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R10,000,000 | 80Ha Farm For Sale in Louisvale

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R10,000,000

Monthly Bond Repayment R108,370.70
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Irrigation farm for sale near Upington.

Well-developed irrigation farm for sale at Louisvale, Upington.

This well-developed and maintained irrigation farm is about 15km from Upington. The farm is in the Louisvale region. This region is 1 of Upington’s best irrigation areas known for raisin farming of the highest quality. The area is also well-established for cash crops and Pecan nut trees.

This featured property is 80ha (1 x title deed) with a canal water listing of 23ha. Not all irrigated land is currently used with an area of 7ha vacant but suitable and ready to develop. Some of the fields have installed drainage in place with the rest not needing extra drainage installed. All vineyard irrigation is done with micro-irrigation with a center pivot used for the lucerne.

Breakdown:
A. Vineyard
• 5ha x Flame planted in 2005, 2010, and 2015.
• 10ha x Sultana planted in 1990 and 1995.
• 1ha x Merbein planted in 2019.
• 1.5ha Merbein planted in 2015.
• Organic registered.
• 7ha currently vacant and ready to develop (underground irrigation already installed).

B. Lucerne under centre pivot.
• Have a span of 20ha but only 12ha under irrigation currently.
• Planted 2021
• Centre pivot age is about 8 years.

C. Old cooling and packing facility. Not in use anymore. Currently used as shed/workshop.
D. Small 2 x bedroom house for workers/manager.
E. ½ of the irrigated fields have electrified fencing.
F. Pumphouse with 2 electric pumps. (2 x 16.5KVA motors). 1 x Pump directly from the canal and the other from the storage dam.
G. 2 x storage dams suitable for water storage. One of these is not used anymore.
H. ESKOM transformer point of 150KVA. (Costs about R40 000/month in peak times).


The property is ideally located to purchase an economically established irrigation unit not far away from Upington.
The property is sold as a going concern with some implements included. A list of implements and production numbers will be provided to serious buyers.

Features

-
-
1
Pets Allowed
Yes
Interior
Furnished
No
Exterior
Garages
1
Security
No
Domestic Accomm.
1
Pool
No
Sea Views
True
Sizes
Floor Size
280m²
Land Size
80Ha
Extras Accommodation; Country Living; Irrigation Farm

Louisvale in the news

Helene van der Berg

Property Practitioner in Upington
1
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