Monthly Bond Repayment R154,403.46
Calculated over 20 years at 10.0% with no deposit. Change Assumptions
Web Ref No CEMG-0236
Just an hour and a half’s drive from Cape Town, this is the perfect hideaway with river frontage. A lifestyle farm with the potential for development. The area is known as “Eilandia “ for the small islands along the river with access only from these river frontage properties . There are 2 cottages, 1 with 3 bedrooms and the other with 2 bedrooms. There are also 3 campsites for weekenders who can enjoy the river. Fishing allowed (with permits) Currently 5hectares are planted with 3000 olive trees including cultivars Kalamata, Mission, Monzanilla, Frantoio and Leccino. Harvest of 10 to 35 tons per year of which ¾ are used for oil and the balance sold to as table olives. Large storeroom (approx. 500m2) houses the machinery for the oil extraction process and all farm implements. An additional “kitchen” area for cleaning and processing table olives and a small office. There are 1.5hectares under Lucerne and a Lucerne bailer finishes the process. All water is pumped from the river. This property will be sold as a going concern and is VAT registered. Financials are available.