462.4 ha Farm in Joubertina

A farm in the Langkloof

A farm in the Langkloof is for sale for R27m plus Vat, approximately 20km from Herold and 55km from George with three title deeds totalling 462 ha. The farm is Vat registered and sold as a going concern with all its implements. The farming activities includes a 14 ha Vineyard fed by drip irrigation. Water on the farm is stored in eight certified dams and cattle. Water is also received from a fountain at the rate of 42 hours every 7 days. Water piped out of the dams could potentially irrigate 75 ha with the aid of two pumps, one installed 37 kw pump and one 18 kw mobile pump. 5 Eskom power Transformers of 110 kw each is

installed, servicing the whole farm.

The Vineyard production is the following:

Cultivar Average Harvest R/Ton Income Potential p/a 2ha Sauvignon Blanc 8 ton +/- (weather

depending) R12,000 R96,000

4ha Shiraz 12 ton +/- (weather depending) R16,000 R192,000

8ha Cabernet Sauvignon 24 ton +/- (weather depending) R18,000 R432,000

The grapes are transferred to another farm for further processing, therefor it has a ready market.

This is not a guaranteed contract/agreement with the sale of the farm, it will depend on selling price, etc.

A further income is derived from the cattle:

Breed Farm Carry Capacity R/Animal on weight Income Potential

Beef Master / Bonsmara 150 Cattle (100 cows) R12,500 R1,250,000

*Dependant on reproduction rate and time and weight that calves are sold, as well as rainfall and camp management. Average reproduction rate = 80%. Income potential of all calves are sold every season.

There are a further two main dwellings each comprising of 5 bedrooms and 2/2.5 bathrooms and 5 garages. A further 10 laborer

cottages, between 2/3 bedrooms/one bathroom each. They need various degrees of repair/upgrades. The dwellings could become a rental income resource. Lastly, there is a very large shed of 1200 m2, (with a tennis court inside), a wine tasting facility, (a liquor license is naturally in the name of the present owner), a building used as a school. A registered game fence for

Springboks were erected on a 100ha piece of the land. The farm is further devided into 21 camps.