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R52,000,000

Monthly Bond Repayment R501,811.26
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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FRANSCHHOEK WINE, OLIVE, PLUM AND GUEST FARM

Location
This magnificent wine, olive, plum and guest farm is located on the banks of the Franschhoek River in the heart of the exclusive upper Franschhoek Valley and is a mere 1 kilometre from the village, the property commands breath-taking views of the surrounding mountains while offering privacy and tranquillity.
Improvements
The manor house has been built over time with the oldest section dating back to 1694. Offering a formal lounge with log burning fireplace, air-conditioner and wood beamed ceiling, spacious dining room with wood beamed ceiling, lovely entertainers lounge with, built in bar, built in book shelves, log burning fireplace and a private wine cellar. An oversized farm style kitchen with double eye level ovens, log burning fireplace, built in breakfast nook, air-conditioner and a separate scullery, fully fitted study, guest toilet, master bedroom with a large dressing room, full en-suite and an extra dressing area and there are four further bedrooms of which two have en-suites and the other two share a full bathroom. The entertainers lounge leads out onto the large north facing undercover patio with breath-taking views of the Middagkrans Mountain. The kitchen and dining room lead out onto the rear patio that has lovely views of the upper valley and to complete the picture there is a landscaped garden with a large swimming pool commanding 360 degree views.

The manager’s house has an open plan lounge with fireplace, kitchen with free standing stove with gas hob, separate scullery, study and three bedrooms of which the main has an en-suite bathroom and the other two share a full family bathroom.

The six guest cottages consist of two 2 bedroom cottages and four 1 bedroom cottages all of which have an open plan lounge with fireplace, kitchenette and a patio overlooking semi-private landscaped gardens with lovely mountain views. For guests to relax and enjoy those hot summer days there is a private pool area.

The flatlet above the olive production area is open plan with lounge, kitchenette, bedroom, bathroom and a large balcony to enjoy the mountain views over the vineyards. The Deli is designed to seat 80 people both inside and out. The inside area has a wood burning fireplace, reception area, his and her toilets, commercial kitchen and storeroom. The wine tasting venue is part of the Deli building and is fully fitted with serving bar and wine storage areas. Outside there is a rambling lawn with play area for the children.
The olive production area is fully equipped and the building has undercover parking for two vehicles.

Property
Measuring 24.45 hectares consisting of two Title Deeds measuring 13.29 hectares and 9.16 hectares of which approximately 4 hectares is under vine, 4,5 hectares under olive trees and 8 hectares under award winning plum trees. The balance consists of buildings, landscaped gardens, driveways and parking areas. The property falls under the Stellenbosch municipal area. Current zoning is agricultural with agri-tourism for which the property complies with, any further buildings or development would have to be applied for through the normal town planning channels. All the buildings have been well maintained.

Asking price
The farm is being sold as a going concern for an amount of R52 000 000.00 Plus VAT if purchased by a none VAT registered entity.

Features

5
5
Interior
Bedrooms
5
Bathrooms
5
Kitchens
1
Reception Rooms
5
Studies
1
Furnished
No
Exterior
Carports / Parkings
3
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Land Size
22Ha
Extras
Property has a generator.

Franschhoek Rural, Franschhoek

Franschhoek property and real estate has shown strong growth over the last few years. The scenic beauty of the area, the country lifestyle and its proximity to Cape Town all add up to its being a very desirable location for property and real estate investors. Franschhoek is situated in the heart of the Cape Winelands, a pleasant 45 minute drive outside Cape Town. The French Huguenots, who planted the first vines in...
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Cape commuter towns for easy living
You can ditch the city for the country life and still be close enough to the Cape metro, says the Seeff Property Group. Excellent road infrastructure such as the R27 West Coast Road, N7 which now extends to Malmesbury, and the...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Seeff Property Group website is accurate and up to date, Seeff Property Group 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

501,811.26

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