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R25,550,000 | 60Ha Farm For Sale in Wellington Rural

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R25,550,000

14462 Old Hermon Road, Wellington Rural, Wellington

Monthly Bond Repayment R276,887.15
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R2,900

Wellington Farm With 360 Degree Views

On the lower slopes of Groenberg, with views to Table Mountain, this farm is easily accessed from Wellington, only 6km away on a tar road.

The spacious (420sqm) modern farmhouse was built only 8 years ago and comprises 4 bedrooms, 2.5 bathrooms, and a spacious open-plan living area with a fireplace. A cosy stoep is perfectly situated on the Western side of the house to enjoy the lovely manicured garden and faraway sunset views. Many large oak trees and huge fig trees are a feature of this farmyard.

The relatively new 820 sqm shed/barn/warehouse is only 50m away from the main house and contains a flatlet (where the farm manager lives), a storeroom, a double garage with a remote-controlled roller door, a workshop, and an office. It contains all the farm equipment and tools, which will be a negotiated part of the sale of the farm as a going concern. An additional, older building contains 2 open garage spaces as well as a storeroom.

The farm has 26ha water rights from the Berg River Scheme, which is used for irrigation. The main borehole delivers 8000 l/hr and is mainly used for household water. Two other boreholes are not currently actively used. The reservoir (cement) dam, as well as four YoYo water tanks, (also on the farmyard) are always kept full to capacity. The large earthen dam contains 120,000m3 water and fills up in winter from rainwater. Rainfall in the area is an average of 600 - 700mm per year.

Grapes harvested from the 24.7ha vineyards (Shiraz, Cabernet Sauvignon, Merlot, Pinotage, Chenin Blanc) are delivered to the Wellington Wine Cellars; 1 ha of land is dedicated to a rootstock nursery.
Other cash crops currently cultivated are sweet potatoes, butternut, and cabbage.

This is a labour-intensive farm so the 16 farm workers all live on the farm in 7 farm cottages. Only one of the people living on the farm does not work on the farm (due to her age).

This farm is sold as a VAT-registered going concern. Should a VAT entity buy the farm, then it is a zero-rated transaction.

Features

4
2
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchen
1
Reception Rooms
2
Study
1
Furnished
No
Exterior
Garages
2
Security
Yes
Parkings
2
Flatlet
1
Domestic Accomm.
7
Pool
No
Scenery/Views
Yes
Sizes
Land Size
60Ha
1
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