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R 7 900 000 (470 238 EUR*)

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± 333 ha

This 333.872Ha farm is located +/- 70km north-west of Louis Trichardt in the Waterpoort area, Limpopo province, South Africa The property borders the west bank of the Sandriver in the west and the Kortdraai gravel road on the east. The farm is located among a number of other successful irrigation farms on the banks of the Sandriver. Access to the property is obtained via the Waterpoort / Kortdraai gravel road.

The property is owned by a South African registered company. The company is VAT registered.

Income is derived from the cultivation and production of limited growth tomatoes, and sweet potatoes. A favourable climate and growing conditions allow for early season, mid-season, and late season harvests. The benefit of an early season and/or late season harvest is associated with above average mid-season market prices.

Historical statistics, depending on variety and seasonal change, indicate towards a lucrative return on investment per production (plant) cycle, see table below;

Crop type Year 2 Year 1 Current

Tomatoes
Number of Hectares planted 4.0 7.0
Average yield per hectare (Ton) 78.0 47.0
Total yield 312.0 329.0

Sweet Potatoes
Number of Hectares planted 23.4 17.8 15.6
Average yield per hectare (Ton) 36.0 42.0 Harvest in process
Total yield 842.4 747.6


The farming operation is well organised and equipped with a modern, ultra-efficient irrigation system. Additional capacity exists to expand the current 38Ha developed arable land with a further 40Ha, allowing for a potential 78Ha arable (production) land.

Crop production is generated from 38Ha established arable land. A total of 32.8 Ha is developed and equipped with drip irrigation. An additional 5.2Ha of land is developed and ready for installation of a drip irrigation system. An integrated water infrastructure, include water supply directly from 3x boreholes. Water supply is distributed via a comprehensive rotational irrigation system (160mm-125mm mainline) to 21 patches of land totalling 32.8 Ha. Total tested water supply, from the 3x boreholes, exceed 152 000 litres per hour. An additional 10 patches of land exist which are ready for installation of drip irrigation.

The mix of favourable elements which include among others, well developed land, a 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 residential is complete electrical fenced and set within a a greenery which consist of large perennial tress and a large lawn.

Accommodation infrastructure include a main residence and separate flatlet.

The 440m² Main residence boasts 5 Bedrooms, 2 Bathrooms, a Kitchen, Dining room, pantry, Large lounging area, and sizeable enclosed verandas at the front and back entrances of the residence.

The modern 150m² Flatlet offers a large open plan Living /Dining area, Kitchen, Pantry, and spacious bedroom with en-suite bathroom. An undercover parking facility allow for 3x vehicles.

Additional infrastructure and other outer buildings include a 18m² lock up Chemical store, 18m² Butcher store with Cold room, 200m² Wash plant and Pack house, a 200m² Implement canopy, 10 Room Workers accommodation facility. The Worker accommodation facility is separated and off-site from the main residential area.

Apart from the 38Ha arable land a further 295Ha undeveloped piece of land exist which is currently used as a grazing filed for 30x head of Bonsmara cattle. Animal handling facilities include a gathering area “Kraal”, load and offload ramp as well as a single-line passage. The single line passage is used to spray “dip” or when circumstances require any other one-on-one process.

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 8 950 000-00 (Excluding VAT)
 Total area – 333.872 Hectares (1x Registered Title deed)
 Average price per Hectare - R 26806.68 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 8 458 435-00
 Movable assets: R 0-00
 Game & Livestock R 0-00
 Total value R 8 458 435-00

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)
 310 Ha completely fenced in with 4x Cattle grazing camps and arable land isolated.
 A further 20Ha not fenced – Densely populated are forms part of the river front and used for intensive grazing
 Residential areas – Electrical fenced & gated

SERVICES – ELECTRICITY / WATER
Electricity
 1x Eskom transformer (50Kva)

Water
 Irrigation - 2x Borehole (Functional & Equipped) – Tested capacity: 57 000 litres per hour
 Irrigation - 1x Borehole (Not equipped) – Tested capacity: 95 000 litres per hour
 Domestic use – 1x Borehole (Functional & Equipped) - Fresh water storage and supply via elevated Plastic tank.
 Additional irrigation – 7x Well in riverbed (Functional & Equipped) – Not in use
 An additional footing/foundation exist for installation of a Zink or Cement reservoir – Equipped with a filter bank and pump system.

ACCOMMODATION / FACILITIES

Main residence (330m²) – Airconditioned
 5x Bedroom
 2x Bathrooms
 1x Kitchen
 1x Dining room
 1x Pantry
 1x Lounge (Fitted with a Fireplace and timber cladded walls)
 2x Enclosed veranda (Front & Back)
 Underroof veranda, concrete floor

Flatlet (150m²) – Airconditioned
 1x Bedroom
 1x Bathrooms
 1x Kitchen
 1x Open plan – Living/Dining room
 1x Pantry
 1x Veranda

Recreational & Support structures
 Accommodation facilities safe and securely fenced in - Electrical fence & Gated
 Lawn, garden, and many large trees (Completely irrigated garden)
 Carport – 3x vehicles
 25m² Shade net covered Green-house (Domestic use)
 Lean-to Storage area
 Chemical store
 Butcher store fitted with Cold room

OUTER BUILDINGS & OTHER SUPPORTING INFRASTRUCTURE

Farm Support
 1x 200m² Wash plant & Packaging store (Underroof - open sided)
 1x 200m² Implement Canopy (Undercover parking, open sided with soil floor)
 Large parking area – Implements, machinery & equipment
 Industrial water supply pump station
 Comprehensive state-of-the-art rotation irrigation system feeding into 160mm mainline.
 Mainline supply to 32 pieces of well-ordered land, most measuring > 1,30Ha each.

Staff Accommodation
 5x Brick & Mortar Workers houses – 10x Rooms
 Enclosed yard
 Eskom Power supply
 Communal Ablution facility



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