Property description

356 Hectare Farm with Irrigation (with Water Certificates and Water Rights in place), Grazing and Dry Land close to Potchefstroom, North-West Province, South Africa.

Price: R29,950,000 VAT Excluded

Methods to buy the farm:

1. Cash, that is available without a prolonged waiting or notice period. 

2. Financing, but requires the Buyer to have at least 50 % cash deposit readily available.

3. No rent-to-buy options will be considered for this farm.

Irrigation certificates stating water sources and water rights are in place. Irrigation takes place out of 2 water sources: a river and a canal. 

Additional water supply from several boreholes on the farm.

A total of 63 ha land under irrigation of which 12 ha is new Lucerne and the rest established Lucerne.

A total of 2 ha Pecan nuts with Lucerne, irrigated with sprinklers.

A total of 193 ha of natural grazing. 

A total of 73 ha planted Oulands/Eragrostis grass.

A total of 20 ha planted Teff grass.

Several hectares of arable/dry land for growing crops.

The farm has a gradual slope in different directions.

Soil analysis indicates the presence of various soil types.

Water drainage is good, and no erosion is present.

Several structures and buildings ideal for livestock. 

Livestock handling facilities.

Several camps ideal for livestock.

Several waterholes, cement dams, ground dams and drinking points located in the camps.

Several houses and other buildings ideal for a family, farm manager, laborers and more.

Electricity provided by Eskom with 1 x 50kva and 1 x 100kva transformers. 

Summary:

This farm offers a sound balance of irrigation, grazing and dry land and has sufficient structures and buildings in place to house and manage livestock and more.

This farm has been well-managed, as a business, by the current owners. If purchased as a going concern the new owner can reap the benefits of an already established and successful business.

Please Note:

1. The Seller is a Registered VAT Vendor. VAT is not calculated and indicated in the Advertised Selling Price. 

2. The farm has been successfully operated as a business for many years. 

3. The possibility exists to purchase the farm, livestock and implements as a going concern and thereby also exists the possibility of a zero-rated transaction.

4. The livestock, implements and other assets can be negotiated and purchased separate and do not form part of the Advertised Selling Price.