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R16,800,000

Monthly Bond Repayment R182,062.79
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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MIXED USE FARM WITH DEVELOPMENT OPPORTUNITIES

Situated on a hill close to the Boland town of Malmesbury lies this 236ha mixed-use farm overlooking the Valley with breathtaking views all the way to Table Mountain. The farm consists of two title deeds and is also close to the urban edge, so perfect to be rezoned for housing development. Currently, the farm is planted with 107ha of grapes, of which 76ha of red and 31ha of white grapes. The grapes are very sought-after bush vines on dry land farming. The current production is on average about 7 tons per ha. Various cellars buy their grapes. The balance of the land consists of 128ha of grazing land with a carrying capacity of about 100 head of cattle. The grazing fields are also planted annually with a mixture of oats and barley.

The property has two houses situated close to each other, as well as various storerooms and sheds. The main house is off-grid with a 16Kw inverter and lithium batteries. The second house is currently rented out. All buildings are situated within the electric-fenced area. Only the 6 laborers' houses are situated outside of the secured area. The farm has 2 Eskom points that supply electricity.

Water comes from 2 boreholes, supplying a total of 1500L per hour. The small dam is filled with a perennial fountain.

The farm is sold as a going concern with some implements included in the sale. The cattle can be purchased separately. The Seller is VAT registered.

Disclaimer

All descriptions advertised digitally or printed in regards to this property are the opinions of Seeff Properties and their employees with any additional information advised by the seller. Properties must be viewed in order to come to your own conclusions and decisions. Although every effort is made to ensure measurements and information are correct, please check all dimensions and shapes before making any purchases or decisions reliant upon them. Please note that any services, appliances or heating or cooling systems have not been tested by Seeff Properties and no warranty can be given or implied as to their working order. "

Features

4
2
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
1
Reception Rooms
3
Studies
1
Exterior
Garages
2
Security
Yes
Domestic Accommodation
6
Sizes
Land Size
236Ha

Malmesbury Rural, Malmesbury

About 65km north of Cape Town, you'll find the historic town of Malmesbury, located in close proximity to wine farms and surrounded by wheat fields, mountains and summer flowers. Located in a scenic part of the world known as the Swartland Wine Route, Malmesbury offers wine tasting, good food and opportunities for some superb hiking. Since its inception, Malmesbury has been a community characterised by farming, and...
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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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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

R
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Monthly Payment

182,062.79

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