Monthly Bond Repayment R426,571.85
Calculated over 20 years at 11.5% with no deposit.
Web Ref No SIR104009
Exceptional Fruit Farm
87 Hectare fruit farm situated near main routes 60 km from Cape Town Airport and Harbour. From a production point of view it is strategically located with the ideal micro climate, good soil and water. Also an early area to reach the European markets with this benefit. Currently 54.7 hectares planted with nectarines, peaches, plums, citrus, apples and almonds. One third is in production, while the other young orchards, with exciting potential, will add to the revenue within the next 2-3 years. Another 10 hectares open arable land. Water rights for 59 hectares, storage dams capacity 181 000 cub/m as well as a borehole delivering 70 000 l/h. Infra-structure developed to all the needs of the production unit. 3 Houses, 2 sheds, staff housing and updated irrigation system. The fruit composition is carefully selected with the focus on the needs of foreign markets as well as distribution of labour, risk and harvesting. The current income is good, and will increase exponentially as young orchards come into production. This is a going concern with movables and pack-house shares included. R40 000 000 (Excluding VAT)