R4 950 000 | 128Ha IRRIGATION FARM Sold in Waterpoort, Louis Trichardt

This 128.4798Ha farm is located +/- 70km north-west of Louis Trichardt in the Waterpoort area, Limpopo province, South Africa, bordering the west bank of the Sandriver. The farm is located among other successful cash crop farms on the banks of the Sandriver. Access to the property is obtained via the Waterpoort/Kortdraai gravel road. The farm is split in 2x substantial portions, by the Kortdraai gravel road, allowing a 67Ha game fenced area east of the gravel road used to keep limited game numbers. The remaining 61Ha west of the gravel road is used for intensive crop production. The farm is completely fenced.

The property is owned by a South African registered company. The company is VAT registered. Income is generated from crop production and specialises in the cultivation and production of tomatoes. Historical statistics indicate towards an average annual yield of 80-100 tons of tomatoes per hectare, depending on variety and seasonal change. Financial indicators reflect a lucrative average of 28% return on investment.

Considering the challenges and newly established norms created post the pandemic, it was resolved by the owners that, consolidation of business operations is inevitable. Despite the success, the challenges faced as a result of distance and isolation did not allow for the property to remain in the business portfolio and therefore the decision to put the property up for sale.

The property offers 50Ha established arable land, is well equipped and well organised. The property is used predominantly for irrigation farming. 40Ha established arable land is equipped with a modern, ultra-efficient irrigation system and offers additional capacity to expand and extend from current infrastructure. The strategic integrated water infrastructure, include water supply via a 200mm supply line from 7x boreholes as well as direct extraction from the riverbed. Water supply is stored in a large capacity water reservoir, 380 000 litres, and subsequently distributed via a comprehensive rotational irrigation system (160mm mainline) to 39 patches of land totalling 40 Ha. Water rights are secured via a Registered rights certificate at the National registrar, Department of Water and Sanitation. Official formal total tested water supply, from the 7x boreholes, exceed 200 000 litres per hour.

A mix of favourable elements, which include among others, well developed land with purpose fit infrastructure, an abundance of water supply, fertile deep red-brown sandy lime soils, ideal climate, topography, all adds to the success of this farming operation.
Infrastructure is neat and practical whilst safety and security of the residence and work areas is secured by an enclosed and gated electrical fence structure.

The modern main residence boasts 3 bedrooms, all en-suite, an open plan living/dining room/kitchen area, a scullery/laundry, playroom loft, veranda, outside braai pit and 3 vehicle underroof canopy. A luscious greenery, made up of a large lawn, garden, and many large trees adds to an unsurpassed tranquil environment. The garden as well as the domestic citrus orchard is fitted with an irrigation system.

Additional infrastructure and other outer buildings include a 18m² lock up Chemical store, 157m² Packaging store, 18m² storeroom, a 75m² Implement canopy, various other holding areas, and 108m², 12 room, Workers accommodation facility.

The Worker accommodation facility is separated and off-site from the main residential area.

A 67Ha undeveloped piece of land is currently game fenced and used to keep a limited number of Impala, Kudu and Blue wildebeest. Untouched veld-type, best described as tropical bush within a savannah bushveld environment, enable sufficient feed supply for both grazing and browsing of game. This 67Ha piece of land offers the opportunity to be developed and included into the irrigation operation, which will result in an approximate 110Ha of arable land fitted with irrigation.

Tree species found in the area include, Mopani, Red Bushwillow, Corkwood, Purple-pod cluster leaf, Marula, White seringa, Shepperd, Acacia and Baobab. Grass species typical to the area include, Carrot-seed, Mexican feather, Pappus, Pangola, Natal, Ngongoni, Kalahari, Signal, Cane, Guinea, and Buffalo grass.

Property specifications:

PRICING & LAND SIZE (Ha)
 Asking price - R 4 950 000-00 (Excluding VAT)
 Total area – 128.4798 Hectares (1x Registered Title deed)
 Price per Hectare - R 42 808.29 per hectare (Excluding VAT)
 Kindly note that, excluding land, the estimated inclusive value of development &Infrastructure, movable assets and game amounts to;
 Development and Infrastructure: R 4 780 000-00
 Movable assets: R 0-00
 Game & Livestock R 30 000-00
 Total value R 4 810 000-00

OWNERSHIP
 Ownership – Company
 VAT status - VAT Registered
 NOTE – Should the Buyer be VAT registered an opportunity exists to apply for a (0) Zero VAT rate transaction.

ACCESS ROADS, PERIMETER, FENCING & SECURITY
 Access of the Kortdraai/Mopane gravel road
 Access gates and well-maintained control routes(roads)
 128.4798Ha completely Game fenced with 2.4m high 22-line light galvanised wire.
Fenced camps;
 67Ha – Undeveloped, game fenced, used to carry limited Game numbers
 61Ha – 50Ha developed and established arable land - Agriculture (Crops – Tomato)
- 10Ha developed and established arable land (No irrigation)
- 40Ha developed and established arable land (Complete irrigation system)
- 2.8Ha – Residential & Workspaces
 Residential areas – Electrical fenced & gated

SERVICES – ELECTRICITY / WATER
Electricity
 1x Eskom transformer (100Kva)

Water
 Registered water rights – Registered extraction Capacity: 222 000m³ per year / 608 219 litres per day
 7x Borehole (Functional & Equipped) – Tested capacity: 221 900 litres per hour
 Fresh water storage and supply – Elevated Plastic tank
 1x reservoirs - Zink (15mx2.2m – Capacity: 388 000 litre)
 An additional footing/foundation exist for installation of an extra reservoir, should it be required in future.

ACCOMMODATION / FACILITIES

Main residence (230m²) – Fully Airconditioned (5x units)
 3x Bedroom (All en-suite) – External and internal security features
 3x Bathrooms
 1x Open plan - Living /Dining area, with kitchen and office space
 1x Scullery /Pantry
 Loft (Playroom)
 Underroof veranda, fully paved, with braai area
 1x 56m², 3x Vehicle underroof canopy

Recreational & Support structures
 Accommodation facilities safe and securely fenced in - Electrical fence & Gated
 Lawn, garden, and many large trees (Completely irrigated garden)
 Boma & Fire pit
 Citrus orchard (Fenced)
 Poultry pen with Timer storage unit

OUTER BUILDINGS & OTHER SUPPORTING INFRASTRUCTURE

Farm Support
 1x 157m² Packaging store (Underroof, one side cladded & other open sided)
 1x 18m² Storeroom - Tools & Chemicals (Underroof, Bricks & Mortar)
 1x 75m² Implement Canopy (Undercover parking, open sided with soil floor)
 Large parking area – Implements, machinery & equipment
 388 000l Zink reservoir
 Industrial water supply pump station
 Comprehensive state-of-the-art rotation irrigation system feeding into 160mm mainline.
 Mainline supply to 40 pieces of well-ordered land, each measuring > 1,15Ha each.
 Sub-mainline supply to 30 pieces of land, each measuring >1.15Ha.

Staff Accommodation
 108m² - 12 Room area
 Enclosed yard
 Eskom Power supply
 Communal Ablution facility