A rare opportunity presents itself: Agricultural and Guest Farm is now for sale.

R 29,950,000

Can I afford this?
2 years ago3771 views
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General Details
For Sale By:Agency
Description
This farm is perfectly located in a beautiful valley at the foot of the Langeberg Mountains and is nestled adjacent to the village of Barrydale.
The property consists out of 3 adjoining title deeds with a total size of 135 hectares. The farm has been developed to generate multiple income streams.

TOURISM
The farm is home to a well-known coffee shop which was established in 2005 and is famous for spectacular views and unforgettable meals. Also offering guest accommodation for up to 12 people in four self-catering cottages, this getaway location is popular and boasts a long list of positive reviews and many returning customers.

AGRICULTURAL
The agricultural portion of the farm is on a long term lease agreement. The total arable land is approx. 60 hectares of which 35 hectares are planted with onion and carrot seeds. A total of 45 hectares are currently under irrigation. Very good quality water sourced from canal and river from where it is fed to a big storage dam.

The manager's house and a second dwelling are rented out, except the main homestead. Other infrastructure include 12 workers cottages and a large shed (previously a dairy).

The Seller is registered for VAT and sold as a going concern. This is a GREAT opportunity not to be missed. Detailed information is available on request.

Property Reference #: RL4450

Agent Details:
Marisa Bosman
Agrisell PTY Ltd
9A Kerk Street
Piketberg
7320

Id Subtitle 938105553
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Estimated monthly repaymentR 324,571
Total property loan amountR 29,950,000
Total interestR 47,946,864
Total repaymentR 77,896,864
Interest rate at 11.75% for 20 years *
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Agrisell PTY Ltd
Selling for 6+ years
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