R13,000,000
Monthly Bond Repayment R138,635.85
Calculated over 20 years at 11.5% with no deposit.
Change Assumptions
R3,000
Mixed-use Wine-grape, Citrus & Olive Farm in Breede River Valley
Mixed-use Wine-grape, Citrus & Olive Farm in Breede River Valley
This large 98.1530 ha wine farm on level land in the picturesque Breede River valley is, 32km from Worcester, 13km from Wolseley, and 32km from Wellington, off the R43, between the Elandsberg and Wittebrug mountain ranges with nature reserves as a majestic backdrop.
A large portion of the farm is under irrigation with arable land which was renowned for it's red and white grapes with vines consisting of 6 different cultivars, on 29.55 ha of prime land which was producing an average of 16.21 ton/ha (2023) ranging in age from 1991 to 2014. There is a further 9.4 ha planted to Olives and 9.7 ha to Citrus. 3.5 ha seasonal crops and herbs, and 23 earth dams covering 5 ha for growing Hawthorn (Waterblommetjies / Cape Pondweed) and 30 ha fallow lands are included. The balance of the land is used for roads, infrastructure and another irrigation earth dam.
Detailed Field Information is available from the agent.
Registered water rights include water off:- the Darlingbrug Irrigation Board scheme (133,900 m³), borehole ground water (50,000 m³) and surface water (190,000 m³) as well as an earth dam with a capacity of 20,422 m³ total 373,900m³. There are 4 cement reservoirs, 2 of which are used to gravity feed water when pumping from the Breede River. In all the recorded droughts, this farm has never been in short supply of water.
The experts suggest an average of 4,500m³ water is needed per ha for different crops. This therefore equates to 83.09 ha that can be irrigated. (373900m³/4500m³).
This area experiences moderate climatic conditions, without extremities like hail & frost. Receiving a median of 254mm of rain per year and because it receives most of its rainfall during winter it has a Mediterranean climate. It receives the lowest rainfall (3mm) in Jan, and the highest (53mm) in Jun. The average midday temperatures range from 13.8°C in Jul to 26.7°C in Feb. The region is coldest during Jul with a min of 2.6°C.
3 Phase electricity is from Eskom.
Infrastructure on the farm includes a large main house (360 m²) 5 Bed, 3 Bath with swimming pool, a managers house currently occupied by an elderly couple (125 m²) 3 Bed, 2 Bath, Bachelors cottage of 80m², Staff housing x 6 (450 m²), Production shed / Old wine cellar (625 m²), Workshop (145 m²), Implement storage (90 m²), Utility sheds, horse stables, and stores (180 m²).
The old wine cellar could be used as a pack house, production facility or converted into a function venue.
Implements / equipment and vehicles with a value of +/- R717,000 are included in the Price.
There is a lease agreement with Wolseley Wind Farm (Pty) Ltd to operate / monitor wind power which provides further annual income.
There are no registered Land Claims against this property.
The company that is selling the farm is Vat registered and can be purchased instead. There are therefore different options / savings to consider. Sold as a going concern, enabling transaction to be Zero-rated.
The price excludes Vat, which could be 0%.
The elderly couple living in the manager's house wish to remain on the farm if possible.
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Winelands • Cellar Outbuildings • Irrigation FarmGet Email Alerts
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