61 ha Farm in George Rural

LIFESTYLE MEETS SERIOUS BUSINESS ADD THIS PRODUCTIVE AVOCODO AND MACADAMIA FARM TO YOUR PORTFOLIO OR ENJOY THE LIFESTYLE WHILE BUILDING A LEGACY FOR GENERATIONS!

This is an exceptionally attractive 61ha farm, located 10km from George with 25ha of established Macadamias and 14ha of Avocados along with 2 Homes and a managers residence offers

We Are Pleased to Offer For Sale By Public Auction The Property Situated At:

PORTION 1, FARM 227, BUFFELS DRIFT, MOERASRIVIER AH, GEORGE, 6529

ID & proof of residence required for registration.

Date: 12 December 2024

Time: 12h00 (Registration from 10h00)

Venue: Onsite and Online

Viewing: By Appointment, or 2hrs before the auction

SALE OF A SERIOUS NATURE! OFFERS AN INCREDIBLE OPPORTUNITY!

AUCTIONEERS NOTE: This 61ha farm, with 25ha of established Macadamias and 14ha of Avocados along with 2 Homes and a managers residence offers an incredible opportunity in the Heart of the Garden Route!

Get your bidder paddles ready!

Excellent Opportunity to Purchase a well-positioned and developed Macadamia and Avo farm just a short distance from George in the Garden Route. Only a 10 min drive to the George Airport and 15 minutes to George

The farm is 61ha in extent and was previously operated as a dairy farm.

Approximately 7 years ago, 25ha of Macadamias were planted with ridges and micro-irrigation in place.

A further 15ha of Avos were planted a few years later, around 2022, and these were also ridged with micro-irrigation.

A further 8 ha of farmland remains to be developed with 4has of this having been already ridged and micro irrigation installed but no trees planted.

The farm has a total of 7349 Macadamia trees, this is made up of the following varieties: Beaumont, A4, 788 and Intel-Nelmak2. The Avo trees are all the Hass variety and selected from the export market, 6300 Avocado trees in all were planted.

The farm is known to produce a high-quality macadamia nut, which is desirable for export. The macadamias are just starting to come into production and the farm had a crop earlier in 2024 and as the trees mature, the crop volumes will grow significantly.

The Avos tend to come in late in the season (Nov-Feb) which is ideal as it is in a period of High demand and low production. The Avo trees are between 2 3 years of age and have also started to produce.

The farm has sufficient water rights and extracts water from the Witels River, which forms its western border. The water rights allow for 300,000m3 per year, and the 3 Storage dams allow for sufficient storage of water for two years of farming. The average rainfall is 715mm/year.

The farm is being sold as a going concern and production figures and financials can be made available to seriously interested buyers. The entity is VAT registered and thus VAT will apply to this transaction.

Outside of Farming the design of the main farmhouse lends itself perfectly to be used as a Guest House with its excellent location and outstanding views of the Outeniqua Mountain range.

Given the excellent location as well as the age of the trees, this offers an incredible opportunity!

Auction Terms Summary

Onsite Bidder Registration is to be completed at the property before the Auction starts.

Online bidder registration to be completed through our website with a R50,000 refundable deposit required.

10% deposit, plus Auctioneers Fees (5% plus VAT), Advertising of R18,000, and Document fee of R1,150 payable on the fall of the hammer.

Auction Subject to Sellers acceptance.

Full bidder pack available for download on the website.

Full terms and conditions available for review on request.

Subject to change without notice. Right of admission Reserved.

ID and Proof of residence required to register.

Subject to change without notice. Right of admission Reserved.