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R88,000,000 | 230Ha Farm For Sale in Groblershoop

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R88,000,000

Monthly Bond Repayment R953,662.21
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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230Ha Farm For Sale in Groblershoop

Located in the Northern Cape, the largest and most sparsely populated province of South Africa, the farmer of this outstanding pecan and vineyard farm has his ducks in a row with a very neat and established piece of land.
About 80 km from Upington and 40 km from Groblershoop, this 230 ha prime farm is considered superior as it is one of the first pecan farms in that area and is weighed one of the greater pecan enterprises in South Africa.
The farm is for sale as a going concern and can be structured in such a way that the transaction, from a VAT point of view, would be zero-rated. The seller is registered for VAT. Take note that the price quoted is excluded of VAT.
Buildings / Infrastructure on the farm:
1. House 1 (330 sq m - 4 bedrooms, 2 bathrooms)
2. House 2 (360 sq m - 5 bedrooms, 3 bathrooms)
3. House 3 (350 sq m - 3 bedrooms, 1 bathroom)
4. Infrastructure for storing implements, fertilizers and products:
- 2 enclosed steel structures
- 1 open store
- 1 enclosed brick store
- 1 canopy for vehicles
Current crops on the farm:
1. Pecan plantings - 106,8 ha
10 Year and older: 32 ha. Cultivar: Wichita, Choctaw, Navaho, Ukulinga, Barton, Mohawk, Western and Pawnee
8 Year: 4.4 ha. Cultivar: Wichita, Navaho, Suttex
6 Year: 1.1 ha. Cultivar: Wichita, Navaho
5 Year: 2.8 ha. Cultivar: Wichita, Navaho
3-4 Year: 2017/18 plantings: 66,5 ha. Cultivar: Wichita, Navaho

2. Vineyard - 12,2 ha, with cultivars such as:
Colombard - 3 ha
Sultana - 1 ha
Merbein - 1,5 ha
Flame - 0.7 ha
Ruby - 1.4 ha
Selme Pete - 4 ha - 2019/20 plantings
Merbein - 0.6 ha - 2021 planting

The harvest at the time of the takeover, is negotiable.
With the farm bordering the Orange River, the main source of agricultural water is surface water of the river itself as well as open canals.
Although the landscape in this part of the country is very arid, the soil of this farm on the banks of the Orange River is very fertile - rich alluvial soil, deposited over a period of time by the running water of the river. About 15 hectares of the listed land, is gravel soil and is irrigated.
There are 3 Eskom points on the farm:
- 100 KVA 3-phase power
- 50 KVA single-phase power
- 16 KVA single-phase power
Registered water rights of 127.2 hectares are included in the purchase price, of which 9.1 hectares are served from the Orange River and 118.1 hectares from the canal scheme.
Two types of irrigation systems are installed and in use:
- Surface irrigation by means of a flood system - 57 ha
- Micro irrigation by means of a drip system - 64 ha
All movable assets related to the farming business are also included in the purchase price. A list is available upon request.
Seize the opportunity and contact immediately!

Features

4
2
1
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchen
Yes
Reception Rooms
3
Study
Yes
Furnished
No
Exterior
Garages
1
Security
No
Parkings
1
Pool
No
Sizes
Land Size
230Ha

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