluded valley. This can be rented out as an idyllic farm stay to ensure additional income. This cottage with its view over the scenic dam towards the majestic Swartberg Mountains is in good repair
Four labourer's cottages, of which one resident enjoys life rights, are not in good repair.
Various outbuildings and a 300-sq metre shed gives ample parking for vehicles, tractors and farming implements as well as general storage space.
This farm has the infrastructure for running a lucrative, income-earning farming enterprise.
For sale as a going concern, including various items of farm equipment, at R12,5 million [excluding VAT].