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R5,900,000 | 10.50Ha Farm For Sale in Louisvale

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R5,900,000

Monthly Bond Repayment R63,938.71
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R300
Special Levy
R1,500

Irrigation farm at Louisvale ,Upington

Irrigation farm for sale at Louisvale, Upington.

Louisvale settlement is predominantly a farming community on the R359 towards Kanoneiland from Upington. The property in question is about 11km from Upington and creates a lovely country lifestyle living with a good income close to town.

The property of 10.52ha has a canal water listing of 8.5ha (@15 000 cubic meters) from the Louisvale irrigation scheme. All irrigation is done by very cost-effective flooding. Water is supplied from the canal into the piping system to ensure effective water usage with minimum spillage. This easy and effective type of flood irrigation helps with labor costs as fewer workers are needed. All fields have efficient drainage and fields are all lasered for cost-effective watering and production. This mixed-production farm produces grapes (raisins) and lucerne. The vineyards are still very young and only coming into full production. The neat young vines create a lovely look of hope for the future.

Breakdown
1. Vineyard
• 1ha Selma Peet planted in 2021
• 4.6ha Merbein planted in 2018/19
• Organic certified
2. Lucerne
• Age approximately 4 years
• Will need replacing

3. House
• 3 Bedrooms
• 3 Bathrooms
• 2 Living rooms
• Kitchen
• Building needs renovating
• Fixer-upper
• Prepaid power
• Canal water

The property is ideal for someone looking to buy a piece of heaven with some amazing views nestled in between vineyards. The vines and infrastructure are young and in good condition making further costs unnecessary. The property can preferably be bought as a going concern by buying the Closed Corporation. This makes registration quicker and cheaper.

Call now for viewing.

Features

3
3
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
3
Kitchen
Yes
Reception Rooms
2
Furnished
No
Exterior
Security
No
Pool
No
Sea Views
True
Sizes
Floor Size
150m²
Land Size
10.50Ha
Extras Aluminium Window; Country Living
STREET MAP
STREET VIEW
-28.542767, 21.199048

Louisvale in the news

Helene van der Berg

Property Practitioner in Upington
1
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