R120,000,000
R120,000,000
A VERY ATTRACTIVE MULTI-PURPOSE AGRICULTURAL PROPERTY FOR SALE
This farm, 665 ha in extent, offers much more than meets the eye. At present the main source of income is the 60 ha of mature Macadamia trees( 10 to 20 years) with micro irrigation installed and 5 hectares of younger trees. There is another 200-250 ha of arable land available for agricultural opportunities including Avocados, Macadamias or any other subtropical crop you wish to establish and with abundant water for irrigation. This property with three Title Deeds has a water allocation of 217.6 ha from the Crocodile River which would allow for at least 430 ha of Macs to be irrigated.
The property offers 9 dwellings in total as well as some worker's accommodation with ablution. Other structures include the pack house with de-husker, sorting tables, and drying bins as well as some sheds and a workshop.
The property will be sold as a going concern which supposes all tractors, vehicles, implements and equipment to be included in the sale. An inventory will be made available to interested parties.
Other streams of income will include the following ;
Apart from the rental income from 8 houses, there is also a very attractive lapa with six chalets on the banks of the beautiful Crocodile River, which if properly maintained as a venue with facilities for any number of functions, gatherings, and meetings, could deliver a healthy income.
The second and more important issue here is the fact the owners have already acquired some of the rights for a housing development on 430 ha on the more hilly and uneven portion of the farm to the south of the tar road. Considering the location of this property just 9 km west of Mbombela on the N4 to Pretoria, there must be tremendous potential in such a project. A number of Kudu, Nyala, and other smaller species of game flourish on the property
The last point of interest is the driving range for golfers also bordering on the N4. Here they have established a Farm Stall with a liquor license.
Taking everything into account this property must inspire any agricultural investor and/or commercial investor to take a good look at this opportunity.
Features
Zoning:
Agricultural
Exterior
Security
No
Sizes
Floor Size
665m²
Land Size
665Ha
Nelspruit Rural, Nelspruit
Nelspruit (CBD and All Major Extensions)
Central Nelspruit is the original part of town and close to the CBD. Many of the large old properties have been granted business rights and converted for office or commercial use. There are some untouched gems in this area for the enthusiastic home flipper or property developer: large family homes sporting original features, set in wild, untamed gardens. Its wide streets...
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