87Ha Farm For Sale in Wellington Rural

R45,000,000

Monthly Bond Repayment R487,668.18
Calculated over 20 years at 11.75% 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 58 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 25 hectares open arable land. Water rights for 59 hectares with boreholes and storage dams for another 20 hectares. Infra-structure developed to all the needs of the production unit. 2 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 included. R45 000 000 (Excluding VAT)