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R23,500,000

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R5,175 Excl. VAT

Wellington farm for sale

On the lowest reaches of Groenberg, located just 5km north of Wellington, a 59ha production farm has come up for sale. The property is easily accessed via a good tarred road from town and situated in picturesque and quiet countryside.
Currently the farm is planted to ± 26ha of wine grapes with an approximate yield of around 380 tonnes. All vines are under drip irrigation. Further to this, ± 23ha are utilised for cash crops and a vineyard nursery.
Water rights from the Berg River Scheme are registered for 20ha at 5000m³ per ha and this is supplemented by 3 boreholes (± 4000; 3000 & 9000 L/ h). Water storage is via a ± 120 000m³ earthen dam and a big reservoir. There are also 2 municipal connection points available (currently not connected) should the new owner wish to take advantage of this.

Improvements include a new shed complex of over 800m², comprising workshops, office, garages & a residential flat. Added to this is an old shed, some lean-to's and 7 labourers' cottages.
The modern, newly built main house set in beautiful manicured garden consists of 3 bedrooms, 2 bathrooms, kitchen with separate scullery, lounge with fireplace, dining room, braai room and guest toilet as well as a patio with a built-in braai. Here you can spend lazy afternoons and evenings, soaking up the beautiful views.
The farm can be sold as a going concern as the owner is VAT registered. All the farm moveables can be included in the sale at an extra cost of R1 million.

Features

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Zoning:
Agricultural
Exterior
Security
No
Sizes
Land Size
59Ha
Extras
Aspect: Western Slopes • Soil Types: Varied • Average Rainfall: 650mm Mediterranean • Shelter or Trees: Mature around buildings • Water Supply: 20ha Berg River Scheme, 3 Boreholes, Big earth dam • Irrigation: Drip
 
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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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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

327,047.02

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