MLS#: 307925

$4,101,728 USD

ZAR75,000,000

Total rooms
26
Minimum sellable space
5,160m²
The details

Property features

Date Updated: Nov 14, 2024

Area

Property size
5,160m²
Land/Lot size
1,388m²
Bedrooms
17
Bathrooms
9
Total rooms
26

Description

Rarely does a property of this caliber become available. This expansive 1388 HA farm is a prime investment opportunity, boasting over 5 km of river frontage along the Mogol River. It includes registered water rights for irrigation across more than 500 Ha, complemented by 10 km of boundary fencing.

The farm features five equipped boreholes, with irrigation water sourced from both the river and three storage dams. Five pump stations ensure efficient water distribution across the property. There are 12 fully established irrigation circles, with 9 of these equipped with pivots.

Historically, the farm has successfully cultivated potatoes, beans, maize, and peanuts. However, it is equally well-suited for growing citrus, pecan nuts, and blueberries, thanks to its favorable climate and region.

The property is well-equipped with substantial infrastructure, encompassing over 5000 m² of covered space. It offers various accommodation options, including two large main houses, smaller residences, granny flats, and additional buildings such as open and enclosed storerooms, offices, workshops, a tool room, a chemical storeroom, a slaughter facility with a cold room, workers' accommodation, and ablution facilities. Additionally, there is a chapel/conference facility and two guest cottages, which can generate rental income.

The farm is powered by seven ESKOM 3-phase transformers and includes a 300 Ha game-fenced area for leisure farming, featuring Impala, Blesbuck, Wildebeest, Oryx, Eland, and Kudu.

The asking price excludes loose assets, but a detailed list of available equipment—including tractors, trailers, combine harvesters, sprayers, balers, rakes, ploughs, and spreaders—is available upon request. The property is currently registered under a VAT-registered company, and the asking price is exclusive of VAT if applicable.

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Location

Modimolle, Limpopo , South Africa
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