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R25,500,000

Monthly Bond Repayment R276,345.30
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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EXPANSIVE VIEWS ON A 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 and cash 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 for 230 tons in the form of cellar shares attached to a well known wine cellar are included in the price. There is furthermore a 1 ha rootstock nursery.
While drip-irrigated cash crops such as tomatoes, sweet potatoes and butternuts are planted on about 12 ha during the summer months, grain crops get occasionally 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 (100 000 cubic meters). 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.
In addition there is a municipal water point from the Voelvlei drinking water scheme on the farm and can be connected should the new owner want to make use of it.
A substantial building infrastructure is evident, consisting of a delightful 4 bedroom/2,5 bathroom main house of 425 sq meters built in 2013 and located in a manicured garden, a big functional shed covering 810 sq meters built in 2004 containing a flatlet for a farm manager, an office, a storeroom, a workshop and garages. Other buildings include 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 and can be sold as a going concern. 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: R25 500 000

Features

4
2.5
1
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2.5
Reception Rooms
2
Exterior
Garages
1
Security
No
Flatlet
1
Sizes
Land Size
59Ha
 
  • 1
 

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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

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Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

276,345.30

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