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REDELINHUYS: IRRIGATION FARM FOR SALE

R 21,500,000

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General Details
For Sale By:Agency
Description
This irrigation farm (713 Ha) is situated 6,5 km North of Redelinghuys, with a breathtaking view over Elands Bay and Verlorenvlei.

Potatoes are produced on 10 x 13 Ha centre pivots circles that are fully equipped with electricity and water. Current 32 Ha are planted every year on a rotational basis.

5.3 Ha Nardorcott Mandarins were planted in 2019/20 and is from this year in full production. Further there is 100 Ha of rooibos tea and ± 400 Ha veld suitable for livestock.

Infrastructure consists of 1 x 5-bedroom farmhouse (420m²), 3 x store rooms (450 m², 150 m², 60 m²) and 3 laborer houses.

This is a winter rainfall area with a long-term average of 250 mm per annum. Water is obtained from a fountain, which is pumped to a 56 000 m³ (category 2) dam and from the dam it is further pumped to a Bateman dam (2000m3) from which the centre pivots are irrigated under gravity. A bore-hole with pump supply the houses and livestock with water.

Electricity is supplied by Eskom (200 kVA).

Implements and equipment included are: 2 x 13 Ha Agrico Pivots and a New Pump KSB 80-4 (132 kVA motor).

The farm also has a 4x4 adventure route that has the potential for tourism.

The current citrus harvest is excluded from the sale but can be negotiated.

The farm is sold as a going concern (Seller is VAT registered).

Property Reference #: CL460

Agent Details:
Quinten Somers
Agrisell PTY Ltd
9A Kerk Street
Piketberg
7320

Id Subtitle 1199511936
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Estimated monthly repaymentR 232,998
Total property loan amountR 21,500,000
Total interestR 34,419,285
Total repaymentR 55,919,285
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Agrisell PTY Ltd
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