R 37 000 000

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52.4 ha Farm in Paarl

20 15.5 52.4 ha 400

Sporting Events, Accommodation, Water, Restaurant, Kids Parties.

Vendor finance opportunities can be explored with the owner. The owner has diversified this property to allow for multiple income streams. This commercialized property on the Du Toitskloof Pass Road (R101) lies on both sides of the busy N1 toll road and the R101 for almost 2km. Tunnels under both roads create the ideal opportunity for various sporting events as they offer safe crossing of these roads. The profit centers are as follows:

WEDDING & FUNCTION The function venue can seat up to 300 guests and there is enough space for a marquee tent to be erected outside.

RESTAURANT & KIDS PARTIES There is a huge undercover KIDS party facility.

The restaurant is currently not operating.

EXPO, ARTS & CRAFT MARKET Permanent Expo, Arts & Crafts Market zoning approved and are not operational yet.

WATER - Quality natural Mineral water with CSIR certification and a small water filtering facility.

- At least 100,000 liters of unfiltered water can be supplied per day.

- Existing underground irrigation system.

- Water rights from the government irrigation scheme allow 61 hours of water every 10 days for agricultural use.

- 5 boreholes.

- 3/4 dams.

DURING EXTREME DROUGHT CONDITIONS THERE WAS A 2-YEAR AGREEMENT IN PLACE TO SUPPLY 100,000 LITRES OF WATER PER DAY TO A BOTTLING COMPANY an opportunity with enormous potential to explore.

ACCOMMODATION

- 9 dwellings of which 8 are leased out and the 9th will be leased out.

- 7 staff houses

FARMING INCOME

- via lease agreement of a small section

ADVERTISING BOARDS INCOME

The agreement has been signed and is in the final stages with a national advertising company to erect 2 advertising boards for millions of people passing N1 and R101.

- This offers a monthly income stream

LEARNING CENTRE

- Not Operational

APPROVED ZONING RIGHTS & LICENSES

- Arts & Crafts/Expo Market

- Hosting of events sporting events, musical festivals, etc.

- On-site food processing.

- Restaurant/ Deli and Road Stall

Dont hesitate to contact us for more details of this amazing opportunity.

Property details

  • Listing number T4368809
  • Property type Farm
  • Erf size 52.4 ha
  • Floor size 400 m²
  • Rates and taxes R 5 435

Property features

  • Bedrooms 20
  • Bathrooms 15.5
  • Pet Friendly
  • Access Gate
  • Built In Cupboards
  • Scenic View
  • Staff Quarters
  • Storage
  • Study
  • Entrance Hall
  • Kitchen
  • Irrigation System
  • Borehole

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