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R56,200,000

Monthly Bond Repayment R542,342.16
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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PORTERVILLE: WHEAT, POMEGRANATE AND ROOIBOS TEA FARM

This is as good as it gets in the Swartland! A combination of wheat, pomegranates and rooibos tea is seldom found on one farm, which makes this a highly productive unit with excellent returns.

The farm is situated in the Halfmanshof area South of Porterville with an average rainfall of 500 mm per annum.

The soil is well drained due to the sloped topography and a record wheat harvest of 4,36 ton per hectare was achieved during 2018. Wheat is planted on 455 hectares annually. Of the 157 hectares suitable for rooibos tea, 68 hectares are being planted this year. 16 Hectares pomegranates are in full production (of which 2 hectares are under netting) and an additional 10 hectares were planted in 2017. Pomegranates does extremely well in this area and water is obtained from two earth dams and two strong boreholes. Registered water usage rights are in place.

Infrastructure includes a spacious four-bedroom main farmhouse with flatlet, a manager's house, labourer housing for eight families, two sheds, a workshop, sheep pens, a pigsty, stables and four boreholes.

You won't easily find another economical unit that can match returns of this extent in the agricultural sector.

For sale for R 56,200,000.00 as a going concern (seller is VAT registered).

The current wheat and pomegranate harvests are excluded from the purchase price. The existing rooibos tea harvest is included in the purchase price. A list of movable assets is available upon request, which is not included the purchase price.

Features

6
3
2
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
3
Kitchens
3
Reception Rooms
5
Exterior
Garages
2
Flatlet
1
Domestic Accommodation
8
Pool
Yes
Sizes
Floor Size
570m²
Land Size
658Ha

Porterville, Porterville

Porterville is a town situated in the Western Cape province of South Africa. The distance from Cape Town to Porterville is about 150 km. Porterville is also home to some of the best campsites in the Cape; Waterfalls and Beaverlac. The town rests at the foot of the Olifants River Mountains, 27 km south-east of Piketberg and 155 km north-east of Cape Town. It was laid out in 1863 on the farm Pomona,...
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Pierre Hollander
Agrisell has given Pierre the chance to continue his successful career in property marketing.  After completing his high school career at Paarl Gymnasium, his property experience took him all over South Africa to towns such...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Agrisell website is accurate and up to date, Agrisell makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

542,342.16

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