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R 10 600 000 | farm property for sale in paarl

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Property Description

This 2 ha smallholding is located in an established rural neighbourhood, yet minutes away from the town of Paarl with its selection of excellent schools and local amenities. Offering such a good quality of life, Paarl is likely to remain a prime village with good transport links. Zoned agriculture, the Waltham Cross table grapes (0,5ha) and Merlot wine grapes (0,4 ha, delivered to KWV) on this property are an enterprise of which the income covers the costs to maintain it. The grapes are under irrigation with sufficient allocated water from the local irrigation scheme to irrigate them during summer time. A reservoir and borehole are also to be found. A substantial building infrastructure is evident which has the potential to generate a rental income of more than R40 000 per month, excluding the main house. Set in a well-kept garden, the main house consists of 4 bedrooms, 2 bathrooms, a kitchen, dining room, lounge, pantry, a braai entertainment area, a gym area, a washroom, garage and swimming pool. Then there is a 2 bedroom (each with a bathroom) cottage with a TV room/lounge, dining area/kitchen, washroom, indoor braai, and garage. Another house, a 2 bedroom wooden one, has 2 bathrooms, kitchen, lounge and braai room. There is furthermore a house with 3 bedrooms, a bathroom, lounge, kitchen, dining room and pantry. Also on this property is an office building consisting of 8 offices, reception area, a kitchen, and boardroom. There is also a shed. Labourer accommodation consists of 3 living units, each with 2 bedrooms, a bathroom and lounge/kitchen. Eskom is the electricity supplier. This is an interesting smallholding that does tick most of the boxes for buyers seeking a special lifestyle on scenic farmland close to town and at the same time generate some good rental income. Price : R10 600 000,00 (excluding VAT)


Property Details

Purchase Price R 10 600 000

Type of PropertyFarm

Land Size2 m2

Last Updated03 Oct 2020

Rooms

Study8

Kitchen5

Bedrooms11

Bathrooms6

Reception Rooms

Lounges4

Dining Room2

External Features

Swimming PoolYes

Garages1

Property Location

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