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R24,500,000 | 59Ha Farm For Sale in Wellington Central

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R24,500,000

Monthly Bond Repayment R265,508.23
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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MIXED FARMING OPERATION

This farm extends to 59 ha in a rural, yet accessible location less than 10 km from the centre of Wellington. Enterprises conducted on the farm's productive and fertile farmland consist of wine grapes, vegetables and winter grain crops.

A breakdown of the 24,7 ha vineyards under drip irrigation is as follows: 5,85 ha Cinsaut planted 1992; 1,67 ha Pinotage planted 1996; 2,0 ha Cabernet Sauvignon planted 2001; 3,29 ha Shiraz planted 2001; 0,86 ha Merlot planted 2002; 1,57 ha Cabernet Sauvignon planted 2002; 1,68 ha Chenin Blanc planted 2002; 1,47 ha Chenin Blanc planted 2007; 1,86 ha Shiraz planted 2009; 1,76 ha Shiraz planted 2011; 2,7 ha Shiraz planted 2012. Delivery rights in the form of cellar shares attached to a well known wine cellar are included in the price.

While drip-irrigated tomatoes (6 ha) and sweet potatoes (6 ha) are planted during the summer months, korog gets usually planted on approximately 16 ha in winter.

The main water source is the 20 ha allocated rights from the local irrigation scheme at an annual total volume of 100 000 cub meters (5 000 cub meters per ha) supplemented by a large storage/catchment dam with a capacity of 100 million liters. A strong borehole of 8 000 l/hour supplies drinking water while 2 other boreholes delivering 4 000 l/hour each are not in use.

There is furthermore on the farm a municipal water point from the Voelvlei drinking water scheme and can be connected should the new owner want to make use of it.

A substantial building infrastructure is evident, consisting of a 4 bedroom/2,5 bathroom main house of 425 sq meters built in 2013 with a double garage, a big functional shed covering 810 sq meters built in 2004, 1 old shed with a lean-to and also 7 labourer cottages with electricity, water, toilet and bathroom.

This well managed farm is registered in the name of an individual who is VAT registered. The sale of this farm represents a good opportunity to acquire a productive farm and as such a viewing is highly recommended to qualified buyers to fully appreciate all that is on offer.

The combination of quality farm ground, good water, infrastructure and an ideal location is the key to overall value.

Price: R24 500 000,00 (VAT excluded)

Features

4
2.5
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2.5
Kitchen
Yes
Reception Rooms
2
Study
Yes
Furnished
No
Exterior
Garages
2
Security
No
Parkings
1
Pool
No
Sizes
Land Size
59Ha
STREET MAP
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-33.61452179461587, 19.003002579076103
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