Stunning Investment & Processing Farm - Wittedrift, Plettenberg Bay

ZAR 29,000,000
  • 2,590,000 m² Plot surface

Description

This well positioned and established 289Ha Farm is a going concern and an interesting investment. Rolling Hills with planted lands, river frontage, a beautiful Bitou Hut for those week-end occasions be if family or function , stunning mountain views, numerous homestead building sites and a development opportunity of a 4ha portion with potential of 25 units per ha. This was a working farm which was fully operational and include dams, irrigation, a nursery etc. with all its plant and equipment. When harvesting happens, which is generally through out the year, the listing includes a fully operational and equipped Processing Plant Factory. This property has beautiful River Frontage for future development, recreation facilities and those lazy weekends on the river. Beautiful ingenuous landscapes and vegetation not to mention a birders paradise. Lovely large pasture lands for possible livestock grazing. Council Rates and Taxes are R 4 250-00/month for Processing Factory and R 700-00/month for the Farm. Presently, 32ha has been planted with Honey Bush Plant which includes two varieties - Longifolia & Subternata, Harvested separately or as a blend and can be processed into either a Dry Honey Bush Tea or Fermented Honey Bush Tea. Plantations are planted with approx. 12 500 Plants per Hectare and after 5 years yield up to approx. 1000gm plus per plant per year. Local Wholesale Price is approx. R 115 per Kg. Full History of Farm Development and activities, including actual and project harvesting, have been documented and are available. The Farm is owned by two companies ie. Investment Co for the Farm land & its equipment and then the Processing Co for the Processing Plant which has state of the art processing machinery. Full financials, Budgets, Asset Register, Expanded Marketing Notes, Ecocert Organic Certificates 2022/2023 are all available.

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Engel & Völkers Plettenberg Bay

Your advisor: Alan van den Handel

Property ID: ENV156555

Property details

Property type

Land

Plot surface

2,590,000 m²

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Engel & Völkers Plettenberg Bay

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Plettenberg Bay

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Commission details

Agent's Professional Fee is included in the price advertised.

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