R6,450,000

Farm for sale in Paarl Rural

Farm For Sale In Paarl Rural

On the lower foothills of the Drakenstein mountains this scenic 10,3 ha farm on a tar road is only 9 km from Paarl town and even closer to the N1.

The red & white grape vineyards Cabernet Sauvignon 3,9ha, Chenin Blanc 0,9ha and Chardonnay 2ha produced 35 tons, 4,8 tons and 3,8 tons respectively in 2018, all sold to Boland Cellar. These are complimented by 680 mature olive trees (Mission & Manzanilla), a perfect combination on a manageable lifestyle farm for the budding garagista or exclusive small scale olive oil producer. The farm is slightly elevated with unsurpassed views in every direction.

The "opstal" area has a 2 year old electric fence with alarm; the three dwellings are dilapidated but could be renovated to serve as a labourer's cottage or storeroom. Water is from a borehole and Escom electricity is on a prepaid meter to the current caretaker's dwelling.

The owner's first choice is to sell two shares of 24% for R2,5m each, for which you may build your dream house on the farm, and then (preferably) reside there permanently. An equitable distribution of the grape and olive harvests will be negotiated.

Alternatively the farm can be bought outright for R6,45m.

And then a nice money saving bonus: the owner is a conveyancing attorney and will handle the transfer process himself, and for a full price offer at R6,45m will waive his transfer fee, a saving of approximately R61000, or R31000 saving when buying a 24% share.

 

Property Type
Farm
Stand Size
10ha
Type - Lifestyle
Yes
Water - Borehole
Yes
Electric Fencing
Yes
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Get to know Paarl
A mere hour’s drive from Cape Town lies the beautiful town Paarl - a unique small town known for its beautiful landscape, excellent wines and incredible architecture.
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farm listed on 28 May 2018