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RURAL ENTERPRISE OPPORTUNITY
R 8,500,000
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General Details
Location:
For Sale By:Agency
Description
Set in the Cape Winelands glorious countryside, the farmland extends to 27 ha and is mainly level to gently sloping. It is located outside Paarl close to the N1 national road towards Stellenbosch. Having easy access to the N1, the farm is in a stable agricultural neighborhood lending itself with potential for a variety of purposes i.e. ideal equestrian, tunnel farming, long term crops, small scale livestock pursuits and ultimately a superb lifestyle.
Water to the property is supplied via the 10 ha allocated water rights (40 000 cubic meters per annum) from the Theewaterskloof irrigation scheme. Apart from the water point on the farm, no other irrigation infrastructure exists. Previous agricultural activities consist of the production of high-quality organic wine grapes. However, this practice is abandoned and for the last 10 years the entire farmland has been lying fallow. Except for a small natural earth dam, all of this beautiful undeveloped land is arable and awaits the new owner to revive the potential on offer.
With no building infrastructure and zoned Agriculture 1, the organic fundi would flourish here. Bearing in mind the land has not received any chemicals, etc for the last 10 years, a fresh approach towards nature could be the point of departure.
Should the new owner need electricity, he could apply via Eskom to tap from the neighboring point near the border of this property.
Building plans according to the normal guidelines for properties of this size would be allowed by the local authorities.
To be developed as an income generating lifestyle farm, this property is all about the untapped potential on offer. Don't miss out on this one! The seller is not VAT registered.
Price : R8 500 000
Property Reference #: RL4620
Agent Details:
Gerrit van Heerden
Home and Hectare
43b 6th Avenue
Walmer
Port Elizabeth
Water to the property is supplied via the 10 ha allocated water rights (40 000 cubic meters per annum) from the Theewaterskloof irrigation scheme. Apart from the water point on the farm, no other irrigation infrastructure exists. Previous agricultural activities consist of the production of high-quality organic wine grapes. However, this practice is abandoned and for the last 10 years the entire farmland has been lying fallow. Except for a small natural earth dam, all of this beautiful undeveloped land is arable and awaits the new owner to revive the potential on offer.
With no building infrastructure and zoned Agriculture 1, the organic fundi would flourish here. Bearing in mind the land has not received any chemicals, etc for the last 10 years, a fresh approach towards nature could be the point of departure.
Should the new owner need electricity, he could apply via Eskom to tap from the neighboring point near the border of this property.
Building plans according to the normal guidelines for properties of this size would be allowed by the local authorities.
To be developed as an income generating lifestyle farm, this property is all about the untapped potential on offer. Don't miss out on this one! The seller is not VAT registered.
Price : R8 500 000
Property Reference #: RL4620
Agent Details:
Gerrit van Heerden
Home and Hectare
43b 6th Avenue
Walmer
Port Elizabeth
Id Subtitle 1229711957
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Estimated monthly repaymentR 92,116
Total property loan amountR 8,500,000
Total interestR 13,607,625
Total repaymentR 22,107,625
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