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Ref: 15962234

4 Beds
2 Baths
Bishopstowe Farm For Sale

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R5,000,000 - Bishopstowe
4 Beds, 2 Baths
Ref #: 15962234
Added: 57 Days Ago
Type: Farm
Suburb:Bishopstowe  (in Pietermaritzburg)
Price:R 5,000,000 (For Sale)
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Property Features

  • 4
  • 2
  • 1030000
  • 5
  • 2
103Ha Farm For Sale in Bishopstowe

After 30 years of working the land the owners of this established cane and cattle farm is just about ready to settle into his retirement years. THIS FARM IS UNDER OFFER AND IS AVAILABLE FOR VIEWING BY ANYONE WHO HAS THE CAPACTIY TO MAKE A FULL OR MOSTLY CASH OFFER. 100% FINANCED PURCHASERS WILL NOT BE INTRODUCED AT THIS STAGE. 50 of the farm's 103 hectares is under sugar cane, with another 40 reserved for free grazing land. As part of the purchase are 20 beef cattle (cow and calf, chosen by the Purchaser) as well as all the farm equipment needed to grow and harvest sugar cane:- 2 x Tractors- 2 x Trailers- 1 x Spray Rig- 1 x Ripper- 1 x Cane Loader- 1 x Plough- 1 x RidgerThe main structures and additional features on the farm include:- Main residence with a large lounge, dining room, kitchen, 4 bedrooms and 2 bathrooms, a reception area with loads of storage.- Outside tool shed- Chicken coop currently being used for storage- Enough undercover parking for a boat and 5 cars- Trailer sheds- Cow sheds- Undercover workshop (in need of new thatching)- 2 x Bore Holes- Access to a nearby dam for irrigation- 5 x 5000 liter JOJO tanks that collect rainwaterIf the property transfers before the end of March, the new owner will be able to sell the next harvest of sugar cane for anywhere between R1.5m and R2m - offering an immediate injection of cash back into the repayment of the initial investment.The current owner has made it a requirement of sale that he can live there for free for the first 3 months in exchange for him helping with farm operations, training and the handover to the new farm owner or manager. Excited yet? Then reach out directly to Ken Albon and let's get chatting about the next steps. GPS Co-ordinates and sensitive information will not be provided by unvetted clients and the verification process will include and is not limited to the completion of a basic NDA, as well as the provision of FICA docs and Capital Confirmation.

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Jawitz Properties

» Ken Albon

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Ref: 15962234
Agency Ref(s):RL70149

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