Elgin Lifestyle | Income | Water | Opportunities knock
This attractive property amidst beautiful scenery covers an area of 18,7 ha just minutes away from Elgin. Access is via the neighbouring farm on a servitude road registered in favour of this farm. This popular farming neighbourhood is being regarded as a prestigious one which offers such a good quality of life and as a result attracts premium price tags. A well presented building accommodates the imposing 2 bedroom double storey main residence (180 sq meter) adjacent to a semi industrial double volume section (zoned Agric 2) that houses a 100 sq meter farm produce processing and food preparation facility/kitchen (with a cold room) as well as a shop/dining area of also 100 sq meter from where some of the processed fruit is sold in deli style (on-line selling also takes place). Security is by means of an alarm system which is linked to armed response. The property has been planted to 2,5 ha apples and almost 1 ha of olives (all under irrigation). There is furthermore an organic garden where seasonal vegetables are being grown. While most of the apples are destined for the fresh export market, some apples get processed on the farm together with the vegetables and olives. Natural honey is made from bee hives kept on the farm. The end result is highly in demand good quality handcrafted food. The farm is also in possession of a liquor license. Approximately 7 ha is lying fallow at present but is suitable for a wide range of agricultural activities. (this area was previously planted to apples). The remaining area consists of 2 catchment dams, a natural bush area as well as 7 smaller buildings of which the majority had previously been labourer cottages but now stand empty. The opportunity thus exists for the new owner to renovate these buildings into income generating self-contained cottages, bearing in mind they are located on the bank of the 1 dam with its abundant bird life. The tranquility around both dams is just inspiring and something to experience how special it really is. In addition to the 2 catchment dams, the farm has been allocated 15,3 ha of water rights from the local irrigation scheme which equates to 72 000 cub meters of summer water and 20 000 cub meters of winter water. This neat and well managed farm has 2 title deeds (of 4 ha and 14,7 ha respectively) and will be sold as a going concern, implements included. A private preparatory school is within walking distance. Here is a property that will allow you to start or expand your portfolio. It also offers plenty of scope to improve and then subsequently enjoy the benefits from your efforts. Price : R19 800 000,00 (VAT excluded)
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