Property features

R15 000 000

Property Details

LUCRATIVE INVESTMENT OPPORTUNITY - 128 HECTARE FERTILE AGRICULTURAL LAND AND DEVELOPMENT PROPERTY IN RAPPIDLY EXPANDING AREA AT HAMMANSKRAAL

128 Hectare - lucrative dual purpose investment opportunity. Ideal for both agriculture or high-density housing.

Fertile agricultural land also ideal for development of high-density housing in the rapidly expanding area adjacent to Hammanskraal where there is a huge demand for additional housing.

Water rights from the Apies River.

****** Option of a reduction in sales price - should purchaser not require the centre pivots systems currently installed and in use on the farm.

DETAILED INFORMATION:

• Eskom – 300 KVA
• 3 Bedroom homestead with rondavel (plus incomplete flatlet)
• Well-built shed (70m x 15m) with 3 phase electricity
• Farm shop
• 4 Assistant’s houses
• Further outbuildings
• Various pump stations:

  30 kw river pump station pumps 150 cubic meter of water from Apies river to large holding dam, that stores enough water for 10 days of use.

  55 kw dam pump (150 to 180 cubic meter per hour)

  15 kw dam pump (65 cubic meter per hour)

• 4 Centre pivot systems in use:

  5 Tower pivot (22.50 hectare) crop rotation – wheat/soya/mealies etc;

  4 Tower pivot (16 hectare) – established lucerne (planted in Sept 2020) – with expected lifespan of 5 to 6 years;

  3 Tower pivot (9 hectare) – established lucerne (planted in Sept 2020) – with expected lifespan of 5 to 6 years;

  3 Tower pivot (6.50 hectare) – established lucerne (planted in Sept 2022) – with expected lifespan of 5 to 6 years.

• Crops planted using crop rotation method, yield 2 crops per year with a long-term average of:

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  Wheat (6.5 ton)
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  Soya (4.5 ton)
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  Mealies (12 ton)
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  Sugar beans (3 ton)
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  Cotton (6 ton)
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  Potatoes (40 ton)
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Established lucerne yields:

Approximately 9 to 10 cuttings per year – dependant on the weather
Average of 900 to 1 000 bales per hectare per year (i.e. 22 to 25 ton lucerne per hectare)
Established annual lucerne yield of farm is 31 000 bales.
Price per bale is R60 (summer) to R100 (winter) per 22 to 25 kg bale.

Kindly contact agents for an appointment.