30Ha Farm For Sale in Cove Rock

R16,000,000


Monthly Bond Repayment R154,403.46
Calculated over 20 years at 10.0% with no deposit.
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Web Ref No CELW-2882

Prime Farm with sea views

Chas Everitt International Property Group East London is proud to present one of the finest farming areas situated on the East London coast

The farm consists of 2 farms, 26 hectare and 4.50 hectare with the Hickmans river boundaries on both farms. There are some lovely yellow wood and other indigenous trees growing along the cliff fence.

Both sections of land are in lie zoning footprint, cove rock country estate which is the neighbor east are developing on 2 sides of the boundary. EL municipality has registered servitude along the marine drive road for water and sewage

This farm is well suited to a developer in that they can connect to municipal services without incurring any installation costs. The farm has 2 bore holes and both deliver good water but they are currently not in use.

The farm is supplied with 3 phase electricity from Eskom. Both portions of the farm are game fenced but not electrified. There are about 40-50 impala on the farm and some other buck.The buck will be sold with the farm.

The original farm family home is a solid double story with a slate roof - upstairs is the main living area it is a beautiful thatch entertainment area, small plunge pool.

Situated upstairs on a timber deck and a large braai leading out from the entertainment area.


Years ago the large house and some of the outside buildings were changed into small generating flats and those could be used as a B&B / to house extended family.

The outside of the building consists of 10 garages, one double carport, one large farm workshop. There is an option to convert the workshop into a 3 bedroom house or even horse stables.

There are three offices newly renovated with a boardroom, 2 bathrooms and 1 kitchen

The farm entrance is off the marine rive and the farm road is concrete strips leading through an impressive thatch entrance with remote sliding gates to the farm house.The main farm house has about 2 meter high faced brick an pallistate wall with an electric gate. The top of the wall is electrified with an alarm siren.

The house alarm has 2 side beams and is wired to 5 garages which is monitored by a response company. The grand old house was built very well and is about 70 years old and has no structural damage

This is a magnificent property close to town and close to the airport with beautiful sea views and a view of Cove rock.

Features

Land Size 30Ha

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