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R 28 500 000 | farm property for sale in paarl

Property Description


This historic estate situated in the middle of the Winelands has a carefully restored homestead set in between vineyards and orchards against a backdrop of magnificent mountains. The premises are leased to a health care center, catering for overseas patients, which lease is terminating on 01 November 2021. Because of the Covid-19 crisis and the lockdown of the international borders, this lease is in the process to be revised. Before October 2017, a well-established 5* boutique hotel with 13 hotel suites, a conference facility and a wedding venue was established on the property. Some of the hotel and venue furniture and equipment are carefully stored and can be purchased separately. The new owner can decide to negotiate a new lease or to re-start the hotel. Size: 18.9 Ha Historic Main Homestead: 7 guest rooms en-suite - lounge - formal dining - office - cloakroom - covered terrace for dining - commercial kitchen Cape Dutch House: 4 guestrooms en-suite - large presidential suite Reception Building: 2 guest cottages - managers apartment - reception - office Owner’s house: lounge - dining - 2 bedrooms ensuite - open plan loft study Manager’s Cottage / Barn: lounge/dining - kitchen - 2 bed - 1 bathroom State of the art underground wine cellar used for functions up to 100 people Park-like gardens with large swimming pool - herb garden - show garden - wedding gazebo - pool building with sauna Utility building with 6 garages - store - laundry - workshop - look-out deck Wedding chapel Building with wine storage - cold room Implement shed 12.5 Ha of vines (Merlot - Shiraz - Chardonnay - Chenin Blanc) averaging a harvest of R 150 Ton 2.66 Ha of Guavas averaging a harvest of R 110 Ton Water scheme for irrigation Bore Hole 8 000 ltrs/Hr Municipal water for domestic use R 28 500 000 VAT at zero-rating


Property Details

Purchase PriceR 28 500 000

Type of PropertyFarm

Last Updated04 Aug 2020

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Agent

Francis Vanderlinden

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