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R19,000,000

Monthly Bond Repayment R205,904.34
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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OLIVE ESTATE IN TULBAGH, RURAL

Location: Situated on the slopes of the Winterhoek Mountains between Porterville and Gouda, offering an ideal terroir for olive cultivation.

Land Use:

-35 hectares planted and irrigated.
-15 hectares of arable land with water.
-25 hectares of arable land without water.
-Registered water usage rights for both summer and winter.
-Earth dam with a capacity of 110,000 cubic meters.

Cultivars: The farm features a variety of olive cultivars including Frantoio, Nocelarra, Mission, Kalamata, Coratina, and FS 17, covering different areas of the property.

Infrastructure:

-State-of-the-art olive press with all necessary equipment.
-Shed and canopies housing plant and equipment.
-Spacious architect-designed farmhouse with six bedrooms, five bathrooms, large open-plan living areas, pantry/scullery, and a games room.
-Air conditioning in all rooms.
-Beautiful pergola and shaded seating area beside the dam for recreation.
-State-of-the-art security features including electric fencing, cameras, and alarm sensors.

The farm is a going concern with a well-established brand of olive oil (Adante) and has the potential to expand to 50 hectares in production.

This property seems to offer a combination of agricultural productivity, modern amenities, and scenic beauty. It would likely appeal to individuals or entities looking to enter or expand in the olive farming and oil processing industry, or those seeking a rural lifestyle with income potential.

DISCLAIMER
All descriptions advertised digitally or printed in regards to this property are the opinions of Seeff and their employees with any additional information advised by the seller. Properties must be viewed in order to come to your own conclusion 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 and no warranty can be given or implied as to their working order.

Features

6
5
1
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
5
Kitchens
1
Reception Rooms
2
Studies
1
Exterior
Garages
1
Carports / Parkings
4
Security
Yes
Pool
Yes
Sizes
Land Size
80m²

Tulbagh Rural, Tulbagh

Tulbagh is a quaint town nestled in the Witzenberg Municipality at the Northern end of the Breede River Valley.Situated in a valley, the town is characterised by a picturesque countryside, with greenery that stretches as far as the eye can see. Cape Dutch architecture makes Tulbagh suburb particularly famous, with its whitewashed walls, thatched roofs, and ornate gables. Many of the buildings in the suburb date...
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While high-end wine farms are a bit slow to sell these days, Kevin Layden, Seeff agent for farms in the Stellenbosch and Boland areas note that boutique wine farms are experiencing high demand, especially to around the R30...
 
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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:

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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

205,904.34

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