AWARD WINNING WINE FARM OVERLOOKING TABLE MOUNTAIN

R 18,900,000

Can I afford this?
1 year ago1019 views
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General Details
For Sale By:Agency
Description
This 34 Hectares farm is situated on the R44 tourism-route, on the north eastern slopes of Paarl mountain and affords panoramic views of Table Mountain in the distance.

Perfectly located with quick accessibility to Cape Town, Paarl and Wellington, the business is VAT-registered and will be sold, either as a zero-rated going concern or as a fixed property.

The land is Agriculturally zoned 2, with 15 hectares of vineyard and accessibility to water, from 2 boreholes and water scheme.

The beautiful cellar building is visible to and easily accessible for passing trade and has all the potential for a business development such as a functions venue and/or a restaurant (approval exists, with the current owner holding a liquor license). All the facilities and equipment is already in place as a fully productive wine cellar and tasting room. The cellar building holds four 12,000 litre stainless steel tanks (included in sale) and also a wine laboratory and kitchen.


Fifteen hectares offer perfect terroir and five hectares are planted with Shiraz, Cabernet Sauvignon, Mouvedre, Trincadeira, Viognier, Chardonnay and Merlot.

Water includes 8ha Scheme water, 14,000 lt/h borehole(with a 6000 lt/hour pump), a smaller borehole delivering 1,400 lt/hr (with a 700 lt/hour pump).

Rental income on the farm consists:

The main house which is currently rented for R22,000/month, has 5 bedrooms, 3 bathrooms, 2 garages and 2 carports.

The cellar loft has two bedrooms and a lounge.

A 2 bedroomed, 2 bathroomed cottage is rented for R8,500pm.

One staff cottage with one staff member living on the farm.

A large steel gazebo is utilizable for concerts or wedding ceremonies.

Property Reference #: CL1912323

Agent Details:
Dina Bezuidenhout
Urban Link
The Pivot
Block E
Monte Casino Boulevard
Fourways
2191

Id Subtitle 1108571821
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Estimated monthly repaymentR 204,821
Total property loan amountR 18,900,000
Total interestR 30,256,953
Total repaymentR 49,156,953
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