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R57,200,000

Monthly Bond Repayment R600,174.44
Calculated over 20 years at 11.25% with no deposit. Change Assumptions

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238HA COMMERCIAL CITRUS, MANGO & CROP CULTIVATION FARM

This farm is fully operational with extensive infrastructure and versatile farming potential. Further, it is strategically located near Tzaneen and 50 minutes drive from the world renowned Kruger National Park. The farm is well-positioned and surrounded by other commercial citrus, mango, macadamia and blueberry export farms. It boasts beautiful mountain scenery.

The farm consists of 4 separate title deeds (238 hectares in total). Access to the road is via a tar road from Tzaneen and inner dirt roads which are kept in good condition.

The soil type in the area is mostly loam/clay in texture with good irrigable quality. This would be suitable for almost all crop vegetables planted during applicable seasons.

An abundance of water is sourced from a small river, mountain run-off and 13 fitted boreholes. Some water is stored in concrete and earth dams.

TREES:
Citrus:
- 46Ha of Star Ruby/Benny Valencia & Late Valencia under micro and drip irrigation
- 10-15 years in age
- Exporter: Xtreme
- Global GAP

Mango:
Ptn 1:
- Peach/Irvin/Sugar
- 7Ha
- 18 years
- Dragline irrigation

Ptn 2:
- Tommy Atkins/Kent/Sensation/Sabre
- 24Ha
- Drip irrigation
- 15 years

Ptn 3:
- Kent/Hayden/Sabre
- 21 Ha
- Drip Irrigation
- 15 - 25 years

Ptn 4:
- Sabre/Tommy Atkins
- 8Ha
- Dragline
- 12 years

WATER:
- Earth dams x 4 (998 853, 900 000, 300 000 and 30 400 m3)
- 13 x boreholes (70 500 litres p/hour in total)
- Rivers/streams

ELECTRICITY:
- Eskom
- 3 phase

RAINFALL AVERAGE:
- 850mm annually

FENCING:
- fully fenced in
- Ptn 1 - 1.8m game & 1.2m cattle fences
- Ptn 2 - 1.8m game & 1.2m cattle fences
- Ptn 3 - 1.2m cattle fences
- Ptn 4 - 1.8m game

TOPOGRAPHY:
Moderate slope in different directions

BUILDINGS:
- Dwellings
- Outside buildings
- Shed

IMPLEMENTS:
Farm will be sold with some implements to cultivate lands. List available on viewing of farm.

Sold as a going concern.

Fully productive farms of this size and caliber rarely come on to the market. Truly worth viewing as a long-term investment!

Features

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Land Size
238Ha
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

600,174.44

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