PAARL: Wine grapes

This wonderful 70 ha farm is located in the Klein Drakenstein valley with a dramatic mountain backdrop. It is a neat and well maintained property where farming activities consist of 44 ha wine grapes. Another 1,5 ha is suitable for future agricultural use, while the remainder of the farm is made up of roads, buildings, an earth dam, a concrete dam, a river stream and mountainous area. The vineyards are under drip irrigation from which an average yield of 500 tons is achieved. The 6 boreholes supply ample water. Electricity is supplied by the municipality.Buildings include a lovely renovated 3 bedroom/2 bathroom main house (anno 1802) set in a beautiful garden among old trees, a house, a large shed as well as staff accommodation for 5 families (occupied). There is furthermore a fully equipped wine cellar which will enable the new owner to add value to his grape crop by making wine under his own label. However, the wine cellar has last been used by the current owner in 2008.The farm is registered in the name of a CC which is VAT registered. It will be sold as a going concern.For sale for R23,750,000.00