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R10,500,000 | 886Ha Farm For Sale in Montagu

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R10,500,000

Monthly Bond Repayment R113,789.24
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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MONTAGU: LANGEBERG DECIDUOUS AND STONE FRUIT FARM

Situated in-between Montagu and Barrydale, this successful commercial farm is ideal for expanding your current portfolio or for entering the farming industry.

Currently, the main crops focused on are deciduous/stone fruit (apricots, peaches and pears), with just over 23-hectares currently in production. An additional 23-hectares of acreage is already prepared and serviced, ready to be utilized. The crop is currently diversely supplied to three different markets/industries: Fresh produce, Dried and Canning.

Located 20 minutes from Montagu and two and a half hours from Cape Town, access to the markets are easy and viable.

Due to the quality of the shale soil, water and macro climate there has been farmed with grapes, potatoes and wheat but with the possibility of nuts, olives, cannabis etc. Situated next to the Langeberg Mountain Range, ground water is accessed via 5 boreholes, as well as a perennial spring and stored into 11 dams with a combined capacity of 281 000 cubic meter.

Total size of the farm, 886 hectares, offering alternative options to farming as well
The seller is a registered VAT vendor and therefor the immovable and moveable assets are sold as a going concern at a at 0% rate.

Price R10,5 million excluding VAT.

Features

7
3
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
3
Kitchen
1
Reception Rooms
2
Furnished
No
Exterior
Carports
4
Security
Yes
Carports/Parkings
4
Flatlet
1
Pool
No
Sea Views
True
Sizes
Land Size
886Ha
STREET MAP
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-33.7749407, 20.1223909

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AGRISELL AUCTIONS

Need a specialist to auction your assets? First Auction to be held at 11:00 AM on 24 February 2018 at Lord Charles Hotel, Somerset West
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