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R52,450,000

Monthly Bond Repayment R568,404.35
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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FARM FOR SALE IN GEELHOUTBOOM WITH DIVERSE INCOME OPPORTUNITIES

This new to market picturesque farm, located in the highly fertile and sought-after Geelhoutboom agricultural area, sprawls over 110 hectares , with an incredible 1.4 kilometers of Wittels river frontage.


The land itself is a farmer's dream, suitable for cultivating any vegetable product with remarkable success. The owner to date has dedicated their efforts to growing broccoli and cauliflower, which thrive in the rich soil and also a bit of dairy farming. The farm is not limited to vegetable and dairy farming alone. There are eight spacious chicken coops, each covering 36 square meters that can comfortably accommodate approximately 400 chickens per cage. This offers an excellent opportunity for expansion into the poultry market.   The farm has approximately another 30 hectares of arable land, that are currently not used.


To facilitate the farming operations, two center pivot irrigation system are  included in the sale. Covering an impressive 56 hectares, this automated system ensures efficient and precise watering of crops, maximizing yields and minimizing water consumption. Furthermore, an additional 32 hectares benefits from natural irrigation, capitalizing on the farm's unique landscape and water features.


What makes this farm even more valuable is the water rights that are in place, allowing for the extraction of 85,000 cubic meters of water. With such abundant water resources, the possibilities for agricultural endeavors are endless.
A sense of community is fostered on the farm, with the presence of seven laborers' cottages that could house up to 14 people. This allows for the availability of a dedicated workforce, ensuring the smooth operation and management of the farm's various enterprises.


The farm is also equipped with essential utilities and infrastructure. Three-phase electrical power provides reliable electricity supply to meet the demands of the farming activities. Additionally, an 8-hectare crusher quarry presents a huge opportunity for revenue diversification, catering to local construction and infrastructure projects.


In summary, this remarkable 110-hectare farm in the geographically blessed Geelhoutboom agricultural area offers an abundance of possibilities for a passionate and ambitious farmer. With its stunning river frontage, ample water rights, versatile agricultural potential, advanced irrigation systems, poultry infrastructure, laborers' cottages, and supplementary revenue streams, this property is a true gem awaiting a visionary owner to continue its legacy of success and growth.

Features

4
2
4
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
4
Flatlet
2
Sizes
Floor Size
540m²
Land Size
1,080,000m²
Extras
Near Airport • Country Side • Open • Near Medical Center • Prefabricated • Near Schools • Garage • Near Shops • On Quiet Road • Near Hospital • Shower • En-suite Bathroom • Brick • Entrance Hall • Safe Location • Near Golf Course • NorthWest • Covered Parking • Veranda • Mountain • Water - Tank • Built In Braai • Open fire • Unfurnished
 
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Disclaimer: While every effort will be made to ensure that the information contained within the EXP Realty website is accurate and up to date, EXP Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

568,404.35

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