Bedroom Property for Sale in Lusthof R15 000 000. 08 Feb 2023

Property features

R15 000 000
Bedrooms
Bathrooms
Living Room/s
Garage for car/s

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: - Wheat (6.5 ton) - Soya (4.5 ton) - Mealies (12 ton) - Sugar beans (3 ton) - Cotton (6 ton) - Potatoes (40 ton) 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.